MY PICK IS ELN

[spikefader]

What kind of blasphemy is this??!! IN "church" no less!

lol ya, I better watch out fer lightin'.
ELN in dangerous waters is all I'm thinkin'....

[Thomrich]

Greetings,
Wow I didnt expect that,Alot of people above me will be doing a swan dive from the 100th floor at $3

cordially Tom

[Thomrich]

Greetings,

NBB,did you see the action on HTE today,incredible dist increase.Didnt know anything about it,will definitely keep a heads up on this one.

COSWF may be coming to US markets soon.All in on that one.

cordially Tom

[New-born baby]

Yup

Greetings,

NBB,did you see the action on HTE today,incredible dist increase.Didnt know anything about it,will definitely keep a heads up on this one.

COSWF may be coming to US markets soon.All in on that one.

cordially Tom

I saw HTE take a huge jump. I also saw EENC take a huge dump today. What's shaking with that sister?

[spikefader]

Greetings,
Wow I didnt expect that,Alot of people above me will be doing a swan dive from the 100th floor at $3

cordially Tom

I'll bet there are. Actually, to be fair, I should give the EW count. There's a good chance this pullback as a small 4 within a bigger 4, so it's still OK from that perspective. 6.08 must hold for the bigger count to be valid, so if that goes, not only does the count go, but the major channel long goes. The monthly just looks like a big bear flag at this point.

By the way, intraday 8.12 is the 'c' short point (from the start of the recent move down after the gap up). Bulls need to take that out quick smart. Above that, it's a valid long setup. It might also be forming an inverted SHS just as a side.

[Thomrich]

Greetings,

Yeah I sold EENC yesterday at 24.48 feeling it had hit resistance,its going to swing alot between now and Sept 15.It has a highpayout ratio,maybe the increase isnt coming?

A quick look at HTEs #s showes a PO ratio in the 50s,can that be right?

cordially Tom

[New-born baby]

Futures

Unleaded gasoline futures for Dec are selling for over $2 today.
Figure out what that means for these oil stocks.

Best to you!

[Thomrich]

Greetings ,'

BTW check out a 1 month chart on SJT,sold way too soon at 44,feel like a fool.
Any dip on that and Im in.

cordially Tom

[Thomrich]

Greetings,

Not sure about the gas futures,but oct NYMEX CL is close to 68

[New-born baby]

I'm dumb

Greetings ,'

BTW check out a 1 month chart on SJT,sold way too soon at 44,feel like a fool.
Any dip on that and Im in.

cordially Tom

I sold BPT at $76.25. Its $79 now . . . .
"Smart money doesn't make mistakes like that. DUMB.

[spikefader]

EENC; SHS forming, R should there now....and by the way, look at the channel from the top, see the drop that expanded it, that's very bearish action right there. And remember the monthly upper channel tag that signals profit-taking...
Maybe it is buy the rumor sell the news action going on....

Sorry for not only hijacking your thread King and taking it off-topic, but also for dissing your pick! I'll shut up for a while, promise!

[Websman]

I'm still holding ELN and am not a bit concerned.

If it goes to $3 I'll buy some more!

[dmk112]

I'm still holding ELN and am not a bit concerned.

If it goes to $3 I'll buy some more!

I'm assuming that you're using your "MAD MONEY" $$$ as Cramer would say lol

[Websman]

I'm assuming that you're using your "MAD MONEY" $$$ as Cramer would say lol

I'm in at $6.89. I have some room to play with, so I'm not ready to sell yet.
The last couple days action is nothing but panic selling, based on false rumors.

[skiracer]

Webs,
I don't think this selloff is on rumors. It's just plain old profit taking by traders who capitalized on news or rumors. I wish I had gotten in on it. It presented a great opportunity to grab a couple of points if you could have got some shares before it went off in the pre-market. I caught it the minute it came across the wire and before I could boot up my brokers site it was up 2.25. The run up is on rumors and the selloff is on profit taking. I don't think these guys who are selling are panicking. They are taking their gains while they can and will probably jump back in on the next rumor or news. I hope the drug comes back on the market for you to profit from but right now the only thing this issue has going for it is news or rumor.