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Originally posted by Peter Hansen
don't answer that Pete!
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Did you just call me a water buffalo?.... or did you call NBB a flutist?jejeje
don't answer that Pete!BEEF!... it's whats for dinner! -
Qqqq
QQQQ showing topping tails on the weekly. I have this one set to hit $40.50 sometime in June . . . .Comment
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Gold
NOshadylady if you're hanging around . . . .
Look at theeeeeeeees chart, senora:
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Newborn,
Does it really matter if the cupw/handle is 6months, 1,3,5,or 10 years?
billyjoeComment
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All about time
It only matters concerning time frame. A one day cup with handle will hit the target much faster than a ten year cup . . . those 100 year cup with handles take so long to develop that a person might not live long enough to collect . . . .Originally posted by billyjoeComment
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Siri
SIRI has some of the most loyal followers (excepting ELN) in the entire market. Yet SIRI has found a boatload of trouble this year. Yet SIRI is currently headed to a triple bottom at $4.36, and if someone would like to enter a long on SIRI, that is the best place to enter. Chart shows the approaching collision with support. I think she bounces here nicely; but if she doesn't that will be the signal to short the dog down into oblivion. I should warn you that the PnF says she's worth all of $1, so if support fails flip and go short.
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I wouldn't dare short SIRI, but the $4.36 buy point sounds logical. The problem I have with SIRI, however, is the limited upside potential because of the enormous float. It's probably still good for a double though.Comment
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Siri: could be tomorrow
Once SIRI was a $69 stock. Then it became a 39 cent stock. Now the Point and Figure says $1 is in the cards for it. That may be too pessimistic. But support is support until it ain't, and we've got very solid support at $4.36, and I am thinking SIRI finds itself on the floor here pretty quick. SIRI has an option chain, too!Originally posted by WebsmanLast edited by New-born baby; 05-01-2006, 09:28 PM.Comment
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Although I am a very green novice, SIRI looks good at this price, and they said early this morning that this past quarter, subscribers were up over 100% and new distribution set ups with several new car makers, along with an iPod type (or Walkman) unit coming out very soon.Originally posted by New-born babyComment
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Stock Boy Stay Away From SIRI
Stock boy waiting for SIRI to go up is like watching paint dry. This stock has too much of a float....and spends too much time going nowhere!Originally posted by The Stock BoyComment
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NB EVST has a nice chart!
NB My Stock Signal Pro program says I should enter EVST at 18.05 (It closed at 17.89) and set stop at 17.30....Do you have an opinion on this one ? Thanx!Comment
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HOLY BURRITOS, SENOR!!! Now THAT'S a pretty picture! Gracias! (i'm so into gold right now. I favor BGO. It's an old fav of mine from the .90 cents days. )Originally posted by New-born babyNOshadylady if you're hanging around . . . .
Look at theeeeeeeees chart, senora:
"Whatever you can do or dream you can , begin it. Boldness has genius,power and magic in it." GoetheComment
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Evst
EVST: no option chainOriginally posted by Peter Hansen
Chart formation such that there is no way I'd trade this one without the stops. "Honor thy stops." Low pole reversal signals that EVST may very well be on the move. It has already moved from $3 to $17.89 in six months--an astounding 600% move! This is called "momo." 
But a closer look at the chart shows that EVST lost some momo back in March when the stock hit $21+ and has since pulled back--in fact, rolled over--to current levels. The Point and Figure says $11 may become back in style, but also says that target may be too pessimistic.
An even closer look at the recent price action shows that Monday EVST fell from $18. to $15.50 before recovering and landing back at $17.51. It has good support here at $17.50 if that support isn't challenge too many times more. It bothers me some that it bent down to $15.50 before bouncing back. The candlestick signals reversal; yesterday's price action confirms it. Technically the advice you received is sound except you mention no price target. Looking at the chart, I see a first target of a mere $18.50, a second target of $19.50, and a third target of $20.50. If your stop is $17.30, then the risk/reward is a poor .56/1 for the 1st target; 1.77/1.00 for 2nd; and 3/1 for the third target.
Me, I don't trade this one as I don't like the r/r, lack of an option chain, and the chart has definitely lost the momo. Having said that, it is technically sound advice to buy a stock after the current candlestick formation. I just don't see enough upside to bother. Sorry
Last edited by New-born baby; 05-02-2006, 09:23 AM.Comment
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NB Thank You So Much For EVST Chart.
NB Think you are right on this one .....EVST has been around for many years ......but my friend who is a white collar boxer.....said the equipment is not as well made as some other brands.....You Analysis was excellent...after studying your charts......I will NOT buy everlast !Comment
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New-born,
Forgot to tell you how much I enjoy your new avatar. Reminds me of my kids at that age. With no previous experience I proved to be quite successful at being a father. Wouldn't mind having a young one around here again.
We haven't talked about FDG in a while. I've held on to 1/2 of my position. Without the big divy it would be gone ,but with it, it's a whole different story. What do you see in the long term for FDG? Thanks
billyjoeComment
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