jim crammer

November 2007 – an exception to a bullish year – market crashing

Well, my sister is right for once. She is very right indeed. I’ve read a lot of books and well wasn’t really watching ALL the charts just the my industry charts on tech. I have an icky feeling that we will see Apple (AAPL @ $172) and Research In Motion (RIMM @ $112) fall to august 2007 lows again. So AAPL could go as low as $120’s. This is scary but true. All of my Qcharts are flipping over on the big charts (weekly and daily). Next week we may see a little run, but 2007 is going to be an exception then that means stocks should fall even hard through the fall months. Everything is in play credit problems, real estate sales dropping, oil rising, the dollar weakening, oh and yeah all stock charts showing a bust. I probably should of been playing closer attention to the big dogs Dow Jones and Nasdaq + futures. Sometimes it just really sucks working a lot because you don’t give yourself fully to what could cost you a lot of money, which it has. I was playing Microsoft (MSFT @ 34.40) and AAPL @ 172 November 07 calls way out of the money expecting a strong run being a volatile year and going into bullish seasons. What I didn’t take into account was what the big market was doing which is going down. So now this minor, yet huge, error has cost me over $20,000 in losses in a rather very short time period of a week. I was joking with my sister and her husband, “do you know what can kill an erection? a $20,000 dollar loss in a few days”. At least I thought it was funny and so did they.

I suppose it is good I can laugh about losing so much money, especially when it is the only money I’ve got. I think to myself I do have next year to try again, build up some cash, and start trading. Maybe one day I’ll get this professional trader thing down. I still definitely have no discipline. So my next plan will be building a trading plan on having no discipline. Sounds whack right? Maybe I can make a style so I can still be safe trading with still a lack of discipline. I think thought long-term I will go broke if I don’t gain some skills. I’ve been getting better at selling at a loss even a big loss and getting out. As for my AAPL and MSFT nov calls that expire next week (5 more trading days) well my account is whiped so if there is a 2 day rally I plan to sell out profitably or not.

November 2007 is definitely an exception. It sure had me fooled. I don’t care what Jim Crammer says the market is going down further before it has another big run. My taxes are going to kill me this year. Plus now I don’t have the money to pay off my car, money to pay off my mobile note that I was given the chance to pay $35,000 for which is worth $80,000 and huge saving. I suppose when opportunity knocks and you don’t have the money you definitely beat yourself up a little bit subconciously.

There is no praying or hoping in the stock market. The picture and information is there. It is about calculating and making wise decisions on what is happening in the market. I was really wrong about a bullish November and I take full responsibility for my loss because I wasn’t looking at the “big picture”.

well cheers to 2008 I guess. I guess if I had money Puts right now would of been a fabulous choice.


Thanks Jim! Check out Spicy Pickle (SPKL.OB) for under $2

One of my blog readers named Jim asked me about Spicy Pickle Franchises (SPKL.OB). I am more then impressed with what looks to be a truly promising small company. Personally I would of never even knew it existed unless I heard my mother talking about it off Jim Crammer and by then it would already be over $10. I did some small research on the resturant off Yahoo! Business and there were many customer comments and cheers of how addicting the food was being delicious, tastey, and undescribeably yummy. For under $2 a share and going public in August 2008 at $.40 it has all ready risen almost 200%. It is following a strong trend and looks like it has a small pull back so right now might be actually a great time to buy it. From checking out the website http://www.spicypickle.com/index.html

spicy pickle

Spicy Pickle did a great job showing off their product line and idea of their store simular to Jamba Juice (JMBA). There sandwhiches look beautiful and so yummy. The store seems very simple but upscale food at reasonable prices competitive with Subway, Blimpie, and Panera Bread. I’d say it seems not as glamorous as Panera Bread but with all of its great nutricious foods, but having a simple fast selling style like Subway. Spicy Pickle might consume a lot of my portfolio soon once I go check it out. They are in development of many stores and the current ones really have seemed to taken off to customers really enjoying the food, coming back, and most importantly word of mouth marketing for the store which is free advertising and the best to make a store a hit. The stores are currently located all over the USA except here on the islands of Hawaii. Maybe I can be the first? Too bad I’m off on my ship too much to run a store. I really like Spicy Pickle’s concept of a fast healthy food with resturant style appeal.
I’d highly recommend buying it because their business plan is fantastic. They have everything covered helping new franchises into their business with an outstanding product to become successful off of. So check out Spicy Pickle @ only $1.74 currently and go get something to eat to fill that stomache!


HOKU, AAPL, SWN, NYX – Latest news on the trailor park

After HOKU earnings the stock plummeted to $8 and I totally expected it to fall. Everyone knew they weren’t going to show a profit and it is still very much a speculation stock because it hasn’t been able to start production yet. I’m with Jim Crammer about people rebuying it at a lower price and it moves up again throughout the year on its speculation of being the #1 for alternative energy. Our world is moving in that direction so I could only expect growth. As for AAPL it’s iPhone has been a success, but the market is turning over and its stock is finally starting to become submissive to all the selling. I’d buy AAPL later, but I see it moving much further down into the possible $110’s before it moves into the $200’s. If AAPL is able to continue momentum then I’d buy Calls on it if it moves past $150. Then it will be fighting the selling, but investors are true believers in it. It’s PEG score also has moved down to around 1.66 from over 2.00. So its value has gone up as well with its super profitable earnings. SWN’s charts have been showing a flip to oil/gas companies. Its major trend on the Daily and Weekly are going down with all smaller charts. Just yesterday it bumped up because it was slammed down into the Bollinger bands. I expect it to keep moving further down in the lower $30’s. I’m playing SEP 07 35 Puts on it currently up around 10%. I plan to sell out once it hits around $35 if I’m correct. NYX is always a confusing stock. You’d think this stock would be doing what ICE is doing, but it isn’t. I’m in Calls and I think I’m going to lose my entire $7,000 investment if by Sept. it doesn’t move higher than $87. At its current price of around $74 I’m left dumbfounded and believing in the stock that makes me seem living life a bit bicariously. NYX has had almost 4 major falls with small peaks. This stock has to pop high if on Aug 2nd earnings are awesome and profits are up. It should pop past $90 because there hasn’t been much news on it. So if it surprises investors and analysis it could finally get back in the game and be a more volatile stock like it use to be. If you are currently playing Puts on it you are probably a lot more correct and wise thinking then myself.

As for the good old trailor park I bought. I’ve been working with my property manager. I’ve been trying to get the cable tv hooked back up because it was disconnected before I could transfer it into my name. Two of the tenants are refusing to pay their rent because they are not receiving cable tv. Can you believe this? I’ve never heard of such a moron of a tenant in my life! I told him to turn off their electricity and gas that day until they paid their rent or enforce them to be evicted that week. I’m not going to tollerate this type of behavior. Business is business and you pay your rent regardless if you get cable tv or not. I pay for their housing and all utilities. Cable tv is a luxury. I only see future problems with very low income low education tenants like this in the future. I’m trying to move all the tenants in and rent the trailors properly with full leases, applications, and deposits so I don’t get shitted on. If I’m going to make this profitable I need to take the steps to make it profitable and not deal with unacceptable tenants.