Skiracer's stock slopes

[skiracer]

Today's position and watchlist update: I'll have a couple of additions to the watchlist later tonight. No new trades today. Decent gains in 3 of the open positions as of the close today. Was having a hard time with bringing ImageShack up last night and couldn't post any charts or the spreadsheet. Everything seems to be ok with their site right now. The ones you think are going to go off don't and the ones you aren't expecting to go off do. Had a pleasant surprise today with ATHR closing up .83 today. On the other hand I was looking for, almost expecting for sure, a strong breakout in KLIC this morning and at the open and in the first half hour of trading it looked like it wanted to go off but never realized the breakout. I still feel strong on the position and we'll have to wait until tomorrow to see what is going to happen.

[skiracer]

This is an example of one of the Pro Traders participating in the Trader-In-Play subscription service at Briefing.com. There are several types of traders with different disciplines and approaches. There is the Blue Chip Trader, Swing Trader, Momentum Trader, Cycle and Trend Trader and a couple more to suit almost anyone's style. I've been using all of them whenever I feel comfortable with their specific play. I didn't trade at all today as I was tied up all day. This guy has been having a pretty good month. These are his trades for today which I missed out on. This guy is good and has been doing this on a regular basis all month during my trial phase of the subscription.
I've been doing very well with his setups and will have done well enough this month to pay for the entire years subscription at $300 per month for the subscription which I didn't have to pay for this month. Is this worth $300 per month?

[peanuts]

[QUOTE=skiracer;65752]This is an example of one of the Pro Traders participating in the Trader-In-Play subscription service at Briefing.com. There are several types of traders with different disciplines and approaches. There is the Blue Chip Trader, Swing Trader, Momentum Trader, Cycle and Trend Trader and a couple more to suit almost anyone's style. I've been using all of them whenever I feel comfortable with their specific play. I didn't trade at all today as I was tied up all day. This guy has been having a pretty good month. These are his trades for today which I missed out on. This guy is good and has been doing this on a regular basis all month during my trial phase of the subscription.
I've been doing very well with his setups and will have done well enough this month to pay for the entire years subscription at $300 per month for the subscription which I didn't have to pay for this month. Is this worth $300 per month?


Ski,

when you go to upload your images into imageshack, you need to start resizing the image for message boards it's the 640 X 480 check box option

[skiracer]

[quote=peanuts;65755]

This is an example of one of the Pro Traders participating in the Trader-In-Play subscription service at Briefing.com. There are several types of traders with different disciplines and approaches. There is the Blue Chip Trader, Swing Trader, Momentum Trader, Cycle and Trend Trader and a couple more to suit almost anyone's style. I've been using all of them whenever I feel comfortable with their specific play. I didn't trade at all today as I was tied up all day. This guy has been having a pretty good month. These are his trades for today which I missed out on. This guy is good and has been doing this on a regular basis all month during my trial phase of the subscription.
I've been doing very well with his setups and will have done well enough this month to pay for the entire years subscription at $300 per month for the subscription which I didn't have to pay for this month. Is this worth $300 per month?


Ski,

when you go to upload your images into imageshack, you need to start resizing the image for message boards it's the 640 X 480 check box option

Does it do it for you automatically? Where and how do I find that box? I posted what I thought was a pretty spectacular day of results from that guy. Did all you see was that my post was to large. Didn't any of the rest of that post register at all as being interesting or worthwhile? Just curious.

[skiracer]

Regarding steel:



I would think this may help to setup a few short plays in that sector. Geez, I hope this resize isn't to small to read.

[skiracer]

[quote=peanuts;65755]

This is an example of one of the Pro Traders participating in the Trader-In-Play subscription service at Briefing.com. There are several types of traders with different disciplines and approaches. There is the Blue Chip Trader, Swing Trader, Momentum Trader, Cycle and Trend Trader and a couple more to suit almost anyone's style. I've been using all of them whenever I feel comfortable with their specific play. I didn't trade at all today as I was tied up all day. This guy has been having a pretty good month. These are his trades for today which I missed out on. This guy is good and has been doing this on a regular basis all month during my trial phase of the subscription.
I've been doing very well with his setups and will have done well enough this month to pay for the entire years subscription at $300 per month for the subscription which I didn't have to pay for this month. Is this worth $300 per month?


Ski,

when you go to upload your images into imageshack, you need to start resizing the image for message boards it's the 640 X 480 check box option

I see what you are talking about. Never noticed it before. No problemo, I can do that.

[peanuts]

Does it do it for you automatically? Where and how do I find that box? I posted what I thought was a pretty spectacular day of results from that guy. Did all you see was that my post was to large. Didn't any of the rest of that post register at all as being interesting or worthwhile? Just curious.

The guy had a good day. He should start posting here at Mr. Market... I didn't really get too much to chew on with the article, but the trades were good.

Here's what I'm talking about with Imageshack:

I think you know that I'm not doing this to be a jerk... just trying to make it easier to read. When you've posted some of the articles in the past I had to use my scroll bar at the bottom of the page- scanning the article left and right. It's a minor annoyance, but an easy fix...

[peanuts]

I smell poo

Regarding steel:



I would think this may help to setup a few short plays in that sector. Geez, I hope this resize isn't to small to read.

The author of this article obviously has an ulterior motive. I am shocked that the WSJ would issue this one-sided rhetoric. The article was also very vague- never saying which type of customers have high inventory build, besides saying 'service centers'. Service centers have inventory cycles in different times of the year, for different customers, for different growth stages in the economy, and rely on sometimes a 3 month lead time... Certain parts of the economy need to ramp up inventories at this time of year, other parts need less. And the SPECULATION on imports and China is some of the worst guess work I've ever seen from a respected institution such as the WSJ. Who is the author of this article? I may just write a letter to the person.

[skiracer]

The guy had a good day. He should start posting here at Mr. Market... I didn't really get too much to chew on with the article, but the trades were good.

Here's what I'm talking about with Imageshack:

I think you know that I'm not doing this to be a jerk... just trying to make it easier to read. When you've posted some of the articles in the past I had to use my scroll bar at the bottom of the page- scanning the article left and right. It's a minor annoyance, but an easy fix...

I don't think that at all. These guys have been going like this on a regular basis all month. I don't think he is interested in Mr. Market's forum for posting his setups. They're getting $300 per month from more than enough subscribers. In fact they have limited the subscription base for the Trader-In-Play service to just 5% of Briefing.com's Platimum subscribers. So I'm sure they are getting a decent subscription play for their subscriber base. As good as I have come across anywhere. Anyway it's no problem to resize them when I do the upload. On the charts I have been resizing them after I capture them and have added my annotations with Snagit. But I see that it would be easier to do it at the time of the ImageShack upload. Never seen that before but I was never looking for it I guess. Thanks for the info.
BTW, I'm not trying to push the Briefing.com thing. Just trying to enlighten and make everything that I come across available to the forum members to enhance their chances of making money. The $300 per month is a relative thing. It takes money to make money but it's not everyone's nature to think that way or to spend it.

[skiracer]

The author of this article obviously has an ulterior motive. I am shocked that the WSJ would issue this one-sided rhetoric. The article was also very vague- never saying which type of customers have high inventory build, besides saying 'service centers'. Service centers have inventory cycles in different times of the year, for different customers, for different growth stages in the economy, and rely on sometimes a 3 month lead time... Certain parts of the economy need to ramp up inventories at this time of year, other parts need less. And the SPECULATION on imports and China is some of the worst guess work I've ever seen from a respected institution such as the WSJ. Who is the author of this article? I may just write a letter to the person.

The article came across the Briefing.com newswire early this morning. I just think there is a good chance of it affecting the steel sector today. Whether or not it is true or valid is another thing. I don't know. But like Stocklemon.com the things that people say have a direct affect on the markets regardless if valid or not. I'll be keeping an eye on that sector and related stocks in the pre-market and open this morning.

[peanuts]

The article came across the Briefing.com newswire early this morning. I just think there is a good chance of it affecting the steel sector today. Whether or not it is true or valid is another thing. I don't know. But like Stocklemon.com the things that people say have a direct affect on the markets regardless if valid or not. I'll be keeping an eye on that sector and related stocks in the pre-market and open this morning.

MT looks strong and I think it is about to run

[peanuts]

MT looks strong and I think it is about to run

MT is strong... maybe stronger than Ernie (might not be a bad pick for his stock picking model, either)

I see that MarketWatch is reporting that UBS is cutting steelmakers US Steel (X) and Nucor Steel (NUE) stock ratings. UBS is making a mistake by thinking that reports of high inventories and abundant Chinese steel will affect the steel industry now. That most disturbing part about this is that there is no reference to the reports which they are getting their information.

Sheesh... maybe I should give them my number

[peanuts]

...Of all the stocks on my watchlist KLIC was the one I liked the best. Hope it comes up to my expectations. Are you watching it and thinking of making a play? I think anywhere around $9 tomorrow would be a good entry....

Ski,

I've been rooting for you, dude. I just can't make this play... I don't trust the stock after I already tried to enter a position. I've backed out with a bad taste in my mouth. It's just not for me, dude. It needs to prove itself, first. I also do not trust any rally in tech and semis until the Nasdaq makes new highs. I've seen the trap before, (I think it was about a year ago) and fell for it once. I may end up missing out on some gains, but I would feel better about not taking on the added risk...

good luck with KLIC

[skiracer]

Ski,

I've been rooting for you, dude. I just can't make this play... I don't trust the stock after I already tried to enter a position. I've backed out with a bad taste in my mouth. It's just not for me, dude. It needs to prove itself, first. I also do not trust any rally in tech and semis until the Nasdaq makes new highs. I've seen the trap before, (I think it was about a year ago) and fell for it once. I may end up missing out on some gains, but I would feel better about not taking on the added risk...

good luck with KLIC

I can appreciate your feelings if you're uncomfortable with the stock and the NASDAQ. I like both the daily and the weekly chart of the NASDAQ right now and feel that it is currently in a strong uptrend. Is the 2375 range what you are looking for as a new high in the NASDAQ? I don't know if this uptrend will reach those previous highs. I still like the stock and the play although I am disappointed that it didn't breakout yesterday or today as I was expecting. It seems to have paused today but did exhibit some strength by coming back from the lows of the day at $8.82. I'm still expecting it to breakout from here. I hate waiting for a breakout on a Friday but I will continue to hold for the time being.

[skiracer]

Sorry that I missed yesterdays posting of the numbers. Been very busy with two projects underway. Didn't have much time this week to follow the markets or to build on the watchlists or to trade in an out of any positions. Actually violated one of my cardinal rules about honoring my stops with HSOA today. It breached my mental stop at breakeven and my initial entry both which were $5.40. It went to $5.28 for the LOD but stopped and bounced back to close down .07 for the day. I actually liked the way it has held up this week. Still holding it and all the rest of the open positions over the weekend.
I couldn't call it a bad week as shown by the green open positions but very disappointed KLIC and ABMD. Had high hopes with both trades and each went the opposite direction. On the whole it was a positive week and the account was up for the week. Here's the spreadsheet. BTW Peanut I have followed your instructions and resized accordingly. Well I wasn't happy with that upload resize. Going back to the old way. Please disregard this smaller one that you can hardly see.