Now Reading
Long SMBLZ
215

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…

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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator