Short term trades in the stock market •$$$$$•

[TNTBudSticker]

The war in Libya,I thought would be just the no-fly zone.Nope..bomb the heck outta their army and stop what they're doing beyond Libya like supporting those Somalia pirates out in the open ocean.I'll bet those pirates will not last any more or at least it will cut down with Libya out of the picture.

Oil went up to $103.As long as Nato forces are there in Libya.Oil may keep climbing.

 

[Madrus Rose]

Madrus and his crazy charts. I was up 250% in Jan then down 100% in Feb then +200% in March. I'll take it!

you follow LPH ? Junk chinese oil mentioned on the NEP board...
looks like NEP holding that double bottom , still concerns of the
way these chinese do up their numbers ...

well they just used up 124 cruise missles at $1/2mil to $1mil each....so time
to look up a few defense stocks like RTN since think they make them
http://finance.yahoo.com/q/cq?d=v1&s=^dxs+ba+beav+col+dpm+gd+ge+frpt+flir+lmt+noc+rtn+utx+txt

RTN well got the big runnup in Jan , again there's the double top right at $52.75 for the
short ...teeny moves , stodgey ...CCI indicating bounce soon .( yuk , hate these stocks )

 

[Madrus Rose]

Prelude to the Muni-Bond Meltdown.

Economy's strain on local governments grows severe Associated Press
Summer of Recovery 2.0?

Here gramps , a vid -interview today with Jim Rodgers, famous investor based in Singapore
http://en.wikipedia.org/wiki/Jim_Rogers

Jim Rogers: Close the Federal Reserve!

http://finance.yahoo.com/blogs/breakout/jim-rogers-close-federal-20110321-082702-978.html

Last week's action by the Federal Reserve allowing TARP banks to resume stock buybacks and increase dividends was just the latest example of the Fed's willingness to inject itself into theoretically free financial markets. "Breakout" spoke to investing legend Jim Rogers to discuss the Fed, Japan, and stock and currency markets.

After Rogers ran through a sharp critique of Alan Greenspan and Ben Bernanke, we played Kingmaker and asked him what he would do were we to make him the Federal Reserve Chairman.
"I'd shut it down," Rogers told us without hesitation.

cont'd

Also

Fed to release data on crisis loans to Wall Street banks

http://finance.yahoo.com/news/Fed-t...html?x=0&sec=topStories&pos=main&asset=&ccode=

 

[SpasticGramps]

I love Jim Rogers. He tells it like it is.

Fucking FED. Bunch of criminal gangsters robbing everyone. I don't know what's worse. Is that they've robbed us blind or that we've let them do it and ask for them to rob us some more?

 

[TNTBudSticker]

MMG looking cool now.Limit order of $1.03 didn't go so I tried to buy more at $1.11 today..Haven't sold anything but up by $4,600 with 36,000 shares...lol

( I'm thinking Charles Sheen...winning ,winning )

I'm going to try another website since the Cramer's website keep canceling my trades for 2 MMG market orders.Geee man,I tried to get 7000 shares on friday and system canceled it.And even today too. Booo! I'm suppose to have $50,000 to trade with out of $250,000.

Been in the market for a long time and never had so much fun with MMG as with any other cheap stock.

Find the bubbles,find the pennies.

 

[Madrus Rose]

JBHT ODFL WERN LSTR SWFT HTLD .... most all of these truckers went unfazed by last 3wks of distress in the markets with rising oil & gas prices but find these trading at or near their highs ....CNW chart was positive & hit new highs all thru the Japan quake into today ...all candles green . WTF?
http://finance.yahoo.com/q/cq?d=v1&s=ABFS+CVTI+CMI+HTLD+JBHT+KNX+LSTR+ODFL+SWFT+USAK+WERN

Might think boring stocks but $TRAN very much the weather vanes of economic health especially FEDX UPS ,truckers & the Rails ...spring traditionally offers some rally for the airlines who have been hiking fares .

But not all the truckers have been happy & once high flyer YRCW that was/is threatening BK over possible failure to meet a milestone huge Union Retirement Fund debt ,
http://blogs.barrons.com/stockstowa...ing-payment-new-filing-says/?mod=yahoobarrons

Then just announced today they were hiring 1000 drivers ...bears watching & following this & see if they get bailed ...nice 100% gainer on this catch in a day ....if they pull it off a 10bagger .
A "trucker's dream"

 

[Madrus Rose]

Madrus and his crazy charts. I was up 250% in Jan then down 100% in Feb then +200% in March. I'll take it!

Crazy charts ? lol...now i said that double bottom on NEP
could be bought of the dips to that $4.30 area ...trading now
10% higher @ $4.70 today ...creeping up!
(chart really did display perfect classic double bottom bounce)

NEP also got an honorable mention today in the Fool's Gold
small cap investing section

" This Stock Is a Double-Bagger "
http://www.fool.com/investing/small-cap/2011/03/21/this-stock-is-a-double-bagger.aspx

* If were possible to have shorted 5k shrs each of BDCO (hard to borrow ) & what was that other high flyer junk oil that popped ?
BDCO pop to $9 now trading at $5.40 ...

 

[Madrus Rose]

Oh it was LEI which popped from $2-$5...then pulled back to $3
http://www.icmag.com/ic/showthread.php?p=4288401&highlight=bdco#post4288401

creeped back up again touching $3.75 , now at $3.47

 

[Sam the Caveman]

Been looking around for a different broker to use besides tradeking, which I was set on using, and found MB Trading.

Stock trade prices are just a tad more (~$5) than tradeking($4.5) and the margin interest is ~1% more as well, but their intraday margin maintenance is 25%. This will help out so much with tolerating the 3 day closing period bull dung. And they offer futures trading.

So, an account opened with $2500 cash will have $10,000 worth of buying power. So if I want to maximize my 3 intraday trades per week, I could make a $5,000 intraday trade on mon, tue and thur. When you compare this to tradeking's 50% maintenance margin, I would only be able to make 3 $2500 intraday trades per week.

Now theoretically those are the max amounts you could use, however it wouldn't be wise because if your position turns against you, you could get in real trouble. So, I'll probably aim for ~80% of theoretical potential, and I would even consider that pushing it.

Took a trade (paper) in PRAN today, entry was 3.91, exit was 4.08, + 4.3%.

 

[TNTBudSticker]

Citigroup will reinstate a penny-per-share dividend and do a 1-for-10 reverse stock split.Pension funds and mutual funds are barred from owning stocks that trade below $5,which has been the case with Citi since early 2009.Under Citi's plan announced Monday,every 10 shares of its stock will be exchanged for 1 new share as of May 6.

The amount of Citi shares outstanding will drop to 2.9 billion from 29 billion,which will also make the dividend payout lighter on Citi's pocket which is a penny per share.

So it will be $44.20 as of today.I rather own Wells Fargo.

 

[Madrus Rose]

Oh it was LEI which popped from $2-$5...then pulled back to $3
https://www.icmag.com/ic/showthread.php?p=4288401&highlight=bdco#post4288401
creeped back up again touching $3.75 , now at $3.47

Energy's & Oil's , drillers , gas... still the hotties and those pullbacks on little poppers LEI BDCO & ROYL found them all popping today again ...

LEI $4.05 = +.58 up 16%
BDCO $6.95 = +$1.55 up 28%
ROYL $6.02 = +$1.02 up 20%

Little china miner/minerals CHGS
led the hit parade up 63%

* honorable mention goes to DANG up 11% ....dang was going to mention that last night ! Looked way oversold & ready for a bounce
http://stockcharts.com/h-sc/ui?s=DANG&p=D&b=5&g=0&id=p54461237711

** And dang again for XING popped too , wished i'd looked at this chart
for perfect bounce off long term support & the oversold @ $1.80 up 11% .
http://stockcharts.com/h-sc/ui?s=XING&p=D&b=5&g=0&id=p38853132232

maybe time to do some quick looks at the Chinese beaten down babies YONG CHLN ? SINA creeping back up to High near $95 ..CTRP really beaten down but bad chart ..
http://finance.yahoo.com/q/cq?d=v1&...na+snda+snp+ssw+sohu+watg+xing+yong+yoku+zstn

 

[Madrus Rose]

$GOLD $1430 & the GLD bumping up against that quintuple top again @ $140 with $SILVER hesitating at former high (double top here ) @ $36 threatening a little breakout ...will it ?

some bounces for the Metals & Miners
http://finance.yahoo.com/q/cq?d=v1&...p+FCX+GFI+GG+GSS+GOL+mmg+NEM+paas+rio+svm+slw

"He who's got the Gold , makes the rules " ....right gramps ?

(unless you can just print more money ! lol)

 

[zenoonez]

CHGS being pushed hard with heavy volume, looks like its being played by some fund manager, SHZ being pushed too if you are looking at chinese companies. Certainly a horse to be looking at.

 

[Madrus Rose]

yep CHGS taking another little ride ...good 'ol Yahoo Key statistics always the float numbers & CHGS is a small 9mil floater .

SHZ only 25mil or so, one i dont think have on the China list but do now ...was scraping along the oversold @ $3.50 litlle mining resources play they decided to run ...trading near $5
http://finance.yahoo.com/q/cq?d=v1&...na+snda+snp+ssw+sohu+watg+xing+yong+yoku+zstn

CHGS been getting alot of mentions in Seeking Alpha &
The Street.com
http://finance.yahoo.com/q/h?s=CHGS&t=2011-03-23T08:53:55-04:00

SINA & BIDU been getting pumps since last week SINA testing double top here @ $97 and may do $100 ...has the Wiebo IPO coming
http://stockcharts.com/h-sc/ui?s=SINA&p=D&b=5&g=0&id=p14074135943

 

[Madrus Rose]

BIDU ...the google of China !

geting the pump , test of D-top here ...SINA very similar chart
these are run with the crowd & short only very cautiously
as they are money makers , not POS's .

*They can get very Overbought until they decide to pullback ,
larger Hedgefunds love to run em ...but getting near

 

[Madrus Rose]

Gold & Silver making those new all time highs & oil surging to $106 with maybe even a higher ticket for it in coming days ...mining stocks all green today the GLD siting right on $140. They may have built in enough fear premium going into the weekend with Libya but at some point they have to really start the inflationary worry theme with these rising oils & materials costs .

the china web stocks all green due to China blocking google's G-mail....SINA BIDU SOHU all up along with Petro China, PTR so the Chinese oils should be hot after China Offshore driller CNOOC reported earnings today (CEO) .

They always find something to throw money at , they have to place bets everyday so they rotated into the miner/materials group with Alcoa leading the DOW.

 

[Sam the Caveman]

I was watching CHGS today, and all I can say is, wow, talk about a bear takeover.

 

[TNTBudSticker]

Well,MMG takes off again from $1.00 and now at $1.23..Yay !!

I agree with BIDU being in place of Goggle in China since They left China.
I didn't sell the CENX stock and now have several backings like Cramer saying the Aluminum might just take off from other people needing materials.

With Japan needing maybe more earth movers like DE-Deere and CAT-Caterpillar since someone said that something like this happened before and they ordered more Machines from them.So this might be a good thing to considered.

I was reading that Raytheon Company-RTN might make more cruise missiles since the Libya war shot off at least 100 of them at 1.6 million a piece.They even increased the dividends.

The Fool's Portfolio is at a stable 325 and I might get out of Citibank since they will do the 10-1 reverse split and have to watch the Bears bring that $40.00 stock down to nominal level for whatever it's worth.I really don't like the penny dividend every 3 months.Bahhhh I'll find something else.The Fool's is allowed at least 8 stocks or it won't be counted daily.

 

[Madrus Rose]

Check out CHGS website ,
http://www.gengsheng.com/

What a lot of collosal fanfare on the main greeting page ,
music is like one of the battle scenes in the Gladiator !lol

for a company that just provides proppants or ceramic beads to the big oils for drilling purpose , also into fine silica abrasives for polishing which is pretty boring & ceramics .
Pretty dull stuff...only a weak periphery oil play as it turns out & not a miner either .

 

[Madrus Rose]

Ciggies went on trading up at new 52wk highs after the FDA menthol ruling .. LO MO RAI & PM ....whats doing good in the market ? Cigarettes!
http://finance.yahoo.com/q/cq?d=v1&s=lo+mo+rai+pm

LO was heavily shorted and they got caught leaning , almost 6days worth to cover and when this happens traders like to stick it to them ...but its musical chairs from here on as the stock is completing one of those parabolic moves that rarely gets sustained .

LO added $2bil worth of company value in just the last 3days , should be
a short now on any last lunge up ...but it was merciless today on the shorts again