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Thanks Spike,
Im going to buy some in my IRA and let it simmer.Its in the same sector as Salesforce.com,yet has to make profit.One of these days.
BTW I got stopped out of WHT yesterday,learned not to buy before elections,should have known better.
Thanks again Brother,
cordially Tom
Good luck with it.
Great discipline with that stop. Well done. Doesn't feel like it I know..... especially with it trading up today.... but the plan was there and you stuck to it.
QQQ update. Price falling down from rising wedge is bearish. Vector is bearish. Holding short and looking to add on the next pop up. Things about to get bearish ugly in my opinion. Warning longs.
QQQ update. Price falling down from rising wedge is bearish. Vector is bearish. Holding short and looking to add on the next pop up. Things about to get bearish ugly in my opinion. Warning longs.
Add to short 37.68. Ave is 37.39. 4% stop at this stage.
DHB is up $1.69 to $15.74 today. I bought DHB at $13.60, two weeks ago. I made quite a tidy profit today. Once again, my Vucan side is telling me to control my emotions and not get excited, but....my human side is trying to take over...
Excuse me for a moment while express my human emotions...
bwaahaha...bwaaaaha...err...BWAAHAHA!!!!!!!!
BWAAAAAAAAAAAAAAAHAHAAAAAAAAAAAAAAAAAAHA!!!!!! BWAAAAAHAAA!!!!!...sniff...sniff....err....BWAAAAA AAHA!!!
OH YEA!!!!
Hold it Webs! Target an upper channel and sit tight.
EDIT: I just noticed that 2 weeks ago when you bought it corresponds with that red channel turn up. Did you see that at all?
I was quite fond of the chart, but I also bought it because of the fundamentals. DHB is highly undervalued. I also noticed, on the technical side that volume was way down.
Now all I have to do is target that upper channel!
I believe we're looking at a good fall rally, now that the election is over!
It's time for us to make money Spike!
Webs, your belief of a rally is getting some serious support! I'm holding my breath with this short at the moment and keeping a hard 4% stop at 38.88 on QQQs.
EDIT: For what it's worth Vector was bearish at yesterday's close. Today, it is indicating weakness and potential change to bullish.......but I'll wait for a closing value before I put the bull suit on.
Working nicely now and I'm looking to take profits at the most logical place - daily channel and S2. Entry was average of $0.825 per put. Price now $1.50 per put. Nice 81% profit. Probably get to 100% should S2 be hit today.
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