Thursday, March 13, 2014

TRADE IDEAS FOR TUESDAY, MARCH 11, 2014

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LONG FB

LONG XEC

LONG M

SHORT TWTR

SHORT CLGX

TRADE IDEAS FOR MONDAY, MARCH 10, 2014


I don't like the company, I don't like the sector, I don't like what the major indexes have been doing, and the futures being down pretty good tonight doesn't help matters, especially with the steel cousin COPPER getting hit hard again tonight after China's huge trade deficit was revealed Friday night, BUTT, I have to admit, that's one of the best looking R/R setups I can find, about .35 cents to be exact, as you, OBVIOUSLY, don't want it under 6 bucks. If the thing can break above that bee-U-tee-FUL trend line it has an "EQUAL MOVE" potential of going to about $9.50.

Forecastis (which has a track record of about 50%) is projecting the following stocks to be higher over the next 10 days to 10 weeks: NKE, FL, QIHU,  BIDU, GLD, DIA, FTK, DIS, DD, CAT, AXP, AAPL, GDX, GOOG, EBAY, JCP, TSL, SBLK, BIIB, CIEN, TXN, IWM, HA.

BEARISH: SPLS, MDVN, CYTR.

John Carter, not of Mar's, but of "Simpler Options", who, by the way, made a VERIFIED million dollars last year, like's BIDU to $195 and CMG on a little pull back.

I personally think we go higher into the end of April, then crash 50% into July-August-Sept, then gain 100% after the election when NO VOTES are cast for ANY BODY in Congress and the Senate, and they are both disbanded, but, HEY, THAT'S JUST ME! How come I never see any thing in the press about how our GDP DOUBLED after they shut down the government, hahahahahahahahahaha................

STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS, OR EVEN WORSE HAVE NO STOPS IN PLACE, YOU WILL UNDOUBTEDLY LOSE ALL YOUR MONEY. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES.
CAUTION IS ADVISED. 


How Watching Market Psychology Can Help You Time the Market
Elliott wave patterns in price charts reflect the struggle between the bulls and bears
By Elliott Wave International
Two economic reports hit the newswires Thursday morning (March 6). Both were important, yet each one had the opposite implication for the trend. The market chose one report over the other, and the question is, why -- and what can we learn from that?Read more.

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