IAAC .... long
Portfolio of the Week
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My Pick for the Final Week
Well, they say it's good to get right back on the one that threw you, so unless I find something that I'd rather play, I'm going to go long IMCL. This baby is way oversold, and I believe it has a good chance of bouncing off that double bottom it's hitting right now.—Rob
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I like your play Blaze but you might want to consider CA$H first and wait until at least 10 am to see which way the wind is going to blow with this stock Tuesday morning. I'm still holding it short from Friday at 7.30 level. But I do still like it short.Originally posted by jblaze71 View PostRob,
MAMA short, please
JblazeTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Ski,
I agree with your assessment. I might end up hurting Tuesday morning. My thought is that the stock is now at it's upward trending support line. It could catch support there and I will get crushed, but I believe the after hours trading has pierced the support line. Kinda reminds me of SYX from a few months back.
Still trying to get a trading system down and trying to figure out the nuances of TA. Unfortunately this doctoring stuff gets in the way.
Appreciate the input.
Jblaze
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Please start me in Ca$h...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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