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throttle,
I am not sure if you are following the system correctly or if you are not using proper money management skills but mflutie's systems do work ! they are NOT scams and if you use them properly you can make money .... they are invaluable tools...IMHO
Good luck !
R
flutie....come one IM or mirc please....I will be on until about 4pm or so....
Thanks
R
cool .... I like money ;o)
Cheers,
R
Come on ladies and gents....BIG group hug for all ...lol :o)
Cheers,
R
Billy D, "R" .....but of course ;)
Taking home this weekend:
Channels:
TINY and EVCI
Popper:
Short: VTIV
Got back in about 1/3 size of previous position in ROXI....hoping to add if it stays strong.
Got a few April 100 RIMM PUTS as well
Finally got sucked into a few k of DIGI....very risky as daily chart could break lower.....we shall see
Take care all.
Cheers,
R
Sold all ROXI and all other plays....100% CASH....not sure what this market is gonna do with this INTC news. FWIW
Cheers,
R
mflutie: The top 5 channel players all hit this morning, 5 out of 5, nice !
ROXI - If it can close better than 12% and near high of day the sucker has hit 14 out of last 15 on Major_Popper plays. Please see below for nice stats courtesy of mfluties spreadsheets system:
Pop% day 1 day 2 etc
12.05% 10.07% 10.98% 7.55% 9.84% 12.13%
24.97% 4.68% -0.29% -4.49% -2.01% 4.11%
14.24% 8.14% 2.57% -1.13% 1.96% -0.10%
17.25% 3.58% -4.20% -14.71% -19.28% -20.77%
13.41% 6.59% 11.24% 17.83% 27.13% 30.62%
23.08% 4.92% 16.48% 13.64% 7.58% 4.17%
13.91% 5.97% -1.56% 0.00% 9.87% 12.21%
12.42% 14.53% 4.65% 9.01% -1.16% -7.27%
13.60% 10.04% 8.11% 12.36% 23.55% 32.82%
12.07% 2.21% -6.91% -18.51% -27.62% -21.27%
13.70% 2.93% 12.38% 15.64% 18.89% 20.52%
18.24% 8.76% 7.62% 20.00% 8.57% 0.00%
19.13% 2.79% -19.72% -18.85% -12.22% -24.78%
13.38% 6.46% 11.36% 61.69% 31.18% 2.45%
15.92% 4.40% 2.20% -0.55% -5.22% -3.85%
Cheers,
R
All out ELANZ +75% on last, not bad for a less than 24 hour hold ;o)
Cheers,
R
Come on over Flutie, the weather is nice and hot and the water temp is just about perfect :o) Spring Break has begun as well so bring your blinders so the wife doesn't catch your eyes wandering on the beaches :o)
Cheers,
R
flutie you there ?...need to ask u a quick question
I will be on irc #at till about 11:10 or so, thx :)
ELANZ 1.14 traded, from .75 - .80 gotta love that return in 1/2 day
Cheers,
R
ELANZ nice from .75 - .80 to .90 - .99 (only a few traded there) but still nice, I sold 1/2 hold balance for continued ELN move up me hopes ;)
Cheers,
R
np tag ;) ...eom
ELANZ calculation...fwiw
Elanz expire 8/05 - August - 2005
strike is $26.63
conversion .12758
if you buy 10,000 shares it "converts" into
1275 shares of ELN
at $26.63 your 10k shares will be worth
26.63 X .12758(conversion)= $3.40 X 10k) =$34,000
when price of ELN is 26.63 each warrant could be converted into .127 shares
so eight warrants would be 1 share
so buying 8,000 warrants at .75 or $6000 could get you $34,000 if ELN is $26.63 or above by Aug 2005.
Good luck
R
Just a heads up, ELN warrants = ELANZ trading at .80, high of year 1.09, ELN set a new high of year today......ELANZ may follow imho
Cheers,
R
Flutie !!! IMMR short beauty Thanks buddy, these Popper shorts are tremendous !
Cheers,
R
Flutie !!!! what up ?
Still holding LIPD and IMMR shorts from a few days ago, will close by day 5 if no profit. LIPD already had a nice 6% gain but I held the short, I think it has more in it
Got ZTEL and CALM channels as per usual
Cheers,
R
Hi everyone.....consensus on the market ?
I say 1600 - 1700 naz, imho
Others ?
Cheers,
R
LIPD Popper short gain hit, nice one
Covered SMH short from Friday +2.10% fwiw, still holding LIPD and IMMR Poppers short, fwiw
mflutie, sorry I had to step out, I will be on mirc #at until about 10pm.
mflutie come on mirc or IM please, I have somthing to show you. eom
Hello all
I hope everyone is having a nice weekend :o)
What the consensus on the markets.
My humble prediction, we head down to 1600 - 1700 naz
Gonna be some awesome buy setups at that level
Thoughts all ?
Cheers,
R
100% Cash as of this morning......
Sold all longs, took a few fair size loses in the process ($7,000.00 in total which shaved about 30% off my trading PROFITS for 2004).
Bottom line, still up nicely for 2004 thanks to channel plays and major poppers. I am going to focus more on channels and popper plays and go smaller on other plays that are more risk.
Tonight:
Two Popper shorts:
LIPD @ 7.39
IMMR @ 8.64
Riskier play:
Small short on SMH @ 41.63
Trading around potential market tops or market bottoms is always higher rish because follow through in both directions is not as good,imho. I hope we either head down in a nice trend or continue higher in a nice trend. Either way mfluties channels and poppers will be lower risk plays both long and short. Thanks mflutie for thinking outside the box and creating some nice systems.
Cheers
R
flutie - do a test on these channels, you may like them
SWTX, MCHM, IPIX
cheers,
R
Disregards my last post !
Sorry guys I didn't do my homework fully on NVDM. They are being bought out for 6.10 dou ! LOL.....This stock ain't gonna move no where, sorry again.... at least no one could get in over the weekend
Thank you mflutie for bringing it to my attention....this is exactly what this board is all about, members helping members....thanks again and sorry for the error.
Cheers,
R
Morning all,
Pull up a daily chart of NVDM - buy setup above 6.03, stop below 5.99 - awesome risk to reward here, risking .05 cents for possible .30 - .50 gain imho. Have a look see. I am NOT in but will be looking to buy above 6.03 on Monday.
http://stockcharts.com/gallery?NVDM
Cheers,
R
Hurry with those new spreadsheets
LOL....just messin with ya....they will be awesome though !
Good morning all
Thanks for the invite mflutie.
I have been reading the posts and this looks like a very informative and constructive message board.
Just to let everyone know I have been playing Major Poppers and Channel Plays with mflutie and they are working very well.
RCNC is another superb Channel performer. Here are the stats going back 300 days. Buy on close and hits 2% the next day, the stats are below. Very nice imho:
Cls to Nxt 2.0% %
20 days 16 80%
40 days 35 88%
65 days 53 82%
100 days 75 75%
150 days 110 73%
200 days 151 76%
250 days 188 75%
300 days 228 76%
RCNC also had news on Friday and may pop Monday. If it opens and pulls back into support may be a worth while buy in the event that it hits the 2% later in the day. Just a thought. Use stops and proper risk management
Cheers,
R