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I like POT

Posted Jul 2nd, 2009 at 01:06 PM by StockJock-e (SJ's Stock Market Blog)

Thats right, I like POT, and the endless jokes that follow every time somebody talks about that ticker

Here is the scoop: POT came out and announced some horrible Q2 guidance. The stock took a big hit, touching $87.20. Even with that bad news, POT still held the uptrending support from the December 2008 low, uptrending to the March lows.

Today we got word from Russia that OAO Uralkali, Russia's second-largest potash producer raised prices demand for complex fertilizers...
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Another shot at RIMM?

Posted Jun 25th, 2009 at 11:58 AM by StockJock-e (SJ's Stock Market Blog)

This could be another Tila Tequila sequel!

RIMM and all the other mobile phone related techs have enjoying a huge rally, but something different has been happening lately.

With all the love being passed around, RIMM is starting to lag.

It looks like we may be setting up for a low $60's handle on RIMM if we see another week of declines in the market, important support at $66 will tell the tale.

As posted on the RIMM thread regarding the...
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Markets bounce on strong durable goods orders

Posted Jun 24th, 2009 at 10:24 AM by StockJock-e (SJ's Stock Market Blog)

Heading into the Fed meeting, we were going to be flat, but some better than expected durable goods orders have sent us upwards this morning.

The Commerce Department said orders for big-ticket manufactured items rose 1.8 percent. Economists were expecting a decline of 0.6 percent.

A good post and chart by drillindk in the Stock Market Discussion thread with a chart of where this bounce could lead. As you can see he is still expecting some downside if that resistance...
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Biotech action

Posted Jun 17th, 2009 at 12:42 PM by StockJock-e (SJ's Stock Market Blog)
Tags biotech

The biotech sector, while off the lows nicely, has largely been ignored in this rally.

If markets are pulling back here, money will look into this sector for some moves.

The S&P biotech ETF has some resistance to get over, but smaller names like AMGN and CELG are breaking out of recent patterns.





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SQNM busts a move

Posted Jun 9th, 2009 at 03:37 PM by StockJock-e (SJ's Stock Market Blog)
Tags sqnm

There is something to be said about the virtue of patience and preparedness, in fact, in my sig I have my mantra displayed for all to see:

"Success occurs when preparation meets opportunity."

Gambler2076 did he research, picked his entry and waited patiently for the catalyst (which for this lucky bastard came the next day).



+42% today to $4.75. Nice work
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