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GoodVibe4Ever (< 20)

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GoodVibe Community Market Vibes – Each one teach one

Recs

49

June 08, 2009 – Comments (34) | RELATED TICKERS: PL , E , PEO

We are community “out of many, one” where “each one teach one.” We strive to learn as much as teach. We stand to build, add, or make a positive change - words and deeds. We aspire to inspire each other to do one thing; learn to improve our abilities to make better decisions. We don’t follow one set of analysis but welcome all approaches as long as we can verify their accuracy. Among us, we have different talents in many walks of life who use different approaches to investing, trading, or both but none of us claim a crystal ball or superior knowledge that is guaranteed to work all the time with no flaws.

We wish you to be blessed with all you wish for yourself and maybe a little bit more. In the spirit of sharing humbly without malice in our hearts or thoughts, we offer what worked for us in hope it might add some value to your thinking and some coins to your bank account. We will make mistakes that we will not shun from admitting publicly. Sometimes right, sometimes wrong, but always honest. On the other hand, we will downplay our good calls if we get it right. We understand that if we don’t stay humble, the market will do it for us.

That said, if we can’t offer you anything, we invite you to share with us what made you money and we will not only be grateful but also will wish that what goes out from you, comes back to you a hundred fold. Please, we love to learn from you.  

This post, which I hope you will stick to its structure without deviation until we open another post next month will be in the form of an individual calls based on whatever analysis you use. Pick a stock, commodity, ETF, index, currency, option, or anything that can be traded and tell us what do you think about it and how you will invest in it or trade it. Share it in the comment section, the chat room lounge below, or both.

For myself, I will start with a bearish call on silver (check below). I have many more calls to share and I will add them as soon as possible. If you wish, keep this post on your radar for the next month for more trades from different people. We don’t post many blogs as before for two reasons: First, most people know how to find us in the new chat room where the conversation is fluid and ongoing. Second, we don’t want to clog up the blog listings for others but rest assure, you will always find someone here day and night, seven days a week. :)

I will ask you kindly to refrain from social comments in the comment section and keep it for the CIL chat room. We don’t want to tire people with unrelated readings. It’s also preferable if you can add only your analysis (TA, FA, Financial Astrology [FAA], etc.) on things that you trade in real life or willing to put your money where your mouth is. We want to raise the stake here and be able to back our work with tradable analysis. Please, be comprehensive while concise. If you don’t have something that adds value to others, please learn or keep your peace.

                Be happy, do good, and the rest will be taken care of.

GoodVibe Community

34 Comments – Post Your Own

#1) On June 08, 2009 at 3:19 AM, GoodVibe4Ever (< 20) wrote:

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#2) On June 08, 2009 at 3:19 AM, GoodVibe4Ever (< 20) wrote:

Instruction of using the CIL chat room that we call "The Lounge":

When the room is open and not in "stand by" mode, there's nothing to do other than read, watch and occasionally send in a comment or vote in the polling questions.

Benefits of using CIL:

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4. You can turn off the music and the sound effects that alert you to new content as the commentators publish it.

5. You can translate the chat to different languages and many more.

CIL is not equipped to be a chat room but we are trying to make it work like one by allowing as many people to comment within the restrictions in this application.

We want you to be familiar with easy to follow steps to enjoy this powerful application:

1. If you know that you will never comment, ask questions, post chart, links, media, etc., then you just click play and enjoy the conversation for as long as you like!

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The only difference is that if you ask for only one-time permission, you will have to ask again for another one for your next comment. If you get the “always allow” AA status, your comments will be published instantly without a moderator approving them as if you were using an instant messaging product. Type and click send. AA status is valid as long as you didn't exit the Caps' page but generally you have to ask for a new one the next day.

No comment can be seen without this step first. It’s up to you to choose which one you like not for us to dictate who speaks and who doesn’t. In either case all comments will be published unless you instruct the moderator otherwise.

If you know that you will be a daily regular contributor, you can ask for a "producer status", which requires free user name (easy to establish) from CIL website. Once you get it, you will always be able to comment without need for permission until the chat room is closed. This status allow you to have a console equipped with more commenting editing tools where you will never need to come back to this Caps' page but will access the chat room from your own computer! We have only 25 of this status, which is given for our most frequent users.

Please make the moderators' job easier by doing the following:

1. Ask for "always allow" if you are planning to have three comments or more per day and when you don’t want it anymore, just let the moderator know that to free space for others. You can ask for it again if you change your mind.

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Last note:

Those who will be given "always allow" status, please moderate yourself. Talking endlessly without considering people's time is not constructive. Think about those who want to read the whole conversation later. If they will find it burden to read a lot of chat that benefit them little, they will avoid reading the whole thing and might pass on valuable information. If it will take me more than 20 minutes to read the whole day worth of chat, I might not read it again. So, easy on the keyboard, tigers.

For producers:

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       Thank you very much for understanding.

We stay together, we survive and thrive. This we believe and strive to live.

GoodVibe Community

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#3) On June 08, 2009 at 3:21 AM, GoodVibe4Ever (< 20) wrote:

Bearish call on silver: *(1)

Long ZSL **(2) @ $7.85 - $7.15 with average price of $7.35 (current $7.67)

Why bearish on silver?

SLV 06.08.09

     Enlarge Still chart      Live chart for more indicators

1. Technical overbought condition that offers a good entry point with low to moderate upside risk. Stops can be placed at near highs of silver spot @ $16.23 ($7.04 low for ZSL).

2. Current silver bulls are 93% just 2% below February's high of 95% bulls (All time record high) according to the daily Sentiment Index. A bearish signal for silver. This is a contrary indicator.

3. The sharp reversal from my projected top exactly around my resistance levels (see the chart) is another sign that we have a top in place.

4. The dollar made a short-term bottom with sharp reversal. More advance for the dollar will signal no need to rush for gold and silver as an inflation hedge (at least for now).

5. The soon fading "green shoots" for industrial growth will put a downside pressure on silver as a "utility metal" and at the same time declining doomsday prospect for the economy will diminish the need for silver as a "currency of last resort". A triple whammy in my opinion.

6. Elliott waves analysis indicates that [a b c] corrective wave is acceptably fulfilled (unless c will extend). Projected traget is under $8.40 for spot silver.

7. The rally from last October @ $8.40 retraced exactly a Fibonacci ratio of 61.8% of the entire decline from last year high at $21.44. This ratio offers a turning point indicator.

What will make me reverse my call?

1. Continuous decline in the US. Dollar versus the Euro and British pound, rising prices in equities/commodities, or both.
2. Increased geopolitical risk.
3. $16.50 spot silver is exceeded.

If any two of the above happen, I will step aside in cash for better entry point.

*(1) Counter FA view to my analysis can be found on Sinch's blog. Read this please to see both sides.

**(2) The investment seeks daily investment results , before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London. The fund normally invests assets in financial instruments with economic characteristics inverse to the index. It may employ leveraged investment techniques in seeking its investment objective such as futures and silver forward.

Next call is bearish GDX: Short GDX @ $43.15 (Current $41.33) – Stay tuned!

I hope this find you and yours well.

GoodVibe
Mr. Lucky

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#4) On June 08, 2009 at 3:44 AM, awallejr (85.41) wrote:

I am surprised at the bearish call on silver.  One thing that many agree on is that inflation is in our future.  With that in mind silver would be a natural benificiary.  While corrections can always occur, longterm I can only but see this (as well as gold) rising.

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#5) On June 08, 2009 at 9:28 AM, Rebkong1 (< 20) wrote:

nice shawshank redemption salutation  GV

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#6) On June 08, 2009 at 11:36 AM, GoodVibe4Ever (< 20) wrote:

If you're having cold feet or thinking of what people will think of you if your call didn't come positive, then I'll tell you the following:

"Never mind the stars! You have to be prepared to put yourself in a place where you feel unsafe, not completely in control. You should have no fear or whatsoever, because often out of the uncertainty something is salvaged, something that is worthwhile comes about. There is no progress without failures, though. And each failure is a lesson learned."

"Unnecessary failures are the ones where you try to second-guess your audience’s taste, and little comes out of that situation except a kind of inward humiliation."


Also.....

"I have missed more than 9,000 shots in my life. I have lost almost 300 games; 26 times I have been trusted to take the game winning shot and missed. I have failed over and over and over again. That is why I succeed." Michael Jordon

Looking forward for your call.. It can be market direction, Index, stock, commodity, stock, ETF, currency, option, etc. and how you think it can be traded.

GoodVibe

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#7) On June 08, 2009 at 12:18 PM, RussWild (< 20) wrote:

I guess I'll break the ice. This is my count with oil ($wtic).

 oil

enlarge

I'll add a shameless plug. If you are new to the Elliot Wave Theory (EWT) I have started a class here. Come join the fun!!

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#8) On June 08, 2009 at 12:51 PM, columbia1 wrote:

This is the one stock I have been watching, it has behaved very differently then the SPX, making its low back in October, and has rallied while the SPX was making new lows this year, almost moving inversely to the SPX. Beginning in April as the SPX started its rally, TNH started to sell-off, and has continued since. It has broke through support at $112 (38% retracement and a previous low). The reason I picked this stock is the chance that when the SPX starts its sell-off , correcting the massive run-up, TNH might buck the trend, and start rallying. TNH fundamentals are pretty sound and the have $$$$$. Please do you own homework, I just brought this up to bring it to your attention-

tnh68

 

ENLARGE

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#9) On June 08, 2009 at 1:56 PM, ekramer17 (< 20) wrote:

Here goes nothing!  This is my pitch for a short of Visa, Inc. (V) -- current price as of June 8th, 11:57am EST is $70.20.  Bottom line: Visa appears to be completing a minor wave (C) of intermediate wave [2].  Once this minor wave is complete, Visa should begin a new impulse wave down that should take it below the 41.63 low of earlier this year.

ENLARGE

Technically, this appears to me to be a very clear wave pattern, currently in minor wave (C) of intermediate wave [2] zigzag.  Very close to an area of high resistance, where (C) = 1.618 x (A) and [2] = 1.618 x [1].  Indicators seem bearish as well, with RSI almost in overbought territory (with a slight bearish divergence from the early May minor wave 3 high).  The MACD shows a bearish divergence from the same May minor wave 3 swing high, and the Stochastics bearish divergence of similar time frame is downright ugly, as the %K looks as though it's rolling over below the overbought line (after being above the overbought line at the May swing high).  Volume also appears to have been weakening since the May high.

Fundamentally, credit card delinquencies are rising (AP released a report this morning saying that the delinquency rate jumped 11% in the first three months of the year) and given the state of the job market, it's hard to imagine that rise reversing any time soon.  Furthermore, the government, once again pandering to the populace, increasingly has credit card companies in its crosshairs.  Currently on the table is the Credit Card Fair Fee Act, which proposes to require negotiations between banks and merchants over interchange fees.  One potential ramification according to analysts is a decline in the number of cards on the market, which would not be a good thing for Visa.  Even the CEO is aware of this, and has issued a warning in response:

"Visa (NYSE:V) CEO Joseph Sanders said Tuesday that the entire credit card industry will be forced to restructure due to changed practices enforced by new US legislation which will lower revenue expectations. 'It's going to cause the whole industry to rethink itself,' Visa's Chief Executive Joseph Saunders said. Saunders went on to say, 'It will result in less credit being offered to less people." The legislation, which set to take effect in February of 2010, is aimed at thwarting credit card issuers from raising interest rates on existing balances.'

Also, a trailing P/E of nearly 47 (FPE is a lower but still not great 21, based on what are likely pie-in-the-sky estimates) is too high to assume any margin of safety on the upside.

In sum, I think Visa is a low risk short opportunity, and I would expect the price to fall from its current $70+ level to under $40, possibly by year end.  For those looking to catch a reversal, the amount of room to the upside looks to be only a few points unless the wave extends ... a price of $75 would indicate a rise above the resistance zone and would seem to be a good place for a stop.  For those inclined to wait for confirmation, a break below $63.51 should signal that intermediate [2] has ended and intermediate [3] down is underway.

Cabot

 

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#10) On June 08, 2009 at 1:57 PM, anchak (99.84) wrote:

Incidentally Mr C....chose the most entangled stock possibly. A favorite of us stinkyfeeters......TNH was a solid Div play around the "Sky is falling" time in Q4 2008.

Stinkyfeet Pitch:

http://caps.fool.com/Pitch/TNH/3540156/the-pitch-for-this-stock-can-b.aspx

Now its the ultimate chain link stock. ( See Valuearbitrage and ACMIP's play and commentary)

Agrium (Agu) wants to buy CF. CF rebuffs Agu and  wants to  merge with TRA ( this is the likely outcome). However TNH is basically a spun sub of TRA ( I think TRA holds about 28-30% stake).

TNH has a 6%+ yield. And based on this M&A chain - almost everyone feels that's unsustainable because I think TRA essentially has management/board control on TNH.

 

 

 

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#11) On June 08, 2009 at 4:57 PM, kstarich (30.76) wrote:

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=208714&t=01002395949742885493

To all my Goodvibe friends

Here is my Astrology of Silver post.  Complete with daily projections.

Enjoy,

Kstar

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#12) On June 08, 2009 at 7:48 PM, bostoncelitcs (37.54) wrote:

In the spirit of this post.....I don't want to brag.......but I made a bundle (over $5,000) at "The Belmont Stakes" this past weekend putting a bet on #4 "Summer Bird" to win.......I'm taking the family on a nice vacation!!

Trading stocks should be viewed only as a hobby only and left up to the professionals.  Trying to "time the market" involves a lot of risk.

Best of luck to all CAPS community.

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#13) On June 09, 2009 at 8:43 AM, marktsgooch (< 20) wrote:

Came across what appears to be an excellent (and detailed) summary of EW rules - originally from Elliot Wave International.

http://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500-Articles/EWRules.htm

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#14) On June 09, 2009 at 8:59 AM, c0ld (< 20) wrote:

My call is PWAV from 1.40 and still holding.

PWAV is in a clear uptrend as far as I can tell and unfortunately I sold out my .30's position long, long ago, because I didn't know the first thing about patience, trends, etc..

Now I barely know the second thing about them, but I plan on holding this atleast through June on an expectation that it will go up from here and that the bull run is not quite exhausted yet.

I have also factored in Kstarich and MissMalibu's analysis (which, by the way, thank you very much) that June is still bullish overall and especially in the NASDAQ.  

Even if June is not, I can count on my little friend PWAV to not get very tempermental too fast.  She's a strong, resilient personality, and I was willing to sell at a loss last week if she was not going to go my way.

I am up 10-15 % now but plan on playing as follows:
-hold through June, with stop loss under entry
-After June, set ~1/5th % (of gain) stop loss under current price
(The reason I am not keeping 10% profits is because I did not invest enough $$ to justify such an early exit, in fact, I believe that if PWAV sinks well below my entry I will have a possible bear entry).

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#15) On June 09, 2009 at 9:05 AM, kstarich (30.76) wrote:

Astrology of the day

Today-Afternoon of the 9th there is a Sun trine Pluto in the 6th house.  Very strong aspect and positive for Aerospace technology, weaponry, military, specialized technology.

My pitch is for Ladish (LDSH) and Boeing (BA).  I will be adding LDSH and I own BA among others.

KSTAR

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#16) On June 09, 2009 at 5:39 PM, binve (< 20) wrote:

FOR GOODVIBE - CHART AND PITCH

Chart and pitch for XOP by binve - 6/4/2009

Timeframe for pitch: Long call for the next 1-2 weeks

XOP - Oil and Gas Explorers and Producers Spider
Contains: Exxon, Chevron, ConocoPhillips, Devon, XTO, etc.

Preamble: Let me first say that I am a bear. I am highly bearish on this rally and the fundamentals of the economy. The stock rally is nothing more than an inverse Treasury and Dollar play. Which will make it susceptible to an abrupt ending. So this pitch is a short term (couple of days, no more than 2 weeks) Trading Pitch ONLY!

Pitch: Okay, preamble is out of the way. I am highly bullish on oil long term. However, I think oil too will pullback when the dollar does. But at the rate it is going, it will hit $77/bbl (38.2% retracement of the entire correction) during this run. I was thinking about USL (oil via the commodity), but I chose XOP (oil via the producers) instead. More on that in a minute.

I chose XOP because if I am going to trade something during a rally that I am convinced could end any minute (because the rally is "fake" / dollar inverse based and the fundamentals of the economy stink right now, did I mention that?) I would much rather trade something that has a product or underlying asset that I believe have good fundamentals. And I think oil has great fundamentals. It is an inflation hedge and is a real asset.

Oil has bottom in Decemeber (before the rest of the market) and XOP makes its first bottom at the same time. It puts in a double bottom in March while the rest of the market makes a lower low. XOP is clearly stronger than the rest of the market. Additionally, since the bottom, XOP has outperformed the S&P by nearly 20%, as can be seen in the price performance chart below the price chart.

From an EW perspective, the wavecounts are cleaner and more bullish (more impulsive / less corrective) than the wavecounts for the S&P 500 cash index.

Refer to the chart for the EW count as well as several technically bullish notes

Why a pitch for XOP instead of USL: Because I think that the broad market rally has a good shot of continuing for the next serveral days, I wanted to look at an underlying ETF that was bullish and had a 3x counterpart that traded simiarly. In this case it is ERX (ERX is in the Russell, so it is not a strict XOP play, but similar enough for my purposes). I have been trading ERX (very small positions with a small fraction of my cash reserves) from the long side since the beginning of June



Enlarge

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#17) On June 09, 2009 at 6:25 PM, anibas (66.87) wrote:

Help! - Trying to post a chart from stockcharts. Can someone post the directions for posting a stockcharts chart in CIL or a CAPS blog?

Thanks.

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#18) On June 09, 2009 at 6:28 PM, binve (< 20) wrote:

anibas: No problem! Here is the procedure:

To embed an image, here is the deal:

1) Go to www.flickr.com and sign up for a free account (easy, takes less than 3minutes)

2) Chose the picture and upload it to Flickr through the upload page.

3) After you upload the photo, go to your "Photostream" and click on the photo. There will be several links / buttons above the photo.

 3a) Click on the one that says "All Sizes"

 3b) After you do you will see at the top "Small / Medium / Large" etc. Click on the Medium or Small one.

 3c) Now at the bottom of the photo there are some text boxes with HTML in it.  Go to box 2 labeled: Grab the photo's URL

4) Come back to Caps and write your comment

5) At the end of the comment, write this code:


But replace URL_TO_SMALL_PIC with the smaller picture URL from Flickr, same with the large one.

- Use the small photo URL inside the IMG Tag
- Use the large photo URL inside the a Tag

You are set!

 

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#19) On June 09, 2009 at 10:33 PM, burtman99 (39.49) wrote:

Greetings All,

My name is Burt.  Long time reader, first time poster.  My pitch is for CAL - Continental Airlines.  Fundamentally I feel the airline industry is starting to turn.  Overall travel is starting to increase and I believe people will soon tire of the "staycation" and travel somewhere just to get away.  Oil will also play a large part in the near term recovery of the airline industry.  I beleive oil will top out here soon.  I don't think the economy will be able to sustain oil at over $65 a barrel at this time.  A correction is soon to come and that will benefit the airline industry.  I believe CAL could be a solid investment for the long term. 

Technically (my apologies for not posting a chart, haven't learned that yet), if you pull up the 6 month chart, CAL bottomed on 3/9 at roughly $6 forming a nice 5 motive to end wave 1 at $15.  An A/B/C wave 2 is near completion.  I think CAL will fill the gap at $9.25 by Wed/Thurs and complete 1 up and 2 down of wave 3.  I believe wave 3 has serious potential ending @ $20.  The weekly and monthly charts seem to have potential as well.  I will be looking to enter this position below $9.25.  Please do your own due diligence before investing and good luck!

Burt

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#20) On June 10, 2009 at 12:53 AM, RussWild (< 20) wrote:

Ok, first things first. anibas ~~ Check my class # 2 I go through posting from stockcharts.com into a blog.. it's at the end and it's long...sorry Link here

Not sure if I can do 2 arguments in this blog (GV don't kill me) I charted Nasdaq for the first time today after it broke a new high and DOW and SPX didn't. This is my conclusion and I don't even know a Nasdaq short ETF, but they may be my next trade. community is there an SDS for $compq? How sad I know... anywho here is my trade set up.

2 year chart ($COMPQ)

Nasdaq 2 year

Enlarge

Nasdaq 4 month chart

 Compq-3mo

enlarge

 Micro count on wave 5

 Nasdaq 15 days

enlarge

 Moral of the story is that i've neve shorted the Nasdaq and I'm very tempted to do so now.... Maybe some up movement to conlude the wave 5, but after that this computer party is over!

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#21) On June 10, 2009 at 2:01 AM, timetodrive (< 20) wrote:

Okay, sorry it took so long.  Here is my pitch for trading the coming pullback in the market.  I see a combination of things that are pointing toward a correction happening soon (as in this week or next). 

Partially, this call comes from my belief that the current rally was manufactured.  There are no real signs this recession has made a significant turn toward recovery.  Yes, the economy’s slide has slowed down, and is even showing signs of a bottom, but it has not proven that we have returned to a growth period.  In other words this rally has been manufactured on hopes more than facts. 

The 3 main reasons I think it will happen soon are this: 

1.)    The S&P, DOW and Nasdaq indices are all showing patterns that indicate a top.  It looks like there may be a push of this final wave,  but I think it will be weak.  I am still learning EWT and will reserve trying to label wave counts.

2.)    VIX index is looking like it is reaching a bottom, lots of zigzagging and feels to me like it is too low for the real volatility that is happening on an intraday level.

3.)    We are going into the 13th week without a significant pull-back, so whether this is a correction in a larger bear market or a first wave in a new bull market (doubtful IMO) we are due for a downturn.

I have chosen to take the ultra bear ETF vehicle to ride this downturn.  My top choice is FAZ, because I think financials have gone too far too fast and will be the first to fall just like they were the first to reverse from their lows, plus the RIFIN chart is looking really weak.   I also chose BGZ and SRS as I think real estate and large caps will fall with major indices.  There are others I am watching as well, but haven't purchased.

I have been purchasing shares of these 3 ETFs and will continue to add to them and then go in more heavily once we get a confirmed break on major indices.  I know the decay on these make them bad for long-term holdings, but I am currently not day trading and am riding waves in the several weeks to couple of months trend.   When the market begins trending downward, compounding will reverse any losses from decay. 

This is my current play.  I have a lot of longs that I will be looking at once we reach a level of support and start to go back up again.  I am watching UNG also as a possible buy in the near term. 

So, there we have it, my pitch.  Time will tell.  I am putting myself out there and welcome any critique or comments.

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#22) On June 10, 2009 at 9:00 AM, IIcx (< 20) wrote:

PRGN (I'll post a chart when I get a chance)

Price is currently above 5/share but the gaps up to 5 are massive including a major gap at 4/share.

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#23) On June 10, 2009 at 9:57 AM, PrestonCheek (31.94) wrote:

Russ, check out TYP for your NASDAQ short.

I have been looking at this as well, good luck.

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#24) On June 10, 2009 at 10:26 AM, anibas (66.87) wrote:

My call is to sell AAPL.

Below is a chart with my EWT counts for AAPL, which I prepared to determine whether to hold or sell at the current price. Based on my count, we have likely reached the highest price for this year, and my call is to sell and use the proceeds for shorting opportunities.

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#25) On June 10, 2009 at 10:54 AM, IIcx (< 20) wrote:

Link to the PRGN chart that shows the gaps

http://stockcharts.com/h-sc/ui?s=PRGN&p=D&yr=0&mn=6&dy=0&id=p43115022134 

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#26) On June 10, 2009 at 11:58 AM, GoodVibe4Ever (< 20) wrote:

anibas - Great call! It was one of my calls I planned to post but you borrowed my thunder. I'll add more charts to this call. I have a short position in AAPL myself @ 143 (current $140) and I believe there's more downside to come but I liked your call out to "sell your long position" at the least. Very prudent. Thanks for the fresh view.

People don't need to buy or short only but can call to exit positions as well. Another way to call is to hedge positions. Keep your long or sell some and short something against it or go long bear ETF in the same sector or buy a put. Many many ways to approach things.

anibas, remember to add link for the large chart instead of the large chart itself. Ask in the CIL if you don't know how to do it. 

Russ - Your best chart EVER! Same exact count here. Don't you love how clear the count is? Compare number of vehicles like QID TYP and their return against QQQQ. Keep AAPL, GOOG, RIMM charts on your radar to see how they behave as an early warning signal to your short position. Best!

llcx - I didn't understand what the call is. Is it short, long and for how long. Can you provide more details.

Anyone can post as many calls as they wish. Please, if you change your call, come back here and mention that your views changed or your call closed. Thanks for your calls. I hope they find their way to add some value to all of us.

GoodVibe

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#27) On June 10, 2009 at 4:21 PM, IIcx (< 20) wrote:

Sorry GV - its a short call with tight stops looking for a drop to cover the gaps in the $4 area and then is a long buy. The stock is hugging its declining 200 MA.

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#28) On June 10, 2009 at 4:54 PM, GoodVibe4Ever (< 20) wrote:

Here's one chart anibas for AAPL I posted in the lounge today. Pay attention to the higher resistence levels. I always see both sides and be prepare.

GV - AAPL Daily

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Also here's a new post for a market call and a chart.

GoodVibe

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#29) On June 10, 2009 at 10:53 PM, DanDarby (< 20) wrote:

Here is my pitch. I think it's time to start selling you're TNA and building a position in TZA. The Russell 2000 has had quite a run up, faster than some of the other indexes and I think it has reached a top for now. It has also, as of today, broken out of it's triangle and I think it's headed down from here. Here is the big picture:


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And here is a 15 min chart:


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Note on the 15 min chart the ending diagonal which would be {v} and complete A, that looks like a reversal to me. Also look at how the triangle has been broken today, further indication that this index is going down.

One other thing I have noticed is that the volume of TNA over the past couple of weeks evaporates as the price rises, then when it starts to sell volume picks up. I think this is another sign that a big sell of may be coming.

I am building a position in TZA.

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#30) On June 12, 2009 at 6:37 PM, anibas (66.87) wrote:

Thanks to GV for the charts & info on AAPL and to Binve & Russ for help with posting charts (sorry for the large 2nd chart - left off the end of tag).

I am making a call to short the S&P with a purchase of SDS. This call is based on my chart below (showing a microcount for the past two days), the lack of any significant pull back to this lengthy rally, and lack any true improvement in the underlying economic fundamentals.

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#31) On June 15, 2009 at 3:33 AM, binve (< 20) wrote:

Hey Everybody

I just published a new blog post

Market Thoughts and Analysis: The Gold Blog. Gold/Silver/GSMs (and a little Oil for good measure)
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=212735&t=01008419310939784033


Please feel free to check it out. Thanks!

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#32) On June 15, 2009 at 10:08 AM, GoodVibe4Ever (< 20) wrote:

New post. I had to! :)

GoodVibe

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#33) On June 19, 2009 at 11:26 AM, adventure818 (< 20) wrote:

YGE can produce crystalline silicon PV at below the costs of most of its competitors, including and especially rival STP. This is due, in part, by financial support and contract preferences from the Chinese government as well as ready financing from state-owned banks. YGE is also vertically-integrated thus further controlling production costs. This gives YGE a bidding advantage to consistently underbid its competition and buy market share. One recent example is China's first 10MW demo project, where YGE's consortium won the bid with a power tariff rate of 0.69RMB (around US$0.10) per kWh. At this price, the company stated that it "wasn't losing money", but many of YGE's competitors (including STP) claimed the price was so low that it was unfair, and hoped it wouldn't set a precedent. Talk about crushing the competition. I don’t like YGE's management as well as STP's when comparing its business execution or innovation compared with its Western competitors. That said, I do like YGE’s recent collaborative efforts with the Energy Research Centre of the Netherlands and Amtech Systems to develop and patent the next generation of high efficiency solar cells expected to further lower solar eEnergy costs. What matters in the PV industry is $/kWh. Cutthroat cost reduction plus the backing of a significant portion of the Chinese government provides YGE with a sustainable competitive advantage. As long as YGE continues to maintain its low-cost producer status in the crystalline PV segment it should exceed growth expectations. Current P/E for YGE is near 40—compared with near 860 for STP. Both companies have a similar market cap of 2B and 2.5B but YGE has higher EPS. Current stock price is low in part due to lower current prices for oil. Solar is a good play if you believe oil will rise. 

YGE 12-18-09 Adventurer

 http://farm4.static.flickr.com/3611/3640651721_33db21dd11_o.jpg

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#34) On June 19, 2009 at 12:04 PM, Helgaki (< 20) wrote:

, adventure818

 

Thanks for the chart. 

 

I have been following Yingle for the last few months.  They just issued 18.600.000 shares, proceeds partially used to reduce debt.

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