Portfolio of the Week

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  • Lyehopper
    Senior Member
    • Jan 2004
    • 3678

    Originally posted by Lyehopper
    Buy PARL market
    sell PARL market

    short IDWS market.... cover limit .27 ....hehehe
    BEEF!... it's whats for dinner!

    Comment

    • spikefader
      Senior Member
      • Apr 2004
      • 7175

      A tight stop was the missing ingredient in this plan.

      The stop should have been above the orange descending line. Yep.... :-/



      Comment

      • Lyehopper
        Senior Member
        • Jan 2004
        • 3678

        tweezer smeezer!

        Originally posted by Lyehopper
        sell PARL market

        short IDWS market.... cover limit .27 ....hehehe
        Spike please tell me I don't see a bullish tweezer bottom on IDWS right here.

        Forgot to take into consideration the news story today. My descending triangle might get trumped by a tweezer!....lol
        BEEF!... it's whats for dinner!

        Comment

        • spikefader
          Senior Member
          • Apr 2004
          • 7175

          Originally posted by Lyehopper
          sell PARL market

          short IDWS market.... cover limit .27 ....hehehe
          lol careful there Evil Knievel! lol

          Comment

          • spikefader
            Senior Member
            • Apr 2004
            • 7175

            Originally posted by Lyehopper
            Spike please tell me I don't see a bullish tweezer bottom on IDWS right here.

            Forgot to take into consideration the news story today. My descending triangle might get trumped by a tweezer!....lol
            ya, tweezer at the pivot, not a good thing to be shorting, lol. But hey, there IS a SHS there, with neckline break. The best play now is a short at a return up to the neckline at .54 with a stop at .58. But that's 7.4% risk. Your fill was at .51 by the way.

            Comment

            • spikefader
              Senior Member
              • Apr 2004
              • 7175

              IDWS best play now


              Comment

              • Lyehopper
                Senior Member
                • Jan 2004
                • 3678

                This is crazy!

                Originally posted by spikefader
                lol careful there Evil Knievel! lol
                NNNNNooooooooo! the other way!!!! And people really trade this stock! sheesh....10% per tick.... Talk about Vegas!
                BEEF!... it's whats for dinner!

                Comment

                • Lyehopper
                  Senior Member
                  • Jan 2004
                  • 3678

                  Spike?

                  How do you read PARL's intraday?.... Is that an Asscending or Descending triangle there dude? or is that a bull flag?
                  BEEF!... it's whats for dinner!

                  Comment

                  • spikefader
                    Senior Member
                    • Apr 2004
                    • 7175

                    lol Lye. With IDWS, you've really got to time shorting such strength really well; preferably into some strength at resistance. Keep r/r really low, and if your entry isn't perfect...I mean perfect, get out at the first opportunity. IDWS is booming on the daily and it could easily pop gap up and run another day or two. It might rally hard last few minutes, vol is coming in now. No way I'd be short if it gets to .59.

                    With PARL, not really a classic bull flag, and neither ascend or descending triangles. Going to the daily and weekly I'm not really impressed with it. There are better ones out there.

                    Comment

                    • Lyehopper
                      Senior Member
                      • Jan 2004
                      • 3678

                      Originally posted by spikefader
                      lol Lye. With IDWS, you've really got to time shorting such strength really well; preferably into some strength at resistance. Keep r/r really low, and if your entry isn't perfect...I mean perfect, get out at the first opportunity. IDWS is booming on the daily and it could easily pop gap up and run another day or two. It might rally hard last few minutes, vol is coming in now. No way I'd be short if it gets to .59.

                      With PARL, not really a classic bull flag, and neither ascend or descending triangles. Going to the daily and weekly I'm not really impressed with it. There are better ones out there.
                      I hear ya.... I'm agree just trying to spot a trend. Here's what I saw.

                      BEEF!... it's whats for dinner!

                      Comment

                      • jiesen
                        Senior Member
                        • Sep 2003
                        • 5322



                        Here's Lye waiting for .59 to hit...

                        Comment

                        • spikefader
                          Senior Member
                          • Apr 2004
                          • 7175

                          Originally posted by jiesen


                          Here's Lye waiting for .59 to hit...
                          LMBO. Classic.

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Praying for a winner. Btw, you guys burned up alot of commission charges over the last couple of days. Am I still in 2nd place?
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • jiesen
                              Senior Member
                              • Sep 2003
                              • 5322

                              not unless SNAK is up 30% or so in AH. You must have missed the part where I picked a 52% winner yesterday and closed it out today...

                              Comment

                              • skiracer
                                Senior Member
                                • Dec 2004
                                • 6314

                                Jiesen,
                                Nice play and smart in getting out with the gain. I missed that as I didn't read back that far. Did you own it also? I had a real good day myself in real life.
                                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                                Comment

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