Bear-a-Bull Trad'N Place

2006-08-10T14:42:00.000-07:00

Always a twist. Which way will this market go? My 2 cents: the DOW is sitting on support but MACD & STO are turning lower. The Bulls noose was let loose today but will be brought back tight Friday. If we break below 11000 we will go lowRRR. NASD should bump uglies with 2000 this cycle.

Positions:
RHAT: Sold today for a FINE profit!
JOYG: Bought puts on this, whatever JOYG is? First target is 35.00 then 30.00. MACD & STO are rolling over.
INTU: Bought Calls on this on. Shooting for new 52 week highs above 31.35. MACD started to turn highRRR, STO should start in a day of two.

Make it Bear-A-Bull and TRADE!
Glen K.

WAKE UP!

2006-08-07T17:10:00.000-07:00

The Feds are about to speak! Walk like a duck talk like a duck! I don't expect them to raise rates, if they do they are Goofy@@! If we go off the saying "Buy the rumor, sell the fact" we should see the market drop like a rock. I believe it will drop either way. Things are slowing down. Gas in my area is now above $3.00. The parking lots in the big chain stores are even looking slim. Great time to repave them!! Lets by a pavement equipment company??!!

Current positions:
RHAT: Bought puts on this stock a couple weeks ago and have been riding the down trend and it looks like it will continue. Rock on Red Hat!!

FAST: Bought Puts today and it lost like a champ today. Expecting it to go below $33.00

Will be adding more Thursday!

Make it Bear-A-Bull and TRADE!
Glen K.

Calling All Bears!

2006-07-26T15:09:00.000-07:00

OK Bears are we ready to shred the market again? It's time to put the Bulls back in their pens.
The NASD can't break the 2080 mark and hold it so it will have to go lower if it wants some action.
The DOW ran out of gas and needs to be hauled away! The 10700 zone will be a good place.
Today I bought a Put on RHAT. How low can we go? I say 16.00.

Glen K
Make it Bear-A-Bull and TRADE!

Out for now.

2006-07-21T06:53:00.000-07:00

Sold GENZ for a nice profit yesterday. Currently 100% cash. Will keep my eyes on the indicators and look at entering new trades sometime next week.

Glen K.
Make it Bear-A-Bull and TRADE!!!

Let's hear it for the Correctional System!

2006-07-19T18:08:00.000-07:00

Nice moves for the DJI and NASD. The DJI has moved above the 30 DMA, held over 11000, and the MACD & STO are starting to roll over and turn highRRR. Could trade up to the 11250 and the bears should be ready to take over again. The NASD should go up to the 2120 range and cut new trail lowRRR.

GENZ broke through the 63 resistance and is now a support. We are headed to the 66 area. Move stops up to protect our gains.

I won't be taking on any new trades at this time because the market is moving against the trend.

Any comments welcome.

Glen K.
Make it Bear-A-Bull and TRADE!

Whiplash!

2006-07-18T14:16:00.000-07:00

I think the market had to much to drink today with the big down and up swing. I am looking forward to the correction, let us sharpen our claws in preparation for the next down turn. ROAR!!

Sold my Puts on MCO and LAMR for some nice gains. Will keep them in my watch list and re-enter the race when the bulls run out of breath!

Current position:
GENZ: Having a bear of a time getting through resistance. MACD & STO are getting high. Might be a good time to dump this one too!

Glen K.
Make it Bear-A-Bull and TRADE!!

YES, NO, maybe?

2006-07-17T13:57:00.000-07:00

DJI and NASD in my thoughts are over sold at this time and should maintain a sideways to slightly highRRR trend for the next few days. Middle East and oil prices dictate this market. I don't see anything getting any worse than they where last week.

Sold NTAP, ERICY, and EXPE today for some very nice gains. Sold because the MACD & STO are turning highRRR. Will keep them in my watchlist and enter a position when the time is right again.

MCO: Someone needs to hit this one in the head with a 42 support pan!

GENZ: We need a move above 64 in the next couple days if this stoner is going higher to the 66 level.

LAMR: This one needs a good kick over the edge too so we can watch with delight as it falls to the 45 support.

Glen K.
Make it Bear-A-Bull and TRADE!

Idea of the day.

2006-07-17T13:50:00.000-07:00

Portable Stop Lights. Four way stops that direct detours traffic suck. Especially when the traffic is a main state highway. What would be needed is two small highway department type trailers with their own power system, battery and solar. Two heavy duty cables laid out to detect traffic. Or some type of wireless/ motion detection system.

Glen K.

Idea of the day

2006-07-15T08:14:00.000-07:00

Why doesn't someone invent a self propelled baby stroller or at least remote controlled?
Add some chrome rims, drop it to the ground and add an awesome paint job!
That's one cool "Baby" ride!

Glen K.

Is it Monday yet!

2006-07-14T14:09:00.000-07:00

Weekends suck! Can't TRADE!!!!

Big ROAR as the indexes slide another day. The "BIG BOYS" on Wall Street are cautiously starting to say this might be a Bearish Market. NO SHIT! Give them a loli pop! Some of the more retarded ones are still losing their shirts in their la-la-land bull market correction.

EXPE: Waiting for this piece of crap to fall below support of the previous low, 13.36. MACD & STO show that we could be in for a correction to the 14.72 area, current 30 DMA. Volume is still light/average telling me the trend is still BEARISH!! ROAR!!!!

NTAP: What a wicked free fall man, ah, BEAR! On the 1 yr chart MACD & STO look like we might have a small correction. 5yr charts point this lowRRR to the 24.00 support area. Move stops to insure some gains.

Do you smell that? Never mind! I feel better now.

ERICY: Needs to drop below 28.88, previous low, and go lowRRR! Looks like the MACD & STO can go lowRRR.

MCO: Fell below previous low and closed below previous close low with ave volume. MACD & STO are low but can go lowRRR. Should trade lowRRR Monday and proceed to 48 support. This rotting stock is BEAR MEAT!

GENZ: With high volume, 3 greens, now above 30 DMA and a gap highRRR, that is the direction we are going. SNORT! The next stop is the 66 resistance to catch is breath and grab another beer before it goes to 77.

LAMR: Finally this stock got a few fingers bit off, now it is bleeding and should attract more predators. ROAR! A sleuth of bears should come and drag this stinky piece of meat into the 45 woods!

Glen K
Make it Bear-A-Bull and TRADE!!

See Bulls run. Run Bulls Run!

2006-07-12T12:49:00.000-07:00

Wow what a day. DJI down hard and NASD down good too.

DJI tripped on some more grizzly earnings news and fell below the 30 DMA. MACD & STO are also head'N lowRRR too! Looks like it is setting on support so ROAR LOUDER!!!! Humpty DOW Dumpty.

NASD: I would like to see it drop below 2080 and keep going. Ave volumn, MACD & STO are still going lowRRR.

Stocks we are watching:
EXPE: BOARing! ZZZZZ

NTAP: It does the loseRRR thing like a pro. Down over 2.00! Do Bears purr? MACD & STO aRe low but can go lowRRR. I moved my stops to protect my gain.

ERICY: Finally saw the bit marks on it neck and fell down! Closed lower than the previous cycle low. We should head lowRRR. The MACD & STO aRe heading lowRRR. Well below the 30 DMA. Also moved stops up.

MCO: Goldilocks fell out of bed finally. ROAR! Another day like today and we will be heading south for the winter! Fell below the 30 DMA and the MACD & STO are heading lowRRR.

GENZ: After today the Bull can buy a new manure spreader! Next we need to break through the 66 resistance and go highRRR. Broke through the 30 DMA. MACD & STO should start to turn highRRR. 4x ave volumn for the day. MOO!

LAMR: YAWN! Indicators aRe heading south. Now the stock needs to get a clue. Don't buy a vowel Pat! Looks like it is making a pennent formation and should show us some direction in the next few days. Sharpen your claws!

Glen K
Make it Bear-A-Bull and TRADE!!

Down! Down! Up?

2006-07-11T13:46:00.000-07:00

Ok, so we have to give some back occasionally. Both the Dow and NASD closed slightly highRRR today. I think we may see a day or two of highRRR numbers than back to the slide. Let the wind blow in your hair....or what is left of it! ROAR!

NTAP was loweRRR today...let dance! HighRRR than average volumn BUT the MACD & STO are at the bottom and could be an area of sideways days....? I think I will learn how to juggle BULL crap!

ERICY closed loweRRR today but closed close to its high on 2x average volumn. MACD & STO look to be heading South. Doesn't it give you a warm fuzzy feeling?

MCO is baby sitting the 30 DMA. Cross that line and die MCO! MACD & STO are heading loweRRR. This BEAR crap stock need to have a bowel movement or leave the woods. Do you smell that? It MCO!

GENZ---OK, OK, I have a pet BULL in the backyard. MACD & STO aRe finding their bottom and should head back up around the 61 area.

LAMR came up for air before it starts it plumit to 45. BEAR meat! Below the 30 DMA and the MACD & STO have peaked and are heading for the sticks. ROAR! Do the Wave!!

Glen K
Make it Bear-A-Bull and TRADE!

How low can we go?!

2006-07-10T12:53:00.000-07:00

Today we saw the NASD trade lower again. This is a good thing. Roar! The MACD and STO turned lower and should be lower again Tuesday. We hope! Also closed below the 30 DMA for the second day in a row. I would like to see it break below 2080.

Glen.
Make it Bear-a-Bull and TRADE!