MY PICK IS ELN

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  • riverbabe
    Senior Member
    • May 2005
    • 3373

    Originally posted by spikefader View Post
    Long live ELN! haaaaaarrrrrrrrrrr That last short setup was good for about 20%. But now she's headed for 30.00 resistance!

    Looks like it's in a weekly 3 up. Scuttlebutt ELN thread for those interested.

    Remember the inverted SHS that started the recent move?
    Some nice charts there now........and it's a +93 rating at Scuttlebutt!
    Hot darn! Lookin' real good! Hey, I still got a little cash sitting around earning 1.05%....!!! And the kracken's gettin' DXPE too.

    Sister! Nice call. River

    Comment

    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      Originally posted by riverbabe View Post
      Hot darn! Lookin' real good! Hey, I still got a little cash sitting around earning 1.05%....!!! And the kracken's gettin' DXPE too.

      Sister! Nice call. River
      River,

      Just this polite, concerned warning from me:
      Day trading has slain its thousands, but ELN has slain its ten thousands. ELN is one wild stock. It defies the chart more often Charlie Manson.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • Websman
        Senior Member
        • Apr 2004
        • 5545

        Originally posted by New-born baby View Post
        River,

        Just this polite, concerned warning from me:
        Day trading has slain its thousands, but ELN has slain its ten thousands. ELN is one wild stock. It defies the chart more often Charlie Manson.
        I should have held my shares....

        Comment

        • riverbabe
          Senior Member
          • May 2005
          • 3373

          Originally posted by New-born baby View Post
          River,

          Just this polite, concerned warning from me:
          Day trading has slain its thousands, but ELN has slain its ten thousands. ELN is one wild stock. It defies the chart more often Charlie Manson.
          I am listening. I am really listening. Thank you.

          Comment

          • New-born baby
            Senior Member
            • Apr 2004
            • 6095

            Originally posted by riverbabe View Post
            I am listening. I am really listening. Thank you.
            If you thumb back through this thread, you'll see a few places where Spike called ELN to be a bull, and burnt toast was the result. (And Spike is simply the best chart reader around). But like I said, she's a wild stock.
            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

            Comment

            • riverbabe
              Senior Member
              • May 2005
              • 3373

              NBB, thankyou so much for your insight herel I need to slow down. You are helping me with thatl Exactly what I need. Thank you.

              Comment

              • sisterwin2

                what are all you very smart folks thinking of ELN now???

                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  Originally posted by sisterwin2 View Post
                  what are all you very smart folks thinking of ELN now???
                  I rate it +93/100.

                  Is there a dominant theme in the below charts? Aye, thar be one.





                  Comment

                  • sisterwin2

                    love it when you blow some wind under my skirt...

                    Comment

                    • spikefader
                      Senior Member
                      • Apr 2004
                      • 7175

                      Originally posted by New-born baby View Post
                      If you thumb back through this thread, you'll see a few places where Spike called ELN to be a bull, and burnt toast was the result.....she's a wild stock.
                      Aye; it's true, ELN has taken its fair share of assigned risk. These pages have th' proof of it. I'll have to read back and remind meself.

                      But from me vague memory the gains have outweighed the losses, the W/L be ok, and the probability acceptable. So I nay fear th' ELN ship.....it can be tamed; money can be made.

                      And while we would all like a 100% success rate on opinions and biases we all know that's nay never gonna happen. So it's about managing, and risk control

                      Maybe a quote from this thread 2 years ago on such matters will help those scared of the "wild" stock ELN:
                      Trading success is a whole lot more than just straight winners or percentage winners. While straight winners can make you HUGE , ultimate profitability is is much more about risk reward and how you make it fit into your trading style. The numbers have to work otherwise you're wasting your time and your money.
                      Do the numbers work applying TA to ELN? You bet yer wooden leg they do.

                      Comment

                      • New-born baby
                        Senior Member
                        • Apr 2004
                        • 6095

                        I am not attacking Spike; he's the master TA man without peer, imho. I am just saying that ELN took me for enough dough to make KingoftheHill the King of the Hill. But look at ELN right now; recommended on 6/15/07 at $21.50. And it is $21.13 right now. Not exactly green, though certainly no need to panic. Normal price action thus far. And Spike is exactly right: it is all about managing the trade. No one knows what any stock will do, and I say, "especially this one."

                        So please chalk up all my comments to my own "burnt toast."
                        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                        Comment

                        • spikefader
                          Senior Member
                          • Apr 2004
                          • 7175

                          Originally posted by New-born baby View Post
                          ..I am just saying that ELN took me for enough dough to make KingoftheHill the King of the Hill...
                          Sorry t' hear it, NB. May yer waters be green, the winds favorable, and yer heart fearless.
                          We must do the things we think we cannot do.
                          Eleanor Roosevelt

                          Only when we are no longer afraid do we begin to live.
                          Dorothy Thompson

                          Don't be afraid to go out on a limb. That's where the fruit is.
                          H. Jackson Browne

                          Let us not look back in anger or forward in fear, but around in awareness.
                          James Thurber

                          Our doubts are traitors and make us lose the good we often might win, by fearing to attempt.
                          Jane Addams

                          Nothing in life is to be feared. It is only to be understood.
                          Marie Curie

                          Ultimately we know deeply that the other side of every fear is a freedom.
                          Marilyn Ferguson

                          Fear not for the future, weep not for the past.
                          Percy Bysshe Shelley

                          In skating over thin ice our safety is in our speed.
                          Ralph Waldo Emerson

                          I have learned over the years that when one's mind is made up, this diminishes fear; knowing what must be done does away with fear.
                          Rosa Parks

                          Worry giv
                          es a small thing a big shadow.
                          Swedish proverb

                          For God did not give us a spirit of fear, but of power and of love and of self-control.
                          2 Timothy 1:7



                          Comment

                          • New-born baby
                            Senior Member
                            • Apr 2004
                            • 6095

                            Thanks, Spike. Right on.
                            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                            Comment

                            • sisterwin2

                              Originally posted by sisterwin2 View Post
                              love it when you blow some wind under my skirt...
                              shoulda said.... wind in my sails.....jejejejeje

                              Comment

                              • New-born baby
                                Senior Member
                                • Apr 2004
                                • 6095

                                Spike recommended at $21.50, and she's $22.55 now, so you have to say, "that's a good trade with more to come." Sorry for the incorrect nay-saying.
                                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                                Comment

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