Hot Pick Of The Day

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  • ninner
    Senior Member
    • Dec 2004
    • 524

    another short

    GYI....getty images pnf chart has a target of something like 19.

    Comment

    • New-born baby
      Senior Member
      • Apr 2004
      • 6095

      Burnt Toast Ultra

      Originally posted by ninner View Post
      GYI....getty images pnf chart has a target of something like 19.

      Ninner:
      Ugly chart makes a beautiful short. And GYI is ripe for a fall today. I am taking this one. And remember: when that huge support stick busts, that becomes resistance, and offers a lot of protection against a reversal. If you sell the OCT $45 calls for $3.50, you can buy an OCT $45 put for $2.60, and in that way let GYI give you the money to short itself.

      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • New-born baby
        Senior Member
        • Apr 2004
        • 6095

        Amln

        AMLN didn't like the IMCL news, or some thing, and is down in the premarket over $1. Looking for AMLN to fall into the $35 range or lower.

        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

        Comment

        • peanuts
          Senior Member
          • Feb 2006
          • 3365

          LVS trading below 150 MA

          LVS is getting a little beating today. It opened today below the 150 MA and has been looking weak for the last month or so. Technically, it is setting up for a nice short position if it breaks below $57.50... IF

          $58 area has been a nice level of support
          Hide not your talents.
          They for use were made.
          What's a sundial in the shade?

          - Benjamin Franklin

          Comment

          • ninner
            Senior Member
            • Dec 2004
            • 524

            Gyi

            Anyone Short This Hog Today????

            Comment

            • New-born baby
              Senior Member
              • Apr 2004
              • 6095

              Originally posted by ninner View Post
              Anyone Short This Hog Today????
              Not yet, but I think it is the right time I am going to wait until she busts support at $44.00
              Last edited by New-born baby; 08-10-2006, 12:52 PM.
              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

              Comment

              • mrmarket
                Administrator
                • Sep 2003
                • 5971

                How about HIET.OB....or else no one gets to bring water on the plane with them anymore..
                =============================

                I am HUGE! Bring me your finest meats and cheeses.

                - $$$MR. MARKET$$$

                Comment

                • New-born baby
                  Senior Member
                  • Apr 2004
                  • 6095

                  Originally posted by mrmarket View Post
                  How about HIET.OB....or else no one gets to bring water on the plane with them anymore..
                  Penny stock, Mr. Market. If you get 10%, you'd best take it. The chart shows that it was a $3.50, now $0.32. And the action today, on huge volume for this stock, has produced little real price movement due to all the overhead resistance. What you should notice is that $0.25 is a double bottom from a couple of years ago. The PnF still doesn't like this one, but the PnF is slow to change its mind about a stock.

                  In summary: you took a risk on a cheap stock, and it may pay off. The chart is still bearish, but $0.25 may have been the bottom. You are pretty good at picking weak sisters who grow up into Big Bertha's. I hope this one pans out for you.

                  Last edited by New-born baby; 08-10-2006, 01:52 PM.
                  pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                  Comment

                  • peanuts
                    Senior Member
                    • Feb 2006
                    • 3365

                    Originally posted by mrmarket View Post
                    How about HIET.OB....or else no one gets to bring water on the plane with them anymore..
                    I'm rooting for you from the sidelines

                    Let's hope its another 7 bagger for you.
                    Hide not your talents.
                    They for use were made.
                    What's a sundial in the shade?

                    - Benjamin Franklin

                    Comment

                    • ninner
                      Senior Member
                      • Dec 2004
                      • 524

                      shorted this morning

                      Originally posted by New-born baby View Post
                      Not yet, but I think it is the right time I am going to wait until she busts support at $44.00


                      i went ahead and shorted this morning....the little bugger stayed above the opening price and formed a weak bullish engulfing signal but i bet it opens lower tomorrow.

                      Comment

                      • New-born baby
                        Senior Member
                        • Apr 2004
                        • 6095

                        Originally posted by ninner View Post
                        i went ahead and shorted this morning....the little bugger stayed above the opening price and formed a weak bullish engulfing signal but i bet it opens lower tomorrow.
                        You probably did exactly the right thing because we ought to short into strength.
                        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                        Comment

                        • ninner
                          Senior Member
                          • Dec 2004
                          • 524

                          uhal

                          uhal really dived this morning ...down like 9%....another one to look for is CEPH...it was down hard..pnf charts..have a target of 42.

                          Comment

                          • ninner
                            Senior Member
                            • Dec 2004
                            • 524

                            Hsp

                            another one to short....the 50 day is just about to cross the 200....looks good...

                            Comment

                            • mrmarket
                              Administrator
                              • Sep 2003
                              • 5971

                              Hiet.ob

                              in at $0.315...now it's $0.39... does a 20% gain in one day qualify as a hot pick?

                              I am HUGE!
                              =============================

                              I am HUGE! Bring me your finest meats and cheeses.

                              - $$$MR. MARKET$$$

                              Comment

                              • peanuts
                                Senior Member
                                • Feb 2006
                                • 3365

                                Originally posted by mrmarket View Post
                                in at $0.315...now it's $0.39... does a 20% gain in one day qualify as a hot pick?

                                I am HUGE!
                                WTG!




                                as a side note, 600% in one day is even more huge- check out PRLO
                                Last edited by peanuts; 08-11-2006, 11:41 AM. Reason: PRLO comment
                                Hide not your talents.
                                They for use were made.
                                What's a sundial in the shade?

                                - Benjamin Franklin

                                Comment

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