Lyehopper's Roundup....

[peanuts]

It's off and running off today's low.... I've seen this before.

Buy it!

price target? thanks

[Lyehopper]

ECOL reports earnings....

ECOL should rally again now....

http://biz.yahoo.com/bw/060418/20060418005946.html?.v=1

[New-born baby]

It's off and running off today's low.... I've seen this before.

Buy it!

No, no, no You are supposed to SELL into any strength on a declining stock.

[Lyehopper]

where's the bottom?

No, no, no You are supposed to SELL into any strength on a declining stock.

What happens if the stock is experiencing a reversal? I guess it pays to "know the stock". Let see if PARL hit bottom yesterday. I think it did.

[New-born baby]

What happens if the stock is experiencing a reversal? I guess it pays to "know the stock". Let see if PARL hit bottom yesterday. I think it did.

Lye,
I apologize for the negative post on PARL on your thread. I didn't intend to rain on your party--just wasn't thinking.
You are correct that PARL bounced off of support here yesterday, and significant support at that. And the Fast STO says that this could be the bottom, and the RSI says 'it might be,' too. The Point n Figure still says PARL has to see $19 for the very bottom.

[Lyehopper]

Lye,
I apologize for the negative post on PARL on your thread. I didn't intend to rain on your party--just wasn't thinking.
You are correct that PARL bounced off of support here yesterday, and significant support at that. And the Fast STO says that this could be the bottom, and the RSI says 'it might be,' too. The Point n Figure still says PARL has to see $19 for the very bottom.

No appology necessary NBB. You were posting your opinion. I respect and encourage that dude. Plus PARL could do as you say. I just picked up a little on the bounce yesterday but I ain't married to it.lol

Now what does your TA say about my ECOL?.... Takin' some profits there this AM.

[New-born baby]

Ecol & PARL

ECOL:TA says she's hitting $24 pretty quick, and longer term--$38.50.

PARL: Hit significant resistance yesterday and bounced as expected. Now has significant resistance at $29. IF current support (see chart) fails, not much between current price and $19.

[Lyehopper]

Weekly!!!! Weekly!!!! Weekly!!!!

ECOL:TA says she's hitting $24 pretty quick, and longer term--$38.50.

PARL: Hit significant resistance yesterday and bounced as expected. Now has significant resistance at $29. IF current support (see chart) fails, not much between current price and $19.

BUT.... What does PARL's weekly chart tell ya? You don't often look at the weekly do ya NBB? Personally?.... I'd way rather study weekly charts than daily.

[New-born baby]

BUT.... What does PARL's weekly chart tell ya? You don't often look at the weekly do ya NBB? Personally?.... I'd way rather study weekly charts than daily.

I do look at the weekly . . . PARL's weekly tells me it has lost its MoMo . . . it is in the process of rolling over . . . PARL bounced off of support yesterday, as you would expect, but watch out Monday . . . Did you notice that PARL is moving up on lower volume today? That's bearish. Stocks that roll over normally experience this type of action. No stock just drops to the floor, but see/saws its way down to the bottom. Look at that chart I posted. PARL has given false signals higher about five times in a row now. (from $38 down to today's prices).

The good thing about the Lyehopper is that he knows how to hop out of the way if he needs to. Sorry to beat Paris to death here . . . .

[Lyehopper]

I do look at the weekly . . . PARL's weekly tells me it has lot MoMo . . . it is in the process of rolling over . . . PARL bounced off of support yesterday, as you would expect, but watch out Monday . . . The good thing about the Lyehopper is that he knows how to hop out of the way if he needs to.

LOL yep.... I'm ready to "hop" on SIRF short again (at resistance).... Gotta swing trade this thing (short) very cautuiously! It could pull a ESLR on ya if you're not carefull. That stinkin' thing (ESLR) bit me in the butt earlier. I think SIRF short above $39.50 might be good for 5%. But if she breaks $40 Cover your arse.... and QUICK!....lol

Seriously! might be some nice short plays sitting up right now. While the "masses" buy everything in sight, look for what might be ready to sell off.

[New-born baby]

SIRF & SHORTS

Seriously! might be some nice short plays sitting up right now. While the "masses" buy everything in sight, look for what might be ready to sell off.

I agree about the shorts--next week the market tumbles, imo, because the expiration is over. Usually we have a run up to expiration, and a tumble the week after . . . .

SIRF: I am long the stock, as I post somewhere on MM. Sitting pretty via the option chain, so no sweat for me as long as SIRF is above $30 lol.

Looking at SIRF chart, resistance says she stops just under $40. I sold the May $45 calls naked because I don't think she gets there, but I could be wrong. I have been wrong before.

PARL: today's volume at 12:30 EST is 84k shares.
Normal daily volume is 385k per day, or 60k per hour.
LOW.

Suggest you short the QQQQs by buying the JUN $45 PUT. QQQQ has significant resistance at $43. You'll be able to buy the put there at $2.10--if QQQQs get to $43 before Friday close. Don't think it will . . . . In any case I'd be looking to buy those puts by Friday's close. This thing moves nickle for nickle with the price, so for $210 you control $4300 worth of stock. All you need is for the NAZ to fall after you buy the stock. And if she doesn't, wait until tomorrow.

[spikefader]

I agree about the shorts--next week the market tumbles, imo, because the expiration is over. Usually we have a run up to expiration, and a tumble the week after . . . .
....

Yeah, but we don't usually have an impulse off a 'c' long area on the DOW though NB. Caution shorts is my fresh call. You'll have to be nimble with shorts, trying to time them relative to those impulses, but why fight the tide? We're goin' up says the charts hehe

Good job with ECOL Lye! And I agree with NB re PARL. SIRF, I agree with you. hehe

Best!

[spikefader]

BUT.... What does PARL's weekly chart tell ya.....I'd way rather study weekly charts than daily.

Yep, great point. PARL's weekly chart shows fantastic money flow, and it's at support areas. I just don't like the SHS I see, nor the broadening shape.

[DSteckler]

Yep, great point. PARL's weekly chart shows fantastic money flow, and it's at support areas. I just don't like the SHS I see, nor the broadening shape.

I don't know what money flow indicator you're looking at but the weekly Volume Flow Indicator has been trending lower since 3/3 and turned distributive on Friday.

PARL also broke below the rising intermediate-term trendline (connect the week-ending 5/6/05 and 10/28/05 bars) last Friday and has failed to get back above it.

[spikefader]

I don't know what money flow indicator you're looking at

It's Chaikin Money Flow indicator that one; and yep, that's been trending back to the zero line since March too....the zero line support reaction gonna be interesting to note.