| Author |
Message |
     hershy
Member
Username: hershy
Post Number: 1791
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, December 20, 2006 - 06:01 am: |  
|
There is a 15% bearish move in this trade with target being the bottom of the gap.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
efficiency
Member
Username: efficiency
Post Number: 37
Registered: 12-2002
Rating: N/A
Votes: 0
|
| | Wednesday, December 20, 2006 - 06:49 am: |
|
This stock has a history of sharp rallies. Price to revenue is a ridiculously cheap .11x. A whopping 25% of the float is short. Would make for great rocket fuel.
Should have been shorted at $58 (failed re-test of the $64 high).
It's STILL a bull market, albeit 4 years old, in the US.
All in all, the risk/reward ratio is not favorable.
|
hershy
Member
Username: hershy
Post Number: 1792
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, December 20, 2006 - 07:07 am: |
|
Hi Gary,
I agree with everything you say, except the last sentence.
RRR of 5/1 is pretty good in my book.
Only looking for a short move and I am going with the trend.
Besides, it may not even eventuate as it is a contingency order.
But mate, I welcome your comments; I was beginning to feel rather isolated here with just the Kool one and I seemingly the only posters.
Hooroo Septic Tank.
This is not an insult. It's rhyming slang for Yank.
And IT IS an endearing expression.
(Message edited by Hershy on December 20, 2006)
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
efficiency
Member
Username: efficiency
Post Number: 38
Registered: 12-2002
Rating: N/A
Votes: 0
|
| | Wednesday, December 20, 2006 - 07:18 am: |
|
Just providing a panoramic view.
IF you're looking for a US short without the rocket fuel, you might look at entering RAVN on a rally.
|
hershy
Member
Username: hershy
Post Number: 1793
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, December 20, 2006 - 07:30 am: |
|
Since you mentioned risk/rewards earlier, I'd be interested in your views on this ratio vis-a-vis RAVN which I see as a much riskier trade.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
hershy
Member
Username: hershy
Post Number: 1798
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Friday, December 22, 2006 - 05:24 am: |
|
Still waiting on the sidelines.I will abandon the trade if it does not fire tonight. Interesting to not that the inverted H & S pattern points to gap bottom as well.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
hershy
Member
Username: hershy
Post Number: 1828
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Monday, January 01, 2007 - 12:27 pm: |
|
Hello Efficiency
I wonder if I can ask you, as our man on the ground, so to speak, to look at something unrelated to Lear.
China Life has had a 2/1 share split according to the news that I can locate from Down under. The change in price however would indicate that this is not so; a 5/2 split comes close but even this is not exact.
Are you able to throw some light on this issue for us so far from your shores ?
Wishing everyone a Happy 2007 !
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
ohkoolnutz
Member
Username: ohkoolnutz
Post Number: 387
Registered: 10-2005
Rating: N/A
Votes: 0
|
| | Monday, January 01, 2007 - 03:25 pm: |
|
The Yahoo message board says it split 2.67-1 meaning if you had 100 shares you ended up with 267 shares.
---
ohk
Lies, Damn Lies and Technical Analysis
|
ohkoolnutz
Member
Username: ohkoolnutz
Post Number: 399
Registered: 10-2005
Rating: N/A
Votes: 0
|
| | Thursday, January 04, 2007 - 06:58 pm: |
|
It's getting tight but not tight enough for me. It may be one or two more days before we know. The triangle break in the TMF is beautiful.
---
ohk
Lies, Damn Lies and Technical Analysis
|
ohkoolnutz
Member
Username: ohkoolnutz
Post Number: 413
Registered: 10-2005
Rating: N/A
Votes: 0
|
| | Sunday, January 07, 2007 - 06:06 pm: |
|
As things move on one has to be able to reassess the situation as it stands and not as it was. I therefore quite frequently change my trendlines as I see fit. Since I can't go short there are limited options and my setups of course always favour the long side. It's about having an open mind. I do this until I missed the boat or I find an entry.
---
ohk
Lies, Damn Lies and Technical Analysis
|
ohkoolnutz
Member
Username: ohkoolnutz
Post Number: 421
Registered: 10-2005
Rating: N/A
Votes: 0
|
| | Wednesday, January 10, 2007 - 08:27 pm: |
|
hershy,
it looks like you missed your short entry on January 5.
---
ohk
Lies, Damn Lies and Technical Analysis
|
hershy
Member
Username: hershy
Post Number: 1863
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, January 10, 2007 - 09:49 pm: |
|
No mate, did not miss it. Just did not short it. Watching.
Don't know if the momentum is there,especially after last night's effort.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
hershy
Member
Username: hershy
Post Number: 1872
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Friday, January 12, 2007 - 06:04 am: |
|
So now I guess we're looking at 10% up to $34.50.
Now I'll be looking for that jet fuel you mentioned Efficiency.........
and again, I am looking for the SP to resume it's pre consolidation direction.
I don't have a plan so nothing can go wrong !!!
http://members.optusnet.com.au/~hershy/
|
hershy
Member
Username: hershy
Post Number: 1915
Registered: 10-2002
Rating: N/A
Votes: 0 |
