Author Archive
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Let’s get serious again, Bears!
Beanieville, | December 27th, 2009 at 11:10 am
Remember this post back in October? I told the bears to get serious and why they should get serious. I even talked about the Golden Cross, and it looks like we're doing much better than we did in the 1930's.
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How To Make Big Stock Market Returns In The Long Run As A Trader Or Investor
Beanieville, | December 17th, 2009 at 7:42 am
A Powerful Stock Market Idea Whose Time Has Come...Wikipedia defines "thinking outside the box" as:
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Dennis Gartman should talk less
Beanieville, | December 3rd, 2009 at 8:00 am
Remember Gartman's 22 rules of trading? I wrote a post about it here. I said I doubt you can trade well by just following rules.
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If it works, don’t change it
Beanieville, | December 1st, 2009 at 7:05 am
The last seven months while the market was rallying, I saw all kinds of weird charting methods and systems, all proclaiming we would not go as high as where we are now. Most predicted another crash. That didn't happen.
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Buffett spree raises stakes in revival bet
Beanieville, | November 22nd, 2009 at 1:01 pm
Berkshire Hathaway has bought shares in ExxonMobil and Nestlé while almost doubling its stake in Walmart in a move that appears to raise Warren Buffett's bet on a US economic revival and what it might mean for energy prices.
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Question/Answer regarding DRYS and gaps
Beanieville, | November 20th, 2009 at 9:16 am
Question:
If you knew we were going gap down this (Thursday) morning, why did you buy DRYS yesterday? (This relates to the gap talk in this post.)
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Market for Wednesday
Beanieville, | November 18th, 2009 at 8:16 am
Looks like we're ready to make another new high soon, starting with an opening gapper upper.
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Get out of the bear camp!
Beanieville, | November 17th, 2009 at 8:06 am
It's all over, okay?
The bears already had their fun. And those bears not smart enough to take their earnings and run when the going was good, will be paying back and then some.
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Full house at the malls
Beanieville, | November 16th, 2009 at 8:24 am
I've been to 4 major malls this week in the Silicon Valley area and I gotta tell ya, I think retail is coming back with a vengeance.
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The man who made too much
Beanieville, | November 15th, 2009 at 12:22 pm
In one of my posts about John Paulson, I indicated that he and others doing similar trades may have contributed greatly to the financial collapse. John Paulson raked in $3.7 billion for himself while making $15 billion for his firm.
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Market still bullish
Beanieville, | November 14th, 2009 at 11:41 am
I've been looking at some Spy and Dow charts tonite and they still look peachy from where I'm sitting.
Maybe the bears have mystical charts I'm not aware of.
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The Whipping Boys of Wall Street
Beanieville, | November 11th, 2009 at 1:01 pm
This morning's high on the Dow touched the 10340 area, which holds significance to Fibonacci lovers. That's the 50% retracement level from the top of two years ago. The next level up, representing the 61% retracement level is at the 11200 area.
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Market for Wednesday
Beanieville, | November 11th, 2009 at 8:30 am
We consolidated today and the bears ran for the hills. We closed red to neutral today. I said yesterday it was the likely scenario.
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Don’t short this market!
Beanieville, | November 10th, 2009 at 8:26 am
We are gonna rally into year end, to at least Dow 11,000 as I've said many times before. We only have about 7 weeks left to this year.
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*AKAM another great tech
Beanieville, | November 9th, 2009 at 8:24 am
Mentioned this one last week but would like to re-iterate.