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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (21643)11/11/2004 8:39:18 AM
From: Haim R. Branisteanu  Respond to of 110194
 
russ, the issue of reported short position over a month ago is little guidance as to the short position now.

It is very possible that after a certain price level short started to pile in.

All in all it is a tricky business to estimate short position from daily move, or even hourly moves. Gravity always finds it's way but you may be hit with substantial losses before that.

There are plenty of examples of stocks that still propelled higher even with weakening fundamentals.

All this said I agree with you that the stock looks like a potential profitable short

BWDIK



To: russwinter who wrote (21643)11/11/2004 9:44:04 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 110194
 
russ do you know were can i find graph for prices of coal and steel ?
Thanks



To: russwinter who wrote (21643)11/11/2004 12:16:00 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Tire Costs inflation
idorfman.com



To: russwinter who wrote (21643)11/11/2004 1:08:03 PM
From: bcrafty  Read Replies (1) | Respond to of 110194
 
russ, I think you meant to say to watch for a big red stick on SBUX

So far today the opening gap down has been bought and the stock is down less than 1% from yesterday.

Most indicators on the daily chart a showing that the stock is overbought (RSI, MACD, & CCI particularly) and it's showing a slight negative divergence in money flow beginning about two weeks ago.

It will be key to see how the stock does if it drops to the the lower trendline from a year ago around 48, which is currently in the neighborhood of its 50 sma.

Beyond that, despite what happens in the next few weeks, it's still one of the prettiest charts in the index. There are definitely better stocks out there to short for the longer term, ones that show some current significant weaknesses either technically or fundamentally.

stockcharts.com[h,a]daclyyay[dd][pb50!b200!f][vc60][iLa12,26,9!Ll14]&pref=G

Considering its plans to open a total of 1500 stores worldwide in 2005 (they now have around 8700 and plan for a larger goal of 30,000 worldwide) and considering the presumed gross margins on its products (see link below) this outfit is not merely brewing coffee, it's apparently printing money.

boston.com

I have no position in SBUX.