tag:blogger.com,1999:blog-11789233.post1757422900589200188..comments2023-11-02T03:53:15.874-07:00Comments on The Slope of Hope.....with Tim Knight: Is 14K Up Next?Tim Knighthttp://www.blogger.com/profile/02142044637710306701noreply@blogger.comBlogger70125tag:blogger.com,1999:blog-11789233.post-38214441579732794792007-07-16T19:23:00.000-07:002007-07-16T19:23:00.000-07:00You can see I follow it closely.You can see I follow it closely.Winacehttps://www.blogger.com/profile/05575364847614817905noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-41242944867805117202007-07-16T16:58:00.000-07:002007-07-16T16:58:00.000-07:00The Large Specs are bearish, Win. Not the COT.You...The Large Specs are bearish, Win. Not the COT.<BR/><BR/>You've been spinning all right....JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-77089106503070616562007-07-16T16:34:00.000-07:002007-07-16T16:34:00.000-07:00I was using it for position sizing.I was using it for position sizing.Winacehttps://www.blogger.com/profile/05575364847614817905noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-9067719444477190892007-07-16T16:28:00.000-07:002007-07-16T16:28:00.000-07:00The COT is bearish??? I couldn't read it due to th...The COT is bearish??? I couldn't read it due to the smudges and the fact that it was spinning before it disappeared.Winacehttps://www.blogger.com/profile/05575364847614817905noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-89359288820983433732007-07-16T15:37:00.000-07:002007-07-16T15:37:00.000-07:00John.... wtf was that?Seeing Tim criticized in eve...John.... wtf was that?<BR/><BR/>Seeing Tim criticized in every vernacular extant you've decided to put together your own little Samuel Beckett tribute?<BR/><BR/><I>Waiting for Tim's Bull?</I>JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-64264591318948944502007-07-16T15:35:00.000-07:002007-07-16T15:35:00.000-07:00There's you, Timmah, and most of the Specs in the ...There's you, Timmah, and most of the Specs in the COT, Ace.JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-7998623680204687792007-07-16T15:18:00.000-07:002007-07-16T15:18:00.000-07:00Jeeze....... Is it not bad enough everyone blogs a...Jeeze....... Is it not bad enough everyone blogs about everything NOT pertaining to charting? Now were adding astrology and Mayan calenders??? Promiscious animal lovers next??? Give me a break. On the topic though, IWM, finally, a chart that acted predictably and normal. Not to go against the grain, but todays market action brought many bearish signs to light. Can anyone explain the market open till 4:15 Friday? It moved Alot of hidden volume to the sell side. I have the feeling that a smoke and mirrors act is in the taking. Does anyone kow anyone that is bearish??? A thought to be pondered.Winacehttps://www.blogger.com/profile/05575364847614817905noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-65423370556299195632007-07-16T15:05:00.000-07:002007-07-16T15:05:00.000-07:00tim:any opinions on this chart: (QQQQ)http://i16.t...tim:<BR/>any opinions on this chart: (QQQQ)<BR/>http://i16.tinypic.com/4qt20rs.pngAnonymoushttps://www.blogger.com/profile/00612380996050211239noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-47581223028917756162007-07-16T14:58:00.000-07:002007-07-16T14:58:00.000-07:00This comment has been removed by the author.matte351https://www.blogger.com/profile/05708332376970508979noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-60437957730448554582007-07-16T14:33:00.000-07:002007-07-16T14:33:00.000-07:00WFCI am down on financial stocks (with you on COF,...WFC<BR/>I am down on financial stocks (with you on COF, GS and LEH) and believe we may diverge against type and have a bull(ish) market without financials confirming. Indeed, I believe financials can melt down and it wouldn't have an effect on other sectors such as energy, pharma, services, industrial and ag. At least with the U.S., there are few truly capital intensive industries that desperately need capital. I've been itching for the chance to short Wells Fargo for years (they really f***ed me around when I had a mortgage through them in San Diego). This looks like a massive consolidation from August 2006 that will simply break down. Why? Their primary markets are getting shellacked: mortgage generation, mortgage servicing, big business lending. I think it breaks down and I'm looking for $29. Going for the short. The Aug 07 $35 puts and the Jan 08 $32.50 puts look interesting to me on a risk-reward. I know you go for vertiginous charts but getting 20%+ on a low volatility stock that's liquid as water over the next 6 months looks like pretty good to me. Unlike CROX, you won't get your dick ripped off. Want to short BAC too but not as technically ripe. That one should rally before it fades again.TThttps://www.blogger.com/profile/07085590709883946712noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-16361359553856713572007-07-16T12:25:00.000-07:002007-07-16T12:25:00.000-07:00Beanie and Plunger,When I was in High School in th...Beanie and Plunger,<BR/><BR/>When I was in High School in the 70's (yeah, I'm dating myself), Solar was only 5 to 10 years away from being cost competitive! Oh, that would have made solar the king before 1990...<BR/><BR/>Honestly, I have a plan to mount some panels on my home. Let the trading corp pay for them to power my computers and gizmos then the corp can deduct the investment and my power is essentially FREE (after tax and a much shorter cost recovery period because of the tax benefits!)AssetStrategistshttps://www.blogger.com/profile/01819129438685941822noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-73055350269494190812007-07-16T12:12:00.000-07:002007-07-16T12:12:00.000-07:00What none of you seem to understand about chart re...What none of you seem to understand about chart reading is that all of that fundamental stuff is in the chart right in front of your nose. How to make heads or tales of it is another story.Unknownhttps://www.blogger.com/profile/13453786485957807161noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-50045649016339189272007-07-16T11:18:00.000-07:002007-07-16T11:18:00.000-07:00beanie, Solar is a great "hype" sector to make so...beanie, Solar is a great "hype" sector to make some tremendous gains in , but as Gary said those companies are running on frenzy not real financials. Solar power costs @ 5x as much per KWH to produce as typical fossil fuel energy. The industry also states..<BR/><BR/>"<B>..enterprising engineers are working hard to get solar power’s costs down, and expect it to be price-competitive with fossil fuels within 20 years.</B><BR/><BR/>20 years beanie. I would venture that ovewr half the companies your pumping here will be non-existant in five years,[or on the pink sheets] much less the twenty it will take for the public to actually move to solar for cost purposes. Remember, most of America's "green" only goes as far as their wallet.JMhttps://www.blogger.com/profile/08199870641869177070noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-65888741044449092072007-07-16T11:00:00.000-07:002007-07-16T11:00:00.000-07:00JakeGint said... "Of course," he continued, "If th...JakeGint said... <BR/><BR/><EM>"Of course," he continued, "If this all proves to be a state subsidized fad along the lines of the American Dot Com Bubble, the Red Army will confiscate my company, and harvest my kidneys..." <BR/><BR/>3:20 PM "</EM><BR/><BR/> They'll take him up to "candy mountain".<BR/><BR/>Thats funny as shit Jake.JMhttps://www.blogger.com/profile/08199870641869177070noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-50124590068160988462007-07-16T10:30:00.000-07:002007-07-16T10:30:00.000-07:00Ruh roh.Be careful Icarus! Be careful!Ruh roh.<BR/><BR/>Be careful <A HREF="http://www.nytimes.com/2007/07/16/business/16solar.html?hp" REL="nofollow">Icarus! Be careful!</A>JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-72864170911133223502007-07-16T10:19:00.000-07:002007-07-16T10:19:00.000-07:00This is the kind of thing that drives me crazy abo...This is the kind of thing that drives me crazy about Beanie:<BR/><BR/>"The subprime scare is already factored in the market, considering the bears talk about it almost EVERY day. It's really not that bad. I hardly see any home sales or foreclosure signs in the Bay Area where i live. In fact, i saw more of those signs back in 2003 than i see them now. So the "subprime mess" is really an exercise of futility in the bears' minds. They can't seem to come up with much else."<BR/><BR/>PLEASE READ:<BR/><BR/><A HREF="http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/07/12/BUGP3QUSH41.DTL" REL="nofollow">Bay Area Forclosures TRIPLE last year's average</A><BR/><BR/>I would love to blindly follow your 12 bagger options trades, but honestly, it looks like you do absolutely no research, make up facts, and then either get lucky, or just lie... I really hope you're doing as well as you claim, and that the market doesn't take it all back, but I just don't see your rationale outside of picking a hot sector and hoping it doesn't implode on your leverage.nikohttps://www.blogger.com/profile/09126464856681478044noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-25354753046568739342007-07-16T09:44:00.000-07:002007-07-16T09:44:00.000-07:00Or maybe the Mayan who developed the calendar had ...Or maybe the Mayan who developed the calendar had too much to drink, passed out and lost the actual calendar....then had to rush to make a new one and thought he could end in the year 2012...?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-47334184202144357332007-07-16T09:15:00.000-07:002007-07-16T09:15:00.000-07:002012 the mayan calendar ends ......that's all .......2012 the mayan calendar ends ......that's all ....it does not say dooms day thereafter....that's the spin .......one wise one said 'the dark period' ends , 1000 years of light , no wars......but the dark side will not give up so easily as we are seeing now .....Unknownhttps://www.blogger.com/profile/06458512021274644836noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-17212138920135471132007-07-16T09:12:00.000-07:002007-07-16T09:12:00.000-07:00Are you saying the Decepticons are already among u...Are you saying the Decepticons are already among us?JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-8100478330018749512007-07-16T08:49:00.000-07:002007-07-16T08:49:00.000-07:003) 2012 is considered by many Astrological culture...<I>3) 2012 is considered by many Astrological cultures as a time of (worldly?) devastation. The Mayans, for one, didn't have automobiles or airplanes at their time but they got some wickedly accurate astrology. In 2012, the planets will probably line up in some angle relative to each other, causing wicked electromagnetic energy disruptions across the solar system. Hey, if the moon causes high and low tides in our oceans, i'm pretty sure planetary alignments will affect our puny 75% water selves.</I><BR/><BR/><BR/>When I read about the Mayan calendar several months ago I wondered how long it would be before I saw investment advice based on the fact that we are nearing the end of a 36,000 year galactic cycle. 4 more years of this bull before we enter a new cycle....a 36,000 year bear market lies ahead.Unknownhttps://www.blogger.com/profile/13824373738039976940noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-57791947259847163222007-07-16T08:10:00.000-07:002007-07-16T08:10:00.000-07:00Short term top today followed by 2 to 4 down days,...Short term top today followed by 2 to 4 down days, then blast off to new highs. Target 14000 14200. Time July 24 - 27. Sammy.sammythetrader & stocksbysammyhttps://www.blogger.com/profile/01042304875493858198noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-8157657211467406092007-07-15T22:58:00.000-07:002007-07-15T22:58:00.000-07:00Tim,Although i respect your charting abilities, i ...Tim,<BR/><BR/>Although i respect your charting abilities, i beg to differ on what charting should encompass. By considering other things like sector/industry momentum, share floats, company specific news, revenue/earnings, etc., you get a more meaningful analysis on where the stock is headed, how high, and more importantly, when. This is particularly important to short term options trading. It's what allowed me to be more confident in picking those July 45 calls on TSL at that particular time to maximize returns. A pure chartist may never have agreed with that options play when the stock price was at $43; Instead, he might only buy those calls when TSL was above $58 and he may buy the call options expiring Sept or longer.<BR/><BR/>My overall analysis on CSUN tells me that the stock will likely soon do a parabolic run and that the only thing that can stop it are (1) a severe market correction or (2) some jerkoff analyst downgrades the stock to SELL or (3) something nasty happening right now (but yet to surface) to the company that materially affects their financials. Otherwise i think a JASO-style run is comin.beanie11111https://www.blogger.com/profile/06849880637739382620noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-88773202295586686382007-07-15T21:08:00.000-07:002007-07-15T21:08:00.000-07:00Reading charts ain't just about advance/dec lines,...<EM>Reading charts ain't just about advance/dec lines, fib retracements, supports/resistances, MACD, Stoch, history, etc. It also encompasses other things like sector/industry momentum, share floats, company specific news, revenue/earnings.</EM><BR/><BR/>Blink. Revenue? Earnings? News?<BR/><BR/>That's like saying how important the bar mitzvahs ceremony is to the Christian faith. Reading charts is about charts. Period.Tim Knighthttps://www.blogger.com/profile/02142044637710306701noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-30631226039460797602007-07-15T20:38:00.000-07:002007-07-15T20:38:00.000-07:00Beanz, ya know I'm just having you on.But be caref...Beanz, ya know I'm just having you on.<BR/><BR/>But be careful with those high flying solars, and while you're contemplating those astrological market factors, keep in mind <A HREF="http://thanasis.com/icarus.htm" REL="nofollow">the story of Daedelus and his kid.</A>JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-16482542861584209762007-07-15T17:08:00.000-07:002007-07-15T17:08:00.000-07:00Their earnings yield and return on capital are ver...Their earnings yield and return on capital are very poor. I don't buy these kind of companies. Granted the stock price may appreciate. I just don't take chances on poor companies. There are plenty of great companies to choose from that are making lots of money and are selling cheap. I'll leave the solar plays to someone else.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.com