Archive for November, 2008
Monday, November 24th, 2008
Marketchasers is proud to announce the launching of a messageboard forum! This will be a temporary one until the final product gets finished. For those of you who know what a forum is (as most do) you know it is an excellent tool to chat with administrators of this site ...
Posted in Interesting Finds | No Comments »
Sunday, November 23rd, 2008
If my fellow chasers remember, I posted an article a while back about where the dow will go. I have done a bit of research and I have a another scenario to offer.
Here is a chart of fibonacci retracement levels off of the 1932 'Great Depression" lows and the 2007 ...
Posted in Ramblings | No Comments »
Friday, November 21st, 2008
Santelli just cracked a funny joke on CNBC Power Lunch.
"If Goldman and Citi merged, maybe we would have Sachs and the Citi."
HAHAHAHAHAHAHAhAhAhAHAhAAaahaahaaahahhhhaaaaaaa...............................................
Posted in Ramblings | No Comments »
Friday, November 21st, 2008
Altria (MO)
Transocean (RIG): Price is hitting 2001 bear market fib.
U.S Steel (X): Wow....a sight to behold.
Posted in Short Term Plays | 1 Comment »
Thursday, November 20th, 2008
In my long term below book value article I wrote a few weeks back, I posted some select companies that were infact trading below book value, duh! Well, with this precipitous decline since the writing of that article, these share prices have fallen more and more below book. A few ...
Posted in Ramblings | No Comments »
Thursday, November 20th, 2008
Well hello there!
For those of you who follow me on a regular basis, here is a bit more concrete evidence that we will see 6000 dow. Since February, I have had this target on a bullseye and well.....according to some recent events, it looks like the plan is set in ...
Posted in Ramblings | 2 Comments »
Wednesday, November 19th, 2008
Seems U.S Steel is finding some support at the $26.10 level. Price has bottomed and has tested a few times and cannot break it. Short term bottom perhaps?
Posted in Short Term Plays | No Comments »
Wednesday, November 19th, 2008
If you have nuts of brass, better yet nuts of steel, then purchase Goldman Sachs (GS) at this level. Price is approaching its alltime low of $55.19 and Goldman is currently in a support type chopping zone.
Posted in Long Term Plays | 6 Comments »
Wednesday, November 19th, 2008
U.S Steel (X) is right at its 52 week low.
Research in Motion (RIMM) is near its lows as well.
Posted in Short Term Plays | No Comments »
Tuesday, November 18th, 2008
Washington has made some very questionable decisions this year, but not bailing out GM would be a catastrophic mistake. I stated in the past I would have liked to have seen GM file for restructuring bankruptcy, but if you want to talk about accelerated unemployment and ultimate fear is equity ...
Posted in Ramblings | No Comments »