|
PureBytes Links
Trading Reference Links
|
Hello Ira
i was short into today
but
last night the p/c was VERY bullish
so i sold my Qid at 54
and will only buy when new low exceed new hi
Ben
----- Original Message -----
From: Ira
To: realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, December 19, 2006 6:47 PM
Subject: Re: [RT] Fw: A Mixed Bag - The Hot Stix Weekly Report - 12/18/2006
Ben:
I had a target price for the S&P index of 1425 and posted it in early December. It reached that target and there should be resistance here. I do not have a sell signal as yet. There is a lot of divergence that has been going on since October of this year which indicates that the internals of the market are not as strong as price indicates at this time. The NASDAQ has the same type of divergence but here it didn't start until after the middle of November. At this time the NASDAQ has not given a sell signal either and is holding up very well with a lot of negative pressure being applied. This past month can either be a major distribution here or some more accumulation. Seasonality says higher, the question is from where.
The other thing about the large specialist short position is that these contracts are created and for every short there is a long. Over the years it has been found that very seldom is the public really wrong. With all of the derivatives that are out there to hedge a short position on either exchange I don't believe that specialist shorts are as good an indication as they were 20 years ago.
Before jumping the gun or averaging into a position I would take a lot of care.
Once again, just one man's opinion.
Happy Holidays to all.
Ira
www.thetradersguide.com
----- Original Message -----
From: Ben
To: astrofin@xxxxxxxxxxxxxxx ; ntt-list@xxxxxxxxxxxxxxx ; realtraders@xxxxxxxxxxxxxxx
Cc: vincent new
Sent: Tuesday, December 19, 2006 5:55 AM
Subject: [RT] Fw: A Mixed Bag - The Hot Stix Weekly Report - 12/18/2006
this is a very reliable mkt direction co
they were stopped out of their long yesterday
is pull back starting?
a close down more then 11 on NASDAQ will confirm it
Ben
----- Original Message -----
From: The Hot Stix Weekly Report
To: profitok@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Sent: Tuesday, December 19, 2006 12:41 AM
Subject: A Mixed Bag - The Hot Stix Weekly Report - 12/18/2006
December 18, 2006
A Mixed Bag
In This Issue:
I. Market Commentary
II. Charts
---- QQQQ (Nasdaq 100)
This is the Hot Stix weekly. To get our daily analysis and all of our profitable stocks picks, click here to subscribe.
I. Market Commentary
Well today we were stopped out of our long trade with a small loss.
It's a tough market right now since many people are on vacation or out shopping for the holidays....the Dow and SPX are making new highs yet the Nasdaq and Q's are lagging.
Since we try to make small trades with the daily Q setups we will be looking to get right back in to another long trade if prices start ticking up above the dotted blue line.
Happy Holidays!
Learn to read the charts and make profits. Become a premium Hot Stix member and start getting this chart every day.
II. Market Charts
Get this chart everyday, join Hot Stix now!
Hot Stix' approach to technical analysis is a simple, but powerful strategy. We buy stocks which demonstrate the potential for explosive gains, while maintaining a highly disciplined exit strategy to manage risk.
See how we do it! We are so confident that joining Hot Stix is an investment that will net you high returns, that we have removed all the risk. That's right, you can now take a 30 day FREE trial and see if the service is right for you.
******************************ADVERTISEMENT*************************************
Short Term Profits as High as 188%
An elite group of fed up options investors have been taking control of their own financial future. Don't always go for the homerun; click here to find out how you could generate consistent profits:
http://www.optioninvestor.com/newsletters/oid.aspx?aid=138
***********************************************************************************
The Hot Stix Weekly Report is a complimentary once a week e-mail newsletter. Send your questions and comments to support@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Please forward this issue to TWO (2) of your friends to let them know about us. They will love you for it! Thank you very much.
Disclaimer
Hot Stix is not a registered Investment Adviser or a Broker/Dealer. Readers are advised that the report is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. The opinions and analyses included herein are based from sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness. Owners, employees and writers may have positions in the securities that are discussed in the newsletter.
Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this report should be independently verified. Please note that we are taking no compensation of any kind and will never take any compensation from any companies that we mention in this report.
You may distribute small sections of The Hot Stix Weekly Report, as long as it bears the following attribution:
"Source: Hot Stix Weekly Report http://www.HotStix.com.";
You may join the Hot Stix, Inc. Affiliate Program and earn referral fees (cash!) for each subscriber you refer. For details and to join, visit our website and click the "Affiliates" link.
To ensure you continue to receive email from Hot Stix please add "weeklyreport@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx" to your address book.
CUSTOMER SERVICE
E-mail: support@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Hot Stix, Inc.
6230 Wilshire Blvd., Suite 49
Los Angeles, CA 90048
Copyright Hot Stix, Inc., 2005
All rights reserved
This newsletter was sent to profitok@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
If you have received this in error or would like to be removed from future mailings, please click below:
http://www.hotstix.com/x.aspx?p=1&e=profitok@xxxxxxxxxxxxx
|