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Originally posted by Thomrich
DHB: channel long while low holds. But no intraday pattern to support the long yet. Looking slippery intraday.
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Wow Tom, DRL is a good lesson for us all.Originally posted by Thomrich
This was the last chart I posted for it.
and since then you can see the weekly channel short at 16.67 and it's fallen sharply from there. The channel from 16.67 shows price crashing through the lower channel, so it's not near done yet I think. That kind of channel behavior screams that long is wrong. The daily channel from 8.05 low turned down and I think it's headed lower.
Note today Jan 5.00 puts +DRLMA are 0.20x0.35 (last trade 0.25). The Jan 7.50 puts +DRLMU are 0.80x0.90 (last trade 0.85). Let's revisit those prices in a several weeks and see how much they've appreciated. Anyone long DRL should seriously buy some of these to hedge.
Learn from this one folks. The whispers and screams were there for all to see. You just have to know what to look for, and ACT on it. Don't be a bagholder!Comment
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Spike,
DRL is a perfect example why I'm suspicious of all foreign based stocks. They aren't playing under the same set of rules as their U.S. counterparts. Would this have been as likely to happen with a U.S. bank? OFG is another example , we just can't accurately monitor what's going on down there. Sure , we eventually find out , but it's too late by then. Maybe CIB and PCU are legit. At least PCU comes up with a great dividend regularly so we know that money is being made. Sure we've had our Enrons and Tycos , but we're getting better and putting some fear into the U.S. CEO conmen.
billyjoeComment
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Spike, any technical thoughts on TOL now that its gotten the wind knocked out of it?Buy Low
Sell High
STAY FROSTY!Comment
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Greetings,
To Spike and all,keep an eye on HANS tomorrow,not to bore you all to tears with my short hunt,but earnings are coming out.
A miss,or not as good as expected report,and this could really tumble.Im hoping to get a SNAK type play.Its really run up prior to the release,could be a great ambush,targeting above 58 short,with a 40 cover.
cordially TomComment
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Spike, Congratulations on your thread reaching 5,000 posts and 100,000 views. This is by far the biggest thread in both categories. A testament to the quality of your posts/views/ideas/etc and everyone else who contributes!Buy Low
Sell High
STAY FROSTY!Comment
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Mine thread hasn't even had 24,000 views yet. I'll catch up in about 5 years. lolOriginally posted by scifosComment
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Better tighten up Webs.... Goji thread might pass you.Originally posted by WebsmanBEEF!... it's whats for dinner!Comment
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Many congrats!
Yes, Spike, many, many congratulations to you! In fact I really think the congratulations belongs to us readers, instead, because we get the benefit of having you amongst us. And yes, life wasn't too much fun while you were gone--and much, much better with you posting here. I (and all the others here) wish you much profit$$$$$$ and God's richest blessings.Originally posted by scifosComment
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Greetings,
As a follow up to my HANS short interest,it gapped up strong this AM,but per this chart
It appears to have gapped up to an upper channel on the daily and weekly charts.Ive heard it said sell into strength,any one have any opinions on if this could be an opportunity?
Im watching to see if can take out this mornings high,as of right now its $3.50 off its peak.
cordially TomComment
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What about charts of RMBS and PIXR?
Anyone with comments? Spike?Comment
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Aob
THANKS SPIKE- i SOLD HALF AT 7.00 -i WILL RIDE THE REST TO 8 OR 6.40- WHAT ARE YOUR THOUGHTS ON VPHM- BOUNCE OFF BREAKOUT 21.50 OR SO OR BACK TO 18 OR SO BOTTOM OF CHANNEL- THANKS AGAINOriginally posted by spikefaderHi patrick, welcome to the thread. Glad you came outa lurking
AOB: here's a few charts for target and stop thoughts. With +8% now, you don't want to take a loss on it.
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