Tzu Posted January 12, 2007 Report Share Posted January 12, 2007 describe what you see. Please. <{POST_SNAPBACK}> Ok, I will get data gather later tomorrow or something. We have a 3 day weekend to get ready for options games. Please check the short interest etc. on DNA. Hopefully LW is interested in the biotech news and will elaborate sometime this weekend as well for another piece of the puzzle. Something doesn't feel right but that just means the cover would be tight etc.. Hopefully it dives tuesday but I would like to be prepared for shennanigans I might not be expecting or paying attention to......like biotechs news that I would have sold STEM immediately afterwards. Sell first, figure out why later.... With STEM for example, I will be watching for large buying volume spikes why the stock is diving. If I see accumulation then I play that way instead but only after it got pounded from here of course. Mostly it just looks to easy to short biotechs but sometimes the self fullfilling prophecies come true. Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2007 Author Report Share Posted January 12, 2007 $43 closing print today. All-time record. With a P/E below 9.9 No wonder all the fundies are buying it. What's not to like??? Link to comment Share on other sites More sharing options...
The End Posted January 12, 2007 Report Share Posted January 12, 2007 Screw short interest. What painting did I paint with that chart. I want to make sure folks understand what the chart is potentially saying. Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2007 Author Report Share Posted January 12, 2007 Institutional Buy Surge on Thursday morning? Next target might be $115 or so... Jumped the creek on huge volume. Now lots of folks are in a winning position, willing to add. Link to comment Share on other sites More sharing options...
summoner Posted January 12, 2007 Report Share Posted January 12, 2007 ~22000 SPX JAN PUTS 1430-1475 ~378000 SPX CALLS 1430-1475 ~200000 SPX CALLS 1400-1430 currently in the money SPX 1430 MAXPAIN 1400 Link to comment Share on other sites More sharing options...
Tzu Posted January 12, 2007 Report Share Posted January 12, 2007 Screw short interest. What painting did I paint with that chart. I want to make sure folks understand what the chart is potentially saying. <{POST_SNAPBACK}> 3 drives Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2007 Author Report Share Posted January 12, 2007 After being in a consolidation for months, looks like the whole sector wants to run. Let's see if AMGN can "catch up" Link to comment Share on other sites More sharing options...
crazy_ate Posted January 12, 2007 Report Share Posted January 12, 2007 The Greatest Global Stock Market Boom rolls on unabated. Vast fortunes being made, especially in the emerging or developed markets. Wanna see some closeup photos? You won't believe it. The Pelorus <{POST_SNAPBACK}> Yea, and the good news is that the new ship, at 525 feet, will dwarf the one in the photos....oooooo-faaaaaaa Link to comment Share on other sites More sharing options...
elh Posted January 12, 2007 Report Share Posted January 12, 2007 To date, this has been the most depressing start of the year for bears yet. Even the most honest and well-grounded permabear in the media, Bill Fleckenstein, is starting to enter a state of denial. Last week, he commented on how the market action at the beginning of the year was the weakest he'd seen, or something lame like that. (No doubt, he won't be repeating that this week.) But take heart! Today, we saw a substantial rally in the gold & silver market, while the dollar AND bond market took a hit. I literally cannot remember the last time that happened in the same day. Plus, the trading season for the stock market doesn't REALLY begin until next week, when yearnings season begins; the past week and a half was merely an extension of the same nonsense we've been seeing anywhere from last July to as far back as Oct '02 (depending on when you start counting). This could be the end of all that. Then again, maybe it's not. But, from a contrarian standpoint, this is the best time to get on the other side of the boat, 'cause the whole thing looks like it might tip over. And if you need a reminder on just how strong contrarian opinion can be, just look at those old posts from October '02, and see the kind of things everyone was writing. Just make sure you have a box of tissues nearby, in case it brings back any painful memories of what happened shortly thereafter...... <{POST_SNAPBACK}> Thanks for these brainteasers. I'll take a stab. I don't see anything useful or insightful from the Money Flow chart. The MACD tells me the downslide has stabilized since then. The two key things I see from the charts are 1) the Slow Stochastic didn't break down on the latest hump suggesting perhaps continued ST upside strength, and 2) the most recently widening Bollinger band which suggests that after a ST upside, it could possibly swing even more volatiley on the downside after the upside surge. Link to comment Share on other sites More sharing options...
crazy_ate Posted January 12, 2007 Report Share Posted January 12, 2007 This will be fun to follow.....or I can just look out my window and watch any of the 13 teardowns in the four block area around my house.... Homeowner Chooses Razing Home And Rebuilding Over Buying New By Nancy Keates Editor's Note: This is the first installment of "Teardown Diary," a feature by Wall Street Journal correspondent Nancy Keates. The column will detail her decision to demolish the Portland, Ore., home where she lives with her family and build anew. In the months ahead, she will chronicle what led to the decision, the financial costs, hiring an architect, knocking down her house, choosing the features of her new home and the final product. My husband and I have decided to tear down our 1928 house and build a new one in its place.... WSJ Link Here <------- Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted January 12, 2007 Report Share Posted January 12, 2007 Yacht name: Ecstasea Length: 282 ft - 85.95m Launch date: 2004 Owner: Roman Abramovitch (Le Grand Bleu, Pelorus, Chelsea FC) Builder: Feadship, Royal Van Lent Shipyard, Holland Naval architect: De Voogt International Stylist: Terence Disdale Hull: Steel Engine: 4 x 3154 hp MTU diesels, 1 x 31269 hp gas turbine I'm sure the tiny diesels are just for maneuvering. Link to comment Share on other sites More sharing options...
DrStool Posted January 12, 2007 Report Share Posted January 12, 2007 Screw short interest. What painting did I paint with that chart. I want to make sure folks understand what the chart is potentially saying. b We're not mind readers. Looked like a giant base to me. But it could be something altogether different. Without any indicators how would you have any idea? What chart was it anyway? Link to comment Share on other sites More sharing options...
robin hoodlum Posted January 12, 2007 Report Share Posted January 12, 2007 surely fuses are short on a bear board these days. My apologies if my extreme and demented sarcasm was taunting to any of my fellow bears. Truth is its self flagellation, as the person i am really taunting is myself. using sarcasm helps stave off the "episodes" ....... if the stool had a resident shrink, i would sign up..........doc may consider office hours... hey I love this place; bulls, bears and the cross dressers that swing both ways without conscience............. sorry again if i offended anyone. peace out stoolies................... Link to comment Share on other sites More sharing options...
DrStool Posted January 12, 2007 Report Share Posted January 12, 2007 The stool does have a resident shrink! I won't out that person however. Will let the person speak for the person's own sef, should that person so desire. Link to comment Share on other sites More sharing options...
wndysrf Posted January 12, 2007 Author Report Share Posted January 12, 2007 Airlines still looking good. Transports had a great week. If oil contnues to drop, Alaska Air is probably the next big breakout. Link to comment Share on other sites More sharing options...
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