Friday, July 27, 2007

XLI 0.38 FIB = 38.2 JCI DE IWM

THESE ARE ALL GOING TO TAKE OFF ON
AUG 1ST...
because the ISM report is coming in at 56.0+++ that is such a blowout number, it cannot be ignored...
AUG 2 TRUCK SALES, BLOW OUT NUMBERS, FRI
AUG 3, FRI EMPLOYMENT 132K, ANOTHER BLOW OUT NUMBER....
THEN NEXT MONDAY MERGER MONDAY...
LOOK FOR FOUR UP DAYS IN A ROW,
STARTING AUG 1...WED...
TOMORROW IF ANY OF THESE DIP YOU MUST BUY THEM GOING INTO AUG 1,

ETR,FDX,MLM,CRS,OSG,RTI,SI,VLO,MHK,UTH,WHR,CLF,ESI,

I KNOW I WILL BE BUYING THEM...AND I WAS TOO CONSERVATIVE ON JCI AND DE, THEY ALREADY TOOK OFF, SO I SEE A DIP ON THE 31ST AND IM IN...
ZEE..OH AND I ALMOST FORGOT, XBD STOCKS, GS,BSC,JPM,MS,LM,LEH,ETC..

Gio vlmc looks good
Here are some more 30/50 on the watchlist
Lately they have been breaking down, but in an up market they work great...

http://stockcharts.com/charts/candleglance.php?eca,esi,esrx,esv,ewz,fro,gme,ilf,leap,maBB14

http://stockcharts.com/charts/candleglance.php?mfe,mms,mt,nov,oih,nvt,osg,ph,pnr,rateBB14

roger you have to see Tim knights chart russel 2000 = IWM BEST CASE, IWM makes it back up to 200 day and then heads to lower lows...you know Bangolor tech stocks are already in a BEAR MARKET..( until US dollar gets stronger) ....I'd say the US TECH stocks are getting pretty flat....

http://www.slopeofhope.com/



YOU MUST BUY DE BEFORE AUG 1ST...EPS IS ON FIRE

YOU MUST BUY JCI AND DE BEFORE AUG 1ST RALLY
BSC AND GS are finished as market leaders...go read their EPS TREND, if you don't beleive me....XLI is the new sherrif NOW...XLI IS ON FIRE...ON FIRE....I HAVE 80 XLI STOCKS, THAT I FOLLOW....HERES 27
http://stockcharts.com/charts/candleglance.php?NCS,TXI,WCC,SPY,DOW,EMN,DD,WIRE,ROCK,PDBB14

http://stockcharts.com/charts/candleglance.php?LMT,NOC,GD,RTN,LLL,SRX,UIC,CRDN,DRIV,$DFXBB14

http://stockcharts.com/charts/candleglance.php?PCAR,WHR,ALV,OSK,DCX,TM,HMC,jciBB14


ESI OLD CHART, I SAILED THIS ONE DOWN AND NOW TIME TO SAIL ESI BACK UP AUG 105 CALL might sell at $1000 aug 100 call posiible to sell at $1500 to $2000, this is an old chart, but it is still relevant, imagine that, power of price channel matching and 07/08 eps trends...


IWM BOTTOM

MARKET BOTTOM AND XLI AT 38.2 HAPPEN AT THE SAME TIME, BELEIVE IT...


I missed NUE entry price, so im buying again when i see ATI at 100... no one told me steel prices have fallen 35% since april...i found out today...Does anyone know where i can trade MCX steel futures? MUMBAI, India -- Multi Commodity Exchange Ltd. (MCX) has launched India's first steel futures contracts...

PCAR 0.38 FIB = 77.5, I SEE THAT AND I'M BUYING aug 75 CALLS....

A few weeks ago gosu kept buying the QQQQ everytime it dipped below a certain price, well it looks like SPY , everytime it gets to 146 i should buy it...
MSTR i dont know what to tell you...cept BUY NOW

MSTR gaps up to $80 on MONday, i think...the earnings were slightly less than jn06 so 75 should hold, its at 73.5 / 74.5
Buying MSTR aug 70 call, 6.00/6.70 MSTR one year support at 76 MSTR at 75.6 ,
plus rsi 9 breaks the record for lowest rsi of the year...
i expect a 3 to 10% bounce from this price, MONDAY thru FRI..
eps 07/08, 4.97/6.17, its that 33% growth in earnings that keep MSTR down long...eps trend lowere 16%, and now the stock is down 43% from its last high..so 75 seems really overbought..
zee

7 comments:

  1. great call on ICE..

    quick question.

    at what level do you think the mkt or spy will put its ultimate low or the bottom? and what kind of time frame are you lookin at? the one from february was very quick..and bottomed in 3 weeks. thanks

    Roger

    ReplyDelete
  2. zee,

    the market bottom you mentioned on XLI and IWM which is very close to fridays close....

    now a question for you if you don't mind.

    great call on the mkt so far. but intially you mentioned that s&p would correct 10-15% so far it has dropped 6.4%

    so are you changing your correction target? or are you just expecting a short term bottom and then another downward move?

    Roger

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  3. I got a 30/50 for you... i think. Check VLCM now. Getting ready for a bounce.

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  4. Pretty dam hard to catch a falling knife on VLCM.

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  5. Anon...

    are you an old fart? Every skater wears VLCM. LOL... just kiddin.

    You're right, the chart looks ugly, however...

    if you read the C.C., you'd notice revs grew 25% and they missed due to higher costs... don't forget, they are building their infrastructure in EuRoPe.

    VLCM was up almost 300% in a year, this sell-off was bound to happen.

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  6. Gio,

    I fart, not sure about old.

    Expected a rally yesterday, but instead it did a nose dive.

    Thanks for the clarification.

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  7. VLCM won't find support until the rest of the market will. Until we get confidence back into this market, it will be tough to see rallies on these falling stocks..

    Today, VLCM kissed its 200 MA. If Zee is right, and we get a rally tomorrow, VLCM will spike up.

    Hey Zee... I hope you're right about tomorrow! I covered most of my shorts today, and I sold the last of my AAPL puts. Now's a good time to check out Tim Knight's site... he was dead on in this short term resistance and support points.

    -gee

    ReplyDelete

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