Skiracer's stock slopes

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  • skiracer
    Senior Member
    • Dec 2004
    • 6314

    Originally posted by wooish View Post
    I bought some SYNM today, not the best looking chart but I feel I can get 15% profit fairly easy. Any news regarding their new factory could bring this baby over $2.5 fairly quick.
    Wooish,
    I took a look at both the daily and weekly charts and don't like either one of them. the 20 ema just crossed below it's 50 ema on the daily. i checked out insider trading and they have been giving away a lot of stock to insiders in low priced grants. institutional buying has been going the other way with selling off more the mode than accumulation. and relative strenght has fallen from a 79 rating to 17 over the last 12 months. what did you buy in at today. there was some bigtime selling going on in the 5 min chart today. i can only wish you good luck with it but i dont see it.
    I was also thinking about those puts you bought on the Q's a week or two ago. are you still holding them? they must have taken a big hit as the Q's are now up almost two points from when you mentioned them initially.
    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

    Comment

    • wooish
      Senior Member
      • Dec 2008
      • 499

      Ski

      Yes I looked at the SYNM chart and it's bearish but it's not the end of the world. On the daily, the MACD is about to go up to 0 from neg and RSI starts turning up again, full stoch is oversold and starts hooking up. My average is 2.16 and I'm already up. I'm looking at 10-15% short term and bail. I know there's alot of selling but there's also alot of support around this price range. I always buy when the stock is having a red day and sell when it rips. When people sell, I buy. It doesn't go my ways all the time but I've had good result with it.

      I'm still holding my Q puts and plan to hold till expiration if it doesn't turn around. I also have plans to short the dow/sp500 sometimes this week.
      Last edited by wooish; 03-23-2010, 09:15 PM.

      Comment

      • skiracer
        Senior Member
        • Dec 2004
        • 6314

        Originally posted by wooish View Post
        Ski

        Yes I looked at the SYNM chart and it's bearish but it's not the end of the world. On the daily, the MACD is about to go up to 0 from neg and RSI starts turning up again, full stoch is oversold and starts hooking up. My average is 2.15 and I'm already up. I'm looking at 10-15% short term and bail. I know there's alot of selling but there's also alot of support around this price range. I always buy when the stock is having a red day and sell when it rips. When people sell, I buy. It doesn't go my ways all the time but I've had good result with it.

        I'm still holding my Q puts and plan to hold till expiration if it doesn't turn around. I also have plans to short the dow/sp500 sometimes this week.
        Wooish,
        as always the best and good luck.
        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

        Comment

        • wooish
          Senior Member
          • Dec 2008
          • 499

          Wow TM is coming back after the recent selloff. Both daily and weekly looks bullish.

          Comment

          • wooish
            Senior Member
            • Dec 2008
            • 499

            Ski

            Chinese have thousands of years of experience in Feng Shui, not to be superstitious but according to 3 popular HongKong Feng Shui experts and their calculation/prediction base on the Chinese Zodiac this year there are several industries that will do good in the stock market. To name a few, one of them is related to wood and construction and one of them is technology related. Here I present two stocks that I think you will like and they are WOOD and TSEM. Both stocks have explosive charts. Do your own DD.

            Comment

            • wooish
              Senior Member
              • Dec 2008
              • 499

              Ski

              You've been right most of the time. I sold my SYNM with dinner profit. Thanks for your analysis.

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                Originally posted by wooish View Post
                Ski

                You've been right most of the time. I sold my SYNM with dinner profit. Thanks for your analysis.
                i base my feelings on strict technical analysis for specific chart patterns. i have been finding out that as Bulkowski percentages state they do exactly as he says they will do a specific percentage of times. it is also hard to buck the trend wooish. i mean that you can win a low percentage of times going directly against it but you will not last and you end up tying up some portion of your money.
                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment

                • wooish
                  Senior Member
                  • Dec 2008
                  • 499

                  KLIC ready to go higher? chart is bullish!

                  Comment

                  • skiracer
                    Senior Member
                    • Dec 2004
                    • 6314

                    I just read where the govt is going to start selling it's stock in C right after they announce earnings next month. the price will be market value at the time.
                    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                    Comment

                    • riverbabe
                      Senior Member
                      • May 2005
                      • 3373

                      Originally posted by Belaruski View Post
                      I just read where the govt is going to start selling it's stock in C right after they announce earnings next month. the price will be market value at the time.
                      Hah, beat you by 39 minutes. See "C" thread. Although you have a little more info. than I had at the time. But, great minds think alike...

                      Comment

                      • skiracer
                        Senior Member
                        • Dec 2004
                        • 6314

                        Originally posted by riverbabe View Post
                        Hah, beat you by 39 minutes. See "C" thread. Although you have a little more info. than I had at the time. But, great minds think alike...
                        i was almost going to go on your post and state that you "scooped" me on that one but got distracted and forgot. but i see that you had me covered. bored and home alone river?
                        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                        Comment

                        • riverbabe
                          Senior Member
                          • May 2005
                          • 3373

                          Originally posted by Belaruski View Post
                          bored and home alone river?
                          Home alone, but never bored. Went to see the Trans-Siberian Orchestra Sat. night. Turns out they started out in Cleveland 10 years ago, so it was a grand homecoming. They gave us their very first (the grand opening of) Beethoven's Last Night 2010 concert that they are taking on tour now.

                          The twin's 10th birthday gift. They & the 11-year-old were thrilled, were taken on a tour of the set by the band members, got autographed t-shirts. Stayed up really late. A 3-hour show with no intermission. You sees?

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Originally posted by riverbabe View Post
                            Home alone, but never bored. Went to see the Trans-Siberian Orchestra Sat. night. Turns out they started out in Cleveland 10 years ago, so it was a grand homecoming. They gave us their very first (the grand opening of) Beethoven's Last Night 2010 concert that they are taking on tour now.

                            The twin's 10th birthday gift. They & the 11-year-old were thrilled, were taken on a tour of the set by the band members, got autographed t-shirts. Stayed up really late. A 3-hour show with no intermission. You sees?
                            nothing like a 3 hr. show with no intermission.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • riverbabe
                              Senior Member
                              • May 2005
                              • 3373

                              also

                              My son-in-law's 56th two days before. Gave him a risque card showing a beautiful bikini-clad maiden: "In the islands we have a saying...May your palm tree always be straight and strong and May your cocoanuts never fall to the ground." Now what would YOU give to have a mother-in-law like me? hee hee AND a 3-hr. show with no intermission.

                              Comment

                              • Peter Hansen
                                Banned
                                • Jul 2005
                                • 3968

                                River I like it nice card

                                Originally posted by riverbabe View Post
                                My son-in-law's 56th two days before. Gave him a risque card showing a beautiful bikini-clad maiden: "In the islands we have a saying...May your palm tree always be straight and strong and May your cocoanuts never fall to the ground." Now what would YOU give to have a mother-in-law like me? hee hee AND a 3-hr. show with no intermission.
                                River obviously your son-in-law is not a born again christian LOL! My Bro In Law was a former Scientologist ......now that's a scary group!Religions are basically good.....but fanaticism is where they become crazy!

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