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cover 9.25
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short 9.18Comment
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Cover 8.96 thats it for todayComment
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Wow that SIRI thing is crazy. I’d better leave it alone until a pattern forms. One needs to stay by screen on this one. Not too bad got .38 off it. Got scared and covered quickly.Comment
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You have guts, but you're good! Congratulations!Originally posted by Runner
I made a killing long on SIRI today...Comment
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Greetings ,
Since Spike is MIA,and I hope OK,was wondering if you could look at DHB.
Appears to me to be a lower channel touch today at 16.40,I picked up 1k at 17.05 as they were snagged in a hurry down below 17.
Looking for a target of 23 if touch is valid,your thoughts?
cordially Tom
BTW stop at 16.40,lod and previous gap.Comment
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Thomrich, I will only tell you what I would have done. I don’t want anyone to think I would tell him or her what to do. So use what you think my or may not help you. Giving advice is touchy because we all understand that in the market there are no guarantees.
When I was in the Infantry part of my skills was to navigate using a military map and compass. From time to time I would get miss orientated. We had a way to figure how to find where you stand on the ground by using a map, compass, and protractor. The technique in doings this was pretty simple. All one had to do is orientate the map to magnetic North. Then you would try to find 3 terrain features and use the compass to get the magnetic degrees from where you stood to that feature (hill-top, ridge, valley, man made object). To made a long story short, you would then use your protractor to drawl 3 lines and where those 3 lines intercepted at is where you where standing, with in a few hundred meters.
Well you probably say, “What the heck does this have to do with charts?” Well this is my theory and I’m still back testing this. I have never herd of this before and so let me try to explain.
I have reason to believe that when you have at least 2 confirmations of channel signals your probability of a good entry long day has increased. I can use DHB as an example. I think the father back in time the signal the more reliable, but just testing this right?
I put DHB into my screen last night and this is how I see it. I personally would have bought DHB off the bounce today. I see lower channel @ 16.06 I get 2 confirmation signals backing my theory. Maybe this sounds crazy to some, but this has worked for me and maybe my definition is a little out there in the woods. The price by volume is not that great and the market internal are lacking as well. The spike low showed me interest in this stock. I wish I could tell you this thing will hit 23.00, but I can’t. I wish I could tell you DHB will now base out in high 17-18’s, but I cant. I would have felt comfortable taking a small position in DHB today with a stop in place.
I hope this helps
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I don’t like the internals of the market right now. I’ve moved to cash and will proceed with caution. My time frames for holding anything will decrees or I might just wait for better conditions that favor the upside. SIRI took a beating and I missed the nice move yesterday. I would be cautious with new positions.Comment
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Originally posted by Runner
Are you and Spike related?
I will heed your warning...Thanks.
Webs...Comment
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Hey Webs.. I’m not related to Spikefader, in fact I’m learning wonders from his posts. Well I may get the bonehead award of the day. Was looking at my screens and got stupid. I picked up APCS with a market order and got filled at 12.25. I bought into a nice pop and got caught holding the bag. I bet this has never happened to anybody here on this forum. I clicked the mouse thing and about 10 seconds passed before it executed. I’ll see what happens Monday my target is 13.00-13.50.Comment
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Tomrich, looks like a nice little pop in DHB today.Comment
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Originally posted by Runner
I did that with ISIS and lost a quick $600...ouchComment
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Greetings Runner,
I pulled out of DHB at 18.10, 1.05 over buy in, only 2 days in.
It looks like it will run some more,but something inside tells me to move on.CEO sold 3million shares last week,now wants a incentive option for 4 more million.That moneys got to come from somewhere.
Im moving on to SWIR next week if price allows me,and do somemore research on chart skills.Thanks for the input BTW.
cordially TomComment
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Originally posted by Thomrich
The CEO wants what???!!! Another 4 million???!!! What's with this Brooks guy? I may have to pull out also. What happened to that big contract they were suppose to get. I like DHB, but the CEO is a scumbag...in my opinion.Comment
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Tom, awesome trade on DHB. That’s not bad for a few days work. I just ran my scans and SWIR is one that hit my screen. I have not looked into it yet. I have not looked into these yet but this is what pops up.
DPZ,GOAM,HXL,BORL,LYG,MIPS,SBAC, SWIR,SYMC,Comment
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