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Long SMBLZ
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Long SMBLZ

Long SMBLZ

by The MoleDecember 18, 2009

I’m thinking long today – so I’m going to start pimping bullish candidates. So, I guess Mole wins today’s bulltard of the day award 😉

I set my alert for 30.6 on AVP.

Trying to get a fill now on BX – stop at 12.5ish.

Michael is gushing over RINO – I personally will wait for 27 before I enter. I’m probably too perfectionist on that one but I think it can drop a wee bit more.

Probably not going to happen but if CPB goes to 32 I’m game for a long. Right now it’s kind of hanging in mid air and I don’t feel comfortable taking a position yet.

CSCO – I’m not super hot on this one plus the ATR is short of 2%. I got a tight stop on this one in case it breaks – the spreads are penny wise so easy to get in/out.

DD – but wait for it – I think it’s good at 31.4ish.

FCX moves too slow for me but I’m posting it because I like the pattern.

GPS at 20.2ish.

I know you’re going to hate me for this one – MS but with a tight stop in case banks decide to go to shit.

I must be crazy – NEM long – it’s retraced quite a bit. If it goes to 50 I’m out. Again, tight stop.

PBR has taken it up the rear in the past week – a bounce here is possible.

ATR sucks on PEP but damn – what a move! Might be a good long here if you’re a dare devil 😉

I hate this company but TWX might make a good long at 28.5.

Donated by Anna – and I agree. V is a big fat pig and needs to be shorted right now.

Last but not least – XOM – very nice support line here but keep a generous stop if you can afford it.

Wow, that was a lot of work – the short setups look so much nicer these days…

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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