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     msparks
Member
Username: msparks
Post Number: 578
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Monday, July 24, 2006 - 12:40 pm: |  
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Hi
Rin(ker) is getting somewhat an expensive error.
I entered by mistake because i forget to close an open order that was left behind at the open for 13.80 last Thursday.
Now it is at 13.20 or therabouts.
Some 4.5% loss on an order i forgot to cancel the next morning!!!
Lessons alright. 
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holycow
Member
Username: holycow
Post Number: 2481
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Monday, July 24, 2006 - 02:21 pm: |
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MS,
you are learning! 
Now you are learning this thingy called "over compensation", or whatevercognitivebias they called it. Technically, in TA, it's called oversold or overbought. In a really really bad bear crash, you can multiply this by 5 times and then you will understand what it means by panic! Go check out some of the NASDAQ charts I posted once, combining the visual effect plus how you feel and you'd probably get an idea of the "real thing"... when it happens.
Remember, this too, will soon pass. (sorry to sound so patronising coz I'd tried to bring this up many times before... and failed. Thought this is a good time for a revision)
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HC
"... if you've got a chart, I have an opinion!"
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holycow
Member
Username: holycow
Post Number: 2501
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Tuesday, July 25, 2006 - 04:23 pm: |
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... after scaring and shaking off all the "monkeys" from the Rinker tree, now the "hunters" are moving in and picking up all the juicy bits.
Such is the market - they dined on the carcasses on the way down and now they feast on the remnants all the way up.
HC
"... if you've got a chart, I have an opinion!"
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msparks
Member
Username: msparks
Post Number: 588
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Wednesday, July 26, 2006 - 02:12 pm: |
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strike me charlie !
that was tricky wasn't it ?
PS. do computers run out of green ink like printers do ?
this can't be happening, i am going to fill er up with some green paint from the shed, that'll fix it.
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holycow
Member
Username: holycow
Post Number: 2510
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Wednesday, July 26, 2006 - 04:21 pm: |
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MS,
You have to learn to keep cool... can you see the "shorties" are doing a roaring business? Spend your energy in investigating shorts may be is a better use of time here?
HC
"... if you've got a chart, I have an opinion!"
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msparks
Member
Username: msparks
Post Number: 589
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Thursday, July 27, 2006 - 02:46 pm: |
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Strewth HC
I sold out at the open and now its all going up again.
Someone is countering every move i make.
Long or Short , what to do next  , have to keep trading to get some of this "easy money" .
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holycow
Member
Username: holycow
Post Number: 2521
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Thursday, July 27, 2006 - 02:57 pm: |
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MS,
wooooooo!! Keep cool man! First, let's get rid of that "revenge" and "make some back" feeling first. If you don't you are not keeping a cool head!
HC
"... if you've got a chart, I have an opinion!"
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qed
Member
Username: qed
Post Number: 10
Registered: 01-2006Rating: N/A
Votes: 0
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| | Thursday, July 27, 2006 - 10:44 pm: |
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greetings holycow, how true, every1 seems to be in hurry to buy into RIN against the tide , patience is the key here, there is going to be ample time to re-enter imo, when and only when we get confirmed reversal regards QED
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holycow
Member
Username: holycow
Post Number: 2532
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, July 28, 2006 - 10:25 am: |
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RIN Weekly
1) QED, I think RIN has gone from a "favoured" stock to a "most hated" stock in the last two weeks. Too many sore fingers trying to catch the falling knife. With such high stress factor I doubt if it will rebound, say, like ALL. Those who intend to buy RIN have to be prepared for the long haul.
2) I think RIN is reaching its bottom soon. This is one of Master Gann's observations.
Cheers.
HC
"... if you've got a chart, I have an opinion!"
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holycow
Member
Username: holycow
Post Number: 2564
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 02, 2006 - 10:43 am: |
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... just notice RIN has gone down another notch, here's a question for all of us to ponder - what has gone wrong?
I am asking you, as an investor of Rinker to carry out a post mortem and check out every piece of analyst report and recommendation and see if you have been hoodwinked.
If your answer is not, then, ask yourself this question - what has happened to the FA side of equation in this stock?
Remember the analysts like to work with numbers and going long term... in 3 short months, all the glowing forecasts, projections, etc had kinda gone out of the window.
How come?
HC
"... if you've got a chart, I have an opinion!"
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msparks
Member
Username: msparks
Post Number: 603
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 02, 2006 - 02:41 pm: |
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I could 've , should've, but i did't sell.
I even bought some more !
woe is me 
i am nearly 100 % convinced that the spiders ta way is the only way
F#@% FA i reckon
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nat
Member
Username: nat
Post Number: 29
Registered: 01-2005Rating: N/A
Votes: 0
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| | Wednesday, August 02, 2006 - 03:50 pm: |
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hi there msparks,you should think of writing a short book on all your quotes ,maybe call it 'A TRADERS REMARKS'would be a best sella amongst the trading fraternity ,earn you more money then trading ,its giving me a laugh at times,and teaching one stuff, Nathan
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holycow
Member
Username: holycow
Post Number: 2567
Registered: 08-2004
Rating: N/A
Votes: 0
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