Swing trading... lessons learned...

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  • Well, good and bad... I wanted to buy some more.

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    • Price Increase for Vancocin

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      • dmk112
        Senior Member
        • Nov 2004
        • 1759

        Originally posted by New-born baby
        VPHM is up $1.55 after hours. IT's a $12 stock NOW!

        Why? I see no news...
        http://twitter.com/DMK112

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        • dmk112
          Senior Member
          • Nov 2004
          • 1759

          Originally posted by dmk112
          Why? I see no news...

          Why am I even asking?? Who cares!!
          http://twitter.com/DMK112

          Comment

          • dmk112
            Senior Member
            • Nov 2004
            • 1759

            The only negative I saw in the chart at the close was this:



            But now since its up 1.50 in AH and if it gaps up tomorrow I think that the channel short is dicounted, I hope i"m correct...
            http://twitter.com/DMK112

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            • Originally posted by dmk112
              Why? I see no news...
              See my Vanconcin post above.

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              • dmk112
                Senior Member
                • Nov 2004
                • 1759

                Originally posted by B.J
                See my Vanconcin post above.

                Ahah! Thanks BJ>
                http://twitter.com/DMK112

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                • I guess I should have held VPHM over night...lol

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                  • Originally posted by B.J
                    VPHM, new uptrend or SHS? We'll find out soon enough:

                    Click for chart

                    B.J this is one of my reasons to bail. Oh well looks like I was wrong, but hey no problem it won't be the last time I've been wrong.. I had seen many stocks setting up with a possible s/h/s over the weekend.

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                    • dmk112
                      Senior Member
                      • Nov 2004
                      • 1759

                      Originally posted by Runner
                      B.J this is one of my reasons to bail. Oh well looks like I was wrong, but hey no problem it won't be the last time I've been wrong.. I had seen many stocks setting up with a possible s/h/s over the weekend.
                      Remeber folks, there is no SHS until it forms AND the neckline is broken...so I wouldn't be anticipating a pattern that is not very common and not very accurate...
                      http://twitter.com/DMK112

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                      • spikefader
                        Senior Member
                        • Apr 2004
                        • 7175

                        Originally posted by spikefader
                        ...Bidding 9.75 ....
                        Originally posted by spikefader
                        That pattern ain't right, out b/e. Back to stalkin it.

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                        • This stock, vphm, just boogles the mind:

                          RSI: Looks good by showing an up trend.
                          Slow Stochastic: Turning up now from the oversold region.
                          Candlestick: After the spinning top and with the Stochastic seems to confirm that this thing is going to go up.
                          Last edited by Guest; 08-15-2005, 08:00 PM.

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                          • spikefader
                            Senior Member
                            • Apr 2004
                            • 7175

                            Originally posted by B.J
                            Spike, do you see a bona fide reversal here? Or a teaser?
                            Oh ya, hehe, bonafide reversal!

                            I actually only just saw this post, but based on the PM action yesterday it was looking like a reversal to me.

                            That last post was just for fun. I'd do the same thing again I think. It wasn't a pure pattern, and only on a 1 minute chart. It just didn't fit the mould. But it sure was a nice move off a not-so-pure pattern. One to remember! Even the impure patterns can cause a bull stampede.

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                            • dmk112
                              Senior Member
                              • Nov 2004
                              • 1759

                              Originally posted by spikefader

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                              spike....LOL I guess the pattern is not always "right" who knows!
                              http://twitter.com/DMK112

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                              • Ok, rub it in some more!!

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