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Sunday, November 25, 2007

VMware IPO - Great long term investment value

Someone who knows what he is talking about.

Managing Risk Using Options

You might be interested in Protective puts: Long stock position and long puts in equal quantity as a hedge to your portfolio.

CF Chart

OBV increasing as the stock is going down means buyers are buying the dip.

EMA is calculated using average close.

As long as the stock does not break 78, it is a buy.

Saturday, November 24, 2007

Friday, November 23, 2007

Is a Bear Market Developing?

I am not a bear, but I don't ignore the facts. It's a must read.

Sunday, November 18, 2007

This is why I use Firefox with NoScripts Add-ons

I have the ability to allow / ignore JS on the page.

I understand bloggers make money via advertising.

But WTF! Make it unobtrusive versus in your face.



As the Calendar Turns, So Do Many Stocks’ Fortunes

Shocked, Surprised, Pleased, Ecstatic.

Hey Beanie,

Thanks for adding me to your blogroll.

Please be aware that I don't blog very much.

The main reason I put up this site is to justify my mad reasonings at Beanieville

I got tired of putting up the same information in the comments section so I put it here.

Thursday, November 15, 2007

Monday, November 12, 2007

Shorting Against the Box

That is a very good article to read.

Here is an example.

You purchased 100 VMW @ 114.

VMW breaks support @ 104 can could possibly go to 96/93/85/82/73.

You don't want to sell VMW because you are already down 10 pts. But then if you hold it, it can go down further.

What you can do is short 100 VMW @104.

You MINIMUM loss is 10 points. Your maximum loss is unlimited.

Let's say you cover VMW at 84.

This wll give you 20 pts gain on the SHORT and 30 points loss on the LONG, net 10 pts loss.


No one could predict how low VMW can go. But if you look at the charts, the possibility of the stock falling to a price is more likely as the stock continues to break support and does not reverse course.

How many of your drives a brand new car paid for in cash and not have full coverage?

Saturday, November 10, 2007


beanie recommends OIH short

ft mentioned DUG.

Here is the chart for DIG and DUG

Point and Figure Charts @

Chris has a very good write up about P&F charts with an exercise.

While you are there, you can read about Market Corrections, Bears and the Big Picture

Another good site The Power of the 200ma

Friday, November 9, 2007

Monday, November 5, 2007

Saturday, November 3, 2007

The Bonddad Blog: Two Charts of the SPYs That Should Cause Some Concern

Another point of view from The Bonddad Blog.

Visit the site to read more about it.

Friday, November 2, 2007


Significant Numbers To Watch

13021 - Support, the 9/10/07 low
13603 - 50-day simple moving average
13161 - 200-day simple moving average
13359 - 50% retracement of the 08/16/07 low to the 10/11/07 high
S&P 500:
1439 - Support, the 9/10/07 low
1503 - 50-day simple moving average
1479 - 200-day simple moving average
1473 - 50% retracement of the 08/16/07 low to the 10/11/07 high
2536 - Support, the 9/10/07 low
2663 - 50-day simple moving average
2560 - 200-day simple moving average
2610 - 50% retracement of the 08/16/07 low to the 10/11/07 high

11/02/2007 Charts

How to play the market.

When there is fear, buy QLD.

When there is greed, hedge by buying 20% SDS and 20% DXD.

Example: If you have 10,000 invested in QLD, hedge by buying 2,000 SDS and 2,000 DXD.

Thursday, November 1, 2007


Notice how close the price came to the weekly BB for QQQQ before today's reversal.


DateOpenHighLowCloseVolumeAdj Close*

DateOpenHighLowCloseVolumeAdj Close*

DateOpenHighLowCloseVolumeAdj Close*

CROX Chart