Market Watch 1/18 - 1/31 2010

[Dr. Dave]

Dave

Do you think that we get that 3.5 cents tomorrow and then reverse with profit taking on Friday EOD?

I would love to take alittle off the table near .80...Are we going their???

If I could answer that, I'd be selling DVD's, lol. Here, I give it 84% chance of hitting 77 (have to shave off 0.5 in case the line doesn't get hit right on the money) in the next 4 trading days. 84% comes from the old ascending triangle pattern target % rate, 4 days comes from duration of the pennant being applied from breakout till now.

Anyway, if you want to take some off the table, when you see a reversal candle about to print into the close, make a sale.

[Dr. Dave]

dr dave ...FSLR call option may be the play tomorrow morning... obama hyped up solar panels and dumping money into getting that sector going with employment... looking @ FSLR chart looks like a nice bottom and reversal setting up. timing is right for the up move.

You going to use calls? I may not be up early enough for that, I'm still at work, and it's about 1:30 am. Looks like a good setup though.

[Dr. Dave]

Wow, most every solar chart I have in my bank are looking the same way, and PBW flashed a couple of serious reversal candles.

[bassmaster]

i think solars will be huge today. lets see

[candleman]

Just in case anybody is paying any attention.

SIRI hit over 80 cents this morning. It may not hold for long, but it sure is a beautiful sight!

[just sirius]

Siri Update

closing sp .816

gotta love it!


Bill- stay thirsty my friend!

Jeff

Just in case anybody is paying any attention.

SIRI hit over 80 cents this morning. It may not hold for long, but it sure is a beautiful sight!

[Dr. Dave]

If I could answer that, I'd be selling DVD's, lol. Here, I give it 84% chance of hitting 77 (have to shave off 0.5 in case the line doesn't get hit right on the money) in the next 4 trading days. 84% comes from the old ascending triangle pattern target % rate, 4 days comes from duration of the pennant being applied from breakout till now.

Anyway, if you want to take some off the table, when you see a reversal candle about to print into the close, make a sale.

Ok - I change that, how bout 100% we hit it in one day, lol.

[just sirius]

Dave

What does your crystal ball say for Siri for tomorrow! Still waiting to cash out 5700 shares to pay some taxes...So far...still looking good for tomorrow?

Jeff

[Dr. Dave]

Dave

What does your crystal ball say for Siri for tomorrow! Still waiting to cash out 5700 shares to pay some taxes...So far...still looking good for tomorrow?

Jeff

I thought you were waiting for the 0.80s, lol. It hit today.

Well, it has a pretty solid candle, so I think it's up for at least part of the day. If the market drops, it could do a hanging man, but if the market is even, then I say up, but I will have to pour over some charts to see where the next target is. But..... you were waiting for 0.80s, so why not take it? Buy a hundred dollars worth of calls afterward, lol. Those were up 100% for part of the day today.

[Dr. Dave]

Penny stock chart of the day.

I bet the folks that held over Xmas were crapping their pants then, and then recrapped thier pants today....