MY PICK IS ELN

[dmk112]

Just joined you at $15.60. Let's ride this gem up together! My risk is a little over 4%.


All aboard!!

Spike, what do you think of some options for this one? Trying to limit my risk incase this thing tanks as it has in the past. I'm thiking of November 15 calls, or January 17.5

[spikefader]

Spike, I was even thinking WMT might offer another entry on a rejected retest around 48.00.

Yep, you called it. lol

[spikefader]

Spike, what do you think of some options for this one? Trying to limit my risk incase this thing tanks as it has in the past. I'm thiking of November 15 calls, or January 17.5

Haven't looked at the premiums or charts but I'd think Jan 17.50s are the way to go. I can't imagine ELN flatlining from the triangle break that's coming......

[Runner]

Yep, you called it. lol

Spike, It was suppose to go the other way....hehe!!

[Websman]

OK boys , I'll try her again. Have order in @15.51. Volume is very low today. If I get fooled again it's shame on me.

----------billyjoe

Nice call Billyjoe! 15.51 was the low of the day. I hope you got a fill...

[billyjoe]

Nice call Billyjoe! 15.51 was the low of the day. I hope you got a fill...

Webs,
I didn't get it. The ask never dropped below 15.52 as far as I can tell. You never know. I've already sold at a level a stock supposedly never reached so maybe I can buy at a low never reached. Tomorrow..tomorrow... just a day awaaaay.

-----------billyjoe

[skiracer]

Real nice call off the low of the day today guys. I might be joining you tomorrow. Looks ready to go off from here and still a good entry right here at todays closing price.

[Websman]

Real nice call off the low of the day today guys. I might be joining you tomorrow. Looks ready to go off from here and still a good entry right here at todays closing price.

Looking forward to you joining us Ski!

[skiracer]

Looking forward to you joining us Ski!

Yea it looks good for something to happen now Webs. Maybe tomorrow.

[billyjoe]

Webs,
My limit expired I didn't put "good 'till cancelled". Could have gotten it for 15.41 today. Now back to the drawing board. Maybe today.

-------------billyjoe

[riverbabe]

I got in today at 15.50 in one account and 15.47 in another. Holding the 50 dma. Looking good.

[billyjoe]

Still not in , but big spender that I am, raised limit to 15.52. Spike and Ski, the chart looks good but it doesn't matter if the report on 10/25 is bad. If it is bad we might not be able to get out in time even with limits*. That's my worry.

------------billyjoe

* "ECN (Electronic Comm. Network) is a computerized trading network to display and execute limit orders. Buyers and sellers may experience significant delays before orders are filled and some orders may not be executed at all."

[billyjoe]

Ski,
Got the ELN @15.52 . Hope we all make some $$$.

------------billyjoe

[skiracer]

Ski,
Got the ELN @15.52 . Hope we all make some $$$.

------------billyjoe

Billyjoe,
I was watching it all day. It is now on my watchlist after today. I like the play but am just lurking right now to see which way the wind is going to blow. I love the daily chart and there is a nice symetrical triangle forming there over the past month and a half which is coming to a head along with the bolinger bands tightening up. Something is going to give here and I feel it is to the long side.

[spikefader]

Spike and Ski, the chart looks good but it doesn't matter if the report on 10/25 is bad. If it is bad we might not be able to get out in time even with limits*. That's my worry.

I hear ya. If ELN hasn't done something impressive by earnings I'm going flat.