OFG ==> The Titans Are Coming to AC Winner!!

[spikefader]

Re: ofg

$$MR.MARKET$$HUGE SIR
OFG, on lower volume, dipped to $31.27 on Thursday. Are you still confident about hitting the number with all the uncertainty in the market, esp. financial stocks that have dropped in preference from #3 to 112?
This is not a knock--I am just a new-born baby.

Hope ya don't mind me chiming in again re OFG. Further technical study using regression channels can support bullish stance.

http://img47.photobucket.com/albums/v145/spikefader/Trading/OFG_Bullish.jpg

[New-born baby]

OFG

Spikefader,

Thank you for the information! It looks real good.

Now, what is your take on MAGS?

I'm crying for milk,

[spikefader]

Re: OFG

Spikefader,
Now, what is your take on MAGS?
I'm crying for milk,

Short the first buying spike Monday and cover/flip long at lower reg channel to ride back up to double top. Reassess reaction there.

[New-born baby]

Mags

Spikefader,

Thank You again. Is it too much to ask what are your top five or ten stocks your watching now? And any commentary you might throw in would be much appreciated. I'm trying to learn how to crawl.

[spikefader]

Re: Mags

Spikefader,
Thank You again. Is it too much to ask what are your top five or ten stocks your watching now? And any commentary you might throw in would be much appreciated. I'm trying to learn how to crawl.

Sure New-born.
Some others on my long watchlist include:....NUTR....

Nice smart entry today for the patient (EDIT - oops, only meant to quote it, but edited my original sheesh...

[/quote]

[spikefader]

Re: OFG

Spikefader, ..what is your take on MAGS?

By the way, had you taken the first spike this a.m, you'd be short somewhere between 37.05 to 38.68 with stop above hod of 40.35, and you'd be currently holding nicely at 35.53

[spikefader]

Re: ofg

$$MR.MARKET$$HUGE SIR
OFG, on lower volume, dipped to $31.27 on Thursday. Are you still confident about hitting the number with all the uncertainty in the market, esp. financial stocks that have dropped in preference from #3 to 112?
This is not a knock--I am just a new-born baby.

Hope ya don't mind me chiming in again re OFG. Further technical study using regression channels can support bullish stance.
http://img47.photobucket.com/albums/...FG_Bullish.jpg

Further to this: OFG is ripe this morning for longs.

[spikefader]

Re: OFG

Spikefader, ..what is your take on MAGS?

By the way, had you taken the first spike this a.m, you'd be short somewhere between 37.05 to 38.68 with stop above hod of 40.35, and you'd be currently holding nicely at 35.53

MAGS has fallen under that volume area of 36. Not much support under it - will likely look for channel support somewhere. Anyone short from the spike would be wise to move stop to breakeven.

[New-born baby]

ofn, nutr, mags

Spikefader,

Thank You very much! I really appreciate the info.

You were right about Mags--BIG TIME. BUT--I got called in to jury duty and missed the buy point, so all I can do is read your email and weep!

OFG--I picked up 500 at your direction, and will look closely at NUTR.

I like ESMC, have owned it twice, and might rebuy it. What is your opinion?

Please feed me milk,

[mrmarket]

Guys..before you start taking warm showers together, how about if I set up a Spike's Science topic for Spikefader to deal us in on his outstanding artwork...what say you, Spike?

[spikefader]

Re: ofn, nutr, mags

Spikefader,
Thank You very much! I really appreciate the info.
You were right about Mags--BIG TIME. BUT--I got called in to jury duty and missed the buy point, so all I can do is read your email and weep!
OFG--I picked up 500 at your direction, and will look closely at NUTR.
I like ESMC, have owned it twice, and might rebuy it. What is your opinion?
Please feed me milk,

Anytime. Ya - MAGS 38 to 31 ride today a real good example of why taking profits based on Elliott wave theory can be smart. The fifth wave up after a bull flag in this case. The channel is around 29ish so looking at today's intraday action, another wave down tomorrow is target territory for any shorts, looking to flip to long at the channel.

RE: OFG, the way the day finished, the channel makes a little sudden expansion from today's action - not the perfect channel bounce I like to see, so I advise caution on this long. It would be wise to move stop to breakeven or at worst just below today's low. A bit more patience required on OFG I suspect.

Same thing with NUTR - the way the day finished, it has a channel expanding violently today, so I remove the buy recommendation and will put it back on the watch list. Anyone long from my recommendation should tighten stops (b/e or no lower than 20.00) and patiently wait for the right time if you're stopped out.

I'm watching ESMC closely for a good place to buy it.

[spikefader]

Guys..before you start taking warm showers together, how about if I set up a Spike's Science topic for Spikefader to deal us in on his outstanding artwork...what say you, Spike?

LOL .. warm showers.

Topic sounds good to me

[mimo_100]

Hello spikefader,


And thank you for all of the great tech input.

I checked a couple of different sources regarding OFG's
historical prices. I show an interday high of 32.94 on April
1 and an interday low of 24.65 on February 4 versus your
33.06 and 24.52 on the chart above respectively. Why
is stockcarts so different? Thanks.

Tim

[spikefader]

All further chart discussion moved to main thread thanks!

[New-born baby]

main thread

Spikefader,

Where is the "main thread?"