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OT: Senor best trade on the board?


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#11 diogenes227

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Posted 20 January 2009 - 03:59 PM

Maybe Senor is dead wrong but U.S "Steal" (X) :D looks to be about as good a long trade as Senor see's here, bueno bullish wave structure off its bottom. Senor's target above 45 at a minimum. Senor bought below 31 this morning.

Pure BS

Senor

Market is not on your side (see X price action in relation to NYSI). Suggest tight stop, like today's low (whatever that turns out to be) or at least 28.88. Market may bounce off today's bloodbath which should be good for X very short term.

Think these steel stocks are going to be great again longer term, probably from lower levels, but good luck to you. :)

http://stockcharts.c...8767&r=2167.png

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

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#12 dharma

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Posted 20 January 2009 - 04:13 PM

looking at UNG here. x looks ready as well


Hard to pick final low but I like accumulating energy sector on weakness now and over next several days.

BSing away

Senor

yes! i have been looking that way as well
dharma

#13 johngeorge

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Posted 20 January 2009 - 07:45 PM

Looks like I should have waited until tomorrow. :rolleyes: Geez, I hate that word "should"!!!

Bought STLD @ 10.87 this am. They would not sell it any cheaper to me. :angry: Suppose tomorrow I can get it for a buck less. :o



Thanks for that heads up, Senor. :flowers:

I picked STLD to buy, however, they dont want to sell it to me at the price I am willing to pay now. :o Will have to wait and see if I need to raise my bid. Overall market appears bullish to me.

Best to you.


Peace
johngeorge

#14 swanstkdh

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Posted 21 January 2009 - 10:05 AM

Liking very much UNG>>>>>comments.

#15 senorBS

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Posted 21 January 2009 - 11:06 AM

Liking very much UNG>>>>>comments.



Senor has been in UNG accumulation mode below 19.75., continue to like X a lot.

BSing away

Senor

#16 swanstkdh

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Posted 21 January 2009 - 11:22 AM

We sure are bottom feeders. UNG looks easy 23 or 24 range.

#17 senorBS

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Posted 21 January 2009 - 03:52 PM

in very st time frames looks not so bullish but otherwise a nice looking dead cat


you are wrong, market is starting another large 10% plus rally. Maybe more, we see

SENOR

#18 senorBS

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Posted 21 January 2009 - 03:54 PM

looking at UNG here. x looks ready as well


Obama rally seems to be getting going norte, 10% or more, uno step at a time. Oil/gas, steel, XAU, maybe washed out Financials all looking norte.

BSing away

Senor

#19 dougie

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Posted 21 January 2009 - 04:02 PM

you saying dead cats can't bounce 10%???

in very st time frames looks not so bullish but otherwise a nice looking dead cat


you are wrong, market is starting another large 10% plus rally. Maybe more, we see

SENOR