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DNA started to breakout friday too. 
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What about JMDT?
Looks overbought, and needs to comeback a bit (24's)? to go further up? Possible short at $28.50+?
Any ideas?Comment
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Originally posted by mystiky
I just would'nt touch JMDT myself for the fact it has run up fast it is just to risky of a play for me compared to other opportunities.Comment
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If you asking for a solid measurement of who were short and where. The answer would be no.Originally posted by spikefader I could go into a speech about how I know what's what and so on, but it can be seen as speculation to some traders. So, lets just say its my humble opinon and leave it at that.
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It's all speculation just that some of it is more of an educated guess than others. I was wondering what brought you to think of PTMK as a short?THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Look at the weekly resistance on PTMK.Originally posted by skiracerComment
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Come on mtm, don't be coyOriginally posted by mtmIf you asking for a solid measurement of who were short and where. The answer would be no. I could go into a speech about how I know what's what and so on, but it can be seen as speculation to some traders. So, lets just say its my humble opinon and leave it at that. Obviously I wan't asking for a solid measurement; if we knew such things there wouldn't be a market. But it interested me that you said it with such conviction. How do you speculatively measure it?
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I would also like to see how you substantiate how and why you feel as you do when you make such a authoratative remark. As far as PTMK is concerned, I've been of the mindset that the more times they bang up against resistance they will eventually break that resistance. I really like the heavy volume that has been coming into PTMK of late an took a position in it this morning at 8.87. Only a half position of 1000 shares. I like the stock long at this point.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Skiracer, I am glad you like it so much that you wanted to buy it.
First off it was a short idea for a possible "swing". If your TA experience tells you something different that is what makes you the trader you are. We all are not the same traders and do not follow the same techniques. If the books you read tell you something and you agree then thats your choice.
We all have different ideas, interpretations, strategies and so on. I am sorry I don't have the time to get into a who' wrong and who's right discussion.
I respect your opinions, but we obviously have different trading styles and perceptions of the market.
If you read my first post, I believe that explains what to expect and follow for this thread.
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I'm not trying to give you a hard time. Only trying to understand another's reasoning behind his selections. I'm basically a swing trader but when the shoe fits that's what I am. I'm more into building an increasing capital from the use of my capital.
I'm certainly not trying to edge you into a debate or anything like that. The proof is in the final results and I have my share of losing trades as I'm sure you do to. I just like to see it explained, like the guy from Missouri said, you have to show me. You should throw a couple of these stronger picks of your into our little stock picking weekly contest.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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I know you not trying to start a debate. I am also not interested in a competition for I have nothing to prove, just posting for those who may need help with some ideas. If I was to explain everything to the T about my trades I would put us all to sleep!
Plus that what books are for.
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Is CRM now out of hand? RSI is 82+
Thinking of going short on CRM.
Any comments?
Target is around 17.50.Comment
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Won't catch me shorting CRM.
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