COT is NUETRAL = BUY STOCKS ON THE DIPS

I don't get it...USO is USA and $wtic is Global..but USO sure doesn't follow $WTIC...
BUT ISN'T THAT GREAT, CAUSE I KNOW EXACTLY WHERE TO SHORT USO
If you can't see on the chart where OIL tops out, then I just don't know what i'm going to do about you...
zee
USO play the USO NOV 74 or if they add NOV 76 /78 PUTS...play those,,, play the highest put they will / open up / give you
or play the highest dec put they will give you when USO reaches 74 / 74.6

AND DO YOU know what a downtrending crude oil price does to XLE...It tops out XLE....so XLE is very very close to a Q3 top




OCT 28 2007

IF you want to know how to trade SMH and XHB go here and look at these charts

http://www.traderbean.blogspot.com/

I got a feeling XLE, PXE is range bound...i noticed SMH, went into a long peiod between sept and april, where it had spent most of it’s political capital. (i.E. eps trend)
And XLE / PXE looks to be entering into the same bit...difference is eventually XLE is going to add in 15% gain in crude oil prices past month, but probably does that Q4, so won’t show up till late dec/JAN 08, SO PROBABLY pxe / xle DOES NOT BREAK OUT Significantly, like logic says it should
zee



OCT 27 , 2007
I just had no intention of looking at the PXE chart, because i clicked on PXE tonight, and the chart shows one of two things
PXE backs down to 23 and then goes to 30, cause high crude oil and interest rate cuts are here to stay.. In fact crude is up about 20% so if add 20% to 25 last PXE high then i get 29/30
Or PXE is finished at 25 and XLE is about to tank back down to 20
IF XLE tanks then Market tanks
Jeeze louise, i better keep my eye on the QQQQ as fortune 8 said to do and if it breaks out above 54.3 and higher then look for PXE to go to 29/30
Otherwise we are at some weird kind of market top for XLE, and if XLE goes down, then SPY goes down

10-26
COT report is NUETRAL to slightly bullish...so no new LOWS
gary LOOKS AT THE cot REPORT COMPLETELY DIFFERENT THAN ME

AND HE HAS a number of years doing this, and today at one of the blogs he visits (TK)

he said this week looks long on the COT...and with so much happening this week, i wouldn't doubt if somehow DIA managed to climb back to 14,100

which means QQQQ will break thru 54.3 with ease...KEEP YOUR EYE ON THE QQQQ, for a break out to new highs...

i'm slightly bullish myself

CBOT short format, using options and futures combined on all

Long us treasury
Short 2/5/10 yr
GOLD short 3 to 1 = nuetral..
DJIA = 50/50 , SO QQQQ top remains 54

CME short format, options and futures combined
CANADA $ = short 4 to 1= short canada stocks = wrong, cause canada stocks went up for the week, and last week had these exact same readings

S&P 500 stocks...slightly bullish = 51/49
NASDAQ 100 = slightly bullish 55/45
IWM russel 2k = slightly bullish 55/45
Nikkei = long

S&P GSCI = GSG = 75% oil slightly bearish 45/55 .. doesn't make sense, cause the pits say $100 oil is coming

CBOE short format , futures and options combined

VIX = nuetral = 50/50 = no significant changes, in market direction

KCBT
N/A

MGE
N/A

CEI
Silver = short 2 to 1, however, non commercial , bullish 4 to 1
Copper = 50/50
Gold = 3 to 1 short , however, non commercial, bullish 15 to 1 = volatility, probably to the upside

ICE short format
USD LONG 5 TO 1 = DIA UP slightly to nuetral, non commercial = bearish 4 to 1 = NO SIGNIFICANT CHANGES

NYME
Heating oil = short, non commercial = long
NAT GAS = slightly bullish, no significant changes
HENRY HUB = short slightly = no changes
CENTRAL APPALACHIAN COAL = nuetral = no significant changes

CRUDE OIL, LIGHT SWEET = slightly bearish = no significant changes
GASOLINE BLENDSTOCK (RBOB) = slightly bearish , non commercial 5 to 1 bullish, so no significant changes gasoline

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GO HERE TO SEE A NICE WEEKLY CHART ON MEE
NICE site

http://www.traderbean.blogspot.com/

looks real good

YOU'LL SEE ON tb'S CHART THAT mee ALWAYS FAILS AT THE 200 DAY WEEKLY
i thought it just failed the last three times on my chart, but on TB's chart it has failed every time

MEE OPTION LESSON

NEVER buy an option once it's under $1.00
RULE NUMBER ONE
NEVER EVER BUY AN OPTION UNDER $1.00
as soon as option went to 0.90 you should have sold it...and got rid of it

next time switch time frame
...my god for an extra fifty you buy yourself a whole dang month

hold on to your MEE NOV 30 PUTS and buy some DEC 30 PUTS if MEE hasn't gapped down MONDAY
if MEE is gapped down then get out at 1.10 / 1.00... GET OUT
never buy under 0.90
under 0.90 expires worthless fast...very fast...faster than a speeding bullet...

MEE missed earnings by 7 cents and will get punished on MONDAY...i'm hoping at least 6% maybe the entire 11%
AND MEE HAS NEVER EVER STAYED ABOVE ITS 200 DAY WEEKLY EVER AND NEVER WILL
AND ACI another COAL company...remember i said short all the COAL companies...well ACI was down 3% in AH...and with any luck..three other sectors will fail on MONDAY = ( solar, nat gas,XLE, and COAL)....

and COT is NUETRAL...means VIX might win one of the days next week, and we get a 200 point drop...well that's a dip
and you MUST BUY ON THE DIPS
zee
there are no crashes...any one tells you there will be a crash get as far away from them as possible...they are poison... they will poison all your profits... we may retest 135 on the DIA next week, but then that's a DIP...YOU MUST BUY ON THE DIP>>>>buy DIA NOV 133 calls IF DIA at 135 NEXT WEEK

ZION GETS TO 63 / 64 FAST...INTEREST RATE COMING OCT 30 /31.. SO YOU BETTER HURRY...THIS IS THE LAST SOLID BANKING INSTITUTE STILL LAGGING THAT I COULD FIND
BUY NOW ...MAY EVEN GET TO LAST LOWS AT $67 / 68.. EVENTUALLY MAKES IT BACK TO 200 DAY...AT $76.8 BUT THAT'S LONGER TERM...JAN 08 OR MAY 08...POSSIBLY...


OCT 27, 2007

WTC = worldwide trading capital
$5,000 gets you full daytrading priveledges..it’ll cost you though...minimum $300 a month / 8%, but you can trade at 10 to 1 leverage, so a $5,000 balance puts $50,000 into your trading account...but at 8% fees, that’s like a loan for $45,000 at 8%, which ain’t bad....
http://www.worldwidetradingcapital.com/faq-top.asp