As Web's World Turns

[Websman]

So...are you going to put the Bull suit back on Spike?

Never mind...I got my answer. Bring on the Bull!

[Websman]

WDC is up big time, premarket.

[Websman]

I have to take a trip to the beach today so I went ahead and locked in my modest DHB gains. Bought at $8.91 and sold at $9.02 1/2.
It's a small profit, but it's better than no profit.

[spikefader]

oh boy.........

[Websman]

oh boy.........

LOL!

The market is too risky to hold any stock a long time. I'm having better luck scalping them.
Two buys and sells in two days = profits!

[Websman]

I need a good canidate to scalp for tomorrow. I'll have to do some research tonight.
Off to the beach...

[dmk112]

I need a good canidate to scalp for tomorrow. I'll have to do some research tonight.
Off to the beach...

Long term or short? BTW u still in DHB?

[Websman]

Long term or short? BTW u still in DHB?

I got out for a small profit. Looks like it was a good move. DHB is falling like a rock. I may get back in if it drops enough.
I would love to find a long term stock, but until the market straightens out I'm going to keep it short term.

[Websman]

So much for the beach...It started raining.

[spikefader]

I got out for a small profit. Looks like it was a good move. DHB is falling like a rock. I may get back in if it drops enough.
I would love to find a long term stock, but until the market straightens out I'm going to keep it short term.

You drama king. It ain't falling like a rock. Have you done any part-time acting Webs? haha

[Websman]

You drama king. It ain't falling like a rock. Have you done any part-time acting Webs? haha

LOL...

Ok...so it's not dropping like a rock, but it did drop.

Now...shall I re-enter?

[Websman]

You drama king. It ain't falling like a rock. Have you done any part-time acting Webs? haha

Spike, that sure looks like a rock dropping to me....

[spikefader]

Spike, that sure looks like a rock dropping to me....

No, it dropped like a rock yesterday; the day before; early march and a week either side of the new year. Today's decline is more a meandering correction of the bullish support that came in yesterday. In fact, I can see 5 waves down now, so this last up is the 'a', should be a 'b' down, then 'c' back up; then there will be a 'c' short failure, and a rocket up! hehe well, that's what I would like

[Websman]

I'll buy back on the "B" down.

[spikefader]

I'll buy back on the "B" down.

OK, B down ended 8.86, then C up ended 8.91. That is the C short entry potential. It's dropped to 8.87 and hanging there. A push up now to over 8.92 should open the door to C failure and hopefully a whole bunch of covering and some healthy bull activity. If the low of day fails, the C short is valid and you don't want to hold your entry. Me, since I'm sitting pretty I don't have to sweat it. I'll just keep my stop tucked under yesterday's low.