Portfolio of the Week

[spikefader]

Yeah, GM WAS a good short billyjoe! I had GMW earlier (I really did spot this one over the weekend and not piggybacking ) and that moved 7.5% south after I bailed on the short. But I can't complain!

[Lyehopper]

Ref: DPH setup.

Sure.
For the 2nd entry I was watching the triangle descend and the formation was too tempting to pass up. Plus the action I saw in L2 and time & sales looked promising; lots of selling. After hours it's been down to 0.33 and up to 0.40, so it's showing some nutso action, but I am expecting a gap down for it because the gap down projection I have for it is 0.13!
second setup:


And for the first setup, that gap projection (2xgap space) was the reason I was bearish on it in the first place - it was below all long-term support and just in aweful trouble technically. Then the 1st descending triangle presented itself so I took it at the resistance line. Only suffered a penny red and it moved for me; got lucky is all.

first setup:

Spike, Looking ot that desending intraday triandle on DPH.... ENER was showing the same pattern around 10:30AM this morning right?

[spikefader]

Monday end of day dudes.
(EDIT: add +2.71% to Lye's total).

[billyjoe]

Spike and Lye,
I shorted GM because of DPH , but never gave a thought to DPH. What was I thinking? Or not thinking. Used to work for GM/DPH , maybe I have underlying sympathy for DPH. I need a shrink!

billyjoe

[spikefader]

Spike, Looking ot that desending intraday triandle on DPH.... ENER was showing the same pattern around 10:30AM this morning right?

Yep.

[spikefader]

Lye, sorry dude, forgot to total you up. I just edited that post to add 2.71% to your total. And that current quote is after hours spike up, so I don't know if you're facing a gap up tomorrow or not.......

[Lyehopper]

Woah! is right....

Lye, sorry dude, forgot to total you up. I just edited that post to add 2.71% to your total. And that current quote is after hours spike up, so I don't know if you're facing a gap up tomorrow or not.......

So that's why Mama always told me not to hang out with daytraders huh?

[sowersnc]

FDG was not suppose to gap up big in the morning. That totally screwed up my plan. I am now hoping to finish in the green this week.

[IIC]

But why did you say watchout for KG??

It seems to have a lot of pump power w/ those who have some influence. If they beat and raise guidance...it could move quite a bit...If they don't...well, that's it for a year or so.

[Lyehopper]

Trading....

SPIR (cover) market 9.58

[Lyehopper]

PSAI (buy) market 17.20

[spikefader]

Limit to cover DPH at 0.33.

[spikefader]

Limit to cover DPH at 0.33.

DPH suspended. As per the rules I'm filled at the last trade price of 0.36. I'll pick another in a minute.

[spikefader]

limit to short MOVI at 8.53

[spikefader]

Tues intraday: