Welcome to Christmas Rally 2009! on Nov 16, 2009Why argue with facts, figures or statistics? Why fight the tape? Numbers do not lie. http://www.dailymarkets.com/stocks/2009/10/28/seasonality-patterns-in-the-stock-market/ Welcome to Christmas Rally 2009! Time to buy!
Place your bets…do not do anything stupid… on Nov 16, 2009Here is a lesson in stock picking. Look at the following chart. Which one would you pick to go long right now? I know some of you immediately look at Western Refiners WNR because it seems like the cheapest stock and will probably ha...
Ready to rock? on Nov 15, 2009...
Will Sunoco go bankrupt? on Nov 15, 2009You have to be stark raving mad to believe that Sunoco will go bankrupt. I believe the refiners have put in a short term bottom. However, I am not going to back the smaller refiners like VLO, TSO or WNR. This segment still has probl...
Keep any eye on Dan Zanger’s Oscillator and the McClellan on Nov 15, 2009 http://danzanger.aiqsystems.com/chartpattern.html http://stockcharts.com/charts/indices/McSumNYSE.html...
The Best Six Months To Trade the Stock Market – November through April on Nov 14, 2009Most people who trade the market neglect to read all of the material that is out there. Instead, they rely on blogs, message boards and second or third-hand information for their trading education. They rely on information from strangers...
Update and The Airlines on Nov 13, 2009Earlier, I cleared out of my inverse etfs for a small gain. I think the bounce scenario that I described last night might take place. If it does not, then I will simply re-enter the inverse etfs. I wanted to point out the airlines as a g...
Major bottom in OIL just occurred on Nov 13, 2009I think its time to get LONG oil. Here are the charts which demonstrate my enthusiasm. There are several individual names you can play as I have mentioned in the past, but the more I trade the oil related stocks the more I believe its wise to...
Looking at Force Protection FRPT on Nov 13, 2009I am going to be looking more closely at this stock. Somehow, I do not believe the United States or Britain can live without this company. All of the other vehicles out there I see do not seem as survivable. Which vehicle would yo...
Trading bankrupt equities on the pinksheets on Nov 13, 2009Several weeks ago I posted a chart of Vermillion VRMLQ.PK, a bankrupt biotech still trading on the pinksheets, just to demonstrate the potential of these stocks. In my wildest dreams, I would have never imagined this type of price action. No, I...
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