Runner's Rascals

[RL]

Runner thanks for the slap on the back. I did not have the b- - - s to pull the trigger hope It was not [greed?] but I remember Sike said resistance Is just that untill It's support looked to me that AMD broke thru at 32.00 to 33.00 chkd. 3omin chart looked like It was setting up resistance chkd. semi-chip chart looks like It's going straight up chkd. BRCM,QCOM,MYRL, all up and looks like vol. will all be up on these stocks decided not to argue with the market. WE SHALL SEE

Hey Ray that is slap up just awesome. Great job!!!!

[RL]

Gotcha been In since 20.50 guess I better go for a while

Runner I have been holding AMD for a big run do you feel I should take some of the profits?

RL, not sure of your strategy. Or where you got in. I got in @ 30.85 for a swing trade. In fact I got in by mistake. I was playing with my order conditions in the pre-m and it triggered. In fact I still don’t know what the heck I did. Bonehead move, but in this case the market forgave me for my stupidity. AMD I traded before Christmas for a nice profit and I saw it set up again. It has the big mo behind it and I’m going to lock in some profits. If it sets up again I may look to re-enter.

I think only you can answer the question as to whether or not you should lock in your profits.

Best trading

[RL]

Runner I have been holding AMD for a big run do you feel I should take some of the profits?

Trailing AMD off Intraday chart for a Exit

Dave, just looking at the charts. Many have left a nice base and may offer a P/B entry.

What brought those sectors to your interest?

I'm looking at these sectors
FINANCIAL SERVICES - Closed End Fund - Foreign
REAL ESTATE -
REAL ESTATE - REIT - Diversified/Industrial
REAL ESTATE - REIT - Hotel/Motel
MANUFACTURING -
MANUFACTURING - Machine Tools & Accessories
MATERIALS & CONSTRUCTION - Heavy Construction
SPECIALTY RETAIL -
SPECIALTY RETAIL - Auto Dealerships
WHOLESALE - Industrial Equipment Wholesale
WHOLESALE - Drugs Wholesale
TRANSPORTATION - Major Airlines
COMPUTER HARDWARE - Computer Based Systems
ELECTRONICS -
ELECTRONICS - Semiconductor - Memory Chips

I'm thinking JBLU might return to around the 12.00 area. Gap down and failure at the test followed by trigger short.

RHAT looking strong off trigger line. Might be accelerating now

Today I bot BG @ 57.90
Stop @ 55.46
Initial Target 60.34 scale out ½ trail rest
1% model

edit: sorry for the repeat

Move stop on AMD @ 32.58

1% model has stop 55.46 with intial target @ 60.34 scale out 1/2 trail rest.

BG=trigger @57.90