I don't see the internet stocks going much farther here..not before a pullback to the 30's...
tb
PS- this includes tighting up stops on My BIDU Chart which ran from a $100 to over $200...
4.22.2009
Internet Incognito
I don't see the internet stocks going much farther here..not before a pullback to the 30's...
tb
PS- this includes tighting up stops on My BIDU Chart which ran from a $100 to over $200...
4.20.2009
Run from Retail...
Retail had a nice run... but, it's right up against the moving average, and resistance line.. take profits here and short retail back to the 50% retracement level...
tb
4.18.2009
Nick of time...QQQQ, VIX, and OIH Charts..[Update] SKF and ISRG
Jason Noorthoek Jr. didn't want to go outside. It was pitch-black, and he was afraid there might be coyotes "as big as pigs" roaming his parents' Kent City, Michigan, property. But the 12-year-old didn't have a choice. His mother, Brenda, was worried about his father and demanded he go.
Every evening after he got home from work, Jason Noorthoek Sr. worked on cars in the driveway. The 32-year-old mechanic had supplemented his income by selling parts from salvaged cars for years, but on this night, he had to fix Brenda's car, a 1998 Buick Century that had been stalling for days.
Usually, Brenda, 31, heard her husband come in and out of the house to gather his tools, but not tonight. She hadn't heard a thing for at least an hour. "Go find him," she told Jason and his sister, Jamie, 13. "Seriously."
Continue story here
QQQQ Chart
VIX Chart
OIH Chart
ISRG Chart
SKF Chart
Every evening after he got home from work, Jason Noorthoek Sr. worked on cars in the driveway. The 32-year-old mechanic had supplemented his income by selling parts from salvaged cars for years, but on this night, he had to fix Brenda's car, a 1998 Buick Century that had been stalling for days.
Usually, Brenda, 31, heard her husband come in and out of the house to gather his tools, but not tonight. She hadn't heard a thing for at least an hour. "Go find him," she told Jason and his sister, Jamie, 13. "Seriously."
Continue story here
QQQQ Chart
VIX Chart
OIH Chart
ISRG Chart
SKF Chart
4.09.2009
4.04.2009
Lost at sea...
Travis Wright had another half hour before going on night watch, but the choppy sea below the cabin kept him from sleeping. At 11:30, he swung off his bunk and stepped into a puddle. He expected puddles on a sailboat. But this one seemed to be growing.
Wright, 20, and his buddies on the Texas A&M-Galveston sailing team were 60 miles into the Regata de Amigos, a 600-mile race from Galveston to Veracruz, Mexico. The waves were rough, but the Cynthia Woods, a 38-foot Cape Fear yacht, was built to handle far worse.
He lifted a floorboard, and a geyser shot up. "We've got water coming in!" he shouted. Roger Stone, 53, one of two safety officers on board with the four-student crew, sprang from his berth and crouched by him. This was no ordinary leak. Stone popped his head out of the hatch. "We're taking on water!" he yelled to Steve Conway, the other safety officer, at the tiller. "Start the engine! Douse the sails!" Read more here.
OIH has been lost at sea between low 60's and mid 80's... I have been watching and anticipating a break higher in OIH for some time now... the longer the consolidation, the bigger the break... I have heard of "3rd times a charm", but maybe its 8 times for OIH, as it continues to bump its head against 88.. (LOL)...However, once above 88, and OIH in new "unfamiliar territory", we could see a few false starts, but no doubt will the move higher be explosive and find its way to the moving averages around 130...
tb
Wright, 20, and his buddies on the Texas A&M-Galveston sailing team were 60 miles into the Regata de Amigos, a 600-mile race from Galveston to Veracruz, Mexico. The waves were rough, but the Cynthia Woods, a 38-foot Cape Fear yacht, was built to handle far worse.
He lifted a floorboard, and a geyser shot up. "We've got water coming in!" he shouted. Roger Stone, 53, one of two safety officers on board with the four-student crew, sprang from his berth and crouched by him. This was no ordinary leak. Stone popped his head out of the hatch. "We're taking on water!" he yelled to Steve Conway, the other safety officer, at the tiller. "Start the engine! Douse the sails!" Read more here.
OIH has been lost at sea between low 60's and mid 80's... I have been watching and anticipating a break higher in OIH for some time now... the longer the consolidation, the bigger the break... I have heard of "3rd times a charm", but maybe its 8 times for OIH, as it continues to bump its head against 88.. (LOL)...However, once above 88, and OIH in new "unfamiliar territory", we could see a few false starts, but no doubt will the move higher be explosive and find its way to the moving averages around 130...
tb
4.01.2009
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