posted
That was my thought before i bought at 1.99 to just wait. LOL This has already made me money - It'll do it again! Like to see the 1.60 again at least!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
SCA -- not sure how low it will go, but will be paying attention, within the time frame. I mentioned. To all.
Posts: 330 | Registered: Nov 2007
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posted
Okay - back to your shorts Chuck!! LOL You short them down to me Kayo??!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
SCA -- not sure how low it will go, but will be paying attention, within the time frame. I mentioned. To all.
Posts: 330 | Registered: Nov 2007
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About this article: MGIC reports a hideous, monster loss and what happens? It issues a statement saying it has "adequate capital to meet its claim obligations" and that there have been "significant improvements to the company's business fundamentals." This despite recognizing that it cannot make money in 2008. IndyMac says yesterday that it has all the capital in the world despite a monumental quarterly loss and a suspension of dividend, It, too, has oodles of capital. Both companies, the Alt-A bank of IndyMac and the mortgage insurer MGIC, have non-performing loan numbers that would make me wonder how the heck they can stay in business. But things are going swimmingly, they both say. This stuff is amazing to me. In 1990, both of these companies wouldn't have a dime of funding and would be annihilated, gone, bankrupt. No way they could make it. But in this environment, nobody fails, nobody merges,... http://secure2.thestreet.com/cap/login/rm_mbp_msn_july07_v2.jsp?cm_ven=YAHOO&cm_ cat=PREMIUM&cm_ite=003190&flowid=72d7296f71&url=http%3A%2F%2Fwww.thestreet.com%2 Fp%2F_yahoo%2Frmoney%2Fjimcramer****%2F10403247.html
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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not sure if they have had their quarterly report would what's for a pullback To the upside, because of the market.
Posts: 330 | Registered: Nov 2007
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quote:Originally posted by chuck9: NILE - down 27%, Price 39.00.
not sure if they have had their quarterly report would what's for a pullback To the upside, because of the market.
WOWZERS!
Among the biggest decliners, however, was Blue Nile (NILE - Cramer's Take - Stockpickr), which dove 21.2% after the online jewelry retailer projected first-quarter income at between 11 cents and 14 cents a share, the midpoint of which is 10.5 cents under analyst targets. Blue Nile beat by a penny for the fourth quarter, but shares were nonetheless plunging $11.42 to $42.43 after hours.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
BooDog - did you get some of that pullback. Very nice. I plotted a 4 point retracement line.when it started pulling back and went through the first retracement line, I started to follow it , when it went through the second retracement line. I knew I was in heaven.
Posts: 330 | Registered: Nov 2007
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posted
CEPH Nice Chuck. Too rich for me too, but for how much longer? LOL. Nice support at 55 and 56. Another base around 52 and then into the low 40's. If the down pressure continues. Could be crazy and go for 38. You didn't say where your lines were?
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Volume is picking up on ALLT. On radar here. Cheers. Charts stop December '06. Bummer - means I have to look at the fundamentals. LOL Or at least the stochs family for the hook.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by BooDog: watch MTG [/URL]
Had a nice gap down to 11.80 still may have some downswing imo. Getting some mixed indicators (some trying to save the ship?) but I think the bears will win the battle.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
MTG - from what I can see - MtG - broke below the support line , which was 16.11, seven days ago. That support line now becomes the resistant line.
Also, it is still below the moving average band that I have set up, which signifies downward movement, and the stock is still in an overall downtrend.
There, are also a confirm break down below 13 with no support below that. -------------------------------------------- In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading. -------------------------------------------------------------------------------- ------------
Posts: 330 | Registered: Nov 2007
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posted
Cactus, the only dip I saw was on a five minute chart. I did look at the daily chart, and from what I saw. It appears it is in a downward trend and could not find any reversal signals.
I would really pay attention to this one. -----------------------------------------------
In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading.
Posts: 330 | Registered: Nov 2007
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posted
"SCA -no bottom signal as yet." There's always a bottom somewhere...
Bond insurers have days to re-capitalize, Spitzer says
By Alistair Barr Last update: 12:32 p.m. EST Feb. 14, 2008Print RSS Disable Live Quotes
SAN FRANCISCO (MarketWatch) -- Bond insurers have four to five business days to re-capitalize themselves enough to keep their crucial AAA credit ratings, New York Governor Eliot Spitzer said during a Congressional hearing on the $2.4 trillion industry on Thursday. If that doesn't happen, regulators will have to step in and separate bond insurers' municipal businesses from their more troubled structured finance units. "We will need to move in that direction. It is not our first choice but time is short," Spitzer said. "In the next for or five bus days we would like to see a resolution," Spitzer added. "It's time for deals to get done."
Companies in this story AMBAC Inc (ABK) MBIA Inc (MBI) Aca Capital Holdings Inc (ACAH) Security Capital Assurance (SCA) Blackstone Group L P (BX)
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
ALLT dipped to 2.83 on wed morning, got in and sold yesterday am at 3.00.. onto the next one be well
quote:Originally posted by chuck9: Cactus, the only dip I saw was on a five minute chart. I did look at the daily chart, and from what I saw. It appears it is in a downward trend and could not find any reversal signals.
I would really pay attention to this one. -----------------------------------------------
In regards to possible legal issues, be advised:
The above information is not a recommendation from myself to others to buy or sell, nor does it provide to other individuals a recommended timeframe for the entry,exit for a stock transaction.
Any individual can use the information as they so choose, but in doing so, that individual accepts full responsibility for results from the use of the information.
I, Chuck, can accept no responsibility or liability for any other person's use of the information for their personal trading.
posted
SCA base forming. S&P posted a HOLD. LOL it's holding!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
The five-minute chart seems to be holding between the area 1.56 through 1.60. On the other hand, the daily chart is still showing a downward trend. The intraday range from high to low is very narrow.
I still have not seen any reversal signal, Although I think we are not very far from it. Maybe the next two or three days will give us better direction.
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posted
picked up some at 1.58. We'll see what happens.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Chuck I respect your daytrading and advanced charting, but I still say you can do a couple day trade with relatively no chart analysis and more market and investor sentiment.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
Stocktrader, I cannot say whether you are right or wrong, I can only say that I have been doing this particular trading for many years, and I have just now begun to understand how to trade this particular style, and it has been very successful for me.
After saying that, I do look at other things besides just the charting aspects.
Posts: 330 | Registered: Nov 2007
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quote:Originally posted by lostone: what's the update on SCA chuck?
IMO this will go sideways with not much action untill it gets some decent news. I think these analysts don't even have a clue and S&P doesn't know that much more of what these companies are made of and who they have insured whether it be municiples or sub-prime. So we sit and wait for some high profiled somebody to flinch. LMAO. And no - I have no clue either!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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