GOOG below 440 is a steal!

GOOG closed @ 438

GOOG, arguably the best tech company on the planet, got a 45% haircut in the last 3 months. This is fundamentally and technically an insane oversold selloff, no matter how you cut it. Insane!

The mid 430's happens to be pretty decent support, which is where it closed on friday. I believe the ultimate low is already in at 412 and would be more than surprised if we touch there again.

It's a great buy right here right now.

Short, intermediate and longer term play; they're all good.


buy this stock

8 HotLinks for the Weekend

Google pushes for free airwaves

Melanie Adams vs. Allison Stokkes

Has the gold bubble burst? A technical look at the answer.

Sarah Jessica Parker has a very long (banana?) face that is considered "unsexy" by Maxim readers.

"Chart patterns that produce profits": Traders Whiteboard #7

buy this stock


AAPL's Secret Weapon - a chart analysis.

I need to work on spreading the video below virally. :)

Solarfun (SOLF) is very fun.

SOLF closed @ 13.3

SOLF announced great earnings this morning. They're expected to hit revenue total of about $400 this year with earnings at $40 million. I don't know about you but with market cap at only $750 million, this is a cheap stock. I still don't get what that insano woman Finerman has against this company, other than she doesn't like Chinese companies like Cramer. She must have an ax to grind with SOLF's management. They pissed her off and left her a woman scorned? Anyway, short Finerman and long SOLF. This should not be a big part of your portfolio because we never know, maybe this scorned lady does have inside information through an informant.

SOLF needs to take out the 200dayMA at 15 to go much higher. I think this stock deserves to be trading at least $40, barring any management wrongdoing.

GOOG is a buy on this gap down!!

GOOG closed @ 458

Are you freakin kiddin' me? Down $15 afterhours on ORCL earnings!

Buy the gap down! Down $15 is great buy, down $20 back up 9 trucks.

The End.

YGE at 20 is already a foregone conclusion.

YGE closed @ 17.3

This beaten-to-the-pulp solar is finally gunning for the 50dayMA at 20. I got no doubts it will meet it, probably this week if not tomorrow. In fact, i believe it will bust thru $20 quite easily.

YGE is too cheap. Must own here for the longer term.

On a different note, AKNS should see $7 as soon as tomorrow afternoon.

Both are good short and long term plays from this point forward.

Solars have bottomed. I don't know what to say if you folks dumped all your solars and decided to short them at the bottom. Ouch. Double ouch. Maybe with all these subprime fear, you forget that i've been screaming at the top of my lungs that the alternative energy bull market will be at least 4x the internet bubble. Can you fathom that? I continue to focus on the top 3 leaders STP, SPWR and FSLR by market capitalization. I want to catch the next Solar Intel.

AAPL to 150

AAPL closed @ 139.5

Amazing how it seems like only yesterday people were complaining about the stock being at 120, after being profiled here at 128 (and at much lower prices as well).

The chart is looking good for a 10 dollar move from here before hitting a major resistance.

No matter what happens at the open, the market will pull back in the morning, possibly rallying towards the close. We gotta respect Monday's move as short term bullish for the market. So pullbacks should be bought.

SPWR is a buy!

SPWR closed @ 61

Every time this stock gets below 60, it gets scooped up. I love this solar stock (along with FSLR and STP) and believe it has huge potential going forward. It is too oversold for the intermediate term, like many of the solars.

Once it gets above 62 decisively, it should see 70. I have a hard time seeing this stock trading below 56 again. Hard not to back up the truck again at those bargain levels - 56.

Oh man, i think you're screwed if you sold your solars at the bottom to buy commodity stocks at the top. Double whammy and you're the other end of the knockout punch!


buy this risky stock

5 Hotlinks for Friday

Watch 4 free trading videos: Click here

Is solar power inherently deflationary?

Why Al Gore invented the internet ---> here.

10 Most Racist Moments on TV, starting off with Hilary.

(continue reading...)

30-day trial, 2 special reports, & 2 bonus months!

For MY members only...

If you've been following the blogging's of Adam Hewison (like I have) then you would have seen that they were all over the recent moves in Bear Stearns and Gold...that being said I think it's time to stop watching them from the sidelines and jump in for yourself.

I called my contact, Brad, and demanded a bonus of some sort for my members. He said "Beanie, our members are making a killing following our Trade Triangles. I'm not sure they'd want many more people seeing the signals that they see".

He wanted to play hard ball... "Brad I want a bonus or I'll take you off my Christmas card list!!"

At this he finally broke down (lol), "OK OK, no need to be drastic! You know we have a 30 day trial, but ONLY FOR YOU, I'm going to email you a unique code that gives your members 2 bonus months for nothing!"

Brad sent the email right over and here's the special link to join, get the 30 day trial, 2 special reports, AND the 2 bonus months:

click here

In case you're still unsure...watch this video showing their market domination on Bear Stearns:

see Bear Stearns die

I'm a member now and tinkering with their stuff at this momemt, and I think you should be as well! Later on, you can plug the trading "triangle" into the Beanieville System if you so desire.

All my best,
Beanie

P.S. Brad is a great guy, and I've worked hard to get this bonus for you, so please don't let it go to waste: click here

Ino is the real thing:

Rankings, Awards, and Citations

* Financial Times. "MarketClub looks like a winner."

* Forbes Magazine. INO.com listed in Forbes.com's rankings of the "Best of the Web" financial sites.
With over 100% growth in traffic for each of the last 5 years, your advertising investment on INO.com is a sure one.

* Futures.Net gives INO's Quotes and Charts the Gold Seal for Excellence.

* Google. INO Quotes ranked as top site in Futures and Options.

* Online Investor Magazine. Called INO.com "The best independent site devoted to futures and options trading."

* Barron's. In its first review of INO.com, awarded Two Star ranking by Barron's in the weekly newspaper's annual survey of financial/investment websites. "It's an excellent resource, one of the best on the Web for traders of futures and options."

* Dow Jones Business Directory's "High-Quality Business Web Sites." Content (9), Speed (9), Navigation (9), Design (9). Total 36/40.

* Go2Net's 100hot Finance list. Regularly featured among the top 50 websites in Go2Net's rankings of "The Web's Most Popular Finance Sites."

* Online Investor Magazine. INO.com selected as Blue-Chip Pick and an "Investor Bookmark."

* NumaWeb. INO.com ranked No. 2 in Numa's "Top Ten Derivatives Internet Sites" for the past four years.

* Investing Online. INO.com cited in this award-winning book published by Financial Times Pitman.

* Online Investor Magazine. First place in the "Chats and Boards" section with the following marks: Design (9), Ease (9), Value (9).

* Waters' Market Data WebWire. Said about INO.com, "Where the Pros go for Futures and Options data."

* Financial NetNews. Headline in this Institutional Investor-owned newsletter reads "Firms Flock to Futures and Options Site" in an article about the INO.

* Individual Investor Magazine. INO cited in an article entitled "You've Got Messages" by Ingrid Eisenstadter.

* PC Computing Magazine, in one of the first-ever website rankings, INO was included in the magazine's "Best 1,001 Web Sites."

V is for Visa

V closed @ 56.5

The market cap for this company is now over $25 billion, about the same market cap as Mastercard. It certainly has more upside because it is bigger than MA.

But i expect some downside in V in the coming days. There's lots selling at 60 and the way it closed suggests downside tomorrow. It could get to $45-50, which would be a great time to buy for the long haul.


buy this stock

(continue reading...)

3 Hotlinks for Wednesday

How not to pole dance.

Jim Jubak offers bear market wisdom.

$800 haircut.

(continue reading...)

Short term bottom is in. Buy STP.

STP closed @ 32.2

Tuesday was an unusual day because it was one of those days in a very long time where the market stayed up in the stratosphere all day long before the fed announcement. The bears should have been careful. It was a sign they didn't heed. Needless to say, they got spooked and slammed - by a whopping 420 points gain on the Dow.

This obviously means we have a short term bottom. Is it the ultimate bottom? If you ask me that in May or June, i'd say yes. But for now, I'm leaning 70-30 right this moment that we have seen THE bottom. It's been said that we don't have capitulation yet because there's not enough pain. I don't know about that, i think there's been alot of pain already. Alot of traders and investors have already been knocked out of the market. I know some that are going back to work for the Corporation.

The US dollar is reversing. If the dollar bottoms (which should be soon if it haven't already), it should be good for the US market going forward. That's my opinion.

If the market gaps higher tomorrow, expect a pullback. We gonna pull back some either way, but Wednesday we probably gonna close in the green.

STP is a buy here. Going higher. I have a hard time seeing this stock going below 29, where it double bottomed. STP is so oversold in the intermediate term you gotta pick some up at these levels if you don't own it.


buy this highly risky stock and be the next Bear Stearns! I know you'll insist on it, so pipe down the volume before buying.

1 HotLink for Tuesday

11 Good Omens for the Market

In normal times, the chart pattern we got today

indicates we should go higher tomorrow, perhaps much higher. But these are not normal times. Sentiment is downright ugly. We are at the lows of January with the IWM and the SPY. The DIA hasn't reached the January low but the QQQQ closed below the January low.

We're still in a bottoming process, with a possibility of eventually hitting Dow 10,000-10,500 as the ultimate bottom by May or June. Some very bad news will be needed to send us there.

I don't think we are going into a multiyear bear market, contrary to the thinking of many bears. Even if we are, the alternative energy sector will still be in their own bull market for the next 3-5 years. I'm gonna stay the course. Sticking with the top 3 leaders is the game plan. When the market gets better, they should be the first ones to perk up.


buy this risky stock

4 HotLinks for Monday

Video chart analysis of Bear Stearns, provided by Ino.

Don't be this guy. Be a Gap Fader, by fading the morning gaps.

Woman stuck in toilet for two years.

Worst baby names of all time.

2008 - The Year of Solar?

I love it! What we already know, others are now starting to catch up with their "data". I just got email spammed by Tobin Smith. He said on Friday:

'I think the implosion and subsequent bailout of Bear Stearns (BCS), one of Wall Street's most respected investment banks, will be remembered as one of the watershed moments of the 2008 bear market. When the nation's fifth-largest investment bank racks up $2.75 billion in writedowns since last year, you know the situation is worse than most anybody ever imagined it could be.

However, despite all of the doom-and-gloom we're facing, there is one area I am still very bullish about, and that's alternative energy. From the numerous surveys we conduct at ChangeWave, some trends stand out so much that we can't ignore the signals. Such is the case with the solar sector. Check out the new ChangeWave HotWire video in today's WaveWrap to discover why this renewable energy source deserves to be on the watch list of every investor.

Hit 'em straight,

Toby'

Watch Changewave's featured video: 2008 - The Year Of Solar

While the bear market may still have one more leg down (Dow to 10,000-10,500?) i believe we will rally hard towards year end. This mess of the financial and housing industry may not be over until May or June, is what i'm thinking. (I gotta give credit to Ben Benanke trying to as much as he can to keep this "recession" short.) So make sure you don't get knocked out of the game by then. The game plan is to continue to invest in solars, and fade the morning gaps to generate your daily income.

Ok, i want you to watch another video by Toby, regarding why alternative energy will thrive. The concept of carbon credits and grid parity is the turning point for the sector.


Join free and learn about the super powerful Elliot-Wave, based on the same patterns found in all of nature.

buy this stock

CONTEST: I'm giving away my copy of 'Elliot Wave Principle'!

It is almost brand new, only read once, and autographed by Robert Prechter, Jr. It is a hardbound 250-pages book valued at $30; that's what it's gonna cost you at the store, without the autograph. I am giving out this contest as an appreciation to all my readers, both newcomers and those who have been with me for a long time.

Email me at beanieville@gmail.com if you want the book. The 25th person to email me will be the winner! I only got one copy so time your email carefully because there's only gonna be ONE WINNER. Maybe we'll have another contest later on for another goodie.

Learn how the Elliott Wave Principle can improve your trading. Won't you sign up and take a look? It may be worth it. I'm personally not a gong-ho practitioner of Elliot Wave theories, but you might find it very useful.

5 HotLinks for Friday

Traders Whiteboard #6 covers Fundamentals, Chart Technicals, and Perception.

Jim Rogers thinks that we should abolish the Fed, and wants you to buy agriculture stocks.

Henry Bloget says don't worry, everything is gonna be alright. Buy for the long term, he says.

Get hundreds of popular Industry magazines, white papers, webinars, podcasts, and more; all available at no cost to you. With more than 600 complimentary offers - both paperback and downloads, you'll find plenty of titles to suit your professional interests and needs. Go browse and get them now, as many as you like, while supplies last. Again, this is a great opportunity to receive FREE, high quality publications tailored to your interests.

Al Gore will one day become a billionaire.

Horde some silver for the longer term ->PAAS

PAAS closed @ 42.3

It's been said that we will be close to running out of silver in 10 years or so. This can, and likely will, drive silver prices thru the roof in time. Just 2 years ago the stock was at $15 when i first looked at it, because Bill Gates and company owned shares.

I think this is a great long term play. (If you like the etfs, SLV is for you.) I would wait for a correction in the commodities before getting long any.


Join free and learn about the super powerful Elliot-Wave, based on the same patterns found in all of nature.

buy this risky stock

Free stuff for the taking!

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Thursdays are doomsdays!

Thursdays are usually selloff days, as we've seen many times. It must be some kind of conspiracy going on between the big players. It will serve you well to remember Selloff Thursdays.

Obviously, i have forgotten this or i would have recommended some overnite shorts. It just didn't occur to me today was Thursday until i woke up an hour ago.

I am still gonna fade the gap (by buying) this morning but likely the bounce won't last, so taking quit profits is in order on the "primary" fade. There is a potential that we can gap down and keep going down all day, so the primary fade may not offer much profit, if any at all.

What i will be looking to do is to short the bounce (whatever little there might be) and hold this one longer into the close. Today, the "secondary" fade (by shorting) is most likely where all the money will be made.

Again, my daytrading vehicles are SPWR, FSLR, and STP. I like to focus and trade them everyday because i'm getting use to them. They also have a decent amount of volatility (not too extreme like pennystocks, not too little) to them that will make ya a lot of money if you get the trades correctly. I follow their charts and their news. I see no need to constantly look for other stocks to trade. As a recommendation, i suggest you stick to 2-3 stocks for your daytrading. You have a much bigger advantage than those who jump from one stock to the next. You really do.

The general market is not out of the woods yet, although 2 days ago Ben gave the bulls some hope. We are still trending down with lower highs and lower lows. That will not change until we first bust thru the previous high. So we still gonna play defensive when the bull steam starts to run out. Read a previous post on how to handle a bearish market.


Join free and learn about the super powerful Elliot-Wave, based on the same patterns found in all of nature.

buy this risky stock

3 Hotlinks for Wednesday

We should give the Benanke a chance.

It's probably everywhere in the media by now, but they are talking about Elliott Spitzer's Girl.

buy this stock

Solars ride again? JASO & LDK rallytime!

JASO closed @ 14.5
LDK closed @ 22.1

JASO has earnings tomorrow and because most of the solar stocks have been so oversold, i doubt a miss can take it down that much. Several analysts have a positive mood on earnings this time around.

LDK is at a point where it's gonna rally tomorrow. I have no doubts about this.

Many of you are hurtin with your solar positions. (If you play options, needless to say, you're taking it up hard. In my world, options are a no-no.) But rest assured, we will have our mega bull market in alternative energy. This is not the time to dump your solars and call it quits. I believe you will sorely regret it if you disown solars, especially the leaders.


buy this stock

4 HotLinks for Tuesday

Spitzer and the irony of it all. He will be impeached if he doesn't quit within 48 hours.

Disadvantage of being too short.

Tug-o-war sentiment on solar stocks. Worth reading if you own solars. (I believe solars will eventually rock your world).

Doug Kass thinks the 'Negativity Bubble' is overblown.

Fade the gaps & Manage your portfolio

Fading the morning gap remains my favorite way of daytrading for a living. It is perhaps the simplest daytrading method there is. In terms of entry, you only have to pay attention in premarket and the first 1/2 hour after the opening bell. You make your move within that time frame, you decide when to get out (sooner or much later) and once you do get out you're pretty much done for the day (if you so wish). You can also make daytrades (or intraday scalps) throughout the day but that requires more of your time watching the tape. I do that too because i have the time as a full-time trader.

If you own a portfolio like i do, this is the time to really actively manage your portfolio. Since most of us don't own Warren Buffet type of stocks, if this market goes lower than we can imagine, most of our stocks can and will get hit pretty hard. I recommend taking a defensive posture on any rally. You can apply various strategies that can save you boatloads of money:

1) buy some puts to hedge some of your larger positions
2) sell some of your stocks, with the intention of buying them back at a lower price when the market gets a little better
3) sell some stocks, and short those same stocks, then cover and buy them back when the prices get much lower and the market gets a little better

What Makes An Expert?

I just came across a very short but very good bulls-eye article, written by a trading psychologist. What makes an expert? It is in fact so right on mark that i just have to make this into a post. Read it.

Everybody's looking for experts to teach them the wisdom of making money in the markets. There are "expert" chartists, fundamentalists, stock brokers, you name it. There are hundreds to thousands of books out there trying to teach you how to do it. There are hundreds of seminars, blogs, websites, and "experts" ready to show you how. The thing you need to ask yourself is, "Who are the real experts that are really making money, or are they out there just trying to sell you something because they themselves actually failed at making money in the markets?"

Do you follow an "expert" based merely on their credentials? You prefer someone with 4 PhD's versus someone with only a high school education? What if the latter trades for a living full time and have been doing it for years and the former just own a bunch of credentials and actually got pulverized by the markets?

There are many ways to approach and make money in the markets. Jim Cramer, Warren Buffet and Michael Parness all use very different strategies and they all came out making money. Michael has the least education of the three, and he looks and acts like a gang-banger (a little stretched there..lol) but his simple strategies made him money throughout the years. They are all real experts. (Who is Michael Parness? Read the post on how i got started.)

This shows that anyone can be a real expert. You just need to make enough money on a consistent basis to support yourself and your family via your trading and/or your investments.

In my opinion, none of them use strategies that are extremely sophisticated. Making money in the markets really needn't be that complicated. It just needs to make sense and it needs to work.


buy this risky stock

Old dog CIEN still does new tricks

CIEN closed @ 27.8

The stock broke above the 50dayMA on strong volume after an earnings beat. CIEN, a maker of networking products, is a survivor of the internet era. I'm not particularly fond of networkers especially if they're going against the 800lb gorrila Cisco.

I thought i'd just throw it out for anyone interested. There is a potential for a move to about $35. The stock needs to stay above 27.3.


If you wanna be like fortune8, buy this stock.

Comment/Reply (A)

Had a really good comment today, and i replied. I want to put this into a post so i can put it as link on the left sidebar, just so the new members can understand why i do what i do.

Comment (1):
Beanie, yes I agree about the morning gaps, but go back a month or 3 weeks and reread some of your columns. You talk up dlb, fslr, stp at up to 45 and going to 60, spwr at 72, aapl at129 buy buy buy, fls, tnh,ener the next microsoft, cme, tsl. Anyhow that seems like jumping from stock to stock. Seems like you are spending too much time pushing as many of these are way down at this point. I am not talking about investing but as a trader a lot os these position would not have worked out at these entry points and it seems like the guy you have mentioned a lot waxie always mentions entry point in his trades. Sorry I guess I am just ranting a bit.

Reply (1):
I try to give one stock pick everyday, some could be for daytrades, some could be for swingtrades and some (like DLB and ENER and TNH) are for longer term plays. After all, you can't have the makings of the next Intel or Microsoft happening in a few days. Short term players could still have made money on TNH and DLB if they entered on the morning dips. So there is something for everybody. Also, since this blog does get new readers coming in everyday, i take that in consideration as well. That's why it may seem like i'm feeding you alot of stocks. You just have to pick and choose which ones are for you and at what timeframes you want to implement the trades. God no, i don't play all the stocks and i only own a fraction of all those i post about.

SPWR - i keep on saying to buy this one, from 56 to 73 and back below 60. Those who bought below 60 the last time, made money if they were short term traders or swing traders. But if they were longer term holders they're back at breakeven or at a loss. So it is all about timeframes.

Alot of sites will pick a stock for you and give you entry (and sometimes exit points). Trust me, i've been to alot of sites and i know. After many years of trading, i now know what works and what doesn't. I developed the Beanieville System of what i know (or think) to work not just for the short term but also for the long term. I've said many times, the key to long term lasting wealth is thru longer term investing, not merely short term trading. The Beanieville System is about meshing the two aspects, daytrading and investing, into a viable alternative to the two camps. Most people are either short term traders or they are strictly investors. It's either one or the other, and both camps think that the other camp is bogus and wrong. Some people have a daytrading account as well as an investing account in which they keep separate. In my opinion, they're still really only in one camp or the other; they don't really know how to mesh the two and make real money from that combination.

I'm not gonna talk too much about what i'm thinking. When my testing is complete, i will reveal some or all the aspects of the Beanieville System.

Meanwhile, just know there are always new people visiting the blog. You pick the stocks you would like to own and stick with them for the longer term. (Longer term should mean you need to stick with the leaders of any given sector, not the TASR wannabees. ) I would highly recommend you learn the art of daytrading right now, especially on how to fade the morning gaps. When i do reveal my system, you should be ready. You don't wanna be learning how to daytrade a few years from now.

By the way, last year i did say AAPL would see 200 and i said that when it gets there (which it did) that the stock will have a huge market cap and growth after that is unlikely. I said you needed to take 1/2 off or sell the whole thing. I don't really know if 200 will be the ultimate lifetime top and that this stock can only flame out from this point on. I don't really know. But, you can still make money investing in the stock, if you use other short term strategies to generate some income, which will buffer your losses if you bought at 129. The stock moves up and down everyday. Why not take advantage of it? The question is how? I have already given you many suggestions along the way. You just have to put everything together.

Btw, if you folks talk to a dozen of (respectable) traders, they might think the Beanieville System is bogus too, to which i will reply,"They know nothing." They shouldn't be even judging until they hear about the system first.

I know alot of traders and investors have already been wiped out because of the immense volatility and downside the market has experienced lately. I personally know some.

I know some of you will also be wiped out within a few weeks and you will go back to your regular jobs, sick and tired of the stock market altogether. You will no longer visit this site , or any site. You will be gone, along with your dreams of making it in the stock market.

When i reveal the Beanieville System in a few years, it should renew your enthusiasm for the markets.

Please get on my mailing list when you can, by emailing me at beanieville@gmail.com . At least when i do reveal it, you get to decide whether it's for you (and i believe you will like it alot). This is the best thing i can offer you right now. Get on my email list now. I won't spam and you rarely get any emails from me. I won't sell your email addresses either. lol

Theory into practice … the real test!

You know that i believe there are many ways to approach the market - many ways to skin a cat, as they say. It's just a matter of which ones are better, simpler, require the least amount of time and effort to implement, least risky and most profitable. Below is another approach that differs from mine but i still respect it. You might even like it better than my approach.

----

I first showed you the theory in the introductory Traders Whiteboard
video. If you missed this video
I highly recommend that you take a few minutes to watch it before you
watch the second video with
real world trading examples.

The theory

After you watch the theory, watch as the theory is put into practice with
two real world trading
examples. The first example shows how one of the biggest stocks in the
world falls apart, and how
you could have taken advantage of this fact by using this simple trading
theory. In the next example
of this theory, you see a stock whose move is just beginning and still has
along way to go on the
upside.

The practice

It's all here, the theory, two real world examples, and proof that this
concept works. Watch, learn
and benefit from this powerful new trading video. Watch with my
compliments.

3 Hotlinks for Friday

A reader sent me this, and i thought it was too funny. "How to get FEATURED on Youtube"

Buzzing undies make shopper faint

A market on the brink of recovery? Doug Kass chimes in.

Mr. (Miss?) Market going postal!

What a horrible tape! Bulls better pray for good numbers tomorrow (unlikely) or we gonna go skydiving. Docqb mentioned a scenerio of 2 possible reaction to the numbers - i think he is spot on. Either way, we probably gonna end up closing in the red.

Hopefully nobody here is on margin. Stick to the solar leaders and we will come out alive from this bear mess. It may take another few months. It's definitely ok to sell stocks if you feel there is downside coming, and then buy it back at a lower price. I employ this strategy very frequently with my solars (as well as trading around those core positions, and i daytrade them everyday). This, i believe, is one of best ways to trade the markets (if not the best). You get the combined benefits of investing and short term income generation. You get the best of both worlds. This is part of the "Beanieville System" that i employ. Try to decipher what i'm saying and you get closer to what i believe is the 'Holy Grail'.

Let's not kid ourselves, right now the only people making the dough these days are the bears and the daytraders who fade the morning gaps. Long term bulls are in despair. Swingtrading bulls are getting their heads handed to them. If you trade options, you had better know what you're doing. Many of you option traders will probably most likely have your accounts wiped out within a matter of two months. Look at it this way, Timmy Bear the master chartist who trades mostly put options (which is great for this market) only makes about 56% theoretical annualized return if he continues his current successes. That's 56% return on options trading (which i consider is very risky). With options trading, you necessarily have to diversify your positions much more so than trading stocks. Timmy Bear has 30-50 positions at any given time. This obviously will smooth out any big gains of a particular position. What does that leave you, if you trade options?


buy this stock

5 HotLinks for Thursday

Rich Dad wants you to buy silver.

Change your breast size without the doctor.

The First Circumcision

I consider Ben Stein a very smart guy. He has a new movie to refute Darwinism. Watch the trailer

You've been seeing the wonderful series of the Traders Whiteboard i posted on this blog. Here's part #4

Solar dips are buys! (from now till end of time..jk)

There will be no specific stock recommendation for Thursday, except i feel all morning dips ought to be bought in solars.

Some of you are still confused as to my position in solars. I am not short, in fact i'm very long on solars. All the solar stocks i want, i got. You did get my email on Tuesday saying that 'Solar bears are about to take it up the arse', right? (By the way, i do send out on occasions an email to all the people whose email addresses i have. If you want to be on my email list, send me an email at beanieville@gmail.com.)

Today, however, i was daytrading solars on the short side. I was trying to catch the top on STP (which i succeeded in the end). In no way do i think today was the top for the stock. I only meant "top" for the day, not "top" as in the stock is done going up.

So there ya have it. That's pretty much all i'm gonna say about solars, and that they have bottomed.


buy this risky stock

3 HotLinks for Wednesday

American Idol scandals make the show interesting.

Newborn came out already toilet-trained

Powerhouse funds re-opening could mean a bull market is ahead.

COIN is golden!

COIN closed @ 15.3

In a market like this, with chart as beautiful as COIN's, it is hard to ignore this stock. Many reasons make this a compelling buy:

1) Dennis Gartman recommendation, there must be a good reason to pump a lowly cap.
2) High volume breakout on Monday, retested and closed green on Tuesday.
3) "Green energy" play, potential cousin of Waste Management?
4) Fertilizer play. Cramer pumps agri again.
5) They have a much needed technology to turn organic waste to high quality fertilizers in city districts.
6) If i read their presentation correctly, they are currently in one city but planning to expand across the US.
7) They could make $20,000 per day in one location (if i read that right)x360days= 8 million per year per location.
8) Shorts have no chance in hell, no hope to bring this down because float is at only 3 million shares and chart is too powerful.
9) Beanieville thinks this has TASR potential. Oh boy, are we due for one. You know i love alternative energy and believe it is the next big thing, at least 4x bigger than the internet bubble. When this mega bull market takes hold, COIN should fly, given they follow their business plan.

Every morning dip ought to be bought. The stock is only going one way for now, and that is up up and away.

Day or swing, or possibly longer term play. I don't want you to sell your solars such as TSL to get into COIN. Both can be 10-baggers, but TSL is almost a sure thing while COIN is much more speculative. Solars are for me; take that from me over my dead body.


buy this stock

Time to mint some COIN.

COIN closed @ 14.7

You know i haven't played a speculative stock such as this in a long while. My Beanieville System says i don't really need to. But once in a while, it's fun to go against the other speculative daytraders.

COIN broke out today on decently heavy volume to a new lifetime high. Cramer just pumped the agricultures Monday evening. On top of that, the market charts are saying we probably will get a rally on Tuesday. COIN has a really good lookin chart; it's going only one way and that is up.

Every high octane daytrader and daytrader wannabe and their mother is looking at this one and getting ready to buy the stock tomorrow. It is ok to buy on a small gap up but if it gaps up huge you gotta let it fade first before jumping in.

Day or swing trade, whichever is most profitable.


Interesting articles:

(Come back soon to "buy this stock". I'm still looking.)

DLB - a "brand-within-a-brand"?

DLB closed @44.2

You've seen it. It's all over the place on Yahoo and just about every popular financial site. I'm talking about Motley Fool's ad, claiming via a teaser that they found the next Intel. They don't give the name of the company but it's not that difficult to figure out the company is DLB. They think Dolby's superior audio technology will eventually be in every consumer electronics of the future, as in "Dolby-Inside".

DLB's financials are very good. Very. Revenue was about $500 million last year, growing at nearly 45%. The company is debt free and has $500 million in the bank. Their profit margin is a whopping 30%. Market cap is $5 billion.

It's hard not to like this company, even if it doesn't become the next Intel.

Longer term investment. I may buy some.


Interesting articles:

buy this stock

4 Weekend Links

If you're new to this blog, check out how i got started and why i almost quit.

Here's another weekend quicky trading lesson: Traders White Board #2

If you buy this risky stock, you're finished!