Tuesday's pick: STP

STP: now 12.49, called(... Now bought STP@10.94 Target to sell: 11.4 ~11.7 -Dec 30)

// passed targets, up +14.2% since called

Monday's pick: ENER

ENER: now 25.5, called(bought ENER@23.5 Target:24, 24.5, 25 stop:23 -Dec 29)
//passed 3rd target, up +8.5% since called

Sold out for fast gain near market open

Now only hold cash.

BMR to distribute dividend soon // BMR vs. PLD

BMR:














PLD:

Merry chrsitmas & happy new year!

Mortgage applications hit almost 5-year high: MBA- Reuters

Financier Is Found Dead in a Madoff Aftermath
New York Times - 1 hour ago
By ZACHERY KOUWE and MICHAEL WILSON Around 4 am on Monday, a prominent hedge fund manager who apparently had lost $1.4 billion with Bernard L. Madoff, telephoned a longtime client in Paris, sounding upset.

China Cuts Key Rates for Fifth Time in Three Months
Bloomberg - 44 minutes ago
By Li Yanping and Kevin Hamlin Dec. 22 (Bloomberg) -- China cut interest rates for the fifth time in three months after trade growth collapsed because of recessions in the US, Europe and Japan.

Bush: auto plan only way to stave off collapse
Reuters - 2 hours ago
By Tabassum Zakaria WASHINGTON, Dec 20 Reuters) - President George W. Bush on Saturday said offering government loans to US automakers was the only option left to prevent the industry from collapsing after alternatives were ruled out or failed.

Short/term fast runners picked this week

1. ASH: reached 11.79 today & now 11.5+6.09%), called(Bot ASH@10.15 target:10.4, 11, 11.6, stop:10 -Dec 15)// once up +16.2% within 4 trading days
2. LNC: reached 19.59 today, now 18.09(+1.8%), after called(Bought LNC@16.7 Target:17, 17.6, 18 -Dec 16)//once up +17.3% within 3 trading days.
   
3. ENER reached 27.67 on Dec 17 after called(Bought ENER@23.2 Target:23.9, 24.5, 24.8 stop:22 -Dec 17)// once up +19.3% within same day.
   
4. HTV: reached 6.31 today & now 6.18(+14.66%) after called(Bottom-fishing: HTV@5.18 today, Target:5.4, 5.7, 6 stop: 5 -Dec 17)//passed 3rd target. once up +21.8% within 2 trading days.

$ dollar drops, as crude oil drops under $40

Yesterday's pick: HTV

HTV: reached 6.07 today & now 5.95(+10.39%) after called(Bottom-fishing: HTV@5.18 today, Target:5.4, 5.7, 6 stop: 5 -Dec 17)

// met all targets
// once up +17.2% within 2 trading days

DLLR: reached 9.5 today & closed@9.39(+10.47%), called(Bottom-fishing: DLLR@7.16 Target:7.35, 7.9 stop:7 -Dec 10)

//once up +32.7% within 6 trading days.

DLLR: reached 9.23 today, called(Bottom-fishing: DLLR@7.16 Target:7.35, 7.9 stop:7 -Dec 10)

//once up +29% within 6 trading days.

FCS reached 5.24 today, picked3.93 last Friday

FCS: reached 5.24 today & now 5.01(+8.91%), called(Bought FCS@3.93 Target:4.04, 4.2 stop:3.8 -Dec 12)

// once up +33.3% within 3 trading days

Housing permits, starts hit record lows
CNNMoney.com

FCS, picked last Friday

FCS: reached 4.65 today & now 4.6(+11.92%), called(Bought FCS@3.93 Target:4.04, 4.2 stop:3.8 -Dec 12)// passed 2nd target, once up +18.3% within 2 trading days

China to increase supply of money to boost economy- AP

Review of recent long plays:

1. TNA: on Dec 2, Tues.: TNA now moves back above 25 & DOW stands above 8300. You may set target 26.6, 28 for TNA reached 29.95 on Dec 3. //once up +19% wthin 2 trading days.
   
2. GES reached 15 on Dec 4, 15.09 on Dec5 and 16.05 on Dec 9, called(Bot GES@14 Target:14.4, 15, 17 stop:13// may sell it before its ER after/hour -Dec 4) //once up +7.1% within same day
   
3. TNA: reached 35.24 on Dec 9, called( bought back TNA@24.9 after PFG, target:26.6, 27.2, 28 stop:23 -Dec 5) //up +41.5% within 3 trading days
   
4. PFG: reached 21.5 on Dec 8, called(Bought PFG@15, tARGET:15.45, 16, 16.8 STOP: 14 -Dec 5) //up +43.3% within 2 trading days ...HIG: reached 18.12 on Dec 8, called (Targets for them: 19, 21 respectively // Re: HIG PFG now the stars of today -Dec5)
   
5. ERX: reached 46.98 today, called(Bought ERX@26.9 Target:29, 30 stop:25.6 -Dec 5)//up +74.6% within 5 trading days
   
6. EXM, reached 9.17 on Dec 10, called(Bought EXM@4.5 Target:6, 6.3 stop:3.7 -Dec 8)//once up +104% within 3 trading days.
   
7. AGU: passed 3rd target to 32.75 today, called(Bought AGU@27.9, target:28.8, 30.4, 31.6 stop:27 -Dec 9)// once up +17.4% within 3 trading days.
   

Recent two day's plays:

1. DLLR: reached 7.84 today, called(Bottom-fishing: DLLR@7.16 Target:7.35, 7.9 stop:7 -Dec 10)//once up +9.5% within 2 trading days. close to 2nd target.
   
2. KWK: reached 5.92 today, called(Bought KWK@5.29 Target:5.6, 6, 6.5 stop:5 -Dec 10)//once up +11.9% within 2 trading days. close to 2nd target.
   
3. BEXP: reached 4.68 today, called(Bot BEXP@3.8, target:4, 4.3 -Dec 10)//once up +23.2% within 2 trading days. passed 2nd target.
   
4. TTES: reached 10.89 today after called(Bot TTES@10.39 Target:11, 11.6 stop:10 .. -Dec 11)// once up +4.8% within same day
   
5. SOL: reached 3.72 today after called(Bought SOL@3.22 Target:3.42, 3.7,4 stop:3 -Dec 11)// once up +15.5% within same day

ERX: reached 46.66, called@26.9 last Friday

ERX: reached 46.66 today & now 45.94(+7.84%), called(Bought ERX@26.9 Target:29, 30 stop:25.6 -Dec 5)

//up +73.5% within 5 trading days

Three picsk of yesterday: BEXP KWK DLLR all in green

1. BEXP: reached 4.25 today & now 4.22(+11.35%), called(Bot BEXP@3.8, target:4, 4.3 -Dec 10)//once up +11.84%
2. KWK: now 5.92, called(Bought KWK@5.29 Target:5.6, 6, 6.5 stop:5 -Dec 10)//once up +11.9%
   
3. DLLR: reached 7.62 today, called(Bottom-fishing: DLLR@7.16 Target:7.35, 7.9 stop:7 -Dec 10)//once up +6.42%
   

Another exploding day for EXM

EXM, reached 9.17 today, called on Monday (Bought EXM@4.5 Target:6, 6.3 stop:3.7 -Dec 8)//once up +104% within 3 days

Yesterday's pick: EXM

EXM, reached 7.35 today, called(Bought EXM@4.5 Target:6, 6.3 stop:3.7 -Dec 8)

//once up +63.3% within 2 days

Three picks of last Friday

1. TNA: reached 33.55 today & now 32.62(+13.11%), called( bought back TNA@24.9 after PFG, target:26.6, 27.2, 28 stop:23 -Dec 5) //up +34.7% within 2 trading days
   
2. PFG: reached 21.5 todady, called(Bought PFG@15, tARGET:15.45, 16, 16.8 STOP: 14 -Dec 5) //up +43.3% within 2 trading days
   
3. ERX: reached 38.58 today & now 36.76(+13.11%), called(Bought ERX@26.9 Target:29, 30 stop:25.6 -Dec 5)//up +43.4% within 2 trading days

Two big bulls bought yesterday: HIG, PFG

Maybe It’s Time to Buy That First House
New York Times - 46 minutes ago
By RON LIEBER Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers.

POT, a short play on Monday

POT: dropped to 48.99 today & now 49.6(-6.08%), called(POT may break down 55 ahead //Re: POT looks relatively weak. Now 57.7, may goto test support 55 ahead ... -Dec 1)

//once down -15% in 3 days.

Jobless-Benefit Rolls in US Climb to 26-Year High (Update1)
Bloomberg - 25 minutes ago
By Shobhana Chandra and Bob Willis Dec. 4 (Bloomberg) -- More Americans are collecting jobless benefits than at any time in the last 26 years, a sign the labor market is weakening as the recession worsens.

TNA reached 28.97 & now 28.32(+9.6%),

on Dec 2, Tues. email: TNA now moves back above 25 & DOW stands above 8300. You may set target 26.6, 28 for TNA

US Automakers, UAW to ‘Genuflect’ to Split Congress (Update3)
Bloomberg - 1 hour ago
By Mike Ramsey and Jeff Green Dec. 2 (Bloomberg) -- General Motors Corp., Ford Motor Co. and Chrysler LLC, running out of money to operate, must convince a divided Congress that their plans to shrink are severe enough to ensure repayment of $25 billion ...

Valley economist: 'Official' recession doesn't mean much
KTAR.com - 1 hour ago
by Hanna Scott/KTAR Valley economist Elliott Pollack is not surprised by the National Bureau of Economic Research's declaration that the US economy is officially in a recession and has been for a year.