Greetings and Salutations! Tried to post after registering last week, but had tech difficulties.
Jeff, I echo thanks for all you do! I have learned so much from this site, the cast and your Master Talks. As said before, I'll cover the 3 beers.
Since this is my first post, I'm compelled to contribute with an initial offering. SIX = ain't that pretty? I'm hearing Hendrix "If 6 was 9." CMCSA - this pennant is starting to wind up tighter than a 9-day clock! Oh, and I like QMAR as a H2O Transp. play.
Don't know if I should admit this or not, but Steve K. (Mr. Harami) is my trading partner. We were both in the front row at the "sign me up" IT workshop.
I have June and Julys I bought back in May. I have a tight rein on my Junes obviously...but letting them run for now. I like the increse in volume and price action of late, wich I had bought more time...
If GOOG cruises up throught %510, I see that as a new floor for GOOG and will look later on for another play.
Jeff, I can't say thank you enough for all you do. I read the blog all the time.
I was watching your videos and throughout the session you mention that a lot of the patterns will take 3-6 months to form. I know you are a relatively short term trader. Do you actually choose the expiration date that matches with that time frame? I have a hard time choosing an exp month too far out because they tend to be expensive and sometimes I lack patience. I am wondering if I am missing the movement of the pattern.
Great videos, we can't thank you enough. Is it to soon to look at DISH and see a lower high or should you wait for a lower low to form as well before looking at it as down trending.
Great videos, Jeff, with lots to mull over and select from.
To whoever mentioned EXM, I bought the stock on that one yesterday because I didn't like the price of the options. Was surprised to see it up $2.50 (nearly 10%) in one day, especially on a down day like today.
I am leaving on vacation in 4 weeks. I am new to trading so I feel like I just have to ride out my current positions and no new trades. Not enough time.
Seems like I will be out of the game for 6 weeks. Any ideas?
I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
Jeff:
Thank you for all you do. You are the man!!
I am going to make a prediction and write it down so it happens, PCAR break out this week
Posted by DavidS | 6/05/2007 08:55:00 AM
Jeff if you dont mind i would like to add to the ACAS analysis that its paying a .91 c dividend on the 6th so dont panic when it opens down that day.
Same as Fro
lets make some money !!!!
Posted by DavidS | 6/05/2007 08:59:00 AM
I think GOOG is a volcano ready to let loose..tick tick tick..
Posted by Raimo | 6/05/2007 09:11:00 AM
REDF...watch it..
Posted by Raimo | 6/05/2007 09:13:00 AM
Thanks Jeff. The videos are great as always.
Posted by Tim | 6/05/2007 09:14:00 AM
Jeff,
Thanks for the advice on ITW, I got out before the dip.
You DA MAN!
DAvid the Sailfish in Costa Rica are larger than the Marlin in Cabo, just a heads up you will not hook any 500lb near Cabo!!
Posted by Unknown | 6/05/2007 09:22:00 AM
Greetings and Salutations! Tried to post after registering last week, but had tech difficulties.
Jeff, I echo thanks for all you do! I have learned so much from this site, the cast and your Master Talks. As said before, I'll cover the 3 beers.
Since this is my first post, I'm compelled to contribute with an initial offering. SIX = ain't that pretty? I'm hearing Hendrix "If 6 was 9." CMCSA - this pennant is starting to wind up tighter than a 9-day clock! Oh, and I like QMAR as a H2O Transp. play.
Don't know if I should admit this or not, but Steve K. (Mr. Harami) is my trading partner. We were both in the front row at the "sign me up" IT workshop.
All for now. Glad to be aboard!
Jay
"Floyd Rudy Turbo"
Posted by FRTurbo | 6/05/2007 09:47:00 AM
Bob, how are you playing GOOG? Are you waiting or maybe already into some OTM calls?
JBX traders...are you holding or taking the $$ and looking for another trade...I can't decide what to do.
No time to watch the video right now Jeff but I'm sure it's awesome as always. Muchos Grassyass!
Posted by JD | 6/05/2007 10:18:00 AM
It's days like today, that we're happy to play with Puts...just wish I had more of them...still happy with what I've got though!
Of course it's nice to PAY to play!
Posted by Chip | 6/05/2007 10:27:00 AM
I have June and Julys I bought back in May. I have a tight rein on my Junes obviously...but letting them run for now. I like the increse in volume and price action of late, wich I had bought more time...
If GOOG cruises up throught %510, I see that as a new floor for GOOG and will look later on for another play.
Posted by Raimo | 6/05/2007 10:32:00 AM
Nice bounce today with a lot of volume on EXM in the hot water shipping segment.
Keep your eye on that QSII sym triangle. Earnings is up this week.
WFT looks ready to bounce.
ASFI bouncing down of a descending resistance line.
Posted by Mike | 6/05/2007 10:36:00 AM
Great day
PFCB finally turning down
CMI Breakout
WBD retest
Posted by liz & grant | 6/05/2007 11:21:00 AM
Jeff,
I can't say thank you enough for all you do. I read the blog all the time.
I was watching your videos and throughout the session you mention that a lot of the patterns will take 3-6 months to form. I know you are a relatively short term trader. Do you actually choose the expiration date that matches with that time frame? I have a hard time choosing an exp month too far out because they tend to be expensive and sometimes I lack patience. I am wondering if I am missing the movement of the pattern.
Thanks for you help.
Denise
Posted by Anonymous | 6/05/2007 11:22:00 AM
Denise,
The much longer term patterns I don't trade all that often, unless my conservative accts need a fresh pile of stock.
Or if I do trade a longer term pattern, in some cases I set my targets on a smaller piece of the pie so I can move on quickly.
Posted by Option Addict | 6/05/2007 11:41:00 AM
Hi Jeff
Great videos, we can't thank you enough. Is it to soon to look at DISH and see a lower high or should you wait for a lower low to form as well before looking at it as down trending.
Thanks
Grant
Posted by liz & grant | 6/05/2007 12:02:00 PM
Great videos, Jeff, with lots to mull over and select from.
To whoever mentioned EXM, I bought the stock on that one yesterday because I didn't like the price of the options. Was surprised to see it up $2.50 (nearly 10%) in one day, especially on a down day like today.
More to read.....
Posted by Doji Girl | 6/05/2007 01:27:00 PM
What to do?
I am leaving on vacation in 4 weeks. I am new to trading so I feel like I just have to ride out my current positions and no new trades. Not enough time.
Seems like I will be out of the game for 6 weeks. Any ideas?
Cheers,
Arthur
Posted by Anonymous | 6/05/2007 04:35:00 PM