InvestorsHub Logo
Followers 2
Posts 1323
Boards Moderated 1
Alias Born 03/18/2004

Re: None

Thursday, 11/11/2004 9:27:54 AM

Thursday, November 11, 2004 9:27:54 AM

Post# of 1271
The MARKET VU SHOW 11/11
TUNE IN FREE>> http://www.themarketvushow.com M-F 8am est. until there is nothing more to say.
Yesterday’s Action From the trading desk of Canslim.net>Rates Up, Crude Oil Up, Stocks Mixed.. Wednesday the Dow Jones Industrial Average lost 0.89 points or 0.01% closing at 10,385.48 while the bellwether S&P 500 decreased 1.17 points or 0.10% ending the session at 1,162.91. The New York Stock Exchange volume total increased 4% from the prior session to 1.50 billion shares as big board advancers outpaced decliners 1,967 to 1,328 and there were 270 new 52-week highs and 13 new lows. The Nasdaq Composite lost 8.77 or 0.43% closing at 2,034.56 and the Nasdaq exchange's volume increased 10% to 1.85 billion shares. On Nasdaq advancers outpaced decliners 1,653 to 1,436 with 178 new 52-week highs and 35 new lows. Semiconductor stocks lagged today as Cisco Systems reported a disappointing sales outlook after the close Tuesday. A slew of broker downgrades followed, hurting computer hardware makers such as Hewlett-Packard (-3.7%) and Dell (-1.6%).
Yesterday: SWING MAN nails CNCT swing trade as spoken about on Mon. show taking ½ profits right up to the 7 to 8% profit area that IT traders would look to book some btw the zones, “always good to book at least half when you ca”.. MSCC showing breakout of 8 months consolidation handle on a W bottom.16.15 is a key area..Likes the action today..15.83 is a Pivot breakout..Looking at this also as a option action play in the 15 calls.. ZEUS in the Steel group highlighted..Market Vu and SWING MAN spoke about CKCM> SWING MAN saying FIB ret at 8 is great supp..Market Vu saying 8.80 on the pullback(60min chart).9.42 is first supp IF IT PULLS BACK.... SWING MAN updated GMAI(EBAY GROUP) and relative value.. LSCP>CANSLIM play on the watch list. WHISPER NEWS on XOMA..MKTX will not look back.”Maddness stocks” continue to defy gravity
Today: Market Vu overlaying QQQ &SPY chart..Notice anything??Continue to watch SP cash 1160.87(50%res of bear/bull MARKET.1163.23 was the pre high print on 3/5/04 .Bond market closed. Arafat dead at 75… Bullish bias persists in pre-market trading. Oracle may again raise bid for PeopleSoft.. CTRP tgt raised to $57 from $40 at Piper Jaffray>Watch LONG,TZOO..RIMM(continued strong sales of BlackBerry 7100t handsets at T-Mobile,upgrade,),,RFMD upgraded.. Blockbuster offers to buy Hollywood Entertainment..CANSLIM stock HDWR beats..TASR debuts a new product..Market Vu’s CKCM trading up..THE MADNESS is BACK!!!!

Key SP Pit numbers from Kwik Trading>Key numbers from the SP pit will be posted on the show..
Want to know what key numbers Pit traders are looking at? Big boys or locals buying? Complete coverage from the SP’s to the Cattle pits. Get the day traders Market Profile numbers and OPENING Rng....Call the trading desk at KWIK Trading. Call 800.467.5945.. Kwik trading is now offering commission free forex currency and metals trading .There is a free demo platform (which includes free quotes and charts. Is that enough 'free's? Call 800.467.5945 for more info.

SPMentor> 3 Day rng as we trade in a 60min triangle....71.75 is key..Minor at 73.15..1160.25 is key on the downside..SP’s are consolidating..Steve posted the 60min extreme points. 1158.50 is key for downside supp..
Steve will update during the trading day.. For a free trial of Steve Rifkin's S&P LIVE Mentorship where it's always called out live as the market trades and the Nature's Force E-Letter Report - review of the recent trading day, with key levels for the next trading day click here.
http://www.themarketvushow.com/sponsors.asp?sid=1

eButler serves The Commodities Report > Coffee being highlighted..Looking for longside entry..No currency trading today,so it will be interesting to see how Gold trades..Watching CRUDE for a change in trend....Ask for Commodity Mentor Trade Summary Sheet.
Contact at 800.467.5945 or http://www.tgmti.com/contact.asp

Chris “Swing Man Tyler > Still likes ZEUS from yesterday..MAHI was charted,showing the Madness300% move yesterday).Watching MRVL>28.50 is the trigger..MSCC triggered yesterday AFTER HANDLE HIGH.LFUS was charted..Stocks on the short side were charted..Chris spoke about finding stocks with a float of around 1 mln shares and buying them simply on the basis that they are easy to move. Once these stocks make it onto the percentage gainers list, a new round of momentum buyers jumps on.

Bestradess Vu’s >Updated listeners on NQ’s and SMH along with TASR and RIMM

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.