MFLX ==> The Exelauno Day Winner

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  • << only gained 1.7% from the call. >>

    How? You were long at 45.62 and you said your stop was the low of the day, which at the time was 44.80. Isn't that a loss, not a gain?

    Comment

    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      Originally posted by DSteckler
      NB, MFLX "should" have held at 47. Since it blew right past that, a pullback to 40 - 41 is likely. Since this is also close to the 200DMA, that increases the likelihood of it holding as support.
      Thanks, Dave. I'll be watching. This one is going to be instructive.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        Originally posted by spikefader 3-30-06
        Classic example of double top getting sold. It's got 39.40 and 29.19 gaps down there. Caution dudes. Good luck anyone long.
        Just thought I’d revisit this one. There was some debate at the time I said that whether I was overusing the term “double top”. I happily elected to “overuse” the term and call it what it appeared to be until I was proven wrong. Well I’m still waiting. And it was and has been and continues to be what it was. And that sounds ridiculous, but it’s the simplest way to say trade what you see, not what you think, fear, feel, or desire. Double tops are double tops until they aren’t. Patterns are patterns until they aren’t. And that’s despite the cries of “earnings earnings earnings”. And don’t mistake my reason for saying that; it’s not to discredit Ernie, but to say that good fundamentals don’t guarantee good price action. Patterns should be appreciated. Volume should be appreciated. It may just save you some money. And if you’re diversified where you don’t have to worry about such nonsense, then a hearty well done from me. Good luck MFLX longs, rootin’ fer a bounce………as I watch the gap support at 44.00 fail miserably.

        Comment

        • Lyehopper
          Senior Member
          • Jan 2004
          • 3678

          DAVE you are driving me crazy....er

          Originally posted by DSteckler
          "only gained 1.7% from the call"

          How? You were long at 45.62 and you said your stop was the low of the day, which at the time was 44.80. Isn't that a loss, not a gain?
          Dave!!!! I'll send you a freakin' gallon of "The GoJi" this fall if you would PLEASE learn to use the FREAKIN" QUOTE FEATURE ON THIS huuuuge FORUM!!!!

          See the bold type above?.... NOW I gotta go back and read thru tons of posts to see who in the HELL made that statement! DRIVES ME FREAKIN' NUTS!

          Could you just try it for me pleeeeeeaaaase!?....

          YEAH! RIGHT NOW!!!! on this post! try it dude! it's easy! just hit the "QUOTE" button then a window will pop up. then type your response at the bottom and hit the post button! EASY dude EASY!!!!
          BEEF!... it's whats for dinner!

          Comment


          • Uh, Lye...the previous half-dozen posts were from me, NB, and Spike. Not too hard to figure out it wasn't from me so that leaves Spike and NB.

            Comment

            • Lyehopper
              Senior Member
              • Jan 2004
              • 3678

              Originally posted by DSteckler
              Uh, Lye...the previous half-dozen posts were from me, NB, and Spike. Not too hard to figure out it wasn't from me so that leaves Spike and NB.
              DO IT DAVE!!!! JUST DO IT!!!! hit the button Dave!!!! it's EASY! this ain't AOL!!!!
              BEEF!... it's whats for dinner!

              Comment

              • New-born baby
                Senior Member
                • Apr 2004
                • 6095

                Originally posted by DSteckler
                Uh, Lye...the previous half-dozen posts were from me, NB, and Spike. Not too hard to figure out it wasn't from me so that leaves Spike and NB.
                Dave, my friend,
                It is you. You see, Lye, in his most polite, tactful and kind manner, is asking you to hit the quote button at the bottom of the post you want to quote. It offends him that you (I assume) cut and paste the quote you want to reference. What shall we call it: A Virginia social faux pas?

                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  Originally posted by DSteckler
                  << only gained 1.7% from the call. >>

                  How? You were long at 45.62 and you said your stop was the low of the day, which at the time was 44.80. Isn't that a loss, not a gain?
                  I think you misunderstand the reason I posted the +1.7%. It wasn't to declare my profit; it is the setup's best move. No, I didn't profit +1.7%, I stopped out for -2%. Just like I said yesterday for GEMS, the call maxed out over +20% before returning for the push exit.

                  Comment


                  • You're right, I misunderstood. Thanks for the clarification.

                    Comment

                    • New-born baby
                      Senior Member
                      • Apr 2004
                      • 6095

                      Originally posted by New-born baby
                      Dave, my friend,
                      It is you. You see, Lye, in his most polite, tactful and kind manner, is asking you to hit the quote button at the bottom of the post you want to quote. It offends him that you (I assume) cut and paste the quote you want to reference. What shall we call it: A Virginia social faux pas?

                      Read this one.
                      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                      Comment

                      • New-born baby
                        Senior Member
                        • Apr 2004
                        • 6095

                        $42.55

                        Originally posted by New-born baby
                        Dave, my friend,
                        It is you. You see, Lye, in his most polite, tactful and kind manner, is asking you to hit the quote button at the bottom of the post you want to quote. It offends him that you (I assume) cut and paste the quote you want to reference. What shall we call it: A Virginia social faux pas?

                        She's hit $42.55 already. Bloody.
                        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                        Comment


                        • Originally posted by Lyehopper
                          Dave!!!! I'll send you a freakin' gallon of "The GoJi" this fall if you would PLEASE learn to use the FREAKIN" QUOTE FEATURE ON THIS huuuuge FORUM!!!!
                          I used the quote button. Got a gallon for me?

                          Comment

                          • Lyehopper
                            Senior Member
                            • Jan 2004
                            • 3678

                            HERE it IS DAVE!!!!


                            BEEF!... it's whats for dinner!

                            Comment

                            • New-born baby
                              Senior Member
                              • Apr 2004
                              • 6095

                              Boom :d

                              Originally posted by B.J
                              I used the quote button. Got a gallon for me?
                              That Goji juice is not really from a plant. In fact, it is not juice at all. It is nitroglycerin. See how it makes Lye blow up
                              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                              Comment

                              • Lyehopper
                                Senior Member
                                • Jan 2004
                                • 3678

                                Originally posted by B.J
                                I used the quote button. Got a gallon for me?
                                LOL! you gotta find your own distinct way to drive me nuts BJ.... then we'll see dude.jejeje .... Dave's failure to hit "the button" really pushes "my button"!
                                BEEF!... it's whats for dinner!

                                Comment

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