Archive for » November, 2010 «
Imogene Heap says IT’S OVER!
BACK TO THIS SPY P/E THING—
you can either read all this math—or just copy and paste the chart below—-where it’s figured out for you—
the spy p/e ranged from 12.65 to 17.35 and the analysts said all year, they expected the Spy to trade around 15 p/e in 2010…and so it did—this was wonderful! In fact it closed on DEC 31, 2010 at exactly 15.02 P/e—
analysts are saying they expect the spy to trade at around 13.5 p/e—remember in the latest SPY operating earnings, the standard and poor people said SPY to trade at 13.28 p/e – 2011. ( look at the 2011 info on the spy spreadsheet, in the post below) —sorrry members only info.
if this is so, and analysts do come out and say, they expect the SPY to trade at around a 13.5 p/e–
here’s what happens!
12.65 to 17.35 last years p/e channel—based on 15.0 p/e—now has to be based on 2011—-
based on 13.5 p/e this channel changes—
15.0 minus 12% = 13.2 or so p/e–
so I take the
12.65 p/e minus 12% and I get a 11.2 p/e
17.35 p/e minus 12% and I get a 15.26 p/e—
Now I take the total operating earnings forecasted by standard and poors—( it’s 94.80) for 2011—and I apply the new p/e price channel to 94.80—-
94.80 times 11.2 p/e is the lowest the spy can go this year—1061
94.80 times 15.26 p/e is the highest the spy can go this year—1476
this could be a very volatile year—-because the SPY will test both the highest p/e and the lower p/e—-It always does!
all you have to do is ask–is 11.2 p/e correct—I’m pretty sure the 15.26 p/e is probably close to the mark…
I notice this every Thanksgiving holiday…The airlines are either heading higher, going into the holidays, or going lower. UGA is usually always going higher into any holiday…
On Airlines, it’s after the holiday is over, that the trend changes..The trend has been going up, so next week, or late in the week, next week, look for airlines to pullback…
UGA, usually starts pulling back on the WED pre-market gasoline inventory report. ( crude oil inventory report)… I already started accumulating my UGA puts, and my HOC puts, gasoline refinery puts…Monday is when I’ll add more, if the prices are still the same, or a bit higher, and then just wait for the pullback….in those sectors..
UGA puts, I have to spend around $400, to get the correct Dec strike…
HOC, I have to spend around $300, to get the correct Dec strike…
UAL, I have to spend around $500 to $600, to get the correct Dec strike…Next Wed, the fed pumps in pomo money, DEC 1st…Dow should head higher on WED, Dec 1st…
Winner’s, overall accounts That I manage for other folks, up 11% in 40 days….( approx, 25 trading days)
Member’s accounts, I know one member is up 40% in 40 days. He’s an expert at momentum trading. He bought INTC in the 18′s, cause I called him, and told him to do it!
This same person, is now accumulating CSCO….not just $50k worth, add a zero, worth!!!!
I’m consistently posting 45 winning trades a month, month after month. I’m on track to do so again, this month.
Become a member!
Out of a scale of 1 to 10, “this trade will make you money”, I rate this an 11….In the member’s site, I have another stock posted, that I rate as an “11″…become a member!
This trade will make you so much money, I’ll probably just post Youtube music video’s for a couple of days…My job is done here at the free site….
( because this TRADE, IS SO MUCH FREE MONEY)
SUNDAY UPDATE NOV 21—
HERE’S some quick thoughts on 11 of 30 dow 30 stocks….
20 out of 30, have short sell signals…It’ll take an up 100 day, to get rid of those short sell signals.
AXP, the last time it was under the middle bb band, around 8-9, it went into a two week free fall…The slow sto was closed at the time, but that didn’t matter.
BA, the middle bb band is going down at such a steep slope, ( I like to go long when the slope turns horizontal, suggests BA may be headed even lower than that 61..or it could test 66, the middle bb band.
CAT eps raised 8% past 90 days = 77, its at 83, so the market is adding in 8% up to, 8% times 4 …makes it hard to see the short sell price.
CVX, no opinion,
DD, no opinion
DIS 38 looks like the short sell price.
GE, below it’s 200 day…market for now, has turned bearish on GE.
HD, holding at its 200 day for now, bt. St. by 6%…32 high. I always thought 30 was too high, add in the 6% beat, and now I think 32 is too high…
HPQ, below the middle bb band, makes it hard to get back to its recent high’s
IBM has a $10 pullback in the past, still hasn’t pulled back.
INTC april highs 24, which back then, I thought 23 was possible. At 21’s now….failed 21.8 double top…
JPM, still can’t get over 41, april high 47, I thought that was way too high, back then. Market is not giving financials any exuberant highs…
NEWSLETTER GOING OUT AT 9PM EST—-This stock has so much upside potential, It’s really going to make you a lot of money!!!!!!!!
I’m raising my TGT short term target price to $59. This past month, I posted 45 successful target prices, to either, go long at, or short sell at.
zstock7 LLC Inc.
Click on the chart to get redirected to the full size chart.
I was sleepless in Seattle last night, and I feel tired today…It’s my own fault, I’m on a project that is so interesting to do, I can’t stop myself…I worked on it until 4am…How stupid was that?
Here’s the TGT chart…There aren’t any new methods on this trade, just the same old, same old, signals that I always use….
When I pick the right signals, My trades work to perfection.
I decided that a combination of past price channels, and add in that extra eps percentage that Target made on its earnings, to a past high, is probably the right way to go.
I’m raising my target price for 2011, URBN to $47. Yahoo finance is still at $39…Too Slow for me.
To Find out how to do this, JOIN MY MEMBERSHIP SITE. $7.95 / month.
Sunday Follow up…I just lowered my exits on a basket of LONG Positions I have…Some have stop losses, set for opening bell, GTC…
Some of the underwater ones, I’m using my overnight charts, to get it’s intraday high, and getting the heck out of the trade.
In Other words, I’m substantially limiting my LONG side exposure…
I’m Keeping my CSCO longs, no matter what!!!!!
My short positions, I’m just leaving those alone….
OPX week, this week…3 down days and 2 up days..
Looks like IWM is the leading indicator for the major indexes.
Saturday Followup….I put my best case possible, for shorting around 70 to 100 stocks….Login to see What I’m talking about, and the boatload of evidence, I have backing such a profound number of stocks to short.)
VIX is above 20…and If you interpret that the correct way, which nobody ever bothers to do so, or is so incompetent, that all they can do is give you the exact opposite of what is really about to happen….
So here’s what happens…
LOOK OUT FOR 250 POINT INTRADAY SWINGS ON THE DOW. next couple of weeks.
Here’s what will drive the pre-markets, this week.