NAZ: Key support for bulls ahead remains 2250

Bot some HRT today, seems some growth here

SMOD now 11.45 pre/hour, called@9.89 this Tues at Group

=========My alert sent to group on Tuesday==========

Bot some SMOD@9.89 here.

target: 11? stop-loss: 9.4 --
Sep 26, by Blue Blue - 1 message - 1 author

Bottom-fish called yesterday at my Group

======My alerts sent to group yesterday======


Bottom-fishing CTB@10 now

Played this 3 times now. by Blue Blue - Sep 28 - 1 message

Buying dip, order CHTR@1.51 filled

I'm bullish on it as long as it holds 1.5 well. byBlue Blue - Sep 28 - 1 message

ZILA NOW 2.57,+16%, Called@2.13 on Sept20

===========My alert sent to group===========

Bottom-fish: ZILA@2.13
Sep 20, 10:08 am by Blue

SVNT is a bullish play picked yesterday at Group

INTC a nice running up 20.63 +3.3%

DBRN closed@21.8+5.42%,called@18.42 on Sept 8.

DBRN reached 21.95 & closed @21.8+5.42%,called @18.42 on Sept 8.


========My alert sent to group========

DBRN in 18.42 today
- Sep 8, 2:58 pm by Blue Blue

Bulls beating bears: NAZ over 2250+ SPX over1330 now!

Another growth play & S/W play: SNWL

Two undervalued S/W plays called to buy recently

EPIC SAPE

INTC a nice "W"bottom formed. Looking much stronger here.

It's now 19.64. I once asked who would short it under 19.49? How much downside could he/she expect from INTC under 19.49?

SVVS vs. AKAM

SVVS once picked @0.72 as a bullish penny play & it ran to 2.4x within 2-3weeks. It got a reversa split but managed to go up ever since.
I once compared SVVS to AKAM. AKAM set all-time high @49.24 yesterday. So SVVS is relatively cheaper.

Good for Bulls. NAZ broke out of 2250!

Buy dip, buy dip....Let's say hello to 2300 soon!

Good news for Bulls:Oil Prices Fall Below $60/Barrel

Sunday September 24, 10:45 pm ET

Oil Prices Fall Below $60 a Barrel As Traders Respond to High Inventories by Selling
SINGAPORE (AP) -- Oil prices dropped below $60 a barrel Monday as commodity investors responded to high inventories and a lack of geopolitical tensions to sell, analysts said.
Victor Shum, an energy analyst with Purvin & Gertz in Singapore, said hedge funds and investors were reacting to a lack of bullish news but noted that $60 is still a very strong price and said the market was still vulnerable to price spikes.

Bottom-fish & Growth Plays in My Focus Now

1. Bullish penny pick CHTR around 1.5 last week, it closed @1.55 on Friday. Recent volume is very good. CHTR is the 3rd largest cable operator in the U.S.
2. Bottom-fishing ZILA on Wednesday, it closed up +12.81% to 2.29 on Thursday. It closed @2.28 on Friday.
3. On Wednesday bot PIR @6.7. On Friday it closed @7.75 & rose to 8.02 in A/H;
4. ....etc..I got several more bottom-fish as well as growth plays last week for the bullish plays ahead.
   

Recent Picks on the Short Side(Sept15-Sept22)

1. SPWR shorted on Sept 15(Last Fri) @28.25, it dropped to 25.71 &closed @26.27 on Sept22(Fri). Once down -9%.
2. STP shorted on Sept 15(Last Fri) @26.7, it dropped to 23.29 &closed @23.64 on Sept22(Fri). Once down -12.8%.
3. TNOX shorted on Sept 15(Last Fri) @12.58, it dropped to 11.82 &closed @12 on Sept22(Fri). Once down -6%.
4. VC shorted on Sept 15(Last Fri) @9.52, it dropped to 8.22 &closed @8.61 on Sept22(Fri). Once down -13.7%.
5. CBAK shorted on Sept15(Last Fri) @5.35, it dropped to 4.9&closed @4.9 on Sept19(Tues). Once down -8.4%.
6. ESLR shorted on Sept 18(Mon) @9.08, it dropped to 8 &closed @8.04 on Sept22(Fri). Once down -11.5%.
7. OMNI shorted on Sept 18(Mon) @8.12, it dropped to 7.04 &closed @7.2 on Sept22(Fri). Once down -13.3%.
8. RES shorted on Sept 19(Tues) @18.98-19.05, it dropped to 17.86 &closed @18 on Sept22(Fri). Once down -6.2%.
9. TSCM shorted on Sept 20(Wedn) @11.02, it dropped to 9.97 on Sept21(Thurs). Once down -9.5%.
10. QDEL shorted on Sept 21(Thurs.) around 13.9, it dropped to 13.16 & closed @13.4 on Sept22(Friday). Once down -5.3%.
11. ...etc.

OMNI now 7.04, called/short@8.12 this Monday

========My Alert Sent to GROUP========

Shorted ESLR@9.08 OMNI@8.12
Bearish stock? -- - Sep 18,by Blue Blue

ESLR now 8.05, called/short@9.07 this Monday

Crude oil crashed again today.

VC now 8.46-6.52%,called/short@9.52 on Sept15

============Alert to the group==============

Automative got downgraded? Shorted some VC@9.52 here "F" also lost its steam today. -- - Sep 15, by Blue Blue

1310 a strong support for SPX while 2210 for NAZ

I expect it to be strongly held. We're NOT at a BEAR market YET.

Oil crashed again today. This will be seen as a positive factor rather than a negative one by Wall ST later.

We are not too far away from the midterm election, not far away from year-end when a rally usually happens.

When all other bubbles(commodity, housing) burst, the safe heaven could be stock market, as this is a US$-domintaed property while economy is not seen in a recession.

So I just don't see too much downside from here. 1310 will be a strong support for SPX while 2210 for NAZ.

QDEL dropping, shorted yesterday.

ECIL now looking better, called@7 not long ago

BWNG is a pick yesterday, up+6% yesterday

CHTR a bullish penny play, it rose to 1.56 yesterday

Isn't it the 3rd largest cable operator in the U.S.?

ZLIA up+12.84% on Thurs. Called as bottom-fish on Wedn.

PSUN rising good, now+6.5%,back yesterday

==========Alert sent to group yesterday===========

Buy on dip: PSUN @14.95
. - Sep 20, 10:46 am by Blue

Bullish penny:CHTR & Bottom-fishing: ZILA

Both were called today at group.

From commodity bubbles to stock bubbles

I guess we're right on the way to create new stock bubbles after the commodity bubbles bursted recently. That's why I would focus on buying dip, even though I could go shorting from time to time on a fast-trade basis if market got too much overbought.

NAZ broke out the range 2200-2250 today after it had a fast decline to 2202 yesterday. I am now looking for a new range 2250-2300 ahead.

Good night!

Market borke out of range 2250-2200 this morning

Better focus on buying dip ahead. All my shorting so far had to be based on fast trades.

My complete short/picks list

Here's my complete short/picks list, all got very-well paid off today. It's good to go short before others panic selling!

Nine called@ last Fri:BGC SPWR STP CBAK SMSI CRA TNOX VC GNSS
(VC dropped to 9.30 yesterday)

Two called@ Monday:ESLR OMNI

Check them out here:


http: //finance.yahoo.com/q/cq?d=v1&s=
BGC+SPWR+STP+CBAK+SMSI+CRA+TNOX +VC+GNSS+eslr+omni+

I began to go shorting from last Friday

No bull market can go up in a straight line, especially when are so much overbought in near/term. However, I think the downside might be limited & NAZ seems now a range market.

ICE reached 77.92 on Monday, called@65.29

========Alert sent to group on Sept 5========

Bot ICE@65.29

- Sep 5, 1:48 pm by Blue Blue

SMSI news out last night! $100mln stock self filed!!

SMSI once called/short @14.68 at Group on July26. It went down to 9.01 on Aug11.Once down -39% within 13 trading days.

Called/short again recently.

======Alert sent to GROUP BluelightNewsletter======

Shorted SMSI@14.68 today

i TRIED TO SHORT HERE because I think it is overpriced. .....Jul 26, by Blue Blue

Range market before FED meeting

So I have long positions as well as short positions.

GYI now 54.96, called/long @48.45 last Thurs

VC CRA STP TNOX SMSI CBAK is among my recent shorts' list

AP/ Trade Deficit Is 2nd Highest Ever

The Commerce Department reported Monday that the deficit in the current account rose to $218.4 billion in the April-June quarter, an increase of 2.4 percent over the deficit in the first three months of the year.

The deficits through the first six months of this year put the country on track for a fifth consecutive annual deficit, surpassing last year's mark of $791.5 billion. The record high for a single quarter was a $223.1 billion imbalance in the October-December period last year.

So far, foreigners have been happy to hold dollars in payment for American purchases of cars, televisions and foreign oil. But the concern is what would happen should foreigners at some point decide they want to hold less in dollar-denominated assets.

A rush for the exits by foreigners could send U.S. stock prices and the value of the dollar plunging and send American interest rates sharply higher

TNOX among my recent shorts' list

SMSI might be ready to short again?

SMSI once called/short @14.68 at Group on July26. It went down to 9.01 on Aug11.
Once down -39% within 13 trading days.

======Alert sent to GROUP BluelightNewsletter======


Shorted SMSI@14.68 today
i TRIED TO SHORT HERE because I think it is overpriced. .....Jul 26, by Blue Blue

SPX passed a ittle bit my target 1323 to 1324.65

SPX passed a ittle bit my target 1323 for this rally =>1324.65.

Near/term could trigger some selling pressure. Due to today an OE day, I guess not much downside before FED meeting next week.

However, just in case some downside after FED meeting, I began to go some shorting today.

CTB closed@11.61, called@9.45 at Group last Thur.

CTB was called @9.45 on Sept 7, last Thursday.
It's now 11.61, moving closer to my target 12-13.

============Here's my alert sent to Group=============

Bot back CTB@9.45

there might be another leg up.. .-- Sep 7, by Blue Blue

CRIS reached 1.98 today,called @1.01 on Aug17

CRIS reached 1.98 & closed @1.72 (+19.55%)today, called @1.01 on Aug17.

So this bullish penny pick has once gone up about +97% within 20 trading days.

========Old msg to group=========

Update Today (Aug 18, Fri.)

Buying of Thursday:.. CRIS @1.01 ... .. ...

TMTA closed@1.32(+12.82%) today, called@1.16 at Group yesterday

TMTA reached 1.34 today, called @1.16 at Group yesterday morning.

Up about +15.6% within 2 days.

=======My alert sent to Group yesterday======

Bought TMTA@1.16 today

-- Sep 13, by Blue Blue

SPX aaproaching my target: 1323+

==========Old post on Sept. 11===========

1323 remains my target for SPX ahead 11 Sep 2006 by Blue

I would buy on dip as long as SPX holds 1291-1294 well. SCRX, my bottom-fish is now looking much better & could likely squeeze the shorts ahead.

NURO dropped=>17.89 today(-12.8%),Called/Short@29.16 on Aug24

This short is once down about -39% within 14 trading days.

=====My alert sent to group on Aug 24====

Shorted NURO@29.16 just now

looking bearish to me.

-- Aug 24, by Blue Blue
======================

Bullish penny candidate:TMTA called recently

TMTA has very good relationship with AMD and Toshiba.

TA speaking, soon it could likely break out of the S/T downtrend line developed from Aug 8.

AVCI just reached 10.1, called@9 on Sept7

========My alert sent to Group on Sept 7========

Bot AVCI@9 now -- Sep 7, by Blue Blue

NITE new high->18.41,I said "Under 17 is a buy and hold." on Sept7

==============My alert sent to Group===============

NITE@17.02 added more here. //Under 17 is a buy and hold.

target: 19.8-20 -- As a subscribed member of the BluelightNewsletter group, you have read & agreed on the terms set forth in the Disclaimer. ...

Sep 7, by Blue Blue

HMB is another bottom-fish called@5.84 yesterday

you=========My alert sent to Group Yesterday=========

Bot HMB@5.84 Today for Bottom-fishing play
Sep 12, 3:18 pm by Blue Blue

Bottom-fishing: SCRX Called Here @17.7x

Bottom-fishing: SCRX Called Here @17.7x ......solid balance sheet......rev/earning growth.....repurchase plan of $30m............huge short interst likely get squeezed ahead.....JMHO
================================

Shares Outstanding:35.22MFloat:29.67M
% Held by Insiders:25.83%% Held by Institutions:82.60%
Shares Short (as of 10-Aug-06):11.01M
Short % of Float (as of 10-Aug-06): 31.40%
Shares Short (prior month):10.41M


Revenue (ttm):264.44M Revenue Per Share (ttm): 7.517
Qtrly Revenue Growth (yoy):45.30%
Gross Profit (ttm):183.03M
EBITDA (ttm):93.05M
Net Income Avl to Common (ttm):42.92M
Diluted EPS (ttm):1.07
Qtrly Earnings Growth (yoy):27.10%

Total Cash (mrq):133.02M
Total Cash Per Share (mrq):3.777
Total Debt (mrq):150.00M
Book Value Per Share (mrq): 10.353

My Two Auto-play Picks: F & CTB (II)

CTB was called @9.45 on Sept 7, last Thursday. It's now 11.31.

============Here's my alert sent to Group=============

Bot back CTB@9.45
there might be another leg up.. .
-- Sep 7, by Blue Blue

My Two Auto-play Picks: F & CTB (I)

F closed @7.42 on Aug 22. I called it as a long/term investment pick before market open on Aug23. F is 9.06 today.

============Here's my alert sent to GROUP==============

A stock might be good for your longer/term investment

Why?
I think the things has been changed a lot in the auto-sector, with many part-makers going BK, many workers losing their ground of benefits or even jobs. GM has rosen nearly +70% since early the year. F has been somwhat lagging.

But..
Ford is trying some big steps here...Lots of things have troubled this industry...and they decided to tab on them.The main market for FORD is still the U.S. Oil could be retreating next year, American would think to buy Ford again. In addition, Ford has some successful ventures in China and that's a good future picture for it...

So..
As a long/term buying, you could add it to your watching list. And today could be a good day after it has dropped for 4 days.

FNET doubled within 3 days: 6.7->14.15. So PGIC is much cheaper

CTB might be ready to move higher again

Last Thurs. I called @9.45, it reached 11.26 the 2nd day.
I think its target is higher from here. Might be ready again?

1323 remains my target for SPX ahead

I would buy on dip as long as SPX holds 1291-1294 well.

SCRX, my bottom-fish is now looking much better & could likely squeeze the shorts ahead.

NUHC dropped to 11.91 today. Called/short more 14.24 recently.

Bubbles will break in the end.

========my alert sent to group==========
Shorted more NUHC@14.24, 14.04

Shorted more NUHC @14.24, 14.04. I am averaging uphere. I think I am close to the top.
-- Aug 30, 2:33 pm by Blue Blue

=================================

Projected Economic Releases for Next Week

Projected Economic Releases for Next Week
(Consensus Forecasts vs. Previous Report)
Sep 12
Trade Balance 8:30 Jul -$65.5B vs -$64.8B
Sep 13
Crude Inventories 10:30 09/08 NA vs -2212K
Treasury Budget 14:00 Aug -$64.0B vs -$51.3B
Sep 14
Business Inventories 8:30 Jul0.5% vs 0.8%
Export Prices ex-ag. 8:30 AugNA vs 0.2%
Import Prices ex-oil 8:30 AugNA vs -0.1%
Initial Claims 8:30 09/09 315K vs 310K
Retail Sales 8:30 Aug -0.1% vs 1.4%
Retail Sales ex-auto 8:30 Aug 0.3% vs 1.0%
Business Inventories 10:00 Jul0.5% vs 0.8%
Sep 15
Core CPI 8:30Aug 0.2% vs 0.2%
CPI 8:30Aug 0.2% vs 0.4%
NY Empire State Index 8:30 Sep 14.0 vs 10.3
Capacity Utilization 9:15 Aug 82.5% vs 82.4%
Industrial Production 9:15 Aug 0.2% vs 0.4%
Mich Sentiment-Prel. 9:50 Sep 83.5 vs 82.0

NURO dropped=>20.57 on Sept7,Called/Short@29.16 on Aug24

This short is once down about -29.5% within 10 trading days.

=====My alert sent to group on Aug 24====

Shorted NURO@29.16 just now
TA looking bearish to me.
-- Aug 24, by Blue Blue

======================

CTB closed@11.2, +15.11%on Friday.Called@9.45 on Thurs.

This call/long reached 11.26 on Friday, was once up +19% within 2 trading days.

=======My alert sent to Group on Sept7,Thurs=======

Bot back CTB@9.45

there might be another leg up.. .
-- Sep 7, by Blue Blue

==========================================

Skying is not falling down. Have a good weekend!

From here there're still lots of positive topics, such as: oil price dropping, commodity price dropping, housing sector getting stable after bubble-broken, interest rate hiking pause or even reverse, November election coming...

Even though I may short some weak names from time to time, I would mainly buy on dip as long as 1291-1294 holds well.

U.S. retail gasoline price fell again

NEW YORK, Sep 8, 2006 -- New York Mercantile Exchange trading Friday left energy commodity prices lower, with high-quality crude oil down 94 cents to $66.38 per barrel.
Natural gas was off 4.8 cents to $5.675 per million Btu.

Heating oil fell 3.96 cents to $1.848 per gallon, and gasoline declined 3.17 or $1.61 per gallon.
Meanwhile, AAA said early Friday that the average U.S. retail gasoline price fell again, this time hitting $2.683 per gallon.

1323 remains my target for SPX ahead

Let's say it simple... Who would short INTC here @19.48? How much downside is he looking for from INTC? The bad news are all known about INTC. Recent announced restructure plan will save billions of $ ahead.
JMHO

CTB +10.2% now 10.75 printed. Called yesterday at Group

Bottom-fishing candidate: SCRX@17.78

Might be worth buying on dip.

CTB is the stock I bot on dip today. Up +6.34% today.

JRCC DWSN were holding well today

JRCC holding well today. DWSN once rose to 30.05 & closed @29.74(+5.72%).

1323 remains my target for SPX ahead

So I would buy on dip for bounce play as long as 1291-1294 holds well.

NURO closed@21.92(-11.72)today. Called/Short@29.16 on Aug24

NURO once down to 21.66 today. Called/Short@29.16 on Aug24.

This short is now down about -24.8% within 9 trading days.

=====My alert sent to group on Aug 24====

Shorted NURO@29.16 just now

TA looking bearish to me.
-- Aug 24, by Blue Blue
======================

ZUMZ closed@20.8,-4.67%,called/short @31.03-31.54 on July28

=======Alert sent to group on July 28========

ZUMZ is old pick to short. Shorted@31.03 today//Shorted more.It's now 31.54...

From: Blue Blue Date: Fri, Jul 28 2006 9:52 am

I think it's overpriced above $30. Bubble to me.

==============================================

NAZ strenthened its sell-off in the afternoon

1. NAZ strenthened its sell-off in the afternoon. Going ahead, we had better be cautious when buying.
2. Tomorrow could be a key day for the bulls to fight back. So far SPX DOW were holding stronger than NAZ.

1323 remains my target for SPX ahead

I think the downside is limited from here for S/T: 1291-1294

How far can this Bull go?

Last Friday I expected this Wednesday probably see 1323 or even set new high at that speed of +7points /day. But yesterday SPY was up only 2 points. Since it's unlikely to see SPY up over 10 points today, we could unlikely see 1323+ today here.

For the bulls, however, it's far better to have gradually upward days. When SPY rises at too fast rate(points/day), we should be warned. I still think SPY should see 1323 or even set new high while NAZ could test 200MA. After that, SPY could pull a little back to test 1291-1294. But overall downside might be limited because a year-end rally is well expected on the ST. JMHO

ALNY reached 15.38 today, called@13.16 last Thur.

ALNY once up +$2.22, or +16.9% within 3 trading days.
INSM reached 1.33 the 2nd day after call.

=========Msg to group on Aug31==========

Bot INSM@1.17, ALNY@13.16 today
Aug 31, 3:17 pm by Blue Blue

=========================================

NURO saw 24.63&closed@24.83(-4.9%) today. Called/Short @29.16 on Aug24

NURO saw 24.63&closed @24.83(-4.9%) today. Called/Short @29.16 on Aug24.

This short is once down about -16% within 8 trading days.

=====My alert sent to group on Aug 24====

Shorted NURO@29.16 just now

TA looking bearish to me.
-- Aug 24, by Blue Blue

======================

CMOS reached 2.95 today, called@1.86 at group on Aug15

CMOS reached 2.95 & closed @2.75(+5.75%) today, called @1.86 at group on Aug15.
Once up about +59% within 15 trading days.

I also gave a target 2.8-3 when making this call.

=======My alert sent to Group on Aug 15=======

Bottom-fish today: CMOS@1.86
Aug 15, by Blue Blue

==============================================

CNTF closed@9.34(+9.62%) today, picked@7.15 on Aug 22

CNTF closed @9.34(+9.62%) today, picked @7.15 on Aug 22.
Up +31% within 8 trading days.

==========Msg to Group on Aug 22===========

Update Today(Aug 22, Tues.) ....Long candidates: ... - CNTF, now 7.15. Could be good for a bounce. http://finance.yahoo.com/q/ks?s=CNTF It projected a loss for 3rd Qtr but will return black in 4Qtr.

======================================

SIGM closed@15.2(+9.91%), ANAD reached@8.38 today

SIGM closed @15.2(+9.91%) today, picked @9.95 on Aug 17. Up about +53% within 13 trading days.

ANAD reached 8.38 & closed @8.1(+1.63%) today, picked @6 on Aug 17. Once up about +40% within 13 trading days.

=========My alert sent to Group on Aug17==========

Bot ANAD@6,SIGM@9.95... today Aug 17, by Blue Blue

==========================================

Crude Oil Futures Drop Below $69

http://biz.yahoo.com/ap/060904/oil_prices.html?.v=4
VIENNA, Austria (AP) -- Oil prices dropped below $69 a barrel Monday, falling below 10-week lows despite continued jitters over the standoff between Iran and the international community over Tehran's nuclear program.

The crude contract began its decline Friday after the United Nations failed to impose sanctions on Iran for refusing to stop its nuclear enrichment program. Also easing energy prices were strong inventory data, a more-subdued forecast for this year's hurricane season and a mixed U.S. jobs report -- suggesting fuel demand probably won't surge sharply.

Light, sweet crude for October delivery fell 54 cents to $68.64 a barrel in electronic trading on the New York Mercantile Exchange by afternoon in Europe. The contract fell $1.07 Friday to close at $69.19 a barrel -- its lowest settlement price since finishing at $68.94 on June 20.
Brent crude slipped 75 cents on London's ICE Futures exchange, trading at $68.40."
..........
..........

"Bearish news such as the unexpected increase of U.S. gasoline stocks and the downgrading of the first hurricane of the season outweighed the fact that the ultimatum issued to ... Iran elapsed without a solution," said Vienna's PVM Oil Associates.
..........

Market Timing & Stock Picks

Buy, hold and forget investors never "really" make money in the market, they just borrow it for a while. -Steve Stewart

How so, they always give their profits back at some point in the future. -Steve Stewart

So we'd better try our best to get the right market timing & stock picks.

CNTF now 8.52, picked@7.15 on Aug 22

Up +19% within 8 trading days.

==========Msg to Group on Aug 22===========
Update Today(Aug 22, Tues.)
....
Long candidates: ... - CNTF, now 7.15. Could be good for a bounce. http://finance.yahoo.com/q/ks?s=CNTF
It projected a loss for 3rd Qtr but will return black in 4Qtr.

VLCM reached 23.92 &closed@23.7, picked@20.54 on Aug18

=========My alert sent to group=========

Bot VLCM@20.54 for back-to-school & holiday-season..
-- Aug 18, 2:39 pm by Blue Blue

===================

SIGM reached 14.5 yesterday. ANAD closed@7.97 today!

SIGM reached 14.5 yesterday, picked @9.95. Up about +46% within 11 trading days.

ANAD reached 8.01 & closed @7.97 today, picked @6. Up about +33% within 12 trading days.

=========My alert sent to Group on Aug17==========

Bot ANAD@6,SIGM@9.95... today

Aug 17, by Blue Blue

==========================================

So this is a good short -NUHC dropped to 13.23 today

This reseller is over priced when considering its weak FA: Huge debt, little cash, increasing level of inventory and increasing level of receivable Q/Q....more cash usage in recent buying of a British company, huge# of employees...In the end this is only an electronics component reseller.

JMHO

INSM is a bullish penny called yesterday