Posted by grantorino72 on 12th of Mar 2009 at 12:13 am
I blew a 6 month membership on this South Florida clown last
year. He is a former stockbroker from New York.
Basically, he never had any stops on his trades - no risk
management.
He bought NT at $10.80 and sold out at $8.00
Recommended Ambac (ABK) when trading at $8.00 in late
winter/08 then panicked and sold around $1.20 in
mid-July/08.
Panicked on AMR and sold around $4.97 claiming 'all the airlines
are going to zero due to high oil prices'. AMR stopped at $4.0 then
rallied to $11.00 last summer.
Completely missed the decline in Oil.
He uses absolutely minimal technical analysis and is not even
worth the 3-day membership offer of $2.99
Avoid! I think the monkey makes the trade recommendations.
The community is delayed by three days for non registered users.
clj9 at 4100 : necktie support
DXO opinions
Posted by grantorino72 on 12th of Mar 2009 at 12:55 am
Start with a light position on the DXO. I have a stinker bid at $1.99 for 3000 shares.
UGA around $20.70 - look at BPT dynamic chart and that trendline comes in around that area. Again, go light.
There are mixed signals on the set-up, not like back in February when Oil had a washout and the DXO plunged to new lows - that was an easy trade!
This trade is a little bit trickier because OPEC may not cut on the weekend.
Watch USO gap fill around $25.50 I think it gets taken out and we see $25.00 intraday before a bounce. USO rollover is completed.
CLJ9 gotta hold 4100 on the settlement close.
Avoid stockmarketvideo.com
John Lansing
Posted by grantorino72 on 12th of Mar 2009 at 12:13 am
I blew a 6 month membership on this South Florida clown last year. He is a former stockbroker from New York.
Basically, he never had any stops on his trades - no risk management.
He bought NT at $10.80 and sold out at $8.00
Recommended Ambac (ABK) when trading at $8.00 in late winter/08 then panicked and sold around $1.20 in mid-July/08.
Panicked on AMR and sold around $4.97 claiming 'all the airlines are going to zero due to high oil prices'. AMR stopped at $4.0 then rallied to $11.00 last summer.
Completely missed the decline in Oil.
He uses absolutely minimal technical analysis and is not even worth the 3-day membership offer of $2.99
Avoid! I think the monkey makes the trade recommendations.
http://www.stockmarketvideo.com
Don't get fooled by the mystery stocks he posts as teasers to get you to sign up!
Most of the breakouts are........fakeouts.
Watch CLJ9 @ $41.00
DXO opinions
Posted by grantorino72 on 12th of Mar 2009 at 12:00 am
April crude sees the 20 sma = 50 sma at 4100 on the CLJ9 futures contract tomorrow. This is a necktie support.
Once you see 4100 holding, go long DXO. You will at least get a bounce into Friday's close as traders will anticipate an OPEC cut.
But, i think they will hold off cutting and the Vienna conference will just be another opportunity to argue between Doves vs. Hawks.
On Cramer
Cramer
Posted by grantorino72 on 10th of Mar 2009 at 10:48 pm
Remember the IPO on China Digital TV (STV) ???????
Bobblehead pumped it up to $50 on the Lightning Round segment soon after it started trading back in the Fall '07.
Then, he refused to provide a follow-up of his opinion on STV when it started to plunge soon afterwards.
Seen STV lately?
DXO Trendline?
DXO opinions
Posted by grantorino72 on 9th of Mar 2009 at 11:52 pm
Could you post some intra-day trendlines on your 30-minute DXO chart?