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  • #61
    Price follows volume, Runner, and the down volume was extremely heavy on Friday.

    Comment

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

      #62
      Yup. I mean, no.

      Originally posted by DSteckler
      Price follows volume, Runner, and the down volume was extremely heavy on Friday.
      Yes, price follows the volume, but sooner or later the stock runs out of sellers and the price has to bounce. The question is this: does it bounce here $54.41, or at $50, or even lower? My view, again, is that she bounces at $50, although Runner has a great case for MFLX being at double support, and double support is HUGE. I'll be watching the action tomorrow. Again, the way I figure it, is that if I sell the APR $50 PUT, I win either way. Either she never falls that low and I keep the change, or else I buy the stock at the lower entry price and I ring up the profits with the Huge One, only my gravy will be a little thicker than his. At least that's how I see it.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        #63
        Originally posted by DSteckler
        Price follows volume
        Yep.....it sure can.....that is, until price leads volume. hehe

        Personally, I prefer looking for a long than a short right now for it.

        Comment

        • Gatorman
          No Posting allowed; invalid email
          • Dec 2004
          • 448

          #64
          Originally posted by spikefader
          Yep.....it sure can.....that is, until price leads volume. hehe

          Personally, I prefer looking for a long than a short right now for it.
          Spike:
          Looking at the 1st 30 minutes this morning, it looks like both you and New-Born had it right after all.
          While volume is an important indicator, it is only one indicator to watch. The double support that Runner highlighted played a large role in the rebound.

          Comment


          • #65
            Originally posted by Adman
            She's coming my way. I still stand by my 55.90 as an entry point. I will be watching closely, and may up that to 56.20, as it has started a big pullback. Right now, it's at 57.83, down over a buck in the past few minutes.
            I dropped my entry and went in Friday at 53.60.
            Up today at the open, to 56.74.
            I have a limit in to sell 50% of my position at 59.01, which will net me 10+ percent.

            I will jetison the remaining 50% at 61.93, netting me out 15 plus percent on that half. I am revising my forecast of 70 by mid-year, and am now expecting a mid- year stall out around 65.73.

            I will be watching this very closely, and may again, revise my sell number down on the second half of my position. I will disclose if I do.

            Comment

            • gerihearne
              Senior Member
              • Jul 2005
              • 227

              #66
              your huge

              Originally posted by Adman
              I dropped my entry and went in Friday at 53.60.
              Up today at the open, to 56.74.
              I have a limit in to sell 50% of my position at 59.01, which will net me 10+ percent.

              I will jetison the remaining 50% at 61.93, netting me out 15 plus percent on that half. I am revising my forecast of 70 by mid-year, and am now expecting a mid- year stall out around 65.73.

              I will be watching this very closely, and may again, revise my sell number down on the second half of my position. I will disclose if I do.
              Adman, you're HUGE! Thanks for the update.
              Cordially,
              Geri
              ________
              SR50R
              Last edited by gerihearne; 01-26-2011, 12:27 PM.

              Comment

              • gerihearne
                Senior Member
                • Jul 2005
                • 227

                #67
                another big story today ...

                WIRE'S THE BIG ONE .. BUT MFLX .. UP 5.6% woo-hooo
                ________
                volcano vaporizer
                Last edited by gerihearne; 01-26-2011, 12:28 PM.

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                • #68
                  OK...I like MFLX now.

                  Comment


                  • #69
                    Mr. Market is Massive!

                    Bought calls on MFLX, up 40% so far!

                    Mr. Market rocks!

                    Comment

                    • lemonjello
                      Senior Member
                      • Mar 2005
                      • 447

                      #70
                      knocking on wood

                      Looks like it could make a run up in the next couple of days...
                      Donate: Salvation Army
                      Help: Any Soldier
                      Read: Fred on Everything

                      Comment


                      • #71
                        Originally posted by gerihearne
                        Adman, you're HUGE! Thanks for the update.
                        Cordially,
                        Geri
                        I have revised my outlook here. I still plan to sell half of my position, but I have upped it from 59.01 to 60.06. The second half of the position will probably be sold off if when we hit the 62.18 mark. I still stand by the 65-66 stall out before continuing its' ascension to 70.

                        Comment

                        • Rob
                          Senior Member
                          • Sep 2003
                          • 3194

                          #72
                          Originally posted by substantial loss
                          Razr glitch causes sales halt
                          Some units may cut off phone calls

                          By Mike Hughlett
                          Tribune staff reporter
                          Published March 10, 2006


                          Two big U.S. wireless phone companies this week temporarily stopped selling the Razr--one of Motorola Inc.'s hottest selling phones--because of a defect that causes calls to disconnect.

                          A Motorola spokesman said the problem affects a relatively small number of phones and is being fixed quickly. But Cingular Wireless and T-Mobile halted Razr sales to ensure that customers didn't get stuck with a bum phone. . . .
                          Problem solved!
                          —Rob

                          Comment


                          • #73
                            ...and I am in.

                            Comment

                            • gerihearne
                              Senior Member
                              • Jul 2005
                              • 227

                              #74
                              mrmarket is huge

                              Originally posted by mrmarket
                              Motorola will get this licked. This story will get rid of the weak sellers, who needs em anyway..friggin cowards.
                              He's humongous!

                              Comment

                              • mrmarket
                                Administrator
                                • Sep 2003
                                • 5971

                                #75
                                Originally posted by gerihearne
                                He's humongous!

                                yup...licked
                                =============================

                                I am HUGE! Bring me your finest meats and cheeses.

                                - $$$MR. MARKET$$$

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