Skiracer's stock slopes

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  • skiracer
    Senior Member
    • Dec 2004
    • 6314

    Originally posted by wooish View Post
    Ski

    Invisible hand is till holding the market up, DOW can't hold 13000 for two days. You still think the DOW will correct soon? Are you still shorting ROST?
    I am amazed at the indexes and these levels. based on what is beyond me. I am still holding 200 shares of my ROST short. my stop is 56.35 range. I am holding it because I am convinced this market and ROST are way overbought and due for a correction. Until I reach that 7% stop point I am in. Still holding HOV from new entry at $2.75. those two are my only open positions in trading acct.
    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

    Comment

    • wooish
      Senior Member
      • Dec 2008
      • 499

      I'm thinking of selling some SDS June $16 puts for around $1.25. Seems like a low risk play since the market looks to correct soon.

      Comment

      • Lucavia123
        Senior Member
        • Oct 2011
        • 534

        Originally posted by skiracer View Post
        I'm still holding and my stop is at 2.56.
        Stoped out of HOV today after it lost the $2.75 support. I will keep watching and see what earnings brings in.

        Comment

        • billyjoe
          Senior Member
          • Nov 2003
          • 9014

          Ski,
          My son was so impressed by Morpheus that he subscribed and has more than paid for it with his first 2 sales. He's in rural Montana and can't currently get the internet. Even a mobile hotspot from Verizon failed to work, but he trades using his smart phone from on top of 350 foot wind turbines he works on. Morpheus is perfect for him since he's always on call and can't do much research on his own. He's following them to the t and says the stops are so low it's a no brainer. I'm getting his trading results and will keep track of the return in monthly increments. Thanks again for the info. Never any BS from Ski.

          -------------billy

          Comment

          • hags
            Senior Member
            • Jan 2008
            • 206

            TASR @ $4

            hags

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              Originally posted by hags View Post
              TASR @ $4

              hags

              do you like it at $4 hags. its lost its appeal to me. still looking at HOV but still thinking the market goes lower from here.
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • hags
                Senior Member
                • Jan 2008
                • 206

                Originally posted by skiracer View Post
                do you like it at $4 hags. its lost its appeal to me. still looking at HOV but still thinking the market goes lower from here.
                In TASR @ $4...so I like it.....HOV looking weak....

                good to hear from you ski....

                hags

                Comment

                • skiracer
                  Senior Member
                  • Dec 2004
                  • 6314

                  Originally posted by hags View Post
                  In TASR @ $4...so I like it.....HOV looking weak....

                  good to hear from you ski....

                  hags
                  I'm always lurking and looking in. Just haven't had much to say of late.
                  THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                  Comment

                  • hags
                    Senior Member
                    • Jan 2008
                    • 206

                    Originally posted by skiracer View Post
                    ......still looking at HOV but still thinking the market goes lower from here.
                    HOV @ $2 is tempting....

                    hags

                    Comment

                    • skiracer
                      Senior Member
                      • Dec 2004
                      • 6314

                      Originally posted by hags View Post
                      HOV @ $2 is tempting....

                      hags
                      I was talking to Riverbabe about it the other day. Its been a good stock for me overall. My last two buys have been 7% losers but the first one from $1.10 more than made up for the two losers. I'm keeping an eye on it.
                      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                      Comment

                      • billyjoe
                        Senior Member
                        • Nov 2003
                        • 9014

                        Ski,
                        I've got a question about NJR. For the last year or so the low cost of Nat. gas hasn't seemed to hurt NJR. If we see a major upturn in gas prices what effect can we expect on NJR's price ? Thanks.

                        Also my son says he was up 3% on his portfolio last week thanks to Morpheus. Mostly as a result of inverse ETF's.


                        -------------billy

                        Comment

                        • skiracer
                          Senior Member
                          • Dec 2004
                          • 6314

                          Originally posted by billyjoe View Post
                          Ski,
                          I've got a question about NJR. For the last year or so the low cost of Nat. gas hasn't seemed to hurt NJR. If we see a major upturn in gas prices what effect can we expect on NJR's price ? Thanks.

                          Also my son says he was up 3% on his portfolio last week thanks to Morpheus. Mostly as a result of inverse ETF's.


                          -------------billy
                          I don't see the market price of natural gas having a large negative effect on NJR Billy. They are so firmly planted and established in NJ and the eastern seaboard markets that I see the worst case scenario as one that would just hold the stock price in a range bound parameter. One the other hand if the market itself keeps trending down I think that would have a bigger adverse effect on NJR because 75/80 % of all stocks will follow market trend regardless of their strength or other technical or fundamental outlooks.
                          I'm happy to see that your son is doing so well with Morpheus. I hope he is studying Deron's techniques and technical analysis and learning the how's and why's behind his trades and charting practices. That's the best part of getting your money's worth from buying a subscription from him.
                          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                          Comment

                          • hags
                            Senior Member
                            • Jan 2008
                            • 206

                            Originally posted by skiracer View Post
                            I was talking to Riverbabe about it the other day. Its been a good stock for me overall. My last two buys have been 7% losers but the first one from $1.10 more than made up for the two losers. I'm keeping an eye on it.
                            I'm stiil watching HOV....

                            I like ROST short at $62....chance to get something back ski...

                            hags

                            Comment

                            • skiracer
                              Senior Member
                              • Dec 2004
                              • 6314

                              Originally posted by hags View Post
                              I'm stiil watching HOV....

                              I like ROST short at $62....chance to get something back ski...

                              hags
                              funny that you mentioned ROST Hags. I was looking at it myself and thinking the same thing.
                              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                              Comment

                              • hags
                                Senior Member
                                • Jan 2008
                                • 206

                                Originally posted by hags View Post
                                I'm stiil watching HOV....

                                I like ROST short at $62....chance to get something back ski...

                                hags

                                HOV ask $1.81, RIC ask $5.55....see what happens...

                                Still watching ROST...

                                hags

                                Comment

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