Allan B Tidbits

SPWR 90908

da2rth — Wed, 10 Sep 2008 08:11:00 GMT

Notice price movement turning at predetermined points. That's no accident. A bounce @ 75...or 72 is very likely.

GS 90808

da2rth — Mon, 08 Sep 2008 13:24:00 GMT

this is another stock with disciplined traders. look at today's price range. opens at 50sma...pop up to 50% fib...drops down to 20sma. that action was no accident. upside targets: 38% fib line (176.68), long term trendline (thin blue line)(180), 200sma (181.21).

POT 90808

da2rth — Mon, 08 Sep 2008 08:55:00 GMT

http://screencast.com/t/jpZI0iZVbkT

ABK 9/3/08

da2rth — Thu, 04 Sep 2008 05:39:00 GMT

The trades of this stock will be chronichled on its journey to $40. If you have any questions or suggestions on handling this long term position, please feel free to comment.

http://screencast.com/t/5oicgHgcXX

XHB

da2rth — Wed, 03 Sep 2008 02:20:00 GMT

http://screencast.com/t/RHXxrF2V9sc

Housing is one of the first sectors to decline since 1/07. Notice how it's recovering nicely since July/08 and is in direct relationship with DXYO (dollar). The recent price action of XHB is very bullish including yesterday's gap up from its 200sma.

Individual stocks for the long term as in one's IRA: ABK, MBI and TOL. I'm in ABK. I'm sure there are many more gems to consider in this sector.

WATCH 9/2/08

da2rth — Tue, 02 Sep 2008 12:36:00 GMT

RIMM - may bounce to 126, closing gap...could then go back down (gap and crap). will be volatile.
AXP - may breakout
TOL - preparing to test '08 highs
ABK - my best long term play MBI in same sector
COIN - ready to run

ABK 82808

da2rth — Thu, 28 Aug 2008 22:47:00 GMT

I have a modest position for my IRA. Last year at this time, it was in the $60s. The strategy I use will be based on this tenet: sell into strength...buy on weakness. As we near targets, I like selling 1/3 of my position @ 2% trailing stop. This technique is much different from "trading stocks" where time frame would be measured in days. My time horizon in dealing with this stock (for IRA) is long term....year or more. Today...I'll place a buy stop at $6.85 at the open.

http://screencast.com/t/pntN3vsQLt

GS

da2rth — Wed, 27 Aug 2008 22:28:00 GMT

This chart shows a few things of note:

* longterm support/resistance trendline,
* double-bottom coincides with fib line
* every rally since April/08 began with a gap up from the fib line or the longterm support/resistance trendline.
* Today, the volume very light for this "GAP UP" type of move.
* Targets would be the longterm S/R line and the fib lines. If can't get a daily close above the S/R line, expect more downside taking out JulyAugust lows and a visit to March lows.

http://screencast.com/t/tYqJoRwUila

POT 82508

da2rth — Tue, 26 Aug 2008 01:13:00 GMT

http://screencast.com/t/hvGiFWojUhW

after 3 days of churning at the 20sma and ascending trendline, looks to visit the 200sma...170.21.

AAPL 82508A

da2rth — Mon, 25 Aug 2008 19:53:00 GMT

http://screencast.com/t/QapA2EpUIhy

target is 50sma for the remainder 1/3 of puts

for the record, last week, i bought AAPL Sept 175 puts APVUO @ 6.4.
today, sold 1/3 @ 7.3 another 1/3 @ 8.0

i'll be hawking Sept 175 calls once i close the puts. all is dependent

on the market conditions.

POT 82308

da2rth — Sun, 24 Aug 2008 09:07:00 GMT

*Downtrend since 6/19/08

*8/19...bounced off 200sma from ascending trendline

*8/21...stopped at 20sma and ascending trendline

*8/22...inside day, consolidation

At a pivot point here. Can visit 200sma or even retest August lows. OR...continue to upper ascending trendline (195)...50sma (205)

PCU 82108

da2rth — Sat, 23 Aug 2008 14:58:00 GMT

PCU runs with FCX. Yesterday, I mentioned it when Bagger liked FCX. Yesterday's move was very notable:

* gapped up over long term support which served as resistance over the past few trading days

* double bottom, broke downtrendline

i expect a pullback at $27.46. target for retest would be area of long term support. consider entry there.

if succesful, target would be daily 50sma...$30.19.

AAPL 82208

da2rth — Fri, 22 Aug 2008 19:20:00 GMT

Sitting on support after bouncing from descending trendline. A close above trendline may suggest a visit to June highs. If breach 8/22 low, may suggest a visit to 50sma.

POT 82108

da2rth — Fri, 22 Aug 2008 12:18:00 GMT

oN 8/19, POT bounced from 200sma after pullback from long term trendline. Today it closed right under

long term trendline. If it closes above this trendline, target would be 50sma...$206. If it decided to pullback,

target would be the 200sma...170. It definitely is at a pivot point that could be very profitable in whatever

direction it chooses to go.

BIDU 82008

da2rth — Thu, 21 Aug 2008 16:56:00 GMT

BIDU gapped up, closed above 50sma, closed above long term trendline, closed above short term

term trendline and bounced back down from 38% fib retracement. This action could be a reversal

of the short term downtrend starting on 7/30/08 (46 pts). If the market starts running, this puppy will fly.

Targets: 328, 342.

I do not have a position. I like to wait for a pullback off the 20sma...and make my entry

when it goes back down to 50 sma. If price breaches 50sma or long term trendline, that

signals the bear is back...hello 300.

Today, I closed my Sept 130 calls in RIMM. Market not behaving bullish made me take the 37% profit.