Hot Pick Of The Day

[New-born baby]

NGPS: Caution to all Longs

NGPS:
Lookout below. This two-faced stock is about to rollover and fall. It falls more than a 2yr old toddler.


Caution longs.

[New-born baby]

Ninner: think

SNDA...LOOKS like it has broken 40 and appears to staying above it...actually almost at 41....lets hope it can hold steady at these altitudes!!!

Ninner:
Think about how SNDA acts. Remember my chart that pointed out all the candlesticks? Think now: if SNDA goes up $1.25, what do you think is going to happen? Do you think it may make a candlestick on the daily again?

Somebody is selling shares by the boat load.

[New-born baby]

SCHN--from page 60

Here's the SCHN chart from page 60 of this thread.
I am watching the action today. SCHN down due to a lower than expected profit from one of her sister stocks. SCHN reports in July. Watch her closely.



After close, I'll post today's action on SCHN. She's sitting right at $22 at 2:20 EST. It'll be interesting to see if she will fall any further.

[ninner]

i tend to agree with you that someone is trying to bring it down...however, hopefully someone with more buying power steps up and we can break through reeistance... i see it has fallen back down to 40 but looks like the general market has fallen as well!!!....take a look at opwv....looks like a macd crossover

cheers

Ninner:
Think about how SNDA acts. Remember my chart that pointed out all the candlesticks? Think now: if SNDA goes up $1.25, what do you think is going to happen? Do you think it may make a candlestick on the daily again?

Somebody is selling shares by the boat load.

[New-born baby]

Suggestion

i tend to agree with you that someone is trying to bring it down...however, hopefully someone with more buying power steps up and we can break through reeistance... i see it has fallen back down to 40 but looks like the general market has fallen as well!!!....take a look at opwv....looks like a macd crossover

cheers

Ninner,
I am suggesting that you look at SNDA like the seller does. He waits for a pop, and then he sells his boatload of shares--right down to $40. He wants AT LEAST $40 per share, so he quits at $40. Now, why not consider this: if you can't beat him, why not join him? That is, when the selling starts, jump ship and re-buy at the $40 mark? HHmmmmmmmmmmm?

[ninner]

hmmmm interesting strategy!!!....definately something to think about!!!

[ninner]

picked up some atls ...today at 36.05......

[New-born baby]

Ngps

The latest:

[New-born baby]

Atls

picked up some atls ...today at 36.05......

My view:

[New-born baby]

Schn

SCHN is setting up like I thought. Now the question: will the overall market conditions drag her down even lower?


Here's a nice short candidate: GM

[New-born baby]

Snda

hmmmm interesting strategy!!!....definately something to think about!!!

The chart:


Just honor your stops, will ya?

[B.J]

Newborn, question:

Must a doji star gap above the white body, or completly above body and upper shadow? Probably a minor point.

[ninner]

couldnt u classify atls as a double bottom pattern????

[New-born baby]

Not in my book

couldnt u classify atls as a double bottom pattern????

Ninner,
The double bottom needs to be more or less the same lower price. ATLS doesn't--in my opinion--fit the bill.

I know nothing about the company--not even what they do/produce--
I just know that the red line is support, and the price is sitting on it today.

Perhaps the market will be stable tomorrow. But the last two weeks, volume has dried up, signalling that the market has run out of buyers. It is too high, and it has to fall. No two ways about it.

[ninner]

well i will keep an eye on it.....i have a mental stop loss so if it falls below that i will definately selll and try another stock....my theory is you cant win if you arent in.

cheers buddy