Originally posted by wooish
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Skiracer's stock slopes
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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
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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
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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.Originally posted by hags View PostHOV @ $2 is tempting....
hagsTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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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
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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.Originally posted by billyjoe View PostSki,
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'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
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I'm stiil watching HOV....Originally posted by skiracer View PostI 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 like ROST short at $62....chance to get something back ski...
hags
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