Originally posted by peanuts
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Skiracer's stock slopes
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THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracer View PostNice breakout on MED this morning. Anyone watching reading this or watching this stock? Anyone else in on this play?Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Originally posted by skiracer View PostNice breakout on MED this morning. Anyone watching reading this or watching this stock? Anyone else in on this play?
Good call. I was thinking about so many stocks I forgot to get into MED. If it's for real it's going up big .
---------billyjoe
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Billyjoe,
This was a great opportunity to catch MED making the right side of it's cup for near the bottom up to around 12. I wouldn't advise entering right here because tomorrow is Friday and will be a profit taking day. Alot of traders don't like to leave their profits over the weekend because of the volitaile geo-political and economic climate. Anything could happen over the weekend. I think they will be taking profits tomorrow which will provide a better entry point on Monday. It up almost 1 point since Monday. I think waiting it out will pay off with a nice pullback for entry this coming week. Good luck and keep an eye on it.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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MED working out as expected. Nice breakout today on just average daily volume. Nothing to write home about with the volume. NITE working well. Added LIOX to the list today. I like this stock alot and am looking to take a positon @ 8.00. See which way the wind blows in the a.m. with LIOX but hate taking positions on Friday with the weekend factor on taking profits out before the weekend in most traders minds. Here's the spreadsheet for today's close.
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by ninner View Postwatch QSII......its getting close to a breakout point from a resistance point...i calculated the buypoint to be around 42.10......i cheated abit and bought some around 39.25......THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Just exited MED and NITE. Protecting gains and am not leaving this week without what I have in hand. Today could turn out to be a bloodletting. Doesn't look good at the open.
Exited MED at 8.70 and NITE at 18.68. Would re-enter both on any change in the tone of the market but my gut feeling is that this will only get worse as the day wears on. Might be a decent day to look for a couple of daytrade short scalps. Plenty of issues out there that need some consolidation.Last edited by skiracer; 10-06-2006, 10:23 AM.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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This is going to provide another great entry opportunity for Med after whatever is going on today is overwith.
Don't be fooled by these small intraday bounces that make it look like it may be over and the market will recover. I don't think that is going to happen today. I think we'll see selling into any strength as it materializes today with the worst coming after lunch. So glad I took the gains off the table this morning. I will definitely be using this opportunity to get back into MED this coming week.
As for today I'm stalking a short play in ACOR. It looks to be topping out intraday right now and could take a decent fall right here.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracer View PostThis is going to provide another great entry opportunity for Med after whatever is going on today is overwith.
Don't be fooled by these small intraday bounces that make it look like it may be over and the market will recover. I don't think that is going to happen today. I think we'll see selling into any strength as it materializes today with the worst coming after lunch. So glad I took the gains off the table this morning. I will definitely be using this opportunity to get back into MED this coming week.
As for today I'm stalking a short play in ACOR. It looks to be topping out intraday right now and could take a decent fall right here.
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Thanks Spike. I took ACOR short @ 15.36 for a daytrade scalp and covered @ 14.35 all within less than an hour. It looked a little top heavy to me and was way into the overbought area on the 15 min. RSI. Jeez it fell like a rock. If ever there was a case for the hedge funds moving a stock the last hour of play in ACOR was it. Every dog deserves a bone once in a while. I'm feeling a little bearish myself right now. Some consolidation would be good for the DOW.
Is there some way to make the screen smaller. For some reason my posts are extending way past the right side of the screen. I thought maybe it had something to do with the spreadsheet I have been posting but last night I reworked it and condensed it to a much smaller size and I don't think it is that. Any help would be appreciated because like Peanut says, it's a pain in the ass to read when it goes past the right side border.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracer View Post...Any help would be appreciated because like Peanut says, it's a pain in the ass to read when it goes past the right side border.
I think that is has to do with the other posts with the spreadsheet on them... you would have to rework all of them. Otherwise, the page will correct itself once we post more messages on your thread, and the next page begins. I have my posts/page set at 40. If you reduce yours to another number, you might be able to fix this temporarily, but the best fix is to stop posting such wide charts, dude
I like the information contained within them... it's just the formattingHide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
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Originally posted by peanuts View PostDid I say that?
I think that is has to do with the other posts with the spreadsheet on them... you would have to rework all of them. Otherwise, the page will correct itself once we post more messages on your thread, and the next page begins. I have my posts/page set at 40. If you reduce yours to another number, you might be able to fix this temporarily, but the best fix is to stop posting such wide charts, dude
I like the information contained within them... it's just the formattingTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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