Runner's Rascals

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  • Originally posted by New-born baby
    T?!

    T?!!!!

    Runner, old buddy, old pal,

    What do you see in T? (That I don't see?).

    Newborn, this is what I see in T. This does not imply that it is moving up, but a possible move may be in the not to distant future!

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    • Originally posted by skiracer
      Are you implying weakness because of a few sells by insiders who got the shares on the cheapo an are taking profits. I'm not buying into that one at all. That stuff happens all the time with these insider guys. Probably 80% or more insiders of all the stocks out there are taking profits when their companies stocks go up. If you check out the insider transactions on most stocks the largest % of them are sells. Then they issue themselves more to do it over again. I'd be doing the same thing if I had the license to steal like these guys. But Thompsons Financial is a good site an I use it frequently for info. Anyway I'm still solidly entrenched in my latest position in it an am expecting great results. Up over 2 points on the 3 positions I've taken in it over the past 5 weeks or so. If you have a minute check out the weekly chart or the point and figure chart for it on Stockcharts.
      Ski, I’m not implying insiders are dumping, just wanted to attach the link to the site. In fact I attached the wrong link. It was suppose to be the link that shows the companies report, sorry for the confusion.

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      • Had a power outage Friday and should have market data back up tomorrow; these thunderstorms out here are a trip. the sun shinning one minute and 60 MPH winds and hail the next.

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        • New-born baby
          Senior Member
          • Apr 2004
          • 6095

          Right!

          Originally posted by Runner
          Newborn, this is what I see in T. This does not imply that it is moving up, but a possible move may be in the not to distant future!
          Nice chart, Runner.
          Dow Theory says we have a possible $2.40 move coming--up or down with T. My gut says up, because it might be a takeover candidate. However, the last move was down, so it could go either way.

          The longer the wedge forms, the less power and lower the likelihood that it will realize the target. The length should only be one half-to-two/thirds the height, and it appears that this wedge is getting rather lengthy. In any case, it has to break one way or another tomorrow.

          What does your instinct say?

          NICE CHART--and thanks!
          pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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          • Newborn, not the answer you want to hear, but I’m neutral on it and will be in wait and see mode.

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            • CEDC is another that may make a move in the near future.

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              • COH could be one to keep an eye on if it clears 29.98

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                • New-born baby
                  Senior Member
                  • Apr 2004
                  • 6095

                  Nice Plan

                  runner,

                  I like your charts. Thank you for posting them.
                  pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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                  • HOLX

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                    • spikefader
                      Senior Member
                      • Apr 2004
                      • 7175

                      Yep, nice T chart Runner.
                      I'm seeing a bullish bias for it. But a break down should be treated with respect, especially considering the volume by price in your chart and mine.

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                      • ELN bounces off retest @ 6.80!!

                        Last edited by Guest; 05-26-2005, 02:21 PM.

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                            • Originally posted by Runner
                              CEDC is another that may make a move in the near future.
                              Nice move on this one today

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                              • Re: CEDC, a clear reminder as to why to use stops.

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