G-TA: Tuesday 05/09/2006

[eliteG]

G-TA

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Open: 10:30am
Close:  12:30pm

Week Ahead Outlook
Stock Group Lists

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The Futures -  09:00 am : S&P futures vs fair value: -1.0. Nasdaq futures vs fair value: -1.2. Stage remains set for the indices to open with a sense of reserve as the stock market remains on Fed Watch, especially since incoming data are likely to require the Fed to raise rates more than one more time with or without a pause. Speaking of economic reports, the lack of any notable data this morning to set a more definitive tone to trading has left the door open for more consolidation in Treasuries following Friday's run-up, as the yield on the 10-yr note clawing back above 5.13% could stall recent momentum in Financials.
http://finance.yahoo.com/mo

Gap List:

[eliteG]

G-TA will be opened up shortly  .. a bit of a delay

In the meantime..

check out these 2 pennies from our 3SOF portfolio.. they look set to explode 

[eliteG]

Lets see what's out there 

[trader567]

Hi G!

Love 3sof now that you're playing a major role in it.  will be here for years to come.

how about Celadon Trucking (CLDN)?
a long-term hold of mine, done real well despite high fuel prices. recently did a 3 for 2 split when it hit $30 for the first time, and now they're doing it again only a few months later because it touched $30 again.  I think it may be a little much to split so often, and obviously there really isn't any net benefit to splitting.  Does it look ready to roll over?

Thanks
Steve

[dcp303]

hey g,

im currently holding txxne. I was wondering if its a good time to sell? The volume after this recent gap has been declining... i hear there are some rumors of a merger but all that aside technically is it good 2 sell right now or does it look like it could continue running in the near future? thnx

[beroznikmal]

G,
CVM, It is forming a falling wedge, if it breaksout on high volume i and buying, would you concur....

Thanks
B

[pompano]

What up G.  Exceptional work lately.  Currently I have MNEAF which looks like its breaking out of its cup.  TREN I picked up yesterday when will this monster settle?  Thanks

[mexirafa]

Good morning G,

Finally I got into NTO when it 5.00, it is now trading at 6.21. I have a medium target of $7. This comany looks so strong that I might consider it for the longer term.  I think it could be toping its run  in a short term basis.The RSI is a little overheated and might retrace to the 5.50 area to form a new base. Any thoughts?


thanks  a lot for your input,
rafael

[alien41]

Hello G,

I can't thank the 3 Stocks on Fire team enough.  My portfolio is looking great.  Was wondering what your thoughts might be on AOB.  Earnings come out on Friday.  Like the fundamentals but it keeps hitting a wall around $6.00.  Thanks in advanced.

Alien

[eliteG]

Hi G!

Love 3sof now that you're playing a major role in it.  will be here for years to come.

how about Celadon Trucking (CLDN)?
a long-term hold of mine, done real well despite high fuel prices. recently did a 3 for 2 split when it hit $30 for the first time, and now they're doing it again only a few months later because it touched $30 again.  I think it may be a little much to split so often, and obviously there really isn't any net benefit to splitting.  Does it look ready to roll over?

Thanks
Steve

Hey Steve, thx a lot 

CLDN - nothing too negative about splitting either.. i see volume has decreased a bit which may mean that CLDN is ready to build a base.. but you cannot argue with this strong trend and the stock may continue higher on lesser volume(that is fine ).. just make sure you decide what your time-frame is and set your stop accordingly.. if you are not going to wait out any base building antics you will want a tighter stop.

hey g,

im currently holding txxne. I was wondering if its a good time to sell? The volume after this recent gap has been declining... i hear there are some rumors of a merger but all that aside technically is it good 2 sell right now or does it look like it could continue running in the near future? thnx

TXXNE - consolidating now after recent run up.. could def break out higher but I would stop it @ .22.. volume is not exciting right now

G,
CVM, It is forming a falling wedge, if it breaksout on high volume i and buying, would you concur....

Thanks
B

CVM - I concur.. good eye and thx for the tip  .. who knows the bird flu group may swing into action again and its good to have a play in the pocket

What up G. Exceptional work lately. Currently I have MNEAF which looks like its breaking out of its cup. TREN I picked up yesterday when will this monster settle? Thanks

thx pomp 

MNEAF - lookin good.. nice volume today.. buyable but might want to risk waiting it out so it can digest this new price level

TREN - ooh nice pickup..hmm where will it stop.. candle is nice and tall.. volume seems not too much.. $3 may be a natural settling point

[Liquid Stick]

CRAY – Not quite sure what to do here.  Bought 3 weeks ago this Friday at 1.74, do I sell and take profits now or hold for higher ground?  CRAY has that "Hoover" look to it.  A term I coined while studying previous price movements of other stocks that have a series of consecutive gap ups with closes higher than the previous days closing but all resolve as a daily doji/rickshawman.  But, based on the sentiment one may infer from the doji I'm confused but leaning towards the hold because of upward pressure.

LS

[calven]

Not sure if this was already asked or not - hold onto EZM or take profits here???
Thanks
cal

[nullzero]

G, what you think about HOM, AUY, and TOMO

[eliteG]

Good morning G,

Finally I got into NTO when it 5.00, it is now trading at 6.21. I have a medium target of $7. This comany looks so strong that I might consider it for the longer term.  I think it could be toping its run  in a short term basis.The RSI is a little overheated and might retrace to the 5.50 area to form a new base. Any thoughts?


thanks  a lot for your input,
rafael

NTO - yes this stock is very strong and I am sad to have sold it.. volume is excellent.. never ever ever ever bring up an oscillator during a trend move.. they will always show over bought.. NTO is just pausing today.. a nice stop and no need to watch.. this stock looks headed much higher.

Hello G,

I can't thank the 3 Stocks on Fire team enough.  My portfolio is looking great.   Was wondering what your thoughts might be on AOB.  Earnings come out on Friday.  Like the fundamentals but it keeps hitting a wall around $6.00.  Thanks in advanced.

Alien

Thats great Alien 

AOB - came up in my scans yesterday and considered it.. I think it is going to do real well.. so dont be surprised if we pick it up.. but stop it 4.60-4.70 no need to let it wiggle too much 

CRAY – Not quite sure what to do here. Bought 3 weeks ago this Friday at 1.74, do I sell and take profits now or hold for higher ground? CRAY has that "Hoover" look to it. A term I coined while studying previous price movements of other stocks that have a series of consecutive gap ups with closes higher than the previous days closing but all resolve as a daily doji/rickshawman. But, based on the sentiment one may infer from the doji I'm confused but leaning towards the hold because of upward pressure.

LS

CRAY - moved nice from that inverse H&S and now pausing.. this $2 level may take a while to get through and the volume isn't amazing.. personally I would take profits and let it develop.. although I like the cluster of mvg avgs below.. perhaps demand performance by setting a tight stop.. hope that helps LS 

Not sure if this was already asked or not - hold onto EZM or take profits here???
Thanks
cal

EZM wow.. are we sad to have let this go!.. looks very strong.. might think about 1/2 sell(for peace of mind) but EZM looks great

[eliteG]

G, what you think about HOM, AUY, and TOMO

HOM - it may just never stop  .. great breakout from a tight consolidation
AUY - looks like it may be a breakout right now.. good volume.. gold may never stop as well
TOMO - big day coming up for chinese internets.. TOMO realeases earnings and so does SINA and probably a bunch of others.  So TOMO is just pausing waiting to breakout.. lets see what earnings brings us