Page 16 of 18 FirstFirst ... 61415161718 LastLast
Results 151 to 160 of 179

Thread: Market Watch for 1/4/ 2010 thru 1/17/2010

  1. #151
    bassmaster is offline
    Mentor
    bassmaster's Avatar
    Joined: Mar 2009 Posts: 1,216
    dr dave, looks like DRYS is in a nice wedge pattern, thirsty to break out.
    i know we've been through this before, and i refer to my books, but in your opinion whats the best way to get a target on a bullish breakout on any wedge pattern?

  2. #152
    candleman is offline
    Mentor
    candleman's Avatar
    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    QASP is back down below .019 this morning.

    The roller coaster continues with this one. It's a great trading stock. The question is where is the bottom this time?

  3. #153
    GoHerdGreg is offline
    Senior Member
    GoHerdGreg's Avatar
    Joined: Mar 2009 Location: WV Posts: 314
    Hey, gang--

    I am getting out of BEHL this week, gunning for an exit with about a 40% profit. I will then take that money and begin trading 1-2x per month. (I don't have a margin account, so I will need to hold a week or two.)

    I'd like to get in to 1-2 stocks per month, and get out with something. The way I see it, a lot of smaller "somethings" is more likely than one big "something".

    Should be an interesting process, regardless.

  4. #154
    candleman is offline
    Mentor
    candleman's Avatar
    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    Quote Originally Posted by GoHerdGreg View Post
    Hey, gang--

    I am getting out of BEHL this week, gunning for an exit with about a 40% profit. I will then take that money and begin trading 1-2x per month. (I don't have a margin account, so I will need to hold a week or two.)

    I'd like to get in to 1-2 stocks per month, and get out with something. The way I see it, a lot of smaller "somethings" is more likely than one big "something".

    Should be an interesting process, regardless.
    Good Morning Greg,

    I'm just curious about BEHL. Are you getting out because you think we may have topped out the share price for right now? And if so, why?

    Thanks,
    Chuick

  5. #155
    Alaska Guy is offline
    Senior Member
    Alaska Guy's Avatar
    Joined: Jul 2009 Location: Anchorage, AK. Posts: 367
    Quote Originally Posted by ray View Post
    hey Buddy thanks...the ocnf dillution really hurt it this year..its a big gap to fill...we may see this a little longer..I thought I was rich again this A.M in behl
    and came up a little short...I sure hate spending that money before its mine....!!
    Ditto, everything is in the red for me today, I would have loved to buy some OCNF today .

  6. #156
    Alaska Guy is offline
    Senior Member
    Alaska Guy's Avatar
    Joined: Jul 2009 Location: Anchorage, AK. Posts: 367
    Quote Originally Posted by GoHerdGreg View Post
    Hey, gang--

    I am getting out of BEHL this week, gunning for an exit with about a 40% profit. I will then take that money and begin trading 1-2x per month. (I don't have a margin account, so I will need to hold a week or two.)

    I'd like to get in to 1-2 stocks per month, and get out with something. The way I see it, a lot of smaller "somethings" is more likely than one big "something".

    Should be an interesting process, regardless.
    I may need to rethink my strategy as well. Maybe keep a core position in everything I have and play with the rest. Its a new trading year, why not? I really can't day trade though. So I will need to think about this. A news years resolution of mine us to get educated a bit more, can anyone point me in the right direction...I need a easy to read book on playing the market? Maybe Ill hit the local bookstore today.

  7. #157
    Dr. Dave is offline
    Mentor
    Dr. Dave's Avatar
    Joined: Apr 2009 Location: SD Posts: 1,879
    Quote Originally Posted by Dr. Dave View Post
    Man, that one is a toughy, I hate it when they reverse like that. I woulda gone in EOD on a full white on that guy.

    For that one, I'd say, if the open is within the upper wick, and it moves to take out the high, then go in.

    The other play is to watch the 5 min and see if you can catch $1.01 or $1.00 if it looks like it's turning down in the morning.

    I'm maxed out on trades at the moment, but I thought COIN was looking pretty good, and could still be good breaking the even $1. Pretty clear $0.76- 0.77, or rather, under $0.80 was the real good buy area.

    Still needing to get you some tickers - I got stuck doing some time sensitive stuff for the boss.
    COIN broke $1, and is up like 28%... missed it since I was all in. Anyone else try?
    Positions: Change so often, it's no longer useful to update this...

  8. #158
    Dr. Dave is offline
    Mentor
    Dr. Dave's Avatar
    Joined: Apr 2009 Location: SD Posts: 1,879
    Quote Originally Posted by bassmaster View Post
    dr dave, looks like DRYS is in a nice wedge pattern, thirsty to break out.
    i know we've been through this before, and i refer to my books, but in your opinion whats the best way to get a target on a bullish breakout on any wedge pattern?
    Pick one the first bounce within the actual wedge - draw to other end of wedge. Other way, is to maybe go 1/3 in the wedge, measure from there. I'll check what the others say after market close. Maybe look at bulkowski's site, he's the king.
    Positions: Change so often, it's no longer useful to update this...

  9. #159
    Dr. Dave is offline
    Mentor
    Dr. Dave's Avatar
    Joined: Apr 2009 Location: SD Posts: 1,879
    Shots - I'm out ANX, just taking the profit, may come back later
    Positions: Change so often, it's no longer useful to update this...

  10. #160
    bassmaster is offline
    Mentor
    bassmaster's Avatar
    Joined: Mar 2009 Posts: 1,216
    im out of ENCO, bought at .31 sold at .35.. i got scared of the big reverse from the HOD

    bulkowski wedge breakout target = for bullish breakout, ((high - low of wedge) x 70%) + breakout price. for bearish breakout , ((high - low) x 30%) - breakout price.

Page 16 of 18 FirstFirst ... 61415161718 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •