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Bought some LRW today at 19.38 for a 6 month or longer holding period. What looks good to you guys ?
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looking at GFCI again today... (can't help it! it's like a train wreck.) -
Originally posted by billyjoe
LRW up 22.79% in after hours trading. Sweeeeeeeeeet !
--------billyjoeComment
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that is sweet. Still thinking of holding mid term, or will you cash out?Originally posted by billyjoe
I put some MVCO into my mid-term account today
jobs are everywhere in New Orleans,
from Tenet Healthcare to Dairy QueensHide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin FranklinComment
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HUUUGE! BillyJoe.... HUUUGE!!!!
You ROCK BillyJoe!!!! Looks like a great trade!Originally posted by billyjoe
Hey I use LRW sometimes myself dude. It's a pretty good service.BEEF!... it's whats for dinner!Comment
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I bought EBAY @ 26.04 today. I like EBAY because I use it. As a matter of fact I was looking for an industrial strength Bug Zapper on EBAY just today.LOL.... It's a great company imo and the stock is pretty cheap.
Now Mgt. has announced they will buy back 2 $Billion dollars worth of the stock. Earnings CC is going on now....BEEF!... it's whats for dinner!Comment
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Billyjoe ... HUGE congrats on the LRW, dude! Feels good, don't it?
Lye ... re EBAY, welcome aboard, dude!
I'm thinkin' of maybe selling in the 45 range (unless circumstances change dramatically). You?
—RobComment
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I'd love to get over 25% out of it anyway dude. I really think $34 is a realistic short term target. EBAY is a money making machine!Originally posted by RobBillyjoe ... HUGE congrats on the LRW, dude! Feels good, don't it?
Lye ... re EBAY, welcome aboard, dude! I'm thinkin' of maybe selling in the 45 range (unless circumstances change dramatically). You?
Maybe EBAY will gap up tomorrow morning and present the short speculators with another short target to shoot for.... What-a-ya-say Spike, a gap @ 26.77 might actually happen dude?BEEF!... it's whats for dinner!Comment
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Originally posted by Lyehopper
I love using EBAY...I have not owned the stock in a while though.=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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Originally posted by billyjoe
LRW is now down 34% from it's after hours high , but I'm still in it for the long haul. This is a crazy market. Profit 2nd quarter +21%. Revenue +15%. Same branch revenue +8% . Beat analyst estimates. Guidance in line with projections. Go figure ?
---------billyjoeComment
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Nothing wrong with LWR fundamentally.... It's the freakin' "technical's" BillyJoe....Originally posted by billyjoe
I've been studying LRW's chart this morning and it looks bearish. Spikefader and NBB have shown me that these charts can not be ignored reguardless of how badly I want to ignore them sometimes. Spike warned about EBAY and only time will tell because his TA there is a little beyond me right now (I have a -5% stop set just in case).... BUT using my simple method I can clearly see a reason to be cautious on LWR.... It looks like it might be heavily short sold on any rally here. Here's what I see.
BEEF!... it's whats for dinner!Comment
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Wow guys. Just caught up on the LRW chat. Billyjoe! Oh dude, brutal the markets can be. From euphoria to tragedy. This is just the kind of sell the pop on news that I'm talking about. I'll have to do the charts later this evening, but a quick look at the monthly suggests it's failed the fuzzy C at 20.50. The reaction of losing that 20.50 support for the 2nd time in 6 days has been massive intraday selling. Never underestimate a fuzzy C failure.
On the daily, the band action today is very very bearish, and a closing value today below $18.28 would be very bearish and may cause a retreat to as low as $11.00 band support (rising values as time goes on).
Best to ya dude, and sorry fer the hit. If it were me, I'd take the medicine and move on. Intraday resistance is the fuzzy C at $18.10, and another one at $17.00. If I was long at $19.38 and bagholding, I'd think seriously about just taking the 12% loss at $17.00 and getting the boxing glove out for letting a great winner turn into a bilgewater loss.
Sorry if all that sounds harsh dude! You're huge and I'm just callin' it how I see it.
Good luck!Comment
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Spike
Spike, a sell-off post-earnings < 3%, while disappointing, hardly constitutes a mass exodus. You should cover while you have this golden opportunity, and go long. The market rarely drops a gift like this right smack in your lap. When it does, you should graciously accept it.
—RobComment
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Spread Triple Bottom Breakdown on 13-Jul-2006
Here is what StockCharts P&F Chart says for LRW:
Spread Triple Bottom Breakdown on 13-Jul-2006
Prelim. Bearish Price Obj. (Rev.): 5.0
I am still a novice technician -- how accurate and reliable are P&F charts???Tim - Retired Problem SolverComment
jejeje
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