IWM

03 Dec2009
By

IWM is my bread and butter.
IWM, most financial services articles, are “scared to death” to post any entry and exits on the IWM.
( Clatter, clatter, that’s the sound of me rolling the dice, and shorting IWM at 60.7)
“I ain’t afraid of no ghost”

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Category: Index charts
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  • http://retracementlevels.zstock7.com/ zstock

    SEED, didn't even reach it's target price $15–gap buy long at 11.0-11.5
    And this is about as hot as hot news can get!
    http://www.thepigsite.com/swinenews/22577/china...

  • http://retracementlevels.zstock7.com/ zstock

    SEED, they will eventually have to dilute the shares to help defer the 7 years it took to invent this corn?
    $10 or $11 looks like a reasonable price offering for a stock potentially on its way to ( If they can capture the Entire / part of the Chinese market) +500% or +1000%

  • http://retracementlevels.zstock7.com/ zstock

    I think SEED can take away Monsanto's market share in China

  • http://retracementlevels.zstock7.com/ zstock

    I remember when AMZN was only making 0.10 a year, and AMZN never went below $10–SEED could be in this category of stocks.

  • http://fade-me.blogspot.com fortune8

    Took profit on NEM DEC60p at 5.8. Not confident holding this long. Z check out my chart for NEM – hehe

  • http://retracementlevels.zstock7.com/ zstock

    WHR, does anybody see how that $4 EPS, this year, keeps WHR from topping $80.

  • http://retracementlevels.zstock7.com/ zstock

    good move, nice, getting out with a profit–NEM price ( there's a battle between future growth rate, keeps NEM under 2008 high $56, and it's own EPS, which could send it to $59.85) If I see $59, I'm raising my 2010 target price to $67

  • http://stockmarketmasala.blogspot.com/ PRAMOD

    Hi Z,

    Are you still short GLD? You mentioned a 10% correction followed by a rally to 129-130 in Jan. Has your outlook changed? I am thinking more of 5-6% correction and then a rally to 128-130 in Jan 2010.

  • sungsop1

    Shorted AMZN 145.out of NEM 60 puts.

  • sungsop1

    Shorted FSLR at 128.What do you think Z?

  • http://retracementlevels.zstock7.com/ zstock

    VNO aren't you glad I told you not to short at $67, you'd be $4 under water–IYR is just about a short

  • http://retracementlevels.zstock7.com/ zstock

    FSLR, rounded bottom pattern, indicates higher high coming–Overnight indicates higher high coming 2 days out. 200 day = 147, possible break out target price

  • http://retracementlevels.zstock7.com/ zstock

    FSLR yahoo target price $145
    http://finance.yahoo.com/q?s=fslr&.yficrumb=pic...
    Short at $129 has a 50/50 chance of working.

  • http://retracementlevels.zstock7.com/ zstock

    DIA, has those double red doji–70% of the time they go down on the 3rd day– FRI, might not be an up day, after all. Employment report FRI–it's usually predictable, market up.

  • TenYear

    I show a major move coming on the SPY maybe by close maybe tomorrow.

  • TenYear

    ERTS on the radar

  • http://retracementlevels.zstock7.com/ zstock

    That works for me too–I'm using a 3% stop, just in case $1300 comes sooner

  • http://retracementlevels.zstock7.com/ zstock

    I'm showing RSI never dipped on the overnights—that's bad bad bad for longs on overnight.

  • http://retracementlevels.zstock7.com/ zstock

    ELX has the EPS firepower to stay above it's 200 day = 9.28–looks like easy money, if you can get 9.30, 10.00 exit

  • http://retracementlevels.zstock7.com/ zstock

    LONG ESI $87

  • http://retracementlevels.zstock7.com/ zstock

    Kitchen and bath remodeling–no sales at all this year, so I read.

  • Nergo

    ESI? has ESI bottomed.

  • http://retracementlevels.zstock7.com/ zstock

    VOLUME is 2X on Jan Natural gas
    http://www.tfc-charts.w2d.com/chart/NG/10

  • http://retracementlevels.zstock7.com/ zstock

    ESI is a 5 month double bottom at 86.42, it has good eps history. I think the double bottom should hold, COCO 5 month double bottom held, so far.

  • TenYear

    15 minutes to go, bears trying to breach S&P 1100 which would be significant.

  • TenYear

    Reversal possible with todays move. A gap up tomorrow could be shorted.

  • TenYear

    WFC: stop it under $26

  • http://retracementlevels.zstock7.com/ zstock

    LRCX, back up to $38, what all of sudden, these guys are turning a profit?–Let me go look at that. omg–Estimates raised $1.21, to 1.37 who ya–wow!
    http://finance.yahoo.com/q/ae?s=lrcx
    Wait till i start hiring–Their job, full time will be to seek out these kinds of dramatic changes.

  • http://retracementlevels.zstock7.com/ zstock

    This is more like it, Thursdays have to be down ahead of the FRI employment report, so Friday can be up

  • TenYear

    ESI looks good

  • http://retracementlevels.zstock7.com/ zstock

    Why do I lean toward employment report, that day goes up–It's the Gov't, It's tough betting against the Gov't. Ben talks, market up, Geitner talks market up, Obama talks market up 60%

  • Turbo Tim

    Z,

    I subscribed to the newsletter but received it.

    Thanks

  • http://retracementlevels.zstock7.com/ zstock

    It's weekly to bi weekly, I finished it–I get to send it in 2 hours. around midnight.

  • http://retracementlevels.zstock7.com/ zstock

    new post BRCM 32 short, why? http://zstock7.com/?p=2017 click here

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