tag:blogger.com,1999:blog-11789233.post115463754467319381..comments2023-11-02T03:53:15.874-07:00Comments on The Slope of Hope.....with Tim Knight: What the Health?Tim Knighthttp://www.blogger.com/profile/02142044637710306701noreply@blogger.comBlogger85125tag:blogger.com,1999:blog-11789233.post-1154735330589287952006-08-04T16:48:00.000-07:002006-08-04T16:48:00.000-07:00Don't play against the main trend of the market.it...Don't play against the main trend of the market.<BR/>it's idiot to short AAPL. Because Q2 is the slowest season for a "Gift" provider.<BR/>But this company did very well unexpectedly. I think it's because they push their retail stores open in NY \ Europe and so on.<BR/>Please take a look at the Q2 Earning report of AAPL and GooG, if the growing rate keep going, A $400 Goog would be equal to A $80 AAPL according to the Earning.<BR/>That is why AAPL keep move up and Goog move down after the Q2 report announcement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154720221891585922006-08-04T12:37:00.000-07:002006-08-04T12:37:00.000-07:00wow, it is so easy to trade these days. I guess we...wow, it is so easy to trade these days. I guess we are going to close positive today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154719627819700422006-08-04T12:27:00.000-07:002006-08-04T12:27:00.000-07:00sanjay, are you hanging on to your AAPL short?sanjay, are you hanging on to your AAPL short?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154719599492755382006-08-04T12:26:00.000-07:002006-08-04T12:26:00.000-07:00Im noticing that volume on the Dow is low and may ...Im noticing that volume on the Dow is low and may come in at about yesterdays total. coupled with this opening gap and selloff throughout the day, this doesnt bode well for any rally. if it was strong volume, then i would see that there is demand and it was met with professional selling which can lead to higher prices if any down move came on low volume. However this low volume is showing no demand from the professionals and concerns me more since it jives with this low volume rally we have seen the last 2 weeks. No demand is showing that they are done selling, and are rather shorting into this rally, expecting lower prices and a retest to the previous lowsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154719190105233352006-08-04T12:19:00.000-07:002006-08-04T12:19:00.000-07:00"Heat May Inflate Dairy, Produce Prices"add that t..."Heat May Inflate Dairy, Produce Prices"<BR/><BR/>add that to the inflation bagAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154719003170710982006-08-04T12:16:00.000-07:002006-08-04T12:16:00.000-07:00"Stocks Mixed Despite Employment News"Nasdaq down ..."Stocks Mixed Despite Employment News"<BR/><BR/>Nasdaq down over a percent and dow down a half and they say mixed. <BR/><BR/>lol they had this up all day,i guess when they cant say something good to spin the news they dont say anyhing at all, i wouldve opted fo "investor profit taking sends averages lower" or something like thatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154717643961195062006-08-04T11:54:00.000-07:002006-08-04T11:54:00.000-07:00Time for the last hour rally, and indices closing ...Time for the last hour rally, and indices closing positive for the day?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154713574551932142006-08-04T10:46:00.000-07:002006-08-04T10:46:00.000-07:00Sanjay - good call on the reversal.Sanjay - good call on the reversal.Vishhttps://www.blogger.com/profile/00779859380174595002noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154712752804072552006-08-04T10:32:00.000-07:002006-08-04T10:32:00.000-07:00Thanks, Tim! If this rally doesn't end soon, I'm g...Thanks, Tim! If this rally doesn't end soon, I'm gonna need it! =DM Hoffmanhttps://www.blogger.com/profile/05588067990486823864noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154712585152184762006-08-04T10:29:00.000-07:002006-08-04T10:29:00.000-07:00I think the market will get a mini rally if the fe...I think the market will get a mini rally if the fed does pause however it will be short lived, will be a great time to go short. Im trading both QLD and QID..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154711521050881182006-08-04T10:12:00.000-07:002006-08-04T10:12:00.000-07:00AAPL is still above last night's AH low of 65 :-(c...AAPL is still above last night's AH low of 65 :-(<BR/><BR/>costas, your last night predictions are coming true.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154711084761773362006-08-04T10:04:00.000-07:002006-08-04T10:04:00.000-07:00I wouldn't be a bit surprised if this morning was ...I wouldn't be a bit surprised if this morning was the high for this move up. <BR/><BR/>I'm looking at the charts of my shorts and the majority are showing candles with big wicks on top. (examples: FDX, DRI, WCI, RUT, even the DJIA) This is frequently the sign of a short/intermediate top. Initial excitement couldn't hold..and it's down from here. Not only that, many of them stopped right at significant resistance, or a 50 day average line, top Bollinger Band or some other point where, if they are in a downtrend, they should stop.<BR/><BR/>I've been buying some more puts on some of the home builders. They've had a healthly pop in the last few days, relieving some of the oversold condition. Nothing has changed to make things brighter for their prospects, IMO. WCI reports next week and their high rise condo biz is a mess, with sales down around 80% over last year.<BR/><BR/>You can almost hear the collective market thinking...ummm...well maybe bad news IS bad news. lolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154710989476361692006-08-04T10:03:00.001-07:002006-08-04T10:03:00.001-07:00how do you trade the transwhat symbolhow do you trade the trans<BR/>what symbolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154710806464419442006-08-04T10:00:00.000-07:002006-08-04T10:00:00.000-07:00Look at Apple.It has fallen from the tree. I gues...Look at Apple.<BR/><BR/>It has fallen from the tree. I guess things aren't so sweet over in the silicon valley.Chrishttps://www.blogger.com/profile/08936912322141641768noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154710146564353892006-08-04T09:49:00.000-07:002006-08-04T09:49:00.000-07:00I hope the market goes up next week. It will be a ...I hope the market goes up next week. It will be a good chance to load up on QID, DXD, SDS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154710065196340782006-08-04T09:47:00.001-07:002006-08-04T09:47:00.001-07:00Big divergence in the dow and nasdaq, can someone ...Big divergence in the dow and nasdaq, can someone say defensive! Big money knows, and the nasdaq is being supported by the dow right now. still more shenanigans to come,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154709807028956922006-08-04T09:43:00.000-07:002006-08-04T09:43:00.000-07:00Congratulations, MARHATTAN - you've post the first...Congratulations, MARHATTAN - you've post the first ever 100th comment on this blog :-) A case of champagne is on its way.Tim Knighthttps://www.blogger.com/profile/02142044637710306701noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154709527678452082006-08-04T09:38:00.000-07:002006-08-04T09:38:00.000-07:00I hope you're right, anonymous 9:08I hope you're right, anonymous 9:08M Hoffmanhttps://www.blogger.com/profile/05588067990486823864noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154709445092541922006-08-04T09:37:00.000-07:002006-08-04T09:37:00.000-07:00the news today should have been a catalyst for any...the news today should have been a catalyst for any strong breakout this is what people were expecting, volume at midday coming in at about 50% of yesterday on the Dow, and yesterdays volume stunkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154709401452889272006-08-04T09:36:00.000-07:002006-08-04T09:36:00.000-07:00gap closed ... let's see if we get more buying in ...gap closed ... let's see if we get more buying in the afternoonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154708561551055852006-08-04T09:22:00.000-07:002006-08-04T09:22:00.000-07:00LOL Nasdaq and Spiders are red, doesnt feel like a...LOL Nasdaq and Spiders are red, doesnt feel like a breakout for a new bull rally. the casino is live and wellAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154707691231653232006-08-04T09:08:00.001-07:002006-08-04T09:08:00.001-07:00If everyone knows that the fed is pausing...... th...If everyone knows that the fed is pausing...... this bodes well for the bears..... its priced in.<BR/><BR/>The risk are to the downside. CNBC just said that someone said they were definiately pausing..... I think perhaps this was the fed is done rally......<BR/><BR/>Tuesday is sell the news....load em up......Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154707499744769012006-08-04T09:04:00.001-07:002006-08-04T09:04:00.001-07:00I hope people come to their senses today, and take...I hope people come to their senses today, and take note of the news out there.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154707449701700012006-08-04T09:04:00.000-07:002006-08-04T09:04:00.000-07:00This is interesting: From Yahoo! Finance: Nine ou...This is interesting: From Yahoo! Finance: Nine out of 10 economic sectors continue to post gains, led by the most influential of them all -- Financials (+1.1%)... The latter has turned positive on the year amid follow-through buying in retail (+1.6%) and homebuilding (+1.3%) as well as a rebound in autos (+2.2%).<BR/><BR/>These sectors are heavily influenced by interest rates, if these stocks are running up now, it definitely feels like a sucker play. People have been playing these stocks and getting hammered, this could be a way to get them to 'bargain hunt' before slamming back down and taking their money... <BR/><BR/>Then again, maybe I'm just building a case to support my point of view... =)M Hoffmanhttps://www.blogger.com/profile/05588067990486823864noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-1154707424856230292006-08-04T09:03:00.001-07:002006-08-04T09:03:00.001-07:00Costas, even i felt the same about HAL. Another on...Costas, even i felt the same about HAL. Another one i added today is CP. bounced off falling trend line and 50DMA, weakness from open. looks like a H&S formation in preparation as well.Anonymousnoreply@blogger.com