Turgid action Wednesday night yielded little of value — other, perhaps, than the vague feeling that DaBoyz may be growing as tired of supporting this hoax as we are of waiting for it to drop dead. We shouldn’t get our hopes too high, however, since, for reasons that I’ve spelled out in today’s analysis, Goldman looks like it’s getting ready to ambush bears yet again.
COMMENTARY for Thursday
TODAY'S ACTION for Thursday
Rick's Picks for Thursday
DaBoyz were playing their cards close to their vest Wednesday night after taking the futures down to within three ticks of an obvious Hidden Pivot target at _____. Night owls can try bottom-fishing with an...
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Based on the pattern shown in the chart, the June contract looked like a good bet to push up to at least _____, a Hidden Pivot, but anything above it would indicate _____. If the higher number gives ...
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We could stretch for extra bases, since FAZ looks eager to probe a gap above yesterday's high, but instead let's play it conservatively, offering four June 10 calls short for 0.35 against the four October 10 calls we already hold for ____
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The stock's last thrust contained the kind of hidden power that creates buying opportunities. Specifically, the high at 144.86 exceeded two prior peaks -- including an "external" at 142.00 from early October --but without getting past a more obvious September 19 high at 144.98 that the riff-raff would ...
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This Just In... for Thursday
Chrysler’s bankruptcy is much tougher on some dealers than we could have imagined. This letter to American Thinker.com describes the sad plight of a Dodge-Isuzu dealer in Florida who is about to lose everything.
Rick’s Picks is a daily trading newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense.
Rick Ackerman is the editor of Rick’s Picks and a partner in 
A Moon-Shot Scenario in Gold
by Rick Ackerman on May 21, 2009 1:16 am GMT · 2 comments
(Although our long-term outlook for precious metals remains bullish, we doubt that gold is ready to leap beyond the $1000 barrier the next time it touches it — especially if this occurs within the next few weeks. However, with today’s commentary by our friend Chuck Cohen, we skip ahead to the not-so-distant future, when junior mining shares are likely to make dot-com mania seem relatively subdued in comparison. Below is Chuck’s rousing forecast for gold and gold stocks. RA)
Advice from Shaq, Canseco
Can you remember back in what seems now like ancient history–1998-2000, when making money in stocks seemed absurdly easy. Stocks only went up, some of them to ridiculous levels. Testimonies of instant millionaires were everywhere. CNBC was on in every barbershop. Even Shaq and Jose Canseco were dishing out advice. But then it was » Read the full article