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Hurray, chk999 is bullish...

Recs

19

January 20, 2012 – Comments (8) | RELATED TICKERS: DLB , PETS , VECO

Being aware of some of his past predictions on market movement's, I've learned to respect chk999 as someone who has a pretty good feel for when the market is ready for a pullback (overvalued) or for a rally (undervalued). 

Today, I was very pleased to see that chk999 is bullish right now (as seen here).

Last time when I was bullish, chk999 was bearish, and I got burned pretty badly.

This time, when both of us bullish, I hope I'll see different results in my portfolio.

p.s.

Here are some of the stocks I consider "Best Buys Now":

PETS $11.26

DLB $34.94

ASYS $10.15

VECO $26.12

RCL $28.01

OME $8.26

RBCN $12.83

And a couple of penny plays:

MCZ $0.67

NTWK $0.56

8 Comments – Post Your Own

#1) On January 20, 2012 at 1:56 PM, portefeuille (99.60) wrote:

chk999 is bullish

a defensive move, hehe.

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#2) On January 20, 2012 at 2:51 PM, SkepticalOx (99.43) wrote:

lol @ port

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#3) On January 20, 2012 at 3:50 PM, chk999 (99.97) wrote:

Thanks for shout out, dragonLZ. I hope we are both right.

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#4) On January 20, 2012 at 6:43 PM, SockMarket (42.34) wrote:

dragon,

how do you analyze stocks? is it a quant method? TA? FA? or some combination thereof?

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#5) On January 21, 2012 at 2:31 PM, HarryCarysGhost (99.70) wrote:

Glad to see your bullish on MCZ dragon.I still have a bunch of free shares (oh yeah houses money) from last yrs spike and added at .75.

Next few mnths should tell the tail.

Cheers. 

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#6) On January 23, 2012 at 11:09 AM, dragonLZ (99.46) wrote:

First of all, thank you all for your recs and comments.

Secondly, maybe I need to explain my bullish scenario:

I think the market will go up for another week, maybe two (max. three), then will start to go down. No matter how fast it goes down, I don't think it's going to break the Oct. 1, 2011, level. A month and a half - two monts later, it's going up again. Six-eight months from now, I think we'll be higher than where we are at now. DOW 13,500 or 14,000 is a real possibility in 2012 in my opinion.

SockMarket, I used to be 100% TA, just recently switched to 60% TA / 40% FA. All of the stocks I listed above, I think are pretty good FA plays, but I picked them based on my newest TA "research" (as good to enter NOW plays). We'll see how this new method works (looks promising after PETS' 14% jump today. I think DLB is next to jump).

HarryCarysGhost, As I said, MCZ is a penny play. I've got only 600 shares. Buy not investing a lot in penny stocks, I think I have a higher chance to let them ride for a while (instead of selling them too early). And if I lose it all, I don't lose much. I think this quarter is going to be OK (slightly up to flat), but the next one should be real good.

Once again, thank you all for stopping by, and good luck to all of you.

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#7) On February 10, 2012 at 12:07 PM, dragonLZ (99.46) wrote:

Even though my picks from this post are doing OK (in general), I'm very (unpleasantly) surprised about ASYS's 20% drop today. Didn't see it coming. It looks like there is a glitch in my newest stock picking "system", and need to figure it out.

MCZ was down 13-14% yesterday, but that was kind of expected.

On a positive note, NTWK is up 16% today.

(just leaving notes for myself). 

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#8) On February 10, 2012 at 12:16 PM, Momentum21 (95.21) wrote:

what's the deal on ASYS? Did you listen to the call? I am assuming that the guidance triggered this, eh?

I am checking it out... 

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