seventy

X Factor Yells SELL !!!

2009-08-14T05:48:00.000-07:00

The X factor is a proprietary indicator based on three technical factors, which incorporate daily Put/Call, NYSE/NASDAQ Volumes, and Market Volatility data. It just hit a Five-Year low of 0.077, which is Very BEARISH.

RRR
8/14/2009
8:08 AM

Remember 1776

2009-07-07T13:59:00.000-07:00

Remember 1776,

On the NASDAQ.

If we close below that level, we have officially

re-entered BEAR market territory. GRRRRRRRRRRRRRRRRRRRRRRRRRRRR...

It's COTT to be BOUGHT !!!

2009-05-05T04:56:00.000-07:00

Cott, Inc. has just broken out from less than par per share to $4.27/share. Even though it has had a nice run, it is still cheaply valued. I'd let it correct a bit, before initiating new positions. However, it still possesses huge upside potential !

Slick Irons

Price: $4.27/share
Price/Book: 1.30
Price/Sales: 0.18
Fair Value: $7.33/share

Happy Cinqo De Mayo !!!

http://finance.yahoo.com/q/bc?s=COT

"Those who Cannot Learn From History,

2009-04-21T05:47:00.000-07:00

Are Doomed to Repeat It."

Santayana

LOOking Back to SEE the Future

Pump and Dump

After a much needed correction of 10% for the general market, I envision a massive Pump and Dump scheme being perpetrated against unsuspecting investors. The correction should take us through most of May.

Then, I expect a breathtaking rally, which should vault the NASDAQ up at least 33%, in a couple of months. This is the Pump stage being evidenced in all of its glory !

Then, unfortunately, we will witness the Dump stage, as we drop decisively again below 1500. We will rally modestly into the New Year, as we complete a volatile Year of market activity virtually unchanged.

RRR
4/13/2009

Chinese New Year Rally Expected

2009-02-08T11:13:00.000-08:00

Happy investors should herald the Chinese New Year, the Year of the Ox, with a rousing and appropriately bullish, world-wide rally, which should drive the NASDAQ up over 34% in 54 days. The run should last until St. Patrick’s Day, when everybody takes a deserved break from the financial festivities, and turns instead, to more traditional liquid libations.

In the meantime, Everybody have a Healthy and Happy New Year and enjoy the Bull run!!!

Slick Irons

This Winter's Frolics

2008-12-19T05:26:00.000-08:00

This bear market has ended for now. Expect a 5% correction, followed by a 7% bounce. Then, I foresee an 8% correction. Lastly, I envision a tremendous 34% rally, in short order.

Then...the BEAR re-emerges from his winter's hibernation, to wreak havoc on the world's equity markets.

At least, that's what happened Seventy years ago...

Slick

Seventy Years Ago

2008-11-24T03:36:00.000-08:00

Today, I woke up to this troubling headline, “CPI Falls Record 1%, Housing Starts Dive; Fed Fears Deflation?” It was dated November 20, 2008. And yet, it reminded me of the Depression and that infamous decade, The Thirties. Specifically, it “rekindled memories” from the late Winter of 1938.

1938 -19.16%
2008 -16.48%

As you can see, Seventy years ago, in the middle of the Depression, we experienced an eight-day period for the DOW, which was very similar to the last eight days for the NASDAQ.

Will History Repeat Itself ?

Or, merely Rhyme ?

The Good News ! The DOW reached plus 51% on the week ending January 3, 1939, after it bottomed in March 1938 ! Hopefully, we repeat the performance in 2008/2009...

RRR