zstock7.com - Latest Comments in IWM FIB 61% around 53, 52 support

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 23:28:42 -0000

QQQQ up pre market --up above 41.75, then look for 42.2
SHORT qqqq 42.4-42.2 if it gets that high tomorrow

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 16:14:18 -0000

I didn't think anyone followed BW!--I should go with the usual 3% stop loss-- I don't see a clear exit price, except that the avg minimum price channel is $3

Re: IWM FIB 61% around 53, 52 support

TenYear — Wed, 04 Nov 2009 16:06:30 -0000

Usual Fed day...gap open, small upward crawl followed by instant selling and buying and then a selloff into the close. Next step, up day tomorrow.

we will see.

8:30am initial claims
Friday, jobs numbers.

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 16:03:44 -0000

So where are the futures? $6? down to $5, gives the same $7.80--I'm telling you, it seems like a form of price controls--for NAT GAS--What will be next? GLD? I'm already seeing a little divergence between GLD and Actual Gold.

Re: IWM FIB 61% around 53, 52 support

rose2797 — Wed, 04 Nov 2009 15:55:25 -0000

Z, I bought BW atr 17.47

Re: IWM FIB 61% around 53, 52 support

TenYear — Wed, 04 Nov 2009 15:53:22 -0000

good call

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:45:42 -0000

note to self, don't try shorting OSK until $40

Re: IWM FIB 61% around 53, 52 support

TenYear — Wed, 04 Nov 2009 15:34:17 -0000

MGM bmo tomorrow. could go either way

Re: IWM FIB 61% around 53, 52 support

TenYear — Wed, 04 Nov 2009 15:32:31 -0000

UNG trades futures and swaps. Gotta go off of the futures which have been higher this month for the first time in quite a long while. Inventories tomorrow. UNG buyers now are guaranteed $11.17 but a retest of lows could come first.

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:29:01 -0000

GLD $1144, could happen if DZZ goes below RSI 30, at RSI 30.04 now

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:24:34 -0000

here's how out of whack NAT gas and UNG are--IF natgas goes to $4 it's 200 day, it's been as low as 2.62, and then doubled, but UNG came no where close to doubling, off it's lows--anyway--UNG = 7.80 if NAT gas goes $5 down to $4

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:19:34 -0000

on a DIA short, use a 1% stop loss

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:17:21 -0000

BHI, BJS, down 5%, that's what's stagnating OIH

Re: IWM FIB 61% around 53, 52 support

sungsop1 — Wed, 04 Nov 2009 15:14:01 -0000

Hi Z and Tenyear
Would you short the market here?

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 15:12:44 -0000

EWC will really have to struggle to get above it's 50 day, current price. Which means ECA could go either way Thursday, APA,APC,EOG, too! Overnight chart confirms this.

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 14:53:47 -0000

KGC is HOT!

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 14:29:13 -0000

STRA, the stop loss is easy use 1.5%, it's at its 200 day 199 or so

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 14:20:45 -0000

I can barely figure out LVS MGM--MPEL under $5, I'd get out--STEC is doing a RIMM ,rising competition--STEC is still a $20 or $30 plus stock selling for $14, not too shabby--just have to get a good entry, which is today maybe!

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 14:10:32 -0000

WFR, support is 12.05-12.10, SOHU buy it at 52-53--I think it will pull back, LMT should pull back, get in around 68--that's what's cool about falling knives w/ deep negative RSI's, 70% of the time, I get a second chance at the entry.

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 14:02:16 -0000

UNG and $natgas, are way out of whack, the NAV, must have gotten bigger! Must be some sort of price control experiment, for Nat Gas!

Re: IWM FIB 61% around 53, 52 support

rose2797 — Wed, 04 Nov 2009 13:54:10 -0000

Z, what do yo think about MPEL. I bought it today at 5.01. How about STEC

Re: IWM FIB 61% around 53, 52 support

Name — Wed, 04 Nov 2009 13:48:20 -0000

DAMM, YOU ARE GOOD Z!!!!!!

SOHU, LMT. WFR, NO GOOD ANYMORE?

STILL WAITING ON NYX

LOVE YOUR MEMBERS SITE

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 13:32:47 -0000

BW is a good engineering company---falling knife is OVER. go long--I think I can get in under 17.3 at 17.6 now

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 13:21:47 -0000

RIMM,AEM, short the pop up, works, no strength, indicates market is still in a downtrend, QQQQ 39 first support

Re: IWM FIB 61% around 53, 52 support

zstock7 — Wed, 04 Nov 2009 13:13:50 -0000

Stockcharts site went down---update, working again