January Stock Talk Part III

gap down, tiny bounce, then went below the gap down level

if you have time and sales, always look for a big fat print at the open on the gap down...thats the specialist getting long

if he opens the stock with a 1k share print on a gap down...he isnt buying anything

emc rumor - apple will announce a new thin notebook at mac world using emc data storage technology

 I think C goes lower than 27 and  upon reflection, I just cancelled the order for any shares at $27. Why bother?

Good move.  I was wondering why you were looking to buy.  I wouldn't touch this thing with a 10-foot pole right now.  Wait for sub-$20 and then buy.

Time to buy PBW (alt energy) at these levels.  Almost 20% off its highs a couple weeks ago. It will be back.  Like the chart.

boiler - you know it as well as anyone

when the mkt wants to buy, they spin the news positive...when they want to sell, they spin it negative...doesnt matter what the news is

i remember being at a hedge fund (client) in late october and they were shorting C by the truckload...when it was in the mid to high 40s

More House of Pain.

I still believe when all is said and done at the end of the year the market will be positive for the year.  I would look to add on days like this.  But maybe I'm just an idiot.

funny thing is some analysts thought citi did not write down enough.....and did not cutt dividend enough either,,,the thinking is that if they were really letting all the skeletons out of the closet these write downs would be more

boiler,

I am a bit shocked too..they didnt cut the div that much and the write downs werent THAT bad.

You doing any buying on the market today?

Solars getting kicked again today..some big moves to the downside, and probably rightly deserved.

CRDC with the intra-day spike.

i'd love to see this baby close above $11 today!

CRDC is part of a major set of presentations :

Five leading medical technology companies will host the first annual After Hours Event on January 26, 2008 at 6:30 p.m. in Fort Lauderdale, aboard the yacht "Princess Lady." The invitation-only event, immediately preceding the largest meeting of cardiothoracic surgeons in North America, will feature comprehensive presentations and open discussions by renowned cardiac and thoracic surgeons highlighting the latest medical therapies and technologies.

From a newsletter, more of what most here already know but it is official now:

It’s Official: Greenspan Is a Jerk

John Paulson (he of the bearish megabet) must also have a sense of humor. This is evidenced by his decision to hire Alan Greenspan. His firm, Paulson & Co., will be taking on the maestro as an official adviser.

One has to wonder, Is this a tongue-in-cheek quid pro quo or what? You scratch my back, I scratch yours? After all, it was Greenspan’s relentless flood of cheap money that got the bubble started in the first place.

Perhaps Mr. Paulson felt a debt of gratitude. After a multibillion-dollar score, throwing Greenie a few bones is the least he can do.

If Greenspan had any sense of decency, though, he wouldn’t take the dough. (But then again, if he had that he wouldn’t be making his successor’s job harder by running his mouth nonstop.)

For nearly two decades, Greenspan was a Delphic oracle. He practically spoke in hieroglyphics -- except when he was shifting blame. Then he retires, the spotlight moves away, and presto! The maestro can suddenly speak English. And so what does he do with this newfound ability? He says whatever comes into his head, brags about being indecipherable all those years before, and directly profits from the mass destruction he had a hand in creating.

If there was a “Jerk of the Decade” award, the maestro would be the front-runner.

Bush is the leader of the "Jerk of the Decade" race, but Greenspam isnt too far back.

What is most humorous is that people were snowed into thinking he was a great FED chair..he wasnt plain and simple.

Holy shit Intel!

Crash alert tomorrow? 

Looking closer the results really don't look that bad, just the Street has maybe some unrealistic expectations.  It's not as if Intel is like Citigroup.  I gotta believe this is a company to buy on the cheap under $20.  Am I wrong here?  Intel hasn't spent much time under $20 since 1997.  It's now basically flat over the last 10 years.  Crazy.  P/E moving into the mid-teens.  But I guess everything that isn't growing wildly is getting whacked these days.  There is no leeway.

I look for a drop early, I will be taking a trade early in stocks unrelated to the tech sector..

Problem is the market doesnt rally anymore..just rallies off dumps, then dumps more..