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  • Websman
    Senior Member
    • Apr 2004
    • 5545

    Originally posted by dmk112
    FORD may be buyable @ the 200 dma.
    That was a heck of a sell off on FORD. Should bounce, but if it doesn't it could be headed back down below $10. I'd rather wait a day to see what happens.

    Comment

    • dmk112
      Senior Member
      • Nov 2004
      • 1759

      Originally posted by Websman
      That was a heck of a sell off on FORD. Should bounce, but if it doesn't it could be headed back down below $10. I'd rather wait a day to see what happens.

      You snooze you lose :P
      http://twitter.com/DMK112

      Comment

      • Websman
        Senior Member
        • Apr 2004
        • 5545

        Originally posted by dmk112
        You snooze you lose :P
        Yup... lol

        I hope you bought it.

        Comment

        • Websman
          Senior Member
          • Apr 2004
          • 5545

          Originally posted by Runner
          Good job Webs by dropping PDC. I covered on it today. I did not want to say I was short it while others on this board were long. Not a bad 2 day profit.
          Congratulations! I wouldn't have minded you telling me that you were short. Now it's looking like it might be time to go long on PDC again.

          I sold GW, but am back in already.

          Comment

          • Websman
            Senior Member
            • Apr 2004
            • 5545

            Well, we got that expected bounce today, which helped me out a lot.


            ELN was back up by .27 and AOB was up by .35.

            I'm still liking the looks of my gamble play on HISC.PK.

            I sold GW, but re-entered with a few more shares. PDC would probably make a good long again, but I think I'll stick to just one drilling stock.

            I'll be looking at HOM as a possible long for Monday, if futures are positive. ERS might be another play.

            Comment

            • Websman
              Senior Member
              • Apr 2004
              • 5545

              I just got through looking at the chart on HOM and it has formed a perfect ascending triangle. This baby should fly on Monday.

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                Originally posted by Websman
                I just got through looking at the chart on HOM and it has formed a perfect ascending triangle. This baby should fly on Monday.

                I like the stock but think that it is very much and likely due for some consolidation of recent gains. But as we all know they have a mind of their own and live to make idiots out of us mere mortals. Patience will get you a better and cheaper price on it's move upward.

                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment

                • Websman
                  Senior Member
                  • Apr 2004
                  • 5545

                  I like your logic Ski. I'll wait and see if your prediction comes true.

                  Thanks!

                  Comment

                  • skiracer
                    Senior Member
                    • Dec 2004
                    • 6314

                    Originally posted by Websman
                    I like your logic Ski. I'll wait and see if your prediction comes true.

                    Thanks!
                    And ya know Webs that is all that it is. Nothing is written in stone or for sure but just another persons take on it. Good luck with it.
                    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                    Comment

                    • Websman
                      Senior Member
                      • Apr 2004
                      • 5545

                      Originally posted by skiracer
                      And ya know Webs that is all that it is. Nothing is written in stone or for sure but just another persons take on it. Good luck with it.
                      If it doesn't happen, no problem. There's 8000 other stock to chose from.

                      Comment

                      • dmk112
                        Senior Member
                        • Nov 2004
                        • 1759

                        The failure for traingles is very low IF you wait for the break out. The weekly is oversbought on all stocks in strong up trends, look at VPHM weekly and it has been and still is in overbought territory and if you looked at that you would of missed a homerun stock.
                        http://twitter.com/DMK112

                        Comment


                        • I like the daily chart on HOM. Think it is ready to go off any day. I also like the bullish volume action on it. Notice the lower down volume over the last week. Looks to be coiling up like a spring. The chart also seems nice and tight.

                          Comment


                          • Originally posted by Runner
                            I like the daily chart on HOM. Think it is ready to go off any day. I also like the bullish volume action on it. Notice the lower down volume over the last week. Looks to be coiling up like a spring. The chart also seems nice and tight.


                            Webs thanx for HOM nice D/T here!!

                            Comment

                            • Websman
                              Senior Member
                              • Apr 2004
                              • 5545

                              Originally posted by Runner
                              Webs thanx for HOM nice D/T here!!
                              No Problem Runner.

                              I would have joined you, if I could have been home to watch the action. The market was looking weak this morning and I didn't want to take the chance of it going the wrong way. There will be more opportunities to come.

                              The rest of my stocks did quite well though.

                              Comment

                              • Websman
                                Senior Member
                                • Apr 2004
                                • 5545

                                My 4500 shares HISC.PK are holding up well so far. Will my little $315 investment produce a nice return? So far I've up about $50.

                                Penny stocks can be a lot of fun, as long as you don't invest any "real" money in them.

                                Comment

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