Blue Chip Bulldog - Latest Comments in Charts to Watch

Re: Charts to Watch

GreekGod — Fri, 23 Oct 2009 18:57:58 -0000

No not yet. How's things in Aussie land?

Re: Charts to Watch

springheel_jack — Fri, 23 Oct 2009 06:15:37 -0000

and thank you for the charts Dutch.

Re: Charts to Watch

Dutch — Fri, 23 Oct 2009 00:43:15 -0000

You are a man of your word. Thanks for the links.

Re: Charts to Watch

Dutch — Thu, 22 Oct 2009 10:40:07 -0000

Thanks. It's about time I put up some charts because a picture is worth a thousand words right.

Thanks guys.

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 09:08:44 -0000

FCF reported...other than some commercial....not bad.....

Re: Charts to Watch

moo — Thu, 22 Oct 2009 09:08:14 -0000

New Post.

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 09:03:01 -0000

This is OK.....but Market Watch is the best (Pay Site)

http://www.streetinsider.co...

Re: Charts to Watch

GreekGod — Thu, 22 Oct 2009 08:59:21 -0000

Yes I do Taz......send me your address and I'll send over your favorite drink (wine, whiskey, or soda) Still in @ .68 and I think that this could well be my 10 bagger...too bad I only bought 5k shrs. more shrs didn't go thru so I brought it down to 5k.
RNN could go to $2 in a month.

Re: Charts to Watch

Wahoo — Thu, 22 Oct 2009 08:55:40 -0000

Does anybody know of a charting site that shows the after-market and pre-market moves live?

Re: Charts to Watch

Wahoo — Thu, 22 Oct 2009 08:49:15 -0000

Good morning Taz. I've been scanning the results of earnings released this morning too and most of the notables look pretty good. We may see the opening up in spite of yesterday afternoon.

Re: Charts to Watch

Wahoo — Thu, 22 Oct 2009 08:41:27 -0000

Dutch, nice charts.

Re: Charts to Watch

Sentiment_Al — Thu, 22 Oct 2009 08:39:31 -0000

Actually, horsepower was moderate...the number of positions was simply due to trying to have a lot of hooks in the water during earnings season, and the selling and hedging was pretty automatic in light of the sharp downdraft.

So, the room was filling with smoke not because of spinning wheels but because frustration makes smoke come out of my ears like in the cartoons...

Re: Charts to Watch

springheel_jack — Thu, 22 Oct 2009 08:36:30 -0000

I wouldn't disagree with any of that Leo.

I'm missing the open today, which is a shame, as it looks like there might be a gap up which would most likely fill, but I'm leaving an ES order to play a bounce at the 1069 - 1074 level.

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 08:34:26 -0000

Good morning Chuck....my AKNS @ 1.11 might play.....results were not bad....I will probably dump @ open......

Grabbed BEE @ 2.18 and ULBI @ 4.32 prior to close...

Re: Charts to Watch

Wahoo — Thu, 22 Oct 2009 08:28:29 -0000

Good moorning folks.
It looks like it's going to be a great day in the neighborhood.

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 08:25:30 -0000

Careful with the Swine Stocks today....

Thousands of Swedes have been vaccinated so far and the reports of side effects are "flooding in" to The Swedish Institute for Infectious Disease Control (SMI). Annika Linde: "It is obviously so that the vaccine against the swine flu results in more side effects than the normal flu vaccines. That is because the swine flu vaccine contains adjuvants, shark liver oil, which triggers the immune defense to respond. That also results in that the protection against the virus becomes better."

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 08:21:53 -0000

GG owes me on this one.....I believe he is still in @ .68.....I was greedy and wanted a fill @ .67...did not fill....

Rexahn Pharmaceuticals Rallies 11.5% on Positive Study Results for Cancer Drug Archexin 10/22 08:19 AM

Re: Charts to Watch

Tazman — Thu, 22 Oct 2009 08:19:27 -0000

08:18 AM Eastern Daylight Time, 10/22/2009 (MidnightTrader) -- Some of the stocks moving on news-driven events in today's pre-market include:
MI, -2.5%

ERIC, -7%

T, +3.5%

EBAY (EBAY:$25.03,00$-0.03,00-0.12%) , -3.3%

TQNT, -19%

AMGN, -2.4%

BEXP, +4%

LOGI, +8%

HBAN, -2.5%

MCD, +2%

XRX, +2.5%

HTE, +33%

RODM, +5.5%

JCG, +9%

DOW, +1%

SDXC, +21%

FFIV, +9.5%

EMC (EMC:$17.51,00$-0.21,00-1.19%) , +1.5%

QLGC, +1%

AKNS, +3.5%

TEX, -7.5%

RNN, +11.5%

Re: Charts to Watch

Red Dragon Leo — Thu, 22 Oct 2009 07:51:38 -0000

Jack,

If we break 1020, then P2 top is in. Next down is 998-1000, then 980, and finally 950-955. Those all should produce nice bounces. It's all about the jobs number today. I'm looking for a small 38%-50% retracement backup... only if the jobs numbers come in under 500k. If they are over 520k, then I look for more selling. I also think that many of the big boys will sell on Friday as they don't want to be long over the weekend. At least not at this high levels.

Re: Charts to Watch

Mr. Tuxedo — Thu, 22 Oct 2009 07:21:49 -0000

Plus one for that Dutch.
I especially like the KBW chart.
Ken Heebner of CGMFX has been green the past 2 days and money centers have been his focus, so he's hedged somehow here near term.

Re: Charts to Watch

humble1 (tm) — Thu, 22 Oct 2009 07:11:35 -0000

the scary drop into SPX 1080 yesterday and the stop run of friday's lows is the signature of a BOTTOM . indeed, 10/20 just might have been a major low before a vertical run north.

10/21 is the Golden Mean extension by Lucas Waves of two key lows, explained herein:

http://siliconinvestor.advf...

Re: Charts to Watch

Mr. Tuxedo — Thu, 22 Oct 2009 07:09:22 -0000

What else could he do? Not a small area, 10' x 6'.
He had plenty of shoes to sniff.

Flat/double tops produce market drops ( E-Mini Russell Dec. bar chart) and Dow transports also.
S & P E-Mini (a following index, has not complied and is staying in its primary but broke its secondary parallel channel. Dow transports indicator RSI showing downside, and slow stochastic also.
Oscar says pullback of 2-3 days and then buyers come back, somewhere around 1045.
Not keen on buying dips here, just one limit order on STO at $24.47.

Re: Charts to Watch

springheel_jack — Thu, 22 Oct 2009 07:07:46 -0000

Dutch, I see what you mean about running the trendline back to November. That really is interesting and strengthens that upper trendline considerably. Many thanks. +1

I'll be posting the link to your post here on a couple of other boards so a maximum number of people can see it.

Re: Charts to Watch

springheel_jack — Thu, 22 Oct 2009 07:03:59 -0000

If the last wave up of the rally has indeed finished, which it most likely will have done IMO if we close below 1073 today or tomorrow, then here are some potential bounce points for the end of the first wave down:

http://www.screencast.com/users/springheel_jack...

The first bounce point is the main rally trendline at 1055, though there seems some confusion over where this is. I put it at 1055, kemal_1 agrees, but I have seen this put at 1035 and 1045 as well overnight. This would be the least satisfactory bounce point as it would leave too much doubt over whether the rally was indeed over & wouldn't be setting up another termination pattern that I could see.

The second bounce point is the lower channel of the Broadening Ascending Wedge Top pattern. This would still leave some doubt about whether the rally was over, as it would leave this termination pattern intact, but would then be setting up a sloping H&S pattern with a target top for the RS in the 1090 - 1095 area. I don't rate these sloping H&S patterns highly for reliability though.

The third target would be the October low in the 1020 - 1025 area. This would be the ideal target as it would break the other two key trendlines and set up for an H&S pattern with a target top for the RS of 1080 and an H&S target in the 940 area. One slight downside is that we would certainly need to break back through the lower trendline of the Broadening Ascending Wedge Top pattern to make the RS, but the RS would take another month to make and so we would be no more than re-testing the underside of the main rally trendline and should see an RS top in a tight range extending to about six days at the 1080 level which would give everyone plenty of time to optimise their short positions for the start of the third wave down.

Only opening and closing figures are important for these targets in my view, and we might of course just drop straight through all these levels if the impulse down is strong enough.

Re: Charts to Watch

urszula — Thu, 22 Oct 2009 06:29:49 -0000

Pleased to hear Tuxedo "ate heartily" after his incarceration. No doubt he did the sensible thing and slept through it.