Happy New Year

Wishing everyone a Happy New Year.

Thanks for stopping by.

Top short for '08: First Solar (FSLR)

This is not my idea !!!

Best Stocks for 2008: Growth from fertilizers at Terra Nitrogen (TNH)

Keep Picking Up FCX Shares

Last Day

I just don't understand when people ask, "What do you think the market will do on the last day?"

That's like asking, "What do you think the outcome of a coin toss will be?"

It's not what the market will do, it's how you take advantage of it.

For me, if there is a gap down on 12/31, then I am buying.

Simple as that!

1stDay, 1stWeek, 1stMonth

They all need to be positive for the market to be up in 2008 according to Stock's Trader Almanac.

I will put up some correlation charts on links I like.

Worth It?

Click on title to read.

Look at the professionals charging a nice amount of money.

But when put to the test, they performed miserably.

Remember, in a bull market, even a chimp can make you money.

It's the performance of a bear market that makes a huge difference.

If you want to pay somone to lose your money, then pay me.

I won't do a good job at it.

Books on Investing

*Online Coupon X8X9X3K Offer Details:
This coupon can be redeemed once online at bn.com per customer. This coupon is not valid at Barnes & Noble College Bookstores or Barnes & Noble retail stores. Full payment must be made with a valid MasterCard card. The 40% discount will be applied to the online price of the most expensive eligible book in the order — not the entire purchase. For Members, the discount will be in addition to Member discount.

I purchased:

Your Next Great Stock: How to Screen the Market for Tomorrow's Top Performers by Jack Hough (Author)

Do you feel lucky?

If you see STP between 79-80 that is a BUY!

BUY CIEN CALL

Ciena Corporation
$35.00 CALL 01/19/2008

The CALL is trading at $1.15.

If CIEN hits 40, it will be worth $5.

Warren Buffett's Quote

If past history was all there was to the game, the richest people would be librarians.
Warren Buffett

BUY SIGM

http://biz.yahoo.com/tm/071228/16609.html

OBV looks to be turning around.

OVERSOLD.

Bouncing off the 100ema

ten-predictions-for-2008

Must read and re-read and keep on the kitchen refrigerator.

BUY SYNA

At this point, you either trust me or you don't.

BUY GBX

Click on title for chart.

Another 4.8,21 signal.

Remember to put stop loss and protect profit.

Warren Buffett Deal Play

BUY VMW

Click on title for chart.

Sell if it closes below 85 and does not go up the next day.

Updated 12/27/2007

I got in at 85.80. I am planning on holding until 83.

http://www.fool.com/investing/high-growth/2007/12/26/the-best-value-stocks.aspx

BUY AKS

Click on title for chart.

Another 4.8,21 signal.

Remember to put stop loss and protect profit.

Happy Holidays

Wishing you Happiness, Wealth, Longevity!

December 21, 2007 The Wolves Return to LDK

Revisiting TWM

I just hate it when people ask you, "Are you working hard?"

My answer is always, "I try not to work hard, but work smart."

Click on the tiltle to read about TWM.

Question about LDK

Click on the tile to read.

MOO

You need to consider agriculture going forward as a long term investment.

DRYS

It looks like the market will try to keep DRYS under 70 so that CALL options expire worthless.

It is holding 72 today, but hang on to your seat.

fortune8 —1 day ago with 2 points

Please login to rate.

Unless DRYS breaks 72 on the closed, I am looking for at leat 80.

If it bteaks 80, then 85, then 90.

Not sure why it is selling off today.

http://notablecalls.blogspot.com/2007/12/dryships-nasdaqdrys-shares-are.html

LDK

I am hoping LDK hit 50, just a little above 21ema.

Very nice article on LDK here as well.

http://vixandmore.blogspot.com/2007/12/gap-city-ldk.html

Broken Seasonals Suggest a Bear Market

Something to consider.

It’s Time To Give Away Another $10 Starbucks Gift Card

Click on title to go to website and enter.

A little wager

fortune8 said...

fortune8 said...

In November, I gave you QLD@99 and that it would close above that by month end; otherwise, I would not post here anymore.

Now, I am giving you QQQQ will close above 51.50 by month end or I wont post anymore.

Take that!
December 14, 2007 12:06 AM


The above is my call. If you don't agree, then repsonse to it for a latte.

December 14, 2007 9:51 AM

shawnrains said...

Fortune,

I will take the QQQQ below 31.50 for a Latte.

December 14, 2007 10:53 AM

I think he meant 51.50

BUY VLO (4,8,21 cross-over)

See the nice base it made?

BUY TWM

Do you know how hard it was to buy TWM this morning?

Did try to short LDK from two accounts and got rejected.

12/12/2007 09:32 AM

LDK

100

Short

$62.00

Rejected

Detail

Quote

DUMB, DUMB. DUMB

Oh Ben, what have you done and when will you ever learn?

I posted this at beanie.

fortune8 said...

DUMB, DUMB, DUMB!

In hindsight, it was not very smart not to have any hedge before the Fed meeting. I was convinced that NASDAQ would not closed above 2800 by the end of the week.

Watching and waiting for IWM to hit 80/82 to buy TWM. 79 seems to be close enough and would have been a good hedge. Worse case scenario, is to sell TWM for a small loss.

Take a look at SKF, not much to lose but a lot to gain.

Lesson Learned.

SNDK

SNDK is holding up relatively well considering the sell off in the market today.

Makes we wonder. The longer it base around 38-39, the larger the break out will be.

Just hope it does not close below 38.

Short LDK@61

LDK did make a slight bounce into the close.

Not sure if the stock will fill the gap.

However, if you have profit, then protect it.

BUY SYNA

Another 4,8,21 ema cross over.

Einstein's Riddle

I came across a derivative of Einstein's Riddle and thought it was fun to solve.

According to Einstein, 98% of the world cannot solve it.

The person who has fish has a neighbor who drinks water.
The person who plays golf has a neighbor who has birds.
The teacher has a neighbor who drinks coffee.
The owner of the red house is a salesman.
The green house is to the left of the blue house.
The lawyer drinks milk.
The person who plays badminton has a neighbor who drinks tea.
The accountant lives to the left of the person who has cats.
The fourth house is the white house.
The owner of the yellow house plays badminton.
The doctor has cats.
The person who has dogs lives to the left of the person who plays chess.
The owner of the blue house plays chess.
The third house owner plays tennis.
The person who plays bowling has hamsters.

Who is the beer drinker?

Trade Trigger

My active trade trigger:

If IWM's bid increases to 80 then buy 100 shares of TWM at market on SmartEx and beep. This conditional order will remain active for up to 60 days and may trigger as a result of a stock split or other corporate actions.

Take a look at the chart.

IWM vs TWM

80 may be too early as IWM may hit 82. But it's close enough already.

12/10/2007 - Modified

If IWM's bid increases to 82 then buy 100 shares of TWM at market on SmartEx and beep. This conditional order will remain active for up to 60 days and may trigger as a result of a stock split or other corporate actions.

Jim Rogers Says Put Your Money Where His Mouth Is

"Based upon historical market patterns, the current commodity bull run could last until 2014 - 2022, offsetting the bear market during the 1980s and 1990s."

- Commodity expert, Jim Rogers
London (Dow Jones) December 12, 2006

Source:
http://www.safehaven.com/article-8986.htm

Dec. 4 (Bloomberg) -- Jim Rogers has three pearls of investment wisdom to pitch: ``Get out of the dollar, teach your children Chinese, and buy commodities.''

Source: http://www.bloomberg.com/apps/news?pid=20601213&sid=ah7ozlRydXyI&refer=home

Sell the Rally

Please go read the commentaries.

BUY STP

fortune8 said...

BUY STP@74.50 or less.

December 6, 2007 3:45 PM

Here is someone who added STP today as well. TraderMark is very thorough with his analysis.
adding-solar-exposure-today-solarfun

SNDK BUY Using 4,8,21 ema

Here is the chart. Give it a chance to work before giving up on it.

It's not easy to catch one of these mid-day.

Top 5 Guaranteed Ways To Lose Your Money Investing

Go read the article.

I Learn Something New Today

Use the 4, 8, 21 ema cross over as a buy signal.

BUY: when candle opens below and cross over 4,8,21 ema

SELL: when close below the buy candle

Read more about it here: Filtering Wall Street

Better hurry before the site is taken down.