StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!!<< 1 ... 143 144 145 146 147 ... 162 >>Post Follow-up
johnpaulca
10,080 posts
msg #66431
Ignore johnpaulca
8/20/2008 10:46:34 AM

GDP...long@$53

WALLSTREETGENIUS
983 posts
msg #66434
Ignore WALLSTREETGENIUS
8/20/2008 11:05:32 AM

JP -

You are one of the few traders here that has my respect, so please dont take the wrong okay?....what on earth do you see in GDP as an entry point today? Intraday speaking...it should have been shorted. Please show us what we aren't seeing, that YOU are. BTW, I love what you have done with this thread! Many are benefiting greatly...myself included!


RIGGS

johnpaulca
10,080 posts
msg #66443
Ignore johnpaulca
modified
8/20/2008 12:36:52 PM

Richard:

Thanks for the weekly high filter you posted last weekend. I noticed GPD accumulating after a deep correction so a lot of weak hands got shaken out. I then look for divergence and saw it on the DTI1131 indicator. Sector is breaking out (my opinion). Opened and closed above BB(13) which was tested and held two days ago. Open above ema(34) now we are talking strength. Finally I look at my SM322 for a buy signal which I got. Now I have a high probability of making Beer money for the weekend. (o:
- BTW...thanks for NBR...up over 4%...more beer money...maybe imported beer this time instead of the dugout water they sell here.

- notice the high poking into the BB(40) when it opens in there load up.

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-

Walid
109 posts
msg #66444
Ignore Walid
modified
8/20/2008 12:38:09 PM

Apparently, I posted this at the same time you were posting yours. Thanks for the analysis and I wish you best of luck in the position.

-------------------------------------------------------------------------------------------------
When I read the post about GDP, I thought the exact same thing. Except that I donít see a strong shorting signal either. I believe the stock is going sideways with no strong pattern justifying long or short position. In any event, if you can post your analysis for that call, it would be great.

Thanks

johnpaulca
10,080 posts
msg #66448
Ignore johnpaulca
8/20/2008 12:51:53 PM

Some more examples: STR, NBR

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chetron
2,817 posts
msg #66453
Ignore chetron
8/20/2008 1:18:21 PM


TRY THIS FOR A REASON TOO, GENIUS.




WALLSTREETGENIUS
983 posts
msg #66460
Ignore WALLSTREETGENIUS
8/20/2008 2:02:14 PM

Thanks for the indepth JP, and your observation seems to right on. Thank you for that. As for "NBR?"...I cant take credit for that, because I had no interest in that stock...I just knew the "bleeding" was done...that's all. YOU found the entry...not me brother. Nice work today on GDP, but I still think your entry is a little too late...I hope I'm wrong, and I probably am...


RIGGS

WALLSTREETGENIUS
983 posts
msg #66461
Ignore WALLSTREETGENIUS
8/20/2008 2:05:17 PM

Thanks "Tia"....I some how missed that page way back when. Thanks for that!


RIGGS

johnpaulca
10,080 posts
msg #66468
Ignore johnpaulca
8/20/2008 4:57:37 PM

CELG...must be shorted.

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johnpaulca
10,080 posts
msg #66483
Ignore johnpaulca
8/20/2008 8:09:18 PM

TWM: Short

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