Bass I saw your posts in the other thread!!!! Classic - I'd do the same thing!!! LOL
Printable View
Bass I saw your posts in the other thread!!!! Classic - I'd do the same thing!!! LOL
dave, i like that IGNT chart. im gonna scan tonight, ill post in the morning whether i decide to take a position in it. i love these breakout plays, theyre very easy, if it goes down to a certain point - just sell , otherwise hold till the breakout and sell at profit target..very simple.
dave, i wish i could do the 4, 5 dollar stocks ( shlt my goal is to do the $ 50 dollar stocks, but im gonna need a decent 7 figure bankroll for those).
Dave, Bass, and Bill
Keep up the good work! You guys are the best!
Jeff
Bill
Friend of mine is in the bar business...he's going to save me 6 makers bottles...Betcha 5 bucks you won't even know the difference! Damn...must be the new found gambler in me. too late...bets off!
How far are you from Wolf Creek! 3-400 miles!
yeah, I figure if it closes below the line, save your pennies, if it goes above, hang on to your hat if it has the volume. IGNT had a triangle going earlier, but it failed, but I like this bigger one. There's also 50/50 - half in the triangle, half at the end of the day if there is a breakout. The classic measure for how far it will go is draw a vertical line in the middle of the triangle, measure up from the breakout point - but also expect a higher target at the resistance at the top of the triangle. of course, they don't always make it there, and the stats are for big board stocks, and they are getting worse as pattern TA is finally getting a little respect and used. Kind of like how the indicators fizzle out after everyone catches on.
Superbowler...does that mean he takes large dumps?
lol, I got my start in those at $50-$100 dollar cost averaging every 2 weeks to a month... of course, it depends on whether you start at the beginning of a bull or bear market, lol.
My account was at an all time high when I got that part right - I should have my head examined for not following that strategy after March 9th!
Crap - I knew I did QASP - forgot to post -
QASP has a lot of support and resistance lines - the most important is 0.03, cause you'll have price players (red or green depending on where price is) and fib (blue) players, not to mention the even number aspect, as in "QASP is over 3! I"m in". so get above that's great!
Did I post this or not?
http://www.scripps.edu/~davess/siri5/QASP.png
dave , 1 favor, can you draw on a chart how you would arrive to IGNTS target sell on a breakout. im sorry , i just need to see it and i can learn it.
i read some posts on the hub, seems veryyyyy bearish and worried about a scam, its a pinkie whats new..anyways i dont care toooo much about that, if im gonna play this as a breakout.
the chart on sponge looks good too, definitely needs to see how this is gonna turn out. might have to jump in on some positive buy pressure. the accumulation is trending up on that one, may be a big pop.
Looks like the BDI had no problem busting through the 3k mark this time.
Hey people!! Hope all is good, just waiting for those yob / job numbers, and searching the sectors for another play.
take it easy, and have fun!!!
P.S. Had to change my avatar LOL!!! :)
I can email you on where to get the bumper stickers and shirts if you want.
Just don't go out to eat with the shirt on LOL!! You might get poor service. :scared:
Been looking around for the next play, the job numbers should be interesting.
Just watching and waiting. Take it easy Bill, always good to hear from you!!!
off to bed.
gn bill, and everyone else. hopefully ill be up early in the morning. gl to everyone and their trades tomorrow.