icanputt
27 posts
msg #58250
- Ignore icanputt |
12/18/2007 10:19:24 AM
Long SRE @61.13 45cent stop target 62
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TheRumpledOne
6,529 posts
msg #58251
- Ignore TheRumpledOne
modified |
12/18/2007 10:20:43 AM
johnpaulca
Tro...wish I knew that on Friday when I bought, would have loaded up.
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That email came over the weekend.
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johnpaulca
12,036 posts
msg #58255
- Ignore johnpaulca |
12/18/2007 10:53:50 AM
ZUB...what's your exit strategy for PSEM
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johnpaulca
12,036 posts
msg #58256
- Ignore johnpaulca |
12/18/2007 10:58:29 AM
Nikko...selling GOOG hard, deserves a good milking, just like old Betsy on my dad's ranch.
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johnpaulca
12,036 posts
msg #58257
- Ignore johnpaulca |
12/18/2007 11:18:33 AM
MOH...long@38.98 (BOOYA filter)
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out@39.80....I'll take it....BOOYA works again, gotta test it in a down market.
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nikoschopen
2,824 posts
msg #58258
- Ignore nikoschopen |
12/18/2007 12:40:23 PM
Nikko...selling GOOG hard, deserves a good milking, just like old Betsy on my dad's ranch.
Although I don't believe the amount of risk justifies a "good milking" at this stage, I wish you a good luck all the same.
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icanputt
27 posts
msg #58262
- Ignore icanputt |
12/18/2007 2:30:32 PM
Long PLXS @25.04 AB-CD pattern stop lod
moving my SRE to b/e
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nikoschopen
2,824 posts
msg #58264
- Ignore nikoschopen |
12/18/2007 4:27:55 PM
It appears that GOOG is about to make another leap. While it pierced below the SMA(50) during the trading session, it managed to close above the SMA(50). As a result, it formed an otherwise ungainly hammer pattern on the daily chart that you prolly wouldn't wanna short by all means.
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johnpaulca
12,036 posts
msg #58265
- Ignore johnpaulca |
12/18/2007 4:39:14 PM
Nikko...I covered as soon as the ^DJI reversed after hitting Fib 38.2%. I saw the hammer forming. I did well yesterday and today trading GOOG. Were you trading it also?
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EWZuber
1,373 posts
msg #58266
- Ignore EWZuber |
12/18/2007 4:45:05 PM
johnpaulca, no time to post today. Too intense & glued to the screen. Entered 5 stocks today. Got that little gap in the morning for PSEM I was looking for. Exited there for just a couple bucks, then picked up again in that huge consolidation pattern earlier today. Made good (unrealized) bucks on that. I knew what it was they were doing as they were doing it. I have seen this before.
Just before a good move higher big money will drive it down hard and fast to create a hightened state of fear. They are hoping to create so much fear that the retail trader not only exits at market for a loss but also loses the confidence to buy at the right time.
I got hit with that ploy several years ago and now can use it to advantage.
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