Instead I will use this dip to make a few more buys. On my radar I’m looking at S, [[PALM]], GHM, LDK, WTI, more UA, EBAY, TSO, ATVI, HANS, CHL, and a “DT” favorite, GAIA
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Joined Jan 27, 2008
7,405 Blog Posts
EBAY?
yes sir
Market up over 30% from bottom, slight pull back and you are buying again already? Are you looking for a 50% run before you sell?
@ Ryan, Depends on what the market does here, a break below 7,800 and I will wait until 7,5 to add.
oh k, makes more sense now.
Namaste.
GAIA taking off.
-DT
Not much going on, ADM sure getting skewered. Kinda surprised RIMM broke $60 but that was a damn big run-up it had.
Thought I’d post this trading note from one of the pay news sites:
Technical Analysis story about GOOG
The shares filled the prior bullish gap up today from April 1st. The bottom of that gap was at $355.24, very close to the low of today at $355.31. The stock has since bounced off that level and is heading back up. Resistance levels to watch as potential upside objectives are at $360.57, $368.00, $372.00, $378.12. Support is at $355.31. It would be bearish if the shares took out that level to the downside. :
same thing, but this time commentary on RIMM:
Technical Analysis story about RIMM
Despite the sharp drop in price today, last down over 6%, money flow indications have been positive all afternoon. This suggests traders are accumulating shares at the lows. Friday’s closing price at $59.29 appears to be providing a floor of support for the stock. Resistance levels to watch as potential upside objectives are at $61.54, $63.97, $68.77.
makes u feel any better cajun i am bear, but i see a bounce to 850 or so.
What do you think about FEED now that Mos and AA dissapointed?
FEED is a breakout play. no breakout, no play. Still flagging though.
I bought a bunch of S at the close today.
Cramer just spent 10 minutes raving about it on Mad Money.
Good Call.
T & VZ look alright too these days..
After the Bell..
Citigroup starts Barrick Gold (ABX) at BUY, $40 trgt and Newmont (NEM) at Hold, $44 trgt. “..All things being equal we would be buyers of both Barrick and Newmont with gold under $850/oz and sellers over $950/oz…”
fwiw, They also Start CSC at Sell, $30 trgt.
Quiet in here,
Credit Suisse put out their research weekly today (every wed.)
notes:
BUY Coca-Cola, China Railway Construction, Colgate-Palmolive EMC, France Telecom, Oracle, RWE, Vivendi for half of a regular position. Stop loss -5%.
wow, some volume selling in RIMM, (with the market) but inverse HG’s all along the 10 day … unreal..
RC, are you the “RC” commenting on GSI in the Yahoo forums?
Cheers
talk about on the line.. RIMM follows 10 day avg all the way up to new highs..