Skiracer's stock slopes

[Runner]

Ski, sorry for the snipe on Park. I just thought he was trying to throw something in my face. I’ll reframe from any negative remarks in the future.

[skiracer]

Ski, sorry for the snipe on Park. I just thought he was trying to throw something in my face. I’ll reframe from any negative remarks in the future.

Runner,
I wasn't directing anything against you or anyone else bud. These topics are volitaile and personal. We all have to maintain a certain degree of decorum and civility. It just takes spending a little more time on how we go about doing it with one another. I think we are all going to be ok with that. It's a good thing. Thanks alot for being aware of that.
BTW I thought that article you posted was one of the best I've come across here or anywhere regarding what we are all trying to do. Great work.

[ParkTwain]

I bet I could really get beaten of the path if I conducted a search of all blogs and forums on a trade. Everyone has a different point. I just finds set-ups and trade them on what I think. I could care less about C/W/H's. This stock met my criteria and so it's a go or no/go when trigger line is met.

I guess my point was, to be aware of the relevant prior context for any apparent setup (but maybe your setup doesn't care about the intermediate past action of the stock, I don't know). I'm sure you want to be aware of any looming resistance that would possibly affect the behavior of a stock you're considering. A stock can be acting pretty well up until a given point, and it might turn out that "that point" is also an area of resistance from prior intermediate term action. You had been focusing on the near-term action of the stock coming out of a base, when in a larger context, that base might have been relatively insignificant. But what is "significant" about a stock's "context" depends totally on one's goal for the prospective position, I can understand that.

Sorry for coming across like I'm stepping on your toes back there. Maybe I missed what's going on in this part of Ski's thread. Regards. ...

[skiracer]

I guess my point was, to be aware of the relevant prior context for any apparent setup (but maybe your setup doesn't care about the intermediate past action of the stock, I don't know). I'm sure you want to be aware of any looming resistance that would possibly affect the behavior of a stock you're considering. A stock can be acting pretty well up until a given point, and it might turn out that "that point" is also an area of resistance from prior intermediate term action. You had been focusing on the near-term action of the stock coming out of a base, when in a larger context, that base might have been relatively insignificant. But what is "significant" about a stock's "context" depends totally on one's goal for the prospective position, I can understand that.

Sorry for coming across like I'm stepping on your toes back there. Maybe I missed what's going on in this part of Ski's thread. Regards. ...

The only thing I'm asking for is that we take a little more time in how we phrase our takes on anyone who puts up their positions. Some of the stocks in these ports are down and losing money is one thing. Having to talk about or justify why anyone would be holding or continuing to hold is hard enough for each of us to do. I'm not asking anyone to curb their thoughts or ideas on any of these ports but to take into consideration the feelings of others and to try and give a little more thought to how we go about presenting our opinions if we are going to discuss someones position.
I really appreciate everyone that placed their ports up there for scrutiny. We should all give that some extra considertion in our dialogue for that alone. Thanks Park. I appreciate it and I'm sure Runner and everyone else appreciates all of us stepping back and taking a look at how we present our opinions on with these ports. You've always been a gentleman with your commentary and how you present yourself.
I think there is a great opportunity for discussion here and hopefully it will work out well for all of us in a number of ways. We'll all be able to grow from it. Thanks again Park.

[skiracer]

It seems that there are not enough hours in the day for me anymore. Lots of things to get done everyday. I'm hoping that trying out this portfolio idea brings out more of how each of us looks at trading.
I'm adding several new stocks to my watchlist this week. I'll be editing the list sometime today or tonight but here are some of the new ones that I am looking at for this week. All open positions were carried over the weekend into this week. They will remain open until they lose their luster or momentum. Here are the new additions to the watchlist:

ICON UCTT DFC TRAD GIGM SPAR SIMO HTGC WPSI FMD

Don't know for sure how things are going to work out with the open positions but will wait for open to see how things go. ECOL might be getting a little extended from my entry of 20.30 so that would be the first one that I might take some or all of the gains off the table. Nothing else is that extended that I would consider that with them yet unless I feel that they are stalling. I also have 6 open positions which is usually about the limit for me. ACOR is a volitaile one and could go either way but I am expecting it to fall much farther than it's close on Friday. Also looking at FMD to hit the wall today or the early part of this week so I want to have some money open to make the play if it materializes the way I expect.

[skiracer]

I just placed a stop on the ACOR short position at 17 which is breakeven. I'm keeping a close rein on this one and if it stops out and falls afterwards I'll re-enter.

[IIC]

I just placed a stop on the ACOR short position at 17 which is breakeven. I'm keeping a close rein on this one and if it stops out and falls afterwards I'll re-enter.

It has traded as hi as 17.05 pre-m...now about 16.92

[billyjoe]

2 Hours ago analysts for Cowen & Co. reiterated their outperform rating on MOT and raised estimates. This might be good for a point.

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

[IIC]

Wonder why ACOR was up pre-m then it opens down???

[Gwhiz]

ski,
sold GROW with a stop order at 30.00

[Runner]

Ski, adding DRIV 53.10
1R=2.29

[Runner]

I'm thinking of taking Q's short with stop over highs. Might do this near the close.

[Runner]

I need to run for the rest of the day. I took Q's short at 42.47.
1R=2.20

[Tatnic]

Wonder why ACOR was up pre-m then it opens down???

Haven't been following this one closely, but if it was up alot in the eh trading and gapped up but fizzled within a half hour, that typically a good time to short. No hard and fast rules obviously.

[skiracer]

It has traded as hi as 17.05 pre-m...now about 16.92

Them bastards got me at 17. I'm out of the position at 17 and I'm not going to chase it.