Wednesday, December 5, 2007

Perini Update


PCR had a significant move yesterday. with double the volume and no news, this is a tell my friends as this stock blew through resistence and is going to make new highs is the markets stay stable. VIP looks great, have had big gains in PCR, BVN, NOV, MTL and MDR:

http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={0AAF7CBC-DA0B-442C-99FA-50BD8D40C39F}

http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={39244ebd-70b1-4fa0-8f25-57d50b076937}

Closed my Amazon Dec call with a 44% gain.


Cramers wrong about MOLY, at least how to play it. FCX is the right way!

http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={56ae7718-4a89-4c61-92f5-adf074d9e5cd}

Whats troubling in this rally is the XLF is weak, thats not good, I think the techs have bottomed and we should rally the rest of the week if we close higher than the mid day point.

7 comments:

Mike said...

Bought Perini this morning but see it is going down while market up big. Should I be concerned? I am not a daytrader.

I was following VIP for a few weeks now and almost pulled the trigger at 28 when the market was tanking but was too scared. Missed the boat on this one for now? Probably best to hope for a pullback if not in already I am guessing for VIP.

prudentstockinvestor M.D. said...

Hey Mike just curious, how did you find my Bolg, and do you know how I could promote it. Lateley I have been so darn right on these markets, i wish I could be useful for more people. Anyway, PCR does not trade with the markets for some reason. I have held it for months and I only know about it what I disclosed. Although as you know I am not an expert in this field I do live by the numbers and PCR has a bright future. Just use your 8-10% stop, but dont put it in before hand because small stocks can swing wildly.

Best wishes

prudentstockinvestor M.D. said...

I dont day trade. Everything i talk about I look at target and theme based, I look for stuff that has funamental mo mo and is cheap. The options I pick up are based on picks of stocks with good funaments after they blow or are percieved to blow earnings, as I look for recovery.

Mike said...

I believe I just put in search words into google (I was looking for blogs analyszing the markets). I cannot recall the exact key words I used to find your blog.

Your blog is new so will take time to get a following.

For starters you can look at these links for ideas to promote your blog:

http://www.rss-specifications.com/promote-your-blog.htm

http://www.blogexplosion.com/

http://www.problogger.net/archives/2007/01/11/how-to-market-your-blog-in-2007/

http://www.blogsoldiers.com/

http://www.blogadvance.com/

Mike said...

This is not for your blog but if you want people to be able to follow your picks and see how you do, go here and sign up for a free account and start posting your picks to be tracked:

www.socialpicks.com

prudentstockinvestor M.D. said...

Thanks Mike

Mike said...

add your blog to this stock blog directory for free:

http://www.stockblogs.com/editor.aspx

http://www.stockblogs.com/index.aspx

About Me: Disclaimer

$BPCOMP

$BPCOMP
Extremely Oversold

Regarding Chart: BPCOMQ

This is the lowest close seen in years, usually a sharp and violent rally follows these moves enhanced by short covering, this is no time to short and start making a shopping list.

Bear-ly Hangin" In dustrials

Bear-ly Hangin" In dustrials
Dow Graph: 11/20/07
The Dow looks like its fighting for its life here at the level. It's no surprise there was a vicious bounce off the trend line as shown in the chart. Unfortunately, the last time we had that five hundred point reversal day was caused by the Fed stepping in, there has to be a similar event that helps the market or there is more pain ahead. The Fed minutes said nothing the market really liked, we sold off hard and bounced back hard as we hit support. This was just a reflex rally we may have to get one more really painful selloff to get around 12500.