Skiracer's stock slopes

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  • skiracer
    Senior Member
    • Dec 2004
    • 6314

    Two trades I made today and two very similar charts and plans. Somewhat of a coincidence. Different prices but same double bottom patterns forming the right side of their cups and about the same risk ratios to the upside.



    Last edited by Karel; 11-09-2006, 03:08 AM.
    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

    Comment

    • Gwhiz
      Senior Member
      • May 2006
      • 225

      Skiracer,

      Would you care to opine on PACT?

      Where do you think it goes from here?

      Seems to me that it either levels off and stays in a tight trading range for several weeks,
      or it takes a fall.

      Your thoughts?

      Comment

      • skiracer
        Senior Member
        • Dec 2004
        • 6314

        Originally posted by Gwhiz View Post
        Skiracer,

        Would you care to opine on PACT?

        Where do you think it goes from here?

        Seems to me that it either levels off and stays in a tight trading range for several weeks,
        or it takes a fall.

        Your thoughts?
        I took a look at the daily and the weekly and I don't see anything that would make me want to trade it right now. Are you contemplating a trade? My opinion is just that. My opinion. I wouldn't let my opinion make the decision for you but if you are interested in making a play of it then I would be interested in what you see there that prompts that on your part. Good luck if you do. I don't see it and if the markets decide to correct at this point I see alot more downside potential. The descending triangles are a bearish pattern but not necessarily written in stone but do have a higher percentage of breaking to the downside.



        Last edited by Karel; 11-09-2006, 03:08 AM.
        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

        Comment

        • Louetta
          Senior Member
          • Oct 2003
          • 2331

          Originally posted by Gwhiz View Post
          Skiracer,

          Would you care to opine on PACT?

          Where do you think it goes from here?

          Seems to me that it either levels off and stays in a tight trading range for several weeks,
          or it takes a fall.

          Your thoughts?
          Opine. Good word.

          Comment

          • Gwhiz
            Senior Member
            • May 2006
            • 225

            thank you Louetta

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              Originally posted by louetta12001 View Post
              Opine. Good word.
              One of several that you have unleased on the forum. This one seems to have caught on as I have seen several of the members use it since you first did. Would you care to opine on that? It does roll off the tongue nicely.
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • Louetta
                Senior Member
                • Oct 2003
                • 2331

                Originally posted by skiracer View Post
                One of several that you have unleased on the forum. This one seems to have caught on as I have seen several of the members use it since you first did. Would you care to opine on that? It does roll off the tongue nicely.
                Methinks is another very nice word. If you choose to opine on whatever he wants you to opine on you could begin by saying "Methinks..."

                Comment

                • skiracer
                  Senior Member
                  • Dec 2004
                  • 6314

                  Originally posted by louetta12001 View Post
                  Methinks is another very nice word. If you choose to opine on whatever he wants you to opine on you could begin by saying "Methinks..."
                  it would be
                  THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                  Comment

                  • billyjoe
                    Senior Member
                    • Nov 2003
                    • 9014

                    Ski,
                    Here's our coon cat Kahkira. Name is a combination from a movie and a video game. We've had him 5 years. Very laid back, but you don't want to make him mad. He could rip your face off if he wanted.



                    ----------billyjoe

                    Comment

                    • skiracer
                      Senior Member
                      • Dec 2004
                      • 6314

                      Originally posted by billyjoe View Post
                      Ski,
                      Here's our coon cat Kahkira. Name is a combination from a movie and a video game. We've had him 5 years. Very laid back, but you don't want to make him mad. He could rip your face off if he wanted.



                      ----------billyjoe

                      Billyjoe,
                      He's a beauty. Looks just like our cat Nissa. She had the 6th toe on the front like two thumbs. He doesn't really like to be picked up does he?
                      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                      Comment

                      • billyjoe
                        Senior Member
                        • Nov 2003
                        • 9014

                        Originally posted by skiracer View Post
                        Billyjoe,
                        He's a beauty. Looks just like our cat Nissa. She had the 6th toe on the front like two thumbs. He doesn't really like to be picked up does he?
                        Ski,
                        Nope, and doesn't like to be petted much , but sleeps at the foot of our bed every night. The dog always stays out of his reach.

                        ------------billyjoe

                        Comment

                        • skiracer
                          Senior Member
                          • Dec 2004
                          • 6314

                          Originally posted by billyjoe View Post
                          Ski,
                          Nope, and doesn't like to be petted much , but sleeps at the foot of our bed every night. The dog always stays out of his reach.

                          ------------billyjoe
                          Ours was a female and she would let you pet her and then walk away when she had enough. You couldn't pick her up. She didn't like it and would scratch you. Even my wife Lisa would get a scratch occassionally. She also would sleep in the bed with us. Sometimes I would wake up and she would be between Lisa and I.l
                          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                          Comment

                          • Gwhiz
                            Senior Member
                            • May 2006
                            • 225

                            I like PACT from here, looks poised to go up, not necessarily quickly, but substantially.

                            Comment

                            • Gwhiz
                              Senior Member
                              • May 2006
                              • 225

                              Also, whats your opinion on GROW?

                              Comment

                              • skiracer
                                Senior Member
                                • Dec 2004
                                • 6314

                                Originally posted by Gwhiz View Post
                                I like PACT from here, looks poised to go up, not necessarily quickly, but substantially.
                                Whiz,
                                You'll have to do better than that bud. Something to substantiate your feelings. Anything TA or FA but something. I can't see it to the long side here at all but ya never know. You didn't but it yet did you?
                                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

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