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[Master Che]

1/16/12 I have a doctor’s appointment and I should be back for the open 6:00EST ESH12: No major change from Friday; that is the immediate move is still down although it should chop sideways tilted down for several if not until 3:00EST or even longer and then down to 1261/1264 It should trade between 1281.50 and 1289.50 for the next 60/90 minutes and then down to 1277.75; although before reaching 1277.75 expect a bounce at 1279.25/75 up to 1281ish Expect a decent bounce at 1274.00/1274.25 Updates from the previous stock forecasts (1/10/12) NOW = 1/16/12 RL: (from 1/10/12) Bias: Potential turn Potential top in place at 164.55; if so then down to 78.20 This week’s close is profoundly important confirming a top in place or not. 147.20 is a potential failure level, if not then 155.40 comes into play NOW: Last week we reached and were rejected at 147.69; closing the week at 143.69 As such we have clear cut top in place and are in the early stages of the move down to 78.20; although the immediate move is down to 135.95, after the bounce at 135.95) it continues straight down to 123.01 – This stock is one of my favorite potential shorts SBUX: (from 1/10/12) Up to 48.83; at 48.83 expect a significant pullback; the pullback MUST hold the 44.00 level, if so then up again to 54.26 NOW: at 48.17 expect a pullback, as such the pullback must hold 46.80; If not then down to 43.48-43.52; heading down to 43.48/43.52 possibly derails the move up from 33.72; 43.49 is a potential reversal level (back –up) TXN: (from 1/10/12) Up to 31.50 Needs further updating, possible move up to 36.39 or down to 23.49 NOW: Potential short play We have a bottom pattern with bearish compression readings; it MUST reach 31.68 in order to cancel out the bearishness; if not then it’s straight down to 24.12 to 23.49 SPG (from 1/10/12) Bias: Potential short (awesome downside potential) Will update in accordance to the proper entry sequence (needs patience) NOW: The downside potential; It’s reaches 75.43 on the next decline; question at hand is if we topped out at 132.29 or not. None the less it MUST clearly trade below 124.00 (Daily Close) in order to CONFIRM the top in place scenario, in addition it MUST close (Daily) at or above 129.38 in order to test the last high or print a new high. High probability we put in a top at 132.29, reason being we have a pattern from 12/2/11 that the up price target is 134.79, we reached 131.21; although until we reach 124.00/124.25 we have no confirmation as such. This stock is one of my favorites potential shorts; because once clearly below (weekly close) 100.50 there is no limit to the downside, currently 68.23 to 75.43 are downside targets in accordance to patterns.

Edited by Master Che, 16 January 2012 - 06:11 AM.