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The 'easy' money was made last year in an up market, different market this year. 5 - 10% gains might want to be realized before they disappear.
HH
Trading range breakout confirmed. Gap above at $2.90 needs to be filled.
HH
AVNR ($2.63) breaking out. $heff bought this one yesterday.
AVNR($2.58) breakout confirmed, gap above at $2.90.
AVNR could be breaking out of its 2 week trading channel.
HH
ChiChi, since you live in 'the wilderness', you probably do not have access to cable connection. What do you use for internet? Dial up?
HH
ChiChi, do you have a timeframe for the 50% - 100% reversal?
Euterpe1, what did you put your wifes 401K into?
NeutralParkReverse Man, that was one ugly 'power hour'.
I stayed at the Opryland Hotel April 28-30. The rains started May 1 and the rest is history. Amazing to see the damage at the Opryland, just a day earlier I was eating breakfast in the atrium. If visiting Nashville, stop at Roberts Western World and listen to some of the greatest performers in Nashville. Great city, I will be back!
HH
ChiChi, are you looking at any stocks in particular for the bounce? F maybe?
HH
Looks like a 5% down day for the general markets. Ouch!
Couple day rally is over (link back), Euro is collapsing, all positions closed. Be careful if trading long today.
HH
POZN, probably lots of people still stuck in this from the first go around.
NM, almost reaching your 48.74 high of day.
You are correct, my Yahoo Crude chart is not updating.
Oil is not participating in this rally, down over 2% now.
Couple day rally then the bottom falls out, please read from a pro:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49961598
We are at a minor support level now ($8ish), otherwise the 200 dma is next, which was tested yesterday. Might need a retest.
HH
The shorts have won this round, POZN will have its day.
Looks like any open position from this point forward is going to be met with large price swings. I went to 100% cash today until this correction is resolved. Any trades will be brief.
HH
SNSS, I did notice on Schwab that they have a (D) next to their symbol indicating they do not meet Nasdaq listing requirements.
Wonder how much $$$ was lost today with stops being taken out. Might be a few jumpers tonight.
OT: Waukesha...Home of the BoDeans. I am further north in Sturgeon Bay. eom
I lurk on this board, but Blasher, Neutral Man and others nailed the top in the market. Nice!!!
HH
Looks like the UBS call last month was dead on. Reply back.
HH
POZN, I was away last week at a convention in (now flooded) Nashville so I was not able to watch the markets. Set a sell stop at $11.50 and of course got taken out with the bear raid. I was furious to say the least to see what happened, but looking back, it was a blessing.
Once POZN stabilizes, I will be back in for sure.
HH
Definition of a long term investment is a short term investment gone bad. Been there done that, but usually stops prevent too much damage.
Anybody know the exact date for European review of Vimovo?
HH
The games will continue until FDA decision.
HH
O.K., here is the most thought provoking, intellectual post of the day (at least by me)..........
GO POZN!!!
There was a pretty good opening gap that had to be filled. POZN opening gaps usually fill first 1/2 hour of trading.
If nothing else it gives the charts a chance to reset a bit before the next major move.
HH
pmlg, we got darn close to your $10.80 target, bounce time?
POZN, O.K. MM's you got your fill of shares, now take it back up.
And the volatility begins, shake shake shake.
Fry shorts!!! eom
Neutral Man over on the SPY Technical Analysis board. It is truly amazing what he does with options.
HH
cccpmd666, an excellent options trader I follow is calling for a major reversal up shortly after a possible retest of todays lows.
HH
Thank you ChiChi, you have been dead on with this call from last year. HH
POZN ($10.24), are the bears getting ready for an attack? Chart sure is ugly. Let's see if $10.20 support holds.
HH