As Web's World Turns

[Websman]

Yeah, but other than that he's a wonderful human being.

billyjoe

Hahah! Yea, He's a great guy!

[Websman]

Update on my present positions... 9/16/05

1. ELN - Bought at $6.88. Closing price today was $8.27

2. PDC - Bought at $14.25. Closing price today was $17.58

3. AOB - Bought at $4.15. Closing price today was $4.98

The street is still kicking ELN in the shorts, but next week should be better.

I wish I would have bought more shares of PDC. I did set a limit for more, but it wouldn't drop to meet my price.

AOB looks like it's ready to fly again. Monday should be interesting.

Man...I wish I would have VPHM longer. I learned a lesson with this one. I did make money, but I could have made a lot more.

I'll be looking to re-enter EZEN next week.

I still like RSSYF, but would like to see a pullback.

Looks like I missed CNXS, but it should become a Mr Market winner, by the end of next week.

[billyjoe]

Webs,
Man you are everywhere. Three separate threads I went to on that other site had just been posted by you and I wasn't going to those to find Mr.Market folks.
They just don't get it. Maybe it's time to walk away. Reminds me when I tried to teach crazy 8's to another kid many years ago. After a couple hours it became apparent he was never going to 'get it'. Keep up the good work.


billyjoe

[Websman]

They don't understand Vulcan logic, Billyjoe. I suppose they never will, but I do feel good about the fact that I have brought a few good traders over here who do understand.

[IIC]

Webs,
Man you are everywhere. Three separate threads I went to on that other site had just been posted by you and I wasn't going to those to find Mr.Market folks.
They just don't get it. Maybe it's time to walk away. Reminds me when I tried to teach crazy 8's to another kid many years ago. After a couple hours it became apparent he was never going to 'get it'. Keep up the good work.


billyjoe

What site?

[B.J]

What site?

IBD is my guess.

[Websman]

IBD is my guess.

But, of course! lol

I don't post anywhere else...

[spikefader]

(VPHM) It's your money but I have to disagree bigtime, with that move (Webs taking profits at $9.91). This stock has all the ingredients for a big move up to the 14/15 range or higher.

Ski, you were spot on dude. And Webs, you said you learned a lesson with this one? What is that lesson? I'm guessing that it's something like 'let winners run', or 'target better' or 'when I feel a stock is overextended, that's just a feeling and they can get MORE overextended when given the chance'.

But whatever your reply is to that question, get specific, get technical, give us where you'd be targeting if you were still long from where you were and why.

And how are you going to know next time when a beautiful +50% trade that you close out (congrats again) is going to turn into the spectacular trade (so far +180% and climbing) VPHM would have been had you held it?

And I'm only trying to nail you down on this one to get you thinking out of the box and to help you and any readers dude, not to give ya a hard time Like I said, 50% was great.............but 350% would have been spectacular (assuming this one gets to 30.00 which is a distinct possibility considering it's taking off from another C)

Best to ya dude!

[dmk112]

Ski, you were spot on dude. And Webs, you said you learned a lesson with this one? What is that lesson? I'm guessing that it's something like 'let winners run', or 'target better' or 'when I feel a stock is overextended, that's just a feeling and they can get MORE overextended when given the chance'.

But whatever your reply is to that question, get specific, get technical, give us where you'd be targeting if you were still long from where you were and why.

And how are you going to know next time when a beautiful +50% trade that you close out (congrats again) is going to turn into the spectacular trade (so far +180% and climbing) VPHM would have been had you held it?

And I'm only trying to nail you down on this one to get you thinking out of the box and to help you and any readers dude, not to give ya a hard time Like I said, 50% was great.............but 350% would have been spectacular (assuming this one gets to 30.00 which is a distinct possibility considering it's taking off from another C)

Best to ya dude!

Spike, I have a similar problem - I know when to buy but not when to sell and sometimes I let the 10% getaway even though 10% is not that much. For example when the S&P was approaching the resistance, I should have taken profits but didn't and my porftolio retraced about 5%! Do you think its a good idea to take partial profits at the resistance? But what if there's no resistance, e.g. VPHM! It can go on forever, but where do you know when to get out??

[dmk112]

Webs, you missed the channel long on RSSYF on Thursday!

[New-born baby]

Vphm

Spike,
Shall we go long on VPHM right here?

[Websman]

But whatever your reply is to that question, get specific, get technical, give us where you'd be targeting if you were still long from where you were and why.


Best to ya dude!

I'll buy VPHM at $17.15 and will sell at $30.

Don't have time to explain further...I'm headed out to do some yard work.

[Websman]

I'll buy VPHM at $17.50 and will sell at $30.

Don't have time to explain further...I'm headed out to do some yard work.

Ok, back to ya Spike. The reason I have this price in mind for a buy is because that's where the support is. and the sell point? Well...I didn't come up with that. I have limited time, so I subscribe to Poormans service. He came up with it. His service is great for anyone, like me, who has limited time to spend on analysis. There's not many paid sites I could recommend, but I definitely recommend this one. It's only $25 per month. I've made much more than I'll ever pay him.

Here's the address for anyone interested. www.poormans.com

PS. If Mr Market were to charge for this board, it would also be well worth the price.

[Websman]

The market dropped today, but my portfolio held up.

I have a couple of limit orders in tomorrow for ERS, EZEN and VPHM. I placed the limits fairly low. It's a long shot that they'll fill, but we will see.



You guys know that Greenspan is going to raise the rates tomorrow. He can't stand it. I'd love to be a fly on the wall in Greenspan's office. If I was a fly and I could listen in, I think the conversation would go something like this...

(Greenspan talking to his assistant, Bob) "Hey, Bob. What you say we raise interest rates tomorrow?"

(Bob) "I dunno Allen, The market's taking a beating right now, and there is a storm headed for the Gulf. I wouldn't advise it right now. Give the people a break Sir."

(Greenspan) "Yea, I guess you're right Bob. It's only fair to the people that we do the right thing. Afterall, I want the best for America."

(Bob) "So, we don't raise rates tomorrow?"

(Greenspan) "Exactly Bob, let's make an impact on America! Let's change the course of history! F--- the working class, let's jack the rates up!!! Hahaha!!!!"

(Bob) "You're an idiot sir!"

(Greenspan) "Stop it Bob. You're too kind. I'm blushing!"

(Bob) (Jeesh...)

[IIC]

Yesterday I was neutral...But tonight: