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Originally posted by jae16
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I think you are right J. Sorry about that. I'll make the necessary changes in the standings as soon as I get a chance. It would make a difference if it ever came down that close. No problemo.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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VIP - LongTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Being correct always matters. Being right sometimes doesn't pay off as expected. I made the change and switched you and Riverbabe's positions in the standings. You are now in 4th and River is in 5th. No problemo except you might find Riverbabe standing on your front steps with a bat some night. She doesn't look kindly on giving up her position once she has it.Originally posted by jae16 View Post
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Rob Rigs The Contest!
Rob will go with RIG long, please, sir Ski.
"How did Rob come up with RIG long?" you ask? Well he simply ran the IIC 100 through his handy-dandy quick comparison Excel spreadsheet, and it ranked RIG as the number 1 stock in the list. Incidentally, numbers 2 through 10 came out like this:
AUO
DRYS
CF
MICC
TBSI
DSX
NM
NDAQ
NE
I gotta tell ya ... I like that NE.—RobComment
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Well I gotta tell ya that you almost knocked me over with pick other than IMCL. Praise the Lord! I was looking to register at your site and didn't see where or how to do it. Could you walk me through it please so that I can place a post or pick.Originally posted by Rob View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Not to mention it might be easy for her to do so... looks like we both live in northern Ohio... MIMO and I live in the same city... although I don't think he's been around since I came to the boards!Originally posted by skiracer View PostBeing correct always matters. Being right sometimes doesn't pay off as expected. I made the change and switched you and Riverbabe's positions in the standings. You are now in 4th and River is in 5th. No problemo except you might find Riverbabe standing on your front steps with a bat some night. She doesn't look kindly on giving up her position once she has it.
~JerryComment
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Off to See the Wizard
Sure, Skiracer! Why, all you have to do is follow the yellow brick road! Follow the yellow brick road! Follow the ... follow the ... follow the ... follow the ... follow the yellow brick road.Originally posted by skiracer View Post
Follow (that is ... CLICK ON) the yellow brick road!—RobComment
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Potw
Sirtuck Picks PRGO long, Congrat to BillyJoe,nice switch friday. Next time I will Counter your move. Good Job.......Comment
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I am gonna go w/ FCX short I believe... thanks ski... Lets see if it makes a downtrend now that it broke through that pattern...~JerryComment
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J,Originally posted by jae16 View Post
that's a good pick and read J. when I first posted the chart at StockCharts I was indecisive on whether to put it up as a Symetrical Triangle pattern, as I did, or to put it up as a Descending Triangle pattern. If you look at the last two large red candles and were to draw a line across the bottom of them and continued the line to the left over to the next white candle the pattern changes to a Descending Triangle.
My logic was that with the Symetrical Triangle pattern and it sitting right on the bottom line I was looking for a bounce up off the bottom line which they do a very high percentage of times in that type pattern. I think that market direction over the last couple of days carried the stock farther down making the Descending Triangle the more relevant pattern of choice. Good eyes on your part.
There is a catch though. There is some arguement for the Symetrical Triangle pattern coming thru though. If one were to lower the bottom line of the Symetrical Triangle on the right side to the bottom of the last red candle on the right after Fridays closing a larger Symetrical Triangle pattern shows and then the stock could still bounce off the bottom line.
I am not trying to defend the Symetrical Triangle pattern but to illustrate something that has to be taken into account when interpreting these chart patterns. Also market direction is so important and such a factor in these decisions that it has to be included in your decision. Most stocks will follow the market just because that's what they do the higher percentage of times. When situations like this turns up sometimes it is best to stay away because of the contradictory nature of the two patterns within one chart. But good eyes seeing that breach of the Symetrical Triangle and good luck with it in this weeks game.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I like it to Spike. Oh are we talking about stocks? Got you covered bud.Originally posted by spikefader View PostTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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SEED Long
SKI SEED Long please ....ThanksComment
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Gild
Congrats to the top three. GILD long please. Skier and thanks for keeping score.Comment
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