Lyehopper's Roundup....

[EMphase]

Hey
I just wanted to warn you about CVGI because it seems very risky in my opinion. If I had your position @ 19.00$ I would take the small profit now and wait to see whats going to happen. CVGI is currently inside a huge triangle, that seems to be a bearish symmetrical triangle unfortunately because we can count 5 descending waves before the triangle. Of course, there is still a little possibility that the triangle is a bullish one but it's not worth the risk in my opinion. If the price breaks 21.00 then it was bullish and buy but if it breaks 18.00 sell short that thing asap according to the chart below.

[Lyehopper]

Hey
I just wanted to warn you about CVGI because it seems very risky in my opinion. If I had your position @ 19.00$ I would take the small profit now and wait to see whats going to happen. CVGI is currently inside a huge triangle, that seems to be a bearish symmetrical triangle unfortunately because we can count 5 descending waves before the triangle. Of course, there is still a little possibility that the triangle is a bullish one but it's not worth the risk in my opinion. If the price breaks 21.00 then it was bullish and buy but if it breaks 18.00 sell short that thing asap according to the chart below.

Thanks for the TA dude.... Have you looked at this company's fundamentals? I bought it because I like their growth and I think they are well managed and I beleive the stock is a good value.

What do you think of PARL's chart?.... Would you buy or sell?

[Rob]

Parl

Lye, I was just looking at
PARL's chart, since it's
currently at the head of
the class in the POTW.

Do you have a target, at
which you will unload?

[Lyehopper]

Lye, I was just looking at
PARL's chart, since it's
currently at the head of
the class in the POTW.

Do you have a target, at
which you will unload?

If it goes the way I want.... I see $50+

[EMphase]

Thanks for the TA dude.... Have you looked at this company's fundamentals? I bought it because I like their growth and I think they are well managed and I beleive the stock is a good value.

What do you think of PARL's chart?.... Would you buy or sell?

Lye, checking again I'm not sure if it's that triangle bearish anymore because there is an alternate count that could make it bullish but there is one thing that holds: waiting 21.00$ will confirm it's bullish. Until then I will just wait and see. The lack of historical data on that stock makes it hard to learn more about that triangle.

[Lyehopper]

Parl?....

Lye, checking again I'm not sure if it's that triangle bearish anymore because there is an alternate count that could make it bullish but there is one thing that holds: waiting 21.00$ will confirm it's bullish. Until then I will just wait and see. The lack of historical data on that stock makes it hard to learn more about that triangle.

You didn't answer part "B".... What do you think of PARL's chart? and.... Would you buy or sell it?

[Lyehopper]

Update....

I have decided not to post the annualized returns right now.... Maybe later.

[Websman]

Nice job on PARL Dude! Too bad I missed it.

[IIC]

I have decided not to post the annualized returns right now.... Maybe later.

You could post them at the end of the year. Although now I'm going to give Rob another project.

Now these are purely fictional numbers used for illustration purposes only.

At the beginning of the year Mr. Investor starts with $10,000 in his account.

he buys this and sells that over the course of the year. However, in June he adds $5,000 to his account and in October he adds another $4,000....He buys and sells more stocks with that money.

On December 31st he sells everything and his account balance sits at $25,000.

Now...what was his annualized percentage gain that year?

Thanks, Doug(IIC)

[billyjoe]

Doug,
Here's my thinking on this problem. Had all the money been invested for 12 months the annualized return would be simply 25,000/19,000 = 31.57%.
Since only 10,000 was invested for the entire year and 5,000 for 7 months (June 1st) 4,000 for 3 months (Oct.1st), you actually are invested for 22 months resulting in 12/22 X 31.57 = 17.22%. It's probably not correct but an attempt.

billyjoe

[Rob]

I don't know. What am I? A freaking accountant or something?

[Rob]

How Come?

I have decided not to post the annualized returns right now.... Maybe later.

Lye, how come? Is it not working right?

I meant to ask you anyway because when I got done with it, I saved it and then sent it to you--at least I'm pretty sure I did. But later, when I closed it, I got the prompt asking me if I wanted to save it before closing it, and that only happens when you've made changes since the last save. So I thought there was a chance that last one I sent you had some inconsistencies in it.

[IIC]

Doug,
Here's my thinking on this problem. Had all the money been invested for 12 months the annualized return would be simply 25,000/19,000 = 31.57%.
Since only 10,000 was invested for the entire year and 5,000 for 7 months (June 1st) 4,000 for 3 months (Oct.1st), you actually are invested for 22 months resulting in 12/22 X 31.57 = 17.22%. It's probably not correct but an attempt.

billyjoe

That's not bad to estimate...But there is a formula...I used to know how to do it...If I could find the Instruction Book for my financial calculator I could do it.

[IIC]

I don't know. What am I? A freaking accountant or something?

Lye said you were...IIC

[Lyehopper]

Lye, how come? Is it not working right?

I meant to ask you anyway because when I got done with it, I saved it and then sent it to you--at least I'm pretty sure I did. But later, when I closed it, I got the prompt asking me if I wanted to save it before closing it, and that only happens when you've made changes since the last save. So I thought there was a chance that last one I sent you had some inconsistencies in it.

No, I got it Rob.... Thanks!.... I was just looking at the annualized returns and I think that even though it's impossible to lose more than 100% on a long trade the annualized return should show long losses in excess of 100% to make it average out more realistically. Does that make any sense?lol