Tuesday, July 10, 2007

Well I thought NEM makes it to its 200ma 43.1....but NEM can’t get there....

.so short this stock on any up days...cause it’s headed back down to 37 or 38...
NEM has eps 07/08 1.13/1.37 look at just 45 days ago...07/08 1.38/1.51....thats what I call an 18% downgrade....so I guess management just can’t get enough work done around the shop....

FPL hit bottom today....downside is 55.1 is the bottom...= $7 price channel match...and = rsi 30.1
Zee
So my FPL calls might go a little lower...before FPL blast past 20 day at $58...it has enough EPS to do that..and its charging $16.5 billion, next year for electricity...a billion more than this year...

Well if JAKE were here...Id tell him he was wrong about VMC... my target was 107 from three weeks ago and VMC is under 110 now...so bailing aug 110 calls and getting back in at 107....

GAS aug 40 call at 3.00 might be a good play.... gas is bound to take off above the 20 day and go back to where it used to be...this might be the day GAS starts...EPS estimate highest in it’s history...

OMG kissed it’s 200ma at 50.7 and is moving up AUG 50 call = 4.00...buy now....steel sector...EPS trend is up 150% in the last month... I don’t know what else you want.....I’m the only volume on the AUG 50 call....

OMG at 50.7 ish aug 45 7.50...downside goes below 200ma...(doubtful)
ABK aug 80 call 5.40 rsi 31 ... nice support...plus $6 under 50 day...
LEH aug 70 call...4.10/.... buy now....might test 71....but that’s about it..
SHLD cheap play aug 160 call 4.00...at SHLD 150 = price channel match...doubtful...i think SHLD rebounds tomorrow...
BSC cheap options play...aug 145 call 3.80 although BSC might test 137 or so again...
VMC aug 110 call 5.10 ... looks ok...but wait for $107 entry...MLM tipped it’s hand...same sector...MLM below 50 day...not a good sign for XLB stocks...and Tim Knight has a bad feeling about MLM...
USO... Commitments of Traders report last week. Net-long positions rose by 28,983 contracts, or 43 percent, from a week earlier. So no relief for the markets from crude oil for a while....
and UNG how about that up 4% in one day because of summer heat fears......just like I said three days ago....so play the $2 channel for the next three weeks....

Headwaters Incorporated, provides products, technologies, and services to the energy and construction materials industries HW has enough EPS power to make it back to 200ma = 27

2 comments:

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