iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Burnt, burned, itchy, ouch

Jus got back from the beach…. man am I wiped out.  I was driving home and I dozed off on the wheel and nearly swerved off the road and hit a tourist.  That was crazy.  I don’t know what the heck happened.  It’s been non-stop party after party this week- weddings, dinners, dates.  Staying up late, getting out early.  I’m too that point where I’m just so drained and I want to run away from the crowd and just get away and do nothing.  Know what I mean?  Especially after nearly killing someone, I’m like, I need to calm down and start thinking of other people… call it a wake up call.  Living for the moment will leave you with a bad sunburn.  I think I’m going to have to sleep on my stomach tonight.  The water was just too good.  Clear straight down to the ocean floor!

Okay, so before I reapply aloe gel all over my back for the 9th time, let’s get back to the stock updates:

  • CTIC –  if you’re in it for a trade, you should already be mostly out.  If you’re in it as in investment, take caution.  This can drop big easily due to small market cap.  As always, you want to monitor volume spikes.
  • AIRM- I still like this for a new 52-high, then we are in the 40s.
  • NFLX- our swing short play will head under 40s.  High chance this week.
  • ArcSight Inc. [[ARST]]   –  we busted through the 20 spot from last week and are now knocking on 22s door.  Great looking bull so far.
  • [[CBOU]] is shortable near 7.80.  I’m using 5-day price/volume action.  Continue to use [[PEET]] and [[CBOU]] as a guide to short the Caribou.
  • FUQI comes back with a vengeance!  Our old PPT #1 pick is continuing to show relative strength and is showing that healthy dips are worth buying.
  • I’m also keeping an eye on The PPT overall #s which have been very interesting.  Fly has been using it as a contrarian indicator (I love contrarian stuff) and he’s been spot on.  For now, if you’re new to The PPT, or you’re not yet a member, I’ve noticed on our front page at iBankCoin.com The PPT overall scores are posted, so check those out.  Also take note of the top industries.  Let’s just say our magic number is “3”… as you monitor the overall hybrid scores that The PPT punches out, you’ll want to keep an eye on 3.  It’s a good way to measure retracements and relief rallies.    If you’re interested in learning more, I suggest you ask Fly or just join The PPT and hang out with the community there.  They are getting real good at using this indicator as well as individual stock indicators.

… tomorrow I’ll be in and out the trading room.  I was stupid and I made an appointment to meet with a client this Saturday at 2pm, the SAME time the wedding ceremony was.  Lol.  He showed up, and I was all suited up with my lavender tie (took forever to find one of these) and he was like, “do you always dress this way for meetings?”  Ha!  It was awkward.  Anyway, I rescheduled for Tuesday so I’ll see how it goes.   Speaking of the wedding, if you were wondering, it was a pleasant disaster!  I mean, nothing really went as planned so it was hilarious and fun.  The make-up artist was this old lady with no make-up supplies.  Lol.   My friend couldn’t pronounce his fiance’s middle name during the vows.  The bride and groom are the worst dancers I’ve ever seen.   I got stuck in traffic so I missed the photo-shoot (Yes!). I did say a few words, but kept it short, sweet, and trite… you know, “I’m honored to be a part of this moment… ” , “Wish you the best” … ” …I’m going to keep this short, that way we have more time to dance” … that kind of stuff.  I’m not one for drama, emotional moments, and flowery speeches.  Just get me off the stage please!  Anyway, time to run away to no where to do nothing and be no one.

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One comment

  1. Danny

    I can relate Gio

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