tag:blogger.com,1999:blog-11789233.post7123625594324601970..comments2023-11-02T03:53:15.874-07:00Comments on The Slope of Hope.....with Tim Knight: Son of a (Triple) Witch......Tim Knighthttp://www.blogger.com/profile/02142044637710306701noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-11789233.post-68645739579231107382007-06-18T15:01:00.001-07:002007-06-18T15:01:00.001-07:00My goal is 1% per week appreciation, with a 50% to...My goal is 1% per week appreciation, with a 50% total value appreciation, annually."<BR/><BR/>If you do this for 10 years you will have 57.6x your investment. Have fun dreaming Jon.matte351https://www.blogger.com/profile/05708332376970508979noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-71108080745194750312007-06-18T15:01:00.000-07:002007-06-18T15:01:00.000-07:00Jon,Boy I wish I could make 1% a week. No one in h...Jon,<BR/>Boy I wish I could make 1% a week. No one in history that I know of has ever done it on a consistent basis. Just be careful your position size isn't too large. I really have no idea whether the market will put in a double top or not. Although with the COT report being as bullish as it is I'd say the odds favor that we go higher, maybe much higher. The combined COT reading from all the futures are simmilar to 94 levels and we all know what happened after that. Yikes, might not be a good time to be short.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-4987854713564119362007-06-18T13:00:00.000-07:002007-06-18T13:00:00.000-07:00COTSTIMER has some good ideas about COT.<A HREF="http://cotstimer.blogspot.com" REL="nofollow"><BR/>COTSTIMER</A> has some good ideas about COT.Controlled Traderhttps://www.blogger.com/profile/07968133609765271053noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-61415654908531054792007-06-18T12:12:00.000-07:002007-06-18T12:12:00.000-07:00Gary:I very much appreciate the community that has...Gary:<BR/><BR/>I very much appreciate the community that has gathered here. Deeply appreciate your contra view, Gary, of the markets and the chemistry it has created at this site.<BR/>Primarily a follower and trader of the RUT and NDX, I enjoy your charting and comments. <BR/>I looked at the volume and price last Friday on the RUT and concluded we "could" have seen a double top. Of course, we'll know better in another 10 days of trading.....Sat back today, not trading and watched the action. I often step aside and watch what happens, instead of being in play every day. I take notes on the day's trading and have learned much from this exercise. <BR/>I trade my IRA using the UltraPro funds and play the ups and the downs. My goal is 1% per week appreciation, with a 50% total value appreciation, annually. Currently ahead of plan. I look for the best trade possible and take what the market offers. Worst single daily loss, $1200, best daily gain $900. This is a lot like baseball, playing "little ball", hits and scoring runs wins games.<BR/>I trade to increase my pocket, obviously, but I equally enjoy the news spin, pundit spin, Fed Reserve<BR/>spin, the prognosticators spin and how often it all has little or nothing to do with the markets. There is a great need to filter the "noise". Comments?<BR/><BR/>JonAuggiehttps://www.blogger.com/profile/08891551288307318369noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-49820693913670118672007-06-18T12:10:00.000-07:002007-06-18T12:10:00.000-07:00AAPL RIMM GOOG on fire.AAPL RIMM GOOG on fire.matte351https://www.blogger.com/profile/05708332376970508979noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-58174343301748303292007-06-18T12:09:00.000-07:002007-06-18T12:09:00.000-07:00You old bears need to get hip and start buying wit...You old bears need to get hip and start buying with us young traders. No need to fight the primary trend, which is up. Another day, another dollar. More green is coming through on my screen this afternoon as expected. Good luck anyhow.matte351https://www.blogger.com/profile/05708332376970508979noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-17929426289744094202007-06-18T11:23:00.000-07:002007-06-18T11:23:00.000-07:0075% of professional money mangers can't be the S&P...75% of professional money mangers can't be the S&P500 let alone avoiding drawdown years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11789233.post-44423129936494434552007-06-18T10:57:00.000-07:002007-06-18T10:57:00.000-07:00Gotcha, I personally rarely bother to trade indivi...Gotcha, I personally rarely bother to trade individual stocks. History has shown that very few investors can beat the averages by trying to pick stocks. I'm under no inllusion that I'm special in that regard.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-5570899693799822312007-06-18T10:09:00.000-07:002007-06-18T10:09:00.000-07:00garyMistake in my wording - I know COT is fridays ...gary<BR/>Mistake in my wording - I know COT is fridays only, what i meant to say is....I would rather read your daily posts revolving around various COT comments, than read the daily multi posts by beanie plugging solar this and solar that! Your indicies indicator is of far more interest to me than any specific shares because i only specumate on the good 'ole DJA !! Even if you daily keep reassuring that the staus quo remains, that is better than plugging away on solar power!!downosedivehttps://www.blogger.com/profile/10330098599116167405noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-40636682274966625422007-06-18T06:14:00.000-07:002007-06-18T06:14:00.000-07:00Dive,Unfortunately the COT only comes out weekly. ...Dive,<BR/>Unfortunately the COT only comes out weekly. The best I can do is weekly updates. But that's good enough for me since I don't try to catch every little wiggle on the charts. I'm just interested in the big picture.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-62484464960366689922007-06-18T05:47:00.000-07:002007-06-18T05:47:00.000-07:00jakegintWell actually Im inclined to agree with th...jakegint<BR/>Well actually Im inclined to agree with the sound centre - beanie's despate attempts to plug solar this and solar that, blah blah are laughable. The shares are doing well at present (at least the 2 I looked at are) and maybe they will continue that way, but seeing how many weeks theve been plugged for, anyone here who hasnt bought yet, isnt going to now. At least not as a result of the daily postings. Im more interested in daily COT updates from gary to be honest. That is broader in appeal and heck, he just might have a pretty damn good market indicator that could benefit us all, whether we are a bear or a bulldownosedivehttps://www.blogger.com/profile/10330098599116167405noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-9935585553125897722007-06-18T01:46:00.000-07:002007-06-18T01:46:00.000-07:00So many stock bottoms so little time. AKAM, SBUX,...So many stock bottoms so little time. <BR/><BR/>AKAM, SBUX, WFMI, BRCM, MOT, and the whole shebang, all bottomed 2 thursdays ago.<BR/><BR/>They're trying to take down SBUX and WFMI, hopelessly. They have bottomed.<BR/><BR/>Thanks for reading this: http://beanie11111.blogspot.com/2007/06/case-for-huge-snapback-rally.html<BR/><BR/>Glad you were brave enough to scoop up some cheap shares.<BR/><BR/>oh man, AMGN looks hot!<BR/><BR/>AKAM blew away all the shorts to eternity. MOT, BRCM, DIS, DNA, all bounced like a pogo stick.<BR/><BR/>Solar stocks all bottomed intermediate term and ready for upside action. Do you believe they will be bigger than the internets of the late 1990's? Well, do ya, punk? lol<BR/><BR/>I am not super TA guy, but i tell ya this - new 52 week highs on the indexes in a bull market MEANS WE GO HIGHER!!!! Sorry Tim, i like you man but you ain't makin no sense with this permabear mentality at this point of the game. You win perhaps after 2011 but you will lose before that.beanie11111https://www.blogger.com/profile/06849880637739382620noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-14565190590153294702007-06-17T17:14:00.000-07:002007-06-17T17:14:00.000-07:00The Sound Center Bleats:beanie, you internets reta...The Sound Center Bleats:<BR/><BR/><I>beanie, you internet<B>s</B> retard, please remove the ! key from your keyboard. Just do something useful for a change</I><BR/><BR/>British Tool: Better you should remove yourself from any American boards you might visit, rather than attempt foolish criticism of those who are clearly your superiors. Better to stay at home and stave off Islamostanis menace than to muck about here in matter beyond your understanding.JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-8189553785754329152007-06-17T15:42:00.000-07:002007-06-17T15:42:00.000-07:00beanie, you internets retard, please remove the ! ...beanie, you internets retard, please remove the ! key from your keyboard. Just do something useful for a change.Bryan Matthewshttps://www.blogger.com/profile/13732626725827550632noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-72975377095937979962007-06-17T15:15:00.000-07:002007-06-17T15:15:00.000-07:0050.95 I would set an a short entry for AET, That's...50.95 I would set an a short entry for AET, That's if it happens within the next week. Without a pullback to that point shorting it could cost you. Target would be 47.00 till the beginning of August, 48.00 until the beginning of September. Weigh you time/return, make you choice, and pull the trigger! Set a tight stop if you get in at 50.95. (51.58 would be my recommendation, but take that for what you will, I'm just a pee-on!)Winacehttps://www.blogger.com/profile/05575364847614817905noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-60662626734909166562007-06-17T15:09:00.000-07:002007-06-17T15:09:00.000-07:00RAIL ( they make trains, they are not like UNP.)sh...RAIL ( they make trains, they are not like UNP.)short at 52 = 200 day ...or short at 56 = average price channel and EPS trend is lower since Feb high of $60 ish..so $60 is out...<BR/>z-stock<BR/>I see BHI at 92 or 94, shorting at that price becomes interesting...because that indicates an OIH top and probably SPY top....zstock7.comhttps://www.blogger.com/profile/09338581248141865147noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-88135298200429155682007-06-16T23:05:00.000-07:002007-06-16T23:05:00.000-07:00AET seems to be showing some weakness....maybe wai...AET seems to be showing some weakness....maybe wait for a small rally and short it with a target of 47.50. thoughts?b.healedhttps://www.blogger.com/profile/02260459749154948981noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-90055148980868792042007-06-16T22:43:00.000-07:002007-06-16T22:43:00.000-07:00Are you guys sure you're chart technicians? Or ar...Are you guys sure you're chart technicians? Or are you just hopesters?<BR/><BR/>What is one of the cardinal rules of TA? If a stock (or index) mints new 52 week highs in a bull market, the correct move is to BUY BUY BUY, not short!!!! The indexes are at new 52 week highs!!!!!!!!!!!!!!!!!!!!!!!beanie11111https://www.blogger.com/profile/06849880637739382620noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-69833623400509531892007-06-16T20:37:00.000-07:002007-06-16T20:37:00.000-07:00Most of the time my losses come when I'm fighting ...<I>Most of the time my losses come when I'm fighting what i SEE because I THINK something else. </I><BR/><BR/><B>Much wisdom, the young Plunger speaks...</B>JakeGinthttps://www.blogger.com/profile/10979786800235676920noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-28757634505527845432007-06-16T20:25:00.000-07:002007-06-16T20:25:00.000-07:00Plunger,You just made my point. LOL You said TA wo...Plunger,<BR/>You just made my point. LOL You said TA works WITH general trend and fundamentals. That was my point that TA alone does not show a positive expectancy.<BR/><BR/>Dennis,<BR/>Here's the address of my blog http://garyscommonsense.blogspot.com/<BR/><BR/>Tim,<BR/>You are correct. I guess we're even. We'll just have to agree to disagree for now. When I get the sell signal we'll just have to see who can outdo the other for bearishness. LOLGaryhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-15663296478669699302007-06-16T19:38:00.000-07:002007-06-16T19:38:00.000-07:00Student ...there are 13,150 investment advisory se...Student ...there are 13,150 investment advisory services and blogs ...do you think you found something new ??? Historical precedences are one of the most tracked data on Wall Street ...Maybe you should expand your horizon a bit and READ !!!!<BR/><BR/>Tom<BR/><BR/>TTTTOMTHETRADERhttps://www.blogger.com/profile/15362532176352685922noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-23571387391774545662007-06-16T19:35:00.000-07:002007-06-16T19:35:00.000-07:00All my data information comes from historical refe...All my data information comes from historical references throughout market history ..I tell all my members and in comments everywhere exactly what I think about the market ...if I were to quote every GURU out there ...people would be reading the same crap all the time ..I have my own proprietary trading dats and market timing signals and use Traders Almanac and Birini Associates Don Hayes Barron's New york Times and another million sources ...especially Marty Zweig . whom I admire as a trader and quote from his book to my members ...If you don'y learn from history you are dooomed to repeat it ...Right ???<BR/><BR/>TTT<BR/><BR/>TomTOMTHETRADERhttps://www.blogger.com/profile/15362532176352685922noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-71544617534632130402007-06-16T19:08:00.000-07:002007-06-16T19:08:00.000-07:00watch list can be assembled around any criteria yo...watch list can be assembled around any criteria you choose. Purpose is to become familiar with a group of stocks technical picture, ( trend, battle zones,patterns, angle of slope of hope.....etc.etc. ). These are your primary source for trading ideas. Some possible sources for watch lists, IBD 100, Nasdaq 100 , S&P500, .......... Allways plan your trades- entry, sell stop, buy stopVichttps://www.blogger.com/profile/09659987262645548805noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-46559561023997956732007-06-16T18:19:00.000-07:002007-06-16T18:19:00.000-07:00i have a question about putting together a watchli...i have a question about putting together a watchlist. this is for anyone. what do people do in order to decide if a stock should go on a watchlist? do you just randomly pick 20-50 stocks or do you put it through a filter. do you only have stocks that are in a trend? when do you take the stock off of the watchlist? how many stocks do you have in a watchlist?<BR/><BR/>this isn't something that i find discussed very often with people i am around so i would just like to know people's thoughts and ideas.b.healedhttps://www.blogger.com/profile/02260459749154948981noreply@blogger.comtag:blogger.com,1999:blog-11789233.post-80934861393607305412007-06-16T18:12:00.001-07:002007-06-16T18:12:00.001-07:00COH a head and shoulders?COH a head and shoulders?b.healedhttps://www.blogger.com/profile/02260459749154948981noreply@blogger.com