Thursday, August 23, 2007

NMX could make you double money!!!!

They could be in talks with NYSE, maybe the Chicago Mercantile Exchange, and they've made public there are discussions going on in case someone else wants to come in and start a bidding war."

The stock jumped after Chairman Richard Schaeffer said in a statement late Tuesday that the operator of the New York Mercantile Exchange, the world's largest energy market, has had preliminary discussions with a possible buyer. He also said any deal must offer a meaningful premium to company's current stock price.
BUY the sept or OCT 135 call and wait for $165...bid...

I GUESS ANON IN YESTERDAYS COMMENT SECTION LOST ...X just couldn’t clear my very strong short sell signal....jake gint...if he says im wrong then i reverse myself....
I short sold Brasil ..all brasil stocks...the dow sneezes and all the brasil stocks will get killed...plus many of the brasil stocks had the same short sell signal that X had yesterday..TS,UBB,
http://stockcharts.com/charts/candleglance.php?EWJ,GOL,EWZ,PBR,PCU,NIHD,RIo,sid,ubb,ggb|B|B14

I shorted FXI ..looks like failed double top...
zee

16 comments:

Anonymous said...

Z,

I did post in yesterday's comment admitting you were right and I was wrong.

What do you think about ICE?

jet said...

Z, I don't play options would you suggest buying NMX the stock?

zstock7.com said...

hey anon , dont give up because the next time X goes to test the 200 day, you may be right and X goes to 106....its just its awfully hard for a stock to go above the 200 day on the first attempt...after sinking below rsi 30...in fact id say impossible....ive never seen one exception over a six year period...

hey JET...buy NMX at 115 or 122, start nibbling...you may have to hold for a long time, or one day...that's just how takeover bids work, the good thing is the bid will keep NMX above 115 or 122 for a long time....
i think UNG nat gas found a possible bottom today....next hurricane is only ten days away....you don't want to miss UNG spiking to 44 again...
zee

Anonymous said...

Z,

I think you misunderstood. 106 was a good short entry breaking the double bottom.

Anonymous said...

Z,

What do you think about shorting SNP?

aka the anon on X

jet said...

I think TSL has bottomed or near it? maybe retest 38 if market tanks..., do you think market is even going to tank anymore, zee? Will try to pick up some NMX if it falls lower. What happened to Beanie?

zstock7.com said...

Well i came in way to early on those UNG sept35 calls...now i wish i had bought the sept 34 calls for $3.00...try to stay at the $3.00 level on UNG calls...for the best delta....UNG at rsi 33 .. i like that reading...
Jet , when jake sends me the new address for beannie, i’ll try to post it some how, so only the right people get it...
Anon, = fortune 8 ...your’e right ...i saw that breakdown at 106 on X, that’s pretty impressive...all the foreign oil starting to show short sell signals...especially BP and BPT...the best way to tell on SNP well it = FXI..so it looks like it’s time to short FXI, so SNP , CEO, might pullback...soon...but i’d wait for some market volatility first...
I think last week of August is going to be turbulent...i saw the vix sept 25 calls at 2.00 and vix resting on the 50 day.=20.5....might be a good signal for more volatility...otherwise VIX at 17 = next support...
APA sure looks like a BUY ....as soon as NAT GAS starts to rally again, i think APA will connect to it and rise too....
TSL looks like a buy at $40...and now SPWR and STP, and CSUN might be a great opportunity.....

zstock7.com said...

ICE is a must buy any time it's near 125....
zee

zstock7.com said...

UNG , next week pushes the future into the week of SEPT 27th.(weather)..so by sept 1 that pushes nat gas futures to OCT 1 weather.(cold) and this weekend might be hurricane forming off Africa coast).....so NAT GAS should at least start to rally by end of next week, and since i just realized this, that just sped things up..( I'm always the last to realize things), .we probably get the NAT GAS rally, starting on Monday...

Anonymous said...

nice to read some updates on UNG.. Doing a double down if it rallies on Monday

jet said...

Let me know if you know about beanie's new blog..., maybe u can post it here. Doubt many people come here anyway. I don't know how to play CSUN, seems kinda bad, but STP and TSL seems like great buy at low prices, SPWR too.

Anonymous said...

Hey, Zee,

I'n a long time reader of both your self and beannie.

Have only posted to you once. But could i get beanies new blog address as well ?

Thanks, by the way i got both ung and a couple nmx.

steve s

Anonymous said...

Zee,

I almost forgot i can give you my email if the new blog needs to be kept quite

steve s

zstock7.com said...

HI STEVE
I WAS AT BEANNIES TODAY...AND I GUESS HE COOLED DOWN...SO MAYBE HE'S NOT MOVING AFTER ALL...


I HAVE THESE SHORT SELLS ON MY WATCHLISTS
AIZ 54.2 = 200D, SHORT AT 54.2
ALL 57.6 = 50MA, SHORT AT 56.6 / 57.6
AMG 200 DAY = 115.00 ,,,ONCE A STOCK IS UNDER 200 DAY, IT'S AWFULLY HARD TO GO ABOVE IT THE FIRST TRY....
AZA 41.6= 200DAY , SHORT AT 41.6
CRS 119.0 = 200 DAY...SHORT AT 119.00....
I HAVEN’T POSTED ANY CHARTS, BUT I WILL WHEN I GET SOME FREE TIME...
ZEE
Csun AT $5 IS A STEAL
Ctsh LOOKS LIKE IT HOLDS AT $72
Tsl LOOKS LIKE A BUY AT 40 ISH...

zstock7.com said...

HEY JET I SAW YOU POST TSL 38 AT BEANNIES... I WAS THINKING ABOUT YOU OBSERVED , RIGHT WHEN I BOUGHT TSL AT 40.13...38.8 OR 39.8 WAS THE LAST TWO LOWS...I SURE HOPE TSL HOLDS AT ONE OR THE OTHER,,, THAT'LL BE NICE...
ZEE
FOMC MINUTES TUESDAY..SO 11:15 MARKET SHOULD START MOVING ONE WAY OR THE OTHER
AND BEN TALKS IN JACKSON HOLE ON FRI...AND PCE OUT ON FRI...SO FRIDAY MIGHT BE A DOWN DAY...AND FRIDAY MARKET CLOSES EARLY AND NEXT MONDAY MARKET IS CLOSED....

Anonymous said...

UNG & NMX are getting beaten up.. Now I'm just wishing that I get my capital back :(

EMAIL ME !!! anytime