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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 91)

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Author Topic: What I am watching as Swing Trades 2
AJGrano
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possible bounce on HOTT tomorrow? or was Hot Topic just a fad....hopefully it was because I'm tired of seeing so many EMO kids wearing their sisters pants already..
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TraderJones
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NLST
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AJGrano
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in YRCW at 1.15. Should've stuck with my first choice of HOTT instead I think....still early
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TraderJones
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NLST going crazy!!! Could be a great day trader.
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TraderJones
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I really don't know why they're going this high, gotta be inside news, I don't see any news...??
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TraderJones
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Too bad ya can't short it...NLST
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kvbeanz869
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DPTR...Way oversold should be good for a 10-15% bounce from here .90 GL and GOOD WEEKEND!
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AJGrano
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quote:
Originally posted by AJGrano:
in YRCW at 1.15. Should've stuck with my first choice of HOTT instead I think....still early

WOW...I bought at open and went to sleep...went to work at 2pm and didn't see it really move...just came back to my account and saw that my sell hit at 1.22! 162 gain without even being awake/watching! crazy! Kinda stinks I wasn't around actually because I could've squeezed more out...but I couldn't ask for anything else really! whooooo hooooo
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AJGrano
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Looking to see how EFUT looks like pre-market and early morning..
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AJGrano
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looks like FAS is the way to go today. already up 3% pre market. maybe ABK as well...pretty much all FINS looking good right about now
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AJGrano
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got in FAS at 77.85
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glenngsxr
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Good work. After getting in last around $76.76, I was getting worried, but we came out ok. I think if this hits $80 today I am out and into FAZ all the way until the 2nd of December at least. Go back some posts AJ and read what I said about FAZ's pattern.

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wide open until you see god, then brake!

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AJGrano
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yeah I was just trying to "ride the wave"...thinking I might wipe out now though...lol
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TraderJones
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Careful with FAS guys, the market could reverse a bit tomorow. Don't hold for too long.
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AJGrano
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I already plan on getting out by EOD, but I heard/read that the first day of the Thanksgiving week typically sets the pace for the rest of the week...so I guess we'll see where it goes. I'm bearish but...its hard to go against this rally...ever since 8500-9000 I've been thinking it was going down but....every week its just up, up, up lol
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TraderJones
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Yeah I hear ya AJ
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AJGrano
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HPQ is suppose to post earnings after the bell, right? If so do you think its a smart buy now or would that just be foolish?
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glenngsxr
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AJ,
I never play earnings simply because you never know what number people are looking for, especially analysts. However, we do know that HP stole a lot of market share of PC's according to the DELL quarterly. I imagine they will have a good earnings report and open higher in the morning. Still though, earnings are risky.

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wide open until you see god, then brake!

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glenngsxr
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What do you guys think? FAS to approx $80.00 and then down from there until the 2nd of December. Is my logic flawed?

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wide open until you see god, then brake!

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TraderJones
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Well Glenn, that's what I've been thinking the whole time. Although I'm not quite sure if FAS will hit 80. I bought FAZ a while back and didn't sell it when I could have made a profit. But after analizing the charts, I decided to hang on to it, just because I saw just what you saw. Dec. 2nd IS the pattern. for FAZ FAS and the DOW. Also, take a look at BAC, which will constitute what FAZ and FAS will do. I really think BAC will go down along with the DOW. Take a look at their chart.
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TraderJones
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watch the DOW drop just a little here, and if BAC goes to 16.19 or lower FAZ is gonna take off again
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glenngsxr
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I think FAZ needs to get back into the 18's before it shoots back up. Probably tomorrow afternoon.

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wide open until you see god, then brake!

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TraderJones
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I'm outta here. Any bets on what happens tomorow? I say mostly flat but down at the end of the day.

Later guys.

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AJGrano
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i got out of my FAZ for a 6 dollar loss. Picked up some HPQ
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AJGrano
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NEXM...
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glenngsxr
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out of FAS and into FAZ until the 2nd of December. Gonna try to play this trend.

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wide open until you see god, then brake!

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glenngsxr
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gents, I can feel the sentiment in the market changing. Can't explain it, but we are in for a down turn for a couple weeks. When FAS does not react to the DOW going up, that's an indicator in my mind. It has done that the past couple days.

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wide open until you see god, then brake!

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R1 Man
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quote:
Originally posted by AJGrano:
possible bounce on HOTT tomorrow? or was Hot Topic just a fad....hopefully it was because I'm tired of seeing so many EMO kids wearing their sisters pants already..

LOL!!!

Anyways, Was going to grab SEED yesterday for around $7.60. Kicking myself now. $11.87. What the hell!!! Anyways, been busy like usual. Haven't read anything or done anything really. Good luck all.

Read this below and explain why the stock is at $0.86. I don't understand. They reported earning $7.58 a share. That is 8.81 times more then the current price. Hmmmmm......?????

When ABK reported 3rd quarter 2009 earnings of $7.58 per share, it beat the $-4.43 consensus estimate of the 2 analysts covering the company.
The analyst's estimates ranged from a high of $-1.01 to a low of $-7.84, with a median estimate of $-4.43.

ABK is expected to announce 4th quarter earnings the week of February 22, 2010.

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TraderJones
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It's BAC, AND the DOW that will make FAS and FAZ react.
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glenngsxr
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R1, read this. Might tell the story.
http://finance.yahoo.com/news/Ambac-Misstates-Financials-to-tsmf-711120244.html? x=0&.v=6

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wide open until you see god, then brake!

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TraderJones
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Hey R1 good to see ya, hang out more often.
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R1 Man
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quote:
Originally posted by glenngsxr:
R1, read this. Might tell the story.
http://finance.yahoo.com/news/Ambac-Misstates-Financials-to-tsmf-711120244.html? x=0&.v=6

That answers everything. Well, its junk and will burn to the ground. Off to go play with my son.
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R1 Man
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quote:
Originally posted by TraderJones:
Hey R1 good to see ya, hang out more often.

I have MysticalCobra99 coming back here. He sent me a message on facebook last night. That is one bright guy. He said he trades Options mainly. That is a branch I haven't traded in. Anyways, expect to see him here again soon. He brings some great picks, good insite, etc to the table.
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glenngsxr
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R1, thats good to hear. I have not done options in awhile.

Check out DRN as well. In addition to FAS, DRN has also made its low in the cycle for the past 3 months on the 2nd of the month. Those days will likely be the best day to jump back in full force.

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wide open until you see god, then brake!

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glenngsxr
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Whats the opinions of Black Friday here? Will the consumer return? I think if Black Friday is good, the market will rip next week, which will debunk my theory on FAS.

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wide open until you see god, then brake!

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