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IIC's Winners Watchlists
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"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Tomorrow's Winner....SMTS
Watch LCAV for a rebound...may not be tomorrow but I'll be keeping it on my list"Trade What Is Happening...Not What You Think Is Gonna Happen"
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HEres a good article on the drop due to interest rates this afternoon, has some good thoughts.
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Originally posted by Michaelk005Any thought on what the markets did this afternoon; droped like a rock, do you think there will be a rebound tomorow morn?"Trade What Is Happening...Not What You Think Is Gonna Happen"
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NAZ 5 Day Advance/Decline Oscillator is now Oversold...The 10, 12 and 30 day indicate more downside...So, we get a brief rebound and the more downside...maybe 30-70 points???"Trade What Is Happening...Not What You Think Is Gonna Happen"
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PSSI
5:22PM PSS World Med beats by $0.02 (PSSI) 12.59 -0.05: Reports Q3 (Dec) earnings of $0.12 per share, $0.02 better than the Reuters Research consensus of $0.10; revenues rose 13.2% year/year to $344.3 mln vs the $333.9 mln consensus. Co has set an EPS goal for fiscal 2005 (Mar 05) of $0.51 - $0.55 vs consensus of $0.53."Trade What Is Happening...Not What You Think Is Gonna Happen"
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QLTI will fly"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Re: SMTS
Originally posted by tscanlonIIC what do you think SMTS will do today it was up 5% on a bad day. Might think of jumping in.
T"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Re: SMTS
Originally posted by IICOriginally posted by tscanlonIIC what do you think SMTS will do today it was up 5% on a bad day. Might think of jumping in.
T"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by Michaelk005I was pleased about what the market did this afternoon, was scared for a few mins. Shows investors confidence in feds decision. IIC take a look at ATAR, my favorite company of all time lol, Hard hit today, but a reversal is likely, plus high volume.
I didn't get to watch today after 10am EST but in looking at the chart the NAZ looked strong the last 2 hours. The low was 5% off the 1/26 Intraday High which is a nice place for a bounce. I held everything today and will do so tomorrow too. My portfolio lost 6% the last 2 days...but I expect to make that back up soon. Been a roller coaster ride for me this month...my portfolio was up 10% then down 6% then up 19% now up 5.8% YTD."Trade What Is Happening...Not What You Think Is Gonna Happen"
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The NAZ Advance/Decline Oscillators are pretty interesting...The 5 Day hit Oversold yesterday and the 10 day hit it today. The 12 day is headed there shortly. But, normally they will continue down a little further before we hit bottom...I am calling the NAZ bottom at 1997.86 approximately.
I am saying that tongue in cheek but we could see something around there (2000) before we rebound.
I say give it a week either on the sidelines or in the trenches...we will go up from there IMO
Watch for a brief bounce on Friday...Best To All...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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I was on the road all day for work...8 of 9 up and one unchanged...not bad...still shakey IMO...I wish we would go down to 1997 and get it over with...Glad to be back from vacation now so I can do my weekend DD...will post what I find by Sunday evening...Best To All...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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