Disqus - Latest Comments for traderbean

Re: EUR/USD - A Technical View (by Alex)

traderbean — Thu, 22 Oct 2009 10:52:07 -0000

Don't drink the KOL-Aid...

Re: Some Insights from EW

traderbean — Sat, 17 Oct 2009 11:58:22 -0000

Once the Volatility Index (VIX) dips below 20 we will have reached support...

Re: Technical Tools

traderbean — Wed, 26 Aug 2009 09:43:21 -0000

real-time comments, impressive...

Re: http://slopeofhope.com/2009/04/25/little_quizzies_and_big_testies.htm

traderbean — Sat, 25 Apr 2009 14:33:59 -0000

Are you itching to short something? Short the dollar...it's about ready to break down..

Re: http://slopeofhope.com/2009/04/18/tim_trivia.htm

traderbean — Sat, 18 Apr 2009 13:31:46 -0000

OIH is starting to break out of a 5 month range from low 60's to 88. Currently at 89. I can see a quick move to $100 before a pause...

Re: USO, Dollar and an airline stock..

traderbean — Sat, 25 Oct 2008 11:43:43 -0000

looks like UUP may be more bang for the buck. a close second is long the UDN... tb

Re: USO, Dollar and an airline stock..

traderbean — Fri, 24 Oct 2008 12:59:49 -0000

I can't catch a break... SHORT UAUA, and its FLAT today...

Re: USO, Dollar and an airline stock..

traderbean — Thu, 23 Oct 2008 10:08:27 -0000

buying USO here, with stop at 55.

gap at 59 and 62 to be filled.

Re: USO, Dollar and an airline stock..

traderbean — Thu, 23 Oct 2008 10:02:50 -0000

UAUA down 10% already today..

Re: USO, Dollar and an airline stock..

traderbean — Thu, 23 Oct 2008 09:57:19 -0000

TXN had major support at 26, once broken, its done nothing but sell...

I think TXN could reach 13ish, and the longer term target is 26 (previous support acts as resistance).

Re: Chad Vader won't tolerate this market much longer..

traderbean — Wed, 25 Jun 2008 01:22:41 -0000

couldn't hold XOM until 100 eh? ;) ah well...profit is profit..

Re: Chad Vader won't tolerate this market much longer..

traderbean — Wed, 25 Jun 2008 01:21:45 -0000

I like the IFN chart...

rising MACD, falling price... right on the support trend line from the lows in AUG 2006... could goto 35, which is where the 200 weekly MA is at...

Re: XLE Alert #3

traderbean — Mon, 23 Jun 2008 21:10:31 -0000

short term:

LONG: XLE, MOO, OIH
Mixed: QQQQ, PBW

what works keeps on working for a few more weeks...

Re: SPYders and BANKs

traderbean — Mon, 23 Jun 2008 13:58:06 -0000

Goldman cuts financial, consumer discretionary sectors
Monday June 23, 9:33 am ET

(Reuters) - Goldman Sachs downgraded U.S. financial and consumer discretionary sectors to "underweight," saying these sectors would lag in an environment where inflation, consumer weakness, fiscal stimulus and global growth would drive the overall market and relative sector returns.

The energy, materials and information technology sectors will likely outperform in such an environment, Goldman added.

The brokerage had earlier rated the financial sector "neutral" and consumer discretionary sector "overweight."

Goldman has an "overweight" rating on the energy, materials and information technology sectors.

Goldman said the market will stay within the same range that it has been trading in since the beginning of the year although increased volatility provides for the possibility of large swings within the range.

Re: Lessons Learned...

traderbean — Sun, 22 Jun 2008 01:18:20 -0000

I think all the window dressing this past month, explains why the higher highs worked, and the lower lows worked out.... but, when the window dressing is done...lookout...

besides FXP, holding anything else? SOHU took an amazing drop on friday..

Re: Lessons Learned...

traderbean — Sun, 22 Jun 2008 01:10:10 -0000

absolutely...

for example, if you are buying tech (AAPL, GOOG), then just check the QQQQ.

if you are buying solar (FLSR, CSIQ, ENER, SPWR), then check PBW.

Basically, you are trying to be on the same side of the trade as the group.

And by 'group', I mean, the basket of stocks that make up the ETF..

Re: Lessons Learned...

traderbean — Sun, 22 Jun 2008 01:07:00 -0000

HOC is 27 cents below 40... I know we are close to a bottom, but market sentiment is in pullback right now.... if you dont feel comfortable if the price drops to 39, or 38, then just put in a stop near 38.73 (below last weeks low)...
tb

Re: CME is strong (recently) in this whipsaw market..

traderbean — Fri, 20 Jun 2008 13:27:40 -0000

market sentiment sucks right now....

the gap was from this week, and filled yesterday, was perfect...

however, today blew everything out...

I had to dump my calls for a loss... sucks, but I get out when it goes against me...

better to take a small loss, and miss the "potential" run, than holding and hoping... you can always get back in....

Re: LEH - over 100 million shares traded

traderbean — Thu, 12 Jun 2008 14:47:15 -0000

BIDU - here comes 300...

Re: LEH - over 100 million shares traded

traderbean — Thu, 12 Jun 2008 14:04:21 -0000

just keep watching... market slipping away....

if LEH can make it over 24.55, that would be bullish...

Re: ICE Is a buy NOW !!! based on it's EPS trend

traderbean — Thu, 12 Jun 2008 09:37:48 -0000

your ICE crystalball (was) working today.. .. tought market..

ICE at 100... watch for it! (actually 99.89)

Re: XLF just keeps going and going...(lower)

traderbean — Thu, 12 Jun 2008 01:16:42 -0000

yeah, the easy trades are financial shorts...

F8 called a few ultra short trades... TWM, SMN, FXP...they all look good for long plays...

also, keep an eye on XLE... its consolidating... in this market, that means more upside... lets see if 90 can be broken..

Re: ICE Is a buy NOW !!! based on it's EPS trend

traderbean — Wed, 11 Jun 2008 18:30:28 -0000

so, your EPS shows that ICE is undervalued... cool... ok, so based on fundamentals, the stock is cheap... but, your time frame is 1 month to be right? That's too short... Your using value investing to drive your decision, which is excellent.. but, you need a much longer time frame to be right with value investing...

It's not logical to say, stock cheap based on EPS, therefore, next month, stock will move up 10%. But, as an example, you could say, stock down 50%, sitting on support level, expect bounce over next month..stop below support...etc..

I know a value investor that has pounded the table of PFE for the past year, explaining how cheap it is, but the stock still moves lower.... So, don't ignore the technicals when trading short term, it's really all you have...

But based on your EPS trend analysis with ICE, I would consider buying some LEAPS, to give myself time to be right...

Re: XLE Alert #2

traderbean — Tue, 10 Jun 2008 00:07:30 -0000

with China falling, FXP looks good..

Lets see, FXP fell from 120 to 60, and now its 75. I think it has 10-15 pts in it.... yikes...

BIDU Dec top 400, march low, 200...
I see BIDU is heading to 300 ..

SOHU hit 90, at 85 now...gap at 65ish...

Re: XLE Alert #2

traderbean — Mon, 09 Jun 2008 21:44:22 -0000

thanks, you like that joke? I can a bunch of 'em... lol...