Look for CHINA, the one I bailed on today, to screw up their c/c tomorrow...Also, oop's it is not on anyone's list...But I am anxious to see what HSOA comes up with...Doug
Skiracer's stock slopes
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"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Correction...I wish Billy had got the IIC 100 # 1 MEK at 15.49...But I believe he paid 15.94...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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A number of trades made today for these ports. I loved Runner's entry with AA. Very astute and caught it coming off that bottom today. Billyjoe, I had MEK on my watchlist for a few weeks and never made the trade. I was thinking that the chart was to choppy for me but boy there has been a heavy influx of volume coming into it over the last week or two. Maybe someone knows something. River, I was looking at TGT for awhile now as a possible short play. Not to put the horns on it but there is alot of room underneath todays levels for profit taking. It has been on a meteoric uptrend recently. Looks like it wanted to breakdown last week but struggled to keep it's upward momentum. Reminds me alot of FMD a week or two ago. Keep a close eye on this one. If it breaks the 50 ma to the downside there is plenty of downside underneath it right here. Good luck. I was thinking that Ninner might be a secret agent or something. He disappears for a few weeks at a time and then shows up out of nowhere. Check in Ninner and let us know that you're alright. Here's today's sheet: Sorry Billyjoe, but you can thank Doug. You just lost .45 on MEK.
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Not to fear, Ski, this is just a short term earnings play on my part. I see this morning the report was GOOD, so expect to see some upside for a few days that might help my bottom line. riverOriginally posted by skiracer View Post[B] River, I was looking at [/COLOR]TGT for awhile now as a possible short play. Not to put the horns on it but there is alot of room underneath todays levels for profit taking. It has been on a meteoric uptrend recently. Looks like it wanted to breakdown last week but struggled to keep it's upward momentum. Reminds me alot of FMD [COLOR=black]a week or two ago. Keep a close eye on this one. If it breaks the 50 ma to the downside there is plenty of downside underneath it right here.
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At the end of the week, Friday, I post the gains/losses and the percentage of gains or losses for the trades that were closed during the week. At the end of each day I post the positions that were closed out and their closing prices for each port. That way everyone can see what took place each day and then at the end of the day on Friday usually that night I do the calculations for what each port did during the week.Originally posted by Lyehopper View PostSki, I sold my ALLI @ $5.36 this morning for a tidy 27.6% short term profit. It would be cool it your spreadsheet had a "percentage gain" column for closed trades.
Beautiful play on ALLI. What made you exit the position at this time. I haven't looked at the chart on it yet today.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Thanks..... Well, I sold ALLI because I expect it will pull back under $5 and I'm nibbling at more CYBE down here and I needed the funds. I bought some (CYBE) in the $12.30's yesterday and a little bit today.... I just like CYBE, even though it's chart really SUCKS and is showing a SHS pattern on the 18 month graph with a neckline @ about $11.20.... If it falls below $11 it'll recover pretty fast I think..... You gotta buy CYBE with limit orders though due to the light volume. I'll hold CYBE for a while after I finish building my position and see what happens in a few months .Originally posted by skiracer View PostBeautiful play on ALLI. What made you exit the position at this time. I haven't looked at the chart on it yet today.BEEF!... it's whats for dinner!
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I hope it turns out the way I expected it to but I don't like to count my money while I'm still at the table. Everytime I open my mouth about how well a position is doing like clockwork it takes a dump. I'm going to hold off on saying anything until after the report. But thanks Billyjoe.Originally posted by billyjoe View PostSki,
I think you hit a home run with MED and we're toast in the POTW.
------------billyjoeTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Ski,Originally posted by skiracer View PostI hope it turns out the way I expected it to but I don't like to count my money while I'm still at the table. Everytime I open my mouth about how well a position is doing like clockwork it takes a dump. I'm going to hold off on saying anything until after the report. But thanks Billyjoe.
I don't believe this one will take a dump. I bought at 9.70. I think MED's future growth is in it's expansion of weight loss clinics and gained credibility through referrals from MD's rather than mail order sales of food.
----------billyjoe
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Well now I'm rooting for both of us Billyjoe. Seems to be holding up well today with a little higher volume than what is has been lately.Originally posted by billyjoe View PostSki,
I don't believe this one will take a dump. I bought at 9.70.
----------billyjoeTHE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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