zstock7.com - Latest Comments in XOM, another fad Company, or here to stay?

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:46:46 -0000

WFC is an easy stop loss on a gap up short-- use a 28.5 stop --WFC has weak short sell signals on the overnight--

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:43:56 -0000

ABV, just has to be an overnight short---I can't see it being anything else--I'm not trying it!

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:41:00 -0000

If you are long overnight, use tight 1% stops---I'd treat tomorrow like VIX will trade in a doji star--with a narrow channel.

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:37:45 -0000

I think the market goes higher tomorrow--none of the major indexes are at the middle bb band--then again, a lot of the major banks are at their 20 day, ( XLF 14.75 ),and it looks difficult to get above the 20 day! It's a coin toss!

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:33:41 -0000

SIJ hits the upper bb band, and then falls--I should be surprised !

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 15:26:57 -0000

Few economic reports this week. This week is just hard fundamentally. Technically, good to go (down). lol. I might just wait until Wed. to trade.

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:24:59 -0000

What the heck made ABV target price $87 or more--I need to go study that---That study will translate to all the off shore ADR's--example--.BIDU

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:22:58 -0000

ABV, I'm not trying IT! brasil drinking co--2% above the upper bb band, and RSI 81--with this much short sell signal to work with, it should work--I'm not trying it!

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:15:29 -0000

I gave up on SRS and URE options --I just play the IYR strikes--The SRS front month ITM options are delta 80 and higher--at least that's still good.

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 15:12:12 -0000

If we reach near 105 SPY today, I'll be shorter than I've been all year.

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:11:06 -0000

GOLD ( the stock) , SLX, I have dangerous ( dangerous is not the word I'm looking for) short sell signals--They either collapse tomorrow, or gap higher

Re: XOM, another fad Company, or here to stay?

Romaitas — Mon, 05 Oct 2009 15:07:48 -0000

i'll take a ride with qcom

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:05:18 -0000

QCOM, I'd avoid the ATM and OTM strikes---they are priced way to high!

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 15:04:03 -0000

Z, have you traded SRS options? URE puts are the better way to play if I remember right.

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 15:02:23 -0000

QCOM, you know what I missed on FRI? I missed the CCI -300 ( go long right now ) signal---

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 14:59:51 -0000

QCOM overnight is leaning toward GO LONG overnight

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 14:45:49 -0000

I should have known gold stocks would be higher today--$1000 is the new low I guess!--GLD has a NAV 98.6 = $1000 approx. So NAV is $1.40--

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 14:44:13 -0000

SPY short target near 105

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 14:43:28 -0000

The gap down Friday morning was too easy.

Re: XOM, another fad Company, or here to stay?

Romaitas — Mon, 05 Oct 2009 14:41:19 -0000

rimm creeping to $66

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 14:36:31 -0000

MGM and LVS, they used the 50 day, for the go long signal--no imagination at all---" it's the no imagination part, that I find interesting.

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 14:27:52 -0000

TM, stop loss is easy--I'd use a 74.0, or 20 cent under its 200 day--9 down days in a row--that's a pretty good GO long overnight signal. 73 is my other entry--and EWJ--the descent is slowing.

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 14:27:40 -0000

TZA target $12.20 ish

Re: XOM, another fad Company, or here to stay?

zstock7 — Mon, 05 Oct 2009 14:21:13 -0000

YUM is up 5% today--

Re: XOM, another fad Company, or here to stay?

TenYear — Mon, 05 Oct 2009 14:08:09 -0000

UNG: Resistance at $12 trendline, testing the waters, it acts like it wants $14 but there are two lower gaps.

If you short UNG here and it closes above $12.10, well thats just horrible luck.