otis my man

S&P target: 1110 – 1050
Dow target: 9950 – 9400
Russell target: Well, the Russell is still 650.
NASDAQ target: 2021 – 1930

That’s my story and I’m stickin’ to it!

Originally posted as a comment by Otis_J_Francis on The New Slope of Hope using Disqus.

SCIBBY the contrarian

NEW RULES IN PLACE, SHORTS GONNA PANIC… WILL TRIGGER DEMAND FOR SHARES… SO LOGICAL… BUY FINANCIALS, UP 10% TOMORROW, EASY DOUBLE IF U’RE IN CALLS. SO OBVIOUS!

Originally posted as a comment by scibby on Beanieville using Disqus.

Here’s the right idea

IMHO, each rally (caused by Treasury/Fed action) will become shorter. Just look at the history.

Besides, we have WM, Wachovia lined up now. Based on reports, WM has serious issues with its assets/loan portfolio.

Having said that, we could have an intermediate bottom, but this doesn’t feel like it. I am still thinking about buying more puts tomorrow.

Originally posted as a comment by skhadye on The New Slope of Hope using Disqus.

This guy is absent from the universe

I’ve been watching the Bullpen while riding this last wave down. I’m expecting a 3 wk to 3 mo. rally beginning as soon as tomorrow. I’ve noted Tim has entertained a change in hats soon too so in the interest of sharing….

Long plays:
Select retail issues have been resilient lately even in spite of the thrashing the market’s taken. BKE and ARO are now close to their 52 week highs – yes you read it right, highs despite Armageddon unfolding.

Secondly and most important VOLUME is up on both today. Volume is the “tell” in trading IMHO. Both of these have experienced significantly higher than average volume while advancing- particularly BKE.

And last technically, both appear to be basing. ARO is might be construed as a Cup n Handle although it’s a sloppy. Nonetheless, take note if it surpasses $37.3

BKE is primed. It’s showing a high-tight flag, has been held in consolidation for the past 2-3 weeks, and booked it’s 52 week high today on 60% above avg vol .

This last one is a loaded sling-shot (if you can still catch it) …. SYUT. If I can still get it anywhere near $15 then “sit down, shut up and hang the F*#k on”.

Good luck all

Originally posted as a comment by neutrino on The New Slope of Hope using Disqus.

Vodka

GS always surprises on the upside and it’s down 15% today.

Originally posted as a comment by vodka_tonic on Beanieville using Disqus.

LISA

my shorts:

My shorts: FSLR, SOHU, ENER, FSYS, BIDU, RIMM, QCOM, LM, COF, XLF, XHB,PHM, POT, CF
Long: SKF, SDS,

Originally posted as a comment by lisa on evilspeculator using Disqus.

2sweeties SPY 1100 = 100% GO LONG GO LONG

mmm…

hope so for everybody short at the moment, but I believe 1100ish is very likely to hold for this round of carousel

http://2.bp.blogspot.com/_pudPq5vIMqA/SM4LgJTFV…

Originally posted as a comment by 2sweeties on The New Slope of Hope using Disqus.

2sweeties

Amazing market!!!!!!

A bounce is in store soon (according to my imaginary letter it should be on Wednesday… )

medium term 1100 SPX should hold or around there, odds are at 100% weekly at that level

the interesting thing would be to see if from 1100 SPX we’ll develop a massive Bear rally or only some bouncing around and then a (final) crash/push down to hell…

Good luck to the next US President, sure G.W. Bush and his gang of crooks will leave him a great country.

Originally posted as a comment by 2sweeties on The New Slope of Hope using Disqus.

this guy is going to wake up to BIG LOSSES on Tuesday

What I’m holding right now:

Short: BTT, BGC, BIDU, BWLD, C, CCJ, CME, DECK, GCI, GOOG, ICE, LM, LVS, MBI, NIHD, OI, RIMM, RKH, TXT, UBS, WB, WYNN, XL, XLU, IWM

Long: PAAS, DBS, GIS

Originally posted as a comment by molecool on The New Slope of Hope using Disqus.

NUE MTL IAM-L

taking a look at both NUE and MTL tomorrow…

Originally posted as a comment by IamLegend06 on The New Slope of Hope using Disqus.