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Originally posted by spikefader
Sign outside New-Born's Church:
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Hey... I thought Newborn was Amish! -
LOL thats so funny I can't even come up with an intelegent response!Originally posted by spikefaderSign outside New-Born's Church:
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Greetings Spike,
This is formerly Thomrich,all my V bulletin passwords and user names were eliminated on every board,and since Ive changed E-mail service,a password request was in vain.
Glad to be back,as Ive had some bad trades but kept the loss minimal.Im looking to short GM at the correct time,as I feel its destined for bankruptcy.
With Kirk Kerkorian pumping cash in again,can you give a stall in the rally?I have no idea why he thinks this is a good investment,since he was wrong last time,and nothing has changed.Id like to take some of his money,along with Bill Gates if he continues to keep selling.
cordially your friend Tom
BTW EENC looks to be setting up for a short trade,with the monthly EX date coming up the 28th I think.Also thanks for BEL,I buy shares with distribution money from Canroys.Avg pps 3.34,and it doesnt seem to care about the markets direction.Any thoughts on the next price hurdle?Comment
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DHB:
Doing some impressive bullish things at last. I've got it on the radar again. Waiting for the pink 'C' will be worth it I think. There was a weekly channel long 4 weeks ago. Has potential now to fill the 8.30 gap and then the 11.75 gap.
On the monthly one could argue it has now done full 12345 (subwaves in 1) up to the 22.70 high back in Dec 04, then the massive abc on the monthly to correct. Volume is still light, but I think this has wonderful 135% profit target from 5.00, the C may well end up being $5.50-$6.00, depending on current impulse and assuming no subwaves stretch it out.
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Hi Tom! Welcome back! Minimal loss sound like good trades to me!Originally posted by TFred
GM; whodathunkit. I think 28.00-29.00ish is gonna resist pretty hard. But that weekly pattern is an inverted SHS dude. Look at the volume. Could be a bottom. I'm very impressed by what it's doing here. If I were you, I'd wait and see how it reacts to that 28-29.00 area. Stalk it like a starving cat! lol
EENC; oh yeah, setting up short! hehe Got that large weekly SHS there now. December was VERY bearish action dude. Ya got that gap at 19.60 (just notice stockcharts shows 19.39 and that it's been filled yesterday hmmm). Anyway, the reaction at 19.50 was the double top and today volume selling just after noon that resisted to close....it's whispering weakness to me. Has potential to fall nicely to perhaps eeek 8.00.
The only thing I dont like short right now is the 'c' short failure (a bullish thing for newbs) down at 17.45 recently. BUT on the weekly it looks like it's in the 'a' up. So if it were me, I'd look for the weekly 'b' then 'c' and jump all over it Hopefully the 'c' will fall just short of the gap and it'll give a good r/r play there. Otherwise, if it drops early and leaves dust in yer face, maybe chase a later channel turn down or any strength up in to a channel in the weeks ahead??
Careful the island reversal potential around these levels; bear trap.
YW re BEL. Good luck with it! Looks to me like it's just starting a 3 up. I think 4.49-4.75 is where it may hit the brakes and drop for a handle.
Good luck!Comment
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I missed it!
.Originally posted by spikefader
NOW YOU'VE GOT MY ATTENTION! HaHaHaHa!
My wife got a big kick out of this one! Somehow I missed the chart until just now. I was busy checking out Runner's TLAB chart, and when I came back here, I see, I see
Webs, no, not Amish. Spike has it right: Baptist
Check out www.ekklesia.to and you'll see a lot of my stuff in SOLA! magazine.Last edited by New-born baby; 01-26-2006, 10:50 AM.Comment
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Spike Thanx
SpikeOriginally posted by spikefaderHi Peter. TIE: wow, look at that weekly money flow would ya (chart not included in this post)! Weekly channel turn up whispers higher.
Here's some daily thoughts.
Oh, and Peter.....dude! You were the one who brought CERS to the thread. You were indeed right that I'd love it hehe
Thanks for that heads up. I owe my yearly pick success thus far to your rec! That was a beauty. Thanks and keep 'em comin'!
Thanx for your brilliant analysis of the charts.....we are all in this together to help each other ........the cooperation around here is great ......I love this siteComment
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Spike Check These 2 out
Spike have made money with MFLX in the past and it looks good now .also SMXC looks as if it is ready to run for the rosesComment
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You're welcome, Peter! Yep - this has to be the cream of the crop as far as forums go I just hope it stays that way!!! hehe
Thanks for the heads up on MFLX and SMXC - first one looks like it's worth chasing this channel turn up it's generating today for a ride on the fifth in the weekly.....
SMXC weekly ascending triangle targets high!Comment
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Hey spike, Looks like MCX chart is making an ascending triangle pattern.
Tell me what you think!
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