Admans outlook

[DSteckler]

I can only agree with you Lye. Adman must have been having a bad day. I had to go back and reread my original post even though I was sure that I didn't attack anyone viciously or make any foolish or derogatory statements.
I want to make it clear that I wasn't singling out Adman individually. Jim Smith and DSteckler were also part of that comment. But it was just a comment about how I feel about throwing out any number of stocks that look good with just a cute little remark and nothing much else. Personally I could care less what kind of degrees, how many, brokerage positions, or whatever else someone might have going for themselves. I just want some type of solid concrete technical or fundamental analysis to back things up. Some type of plan or strategy is always.
When you come to a public forum like this these comments go with the territiory. Are we just a bunch of lemmings or without any sophistication whatsoever that we have to just accept anything anyone tells us. That's BS in my book an other than the fact that it was never my intention for this to go this far I could care less if Adman stays or leaves. He is the only one here who knows how much he can deal with inside of his psyche an apparently he has had to much of whatever that is.
BTW one of my best friends from high school days has a son. He is now the head basketball coach at Princeton. Is that as good as a degree from there? I know I could most likely get tickets to the games. Adman an I might be there sitting next to one another and not even know it. Wouldn't that be kick ass.

Ski, would you rather I not post individual stocks? I thought I always gave a short, technical opinion as to why a stock looked good and usually mention earnings estimates for the next two quarters. Can you give me an example from when I didn't (excepting bow tie and Cooper candidates, where I present the stocks that meet the setup criteria and leave it to the reader to do further DD)?

I'll be glad to limit my comments to the broad market.

[RL]

Why Is It that all of these GREAT stock pickers have such a thin skin? I should have been gone a long time ago as no one seems to give a rats a-- about my dart throws. I'm very upset but I have learned to live with It. The only reason I think I stay around Is to get a jug of GoJi juice but I really don't think there Is any such thing. Guess I'll just have to watch the SABERS win the hockey game today and crack a few cold ones then throw the dart to get my pick for the POTW.Good luck to all you rich guys.

[RL]

Dave don't you start now please keep your posts just as they are.

[Lyehopper]

We is who we is.........

I think there's plenty of room here for EVERYONE.... No matter what your style.

Think for a minute how aweful this forum would be if everyone here were like me. You'd only get about a half dozen stock picks per quarter and half of those would be losers. Now wouldn't that just SUCK!

I appologize for my abrasive comments to Adman, to Jim Smith, to Scifos, to Skiracer, to Dave Steckler, to Mr Market, to Karel, to Doug, to Spike, to Websman, to peanuts, to..... well you get the point.... Why haven't I been banned from here anyway?

[skiracer]

Ski, would you rather I not post individual stocks? I thought I always gave a short, technical opinion as to why a stock looked good and usually mention earnings estimates for the next two quarters. Can you give me an example from when I didn't (excepting bow tie and Cooper candidates, where I present the stocks that meet the setup criteria and leave it to the reader to do further DD)?

I'll be glad to limit my comments to the broad market.

Dave,
Geez, I started a firefight. No Dave I love you just the way you are. Please don't change a thing. I'll grow an evolve more as a person if I learn to adapt more to other peoples styles. I can always use alittle more work in that area.
I read all your posts and have made a few plays off the stocks you've mentioned. The same goes for Jim Smith an Adman. I just like having more and giving more of the chart analysis and strategy regarding entry, exit, r/r, and targets laid out but it's no problemo. Most of us here have gotten used to Spike and his type of full blown analysis. You guys are doing a great job just the way you are. Keep it up.

Lye,
After we all finally get used to who the real Lyehopper is and grow to love him that way you can't go and change on us. Personally I couldn't imagine you being any other way than the straight forward abrasive individual you are. You ROCK Lye. I would feel comfortable with you watching my back anytime.

[billyjoe]

RL,
Ray, I've always valued your dart throws otherwise I wouldn't have offered advice in the sharpening and feathers to use for optimum flight. In fact I've set a little aside from each successful trade using your method. It's in a special fund and I'll send it to you when it reaches 6 figures. Your thick skin is really appreciated.

billyjoe

[billyjoe]

Is it possible that 5 or 6 posters on this forum are actually the same person? It would seem hard to believe , but some of the similarities are really weird.

billyjoe

[RL]

Billy I always knew you could reognize talent. he he he.After all you are the one who started me on the road to fame.

[DSteckler]

<< I just like having more and giving more of the chart analysis and strategy regarding entry, exit, r/r, and targets laid out but it's no problemo. >>

I can appreciate that Ski, but what you're asking for takes a lot of time and I can't do it while I'm trading the market. Understand too that entries and exits are dependent upon each trader's style and objective: someone looking to scalp a 2% - 3% gain and move on will have different entries and exits from someone looking to swing trade for a 4 - 5 day holding period.

R/R is too subjective, IMO. For example, if I'm entering at 10 and risking 1/2 point, I have a 5% risk. But what's the exit - 12? 15? 50? Each gives you a different reward and frankly, the higher the target the more difficult it is to be reached. Regardless, I'm not interested in managing reward, I'm more concerned with managing risk. I know my entries will, over time, be profitable, as long as I properly manage my risk.

Targets are easy to calculate once you learn the basics of chart interpretation. Triangles, rectangular bases, head-and-shoulder patterns...all use a simple formula for calculating the target objective. I highly recommend "Technical Analysis, A Personal Seminar," by the NY Institute of Finance, for learning how to calculate targets.

[skiracer]

<< I just like having more and giving more of the chart analysis and strategy regarding entry, exit, r/r, and targets laid out but it's no problemo. >>

I can appreciate that Ski, but what you're asking for takes a lot of time and I can't do it while I'm trading the market. Understand too that entries and exits are dependent upon each trader's style and objective: someone loking to scalp a 2% - 3% gain and move on will have different entries and exits from someone looking to swing trade for a 4 - 5 day holding period.

R/R is too subjective, IMO. For example, if I'm entering at 10 and rising 1/2 point, I have a 5% risk. But what's the exit - 12? 15? 50? Each gives you a different reward and frankly, the higher the target the more difficult it is to be reached. Regardless, I'm not interested in managing reward, I'm more concerned with managing risk. I know my entries will, over time, be profitable, as long as I properly manage my risk.

Targets are easy to calculate once you learn the basics of chart interpretation. Triangles, rectangular bases, head-and-shoulder patterns...all use a simple formula for calculating the target objective. I highly recommend "Technical Analysis, A Personal Seminar," by the NY Institute of Finance, for learning how to calculate targets.

Thanks Dave. And thanks for remaining in control and not getting angered by my comments about some of your postings. I can appreciate your position and feelings about the time element. Great response. Thank you.

[The Stock Boy]

I am on vacation, but popped in to see what is going on.
I don't have the time to write up a full diatribe on these, but here are two that I am looking at for some up ticks over the next 2-3 months:


ICOC: Funny you should mention that, as this is one that I have watched for a little while now, and like it. It is hard to say where the top end could be, but around $6, I think you'll do OK. I actually put a it on my watch list back in late December, and picked up a substantial position the first week of January, and sold off 50% of my position on March 23rd, and have serious regrets in doing so.

Along that line, I must emphatically stress that you research ALJ, ALON USA Energy. If trends continue on the path they are currently following, I really expect you should see $39-41 by year-end. As the seers would say, the planets are aligned here.


As always, please do your own research before taking a position in any of the stocks I list here.

ALJ up 10% this morning, and I missed it!

[Lyehopper]

Is it possible that 5 or 6 posters on this forum are actually the same person? It would seem hard to believe , but some of the similarities are really weird.

billyjoe

BillyJoe, If I sound like Webs sometimes it's because he implanted a VTP microchip in the back of my head one evening while I was GoJified. All the bad stuff I post is his fault.

[Karel]

Aliens inserting microchips? What is happening with this board?

[DSteckler]

ALJ up 10% this morning, and I missed it!

Stock Boy, ISIG is up 10% this morning. Did you get that one?

[The Stock Boy]

Stock Boy, ISIG is up 10% this morning. Did you get that one?

No sir, I was not. I am in WEX, which is up about 10% today too. WFR and RDY have moved up a little for me as well. I only have 6 stocks right now, and I am using a hold strategy.
I have a price I am looking for on each to get out at, then use the proceeds to buy my next stock. Small steps to build up an account. 5 out of 6 are up today, and all 6 are up overall. BDY is down today, but, very close to me sell number.