Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
A methodology checklist pinned in the i-box could give us all a safe and sound entry on the majority of our trades and gives us all a place to build support for our stockpicks. A most excellent suggestion RHINO!!
An outstanding suggestion! eom
cmkxman
"in fact, as I type this I think I will start that rule from here on out."
Ya know RHINO..........I think it will be maybe my biggest new years resolution! Oh and you're right.........NITE is the usual suspect! LOL
Happy new year trading to you RHINO!
cmkxman
HK could still be good for a run to the SAR resistance near $18 if it can break through the middle bollinger line and 50dma. You made good on it though, so no regrets.
I don't see any emergency sell here cuz. I think your safe for an overnight hold, but if it ain't going up tomorrow, then............!
DPZ is at a place of real resistance here cuz, imo. Mind your bottom line is my first thought. I wouldn't accept much in the way of losses waiting for it to break above and trade outside the upper bollie.
Best of luck with it of course though cuzloc.
cmkxman
And good afternoon to you too! eom
cuz...........we will all make decisions to buy the occassional odd stock against our better initial and, for lack of a better word, "instinctual" evaluations occassionally, for reasons of denial based on greed, boredom caused anxieties or just plain panicky bad logic for fear of missing out on something. The hard part is realizing that you can almost always get in at a slightly lesser price regardless how the level II looks. It's sickeningly true. We here need to combat our emotions, and look to each other for grounding and reality checks.
And today presents the 20% rally that I was looking for with my entry on PARD two days ago. It's depressing, but I entered too early as crable suggested and I suspected I was doing so at the time. We both did and suffered losses for it. My fear was that I would miss out by waiting; and I did anyway. Lesson learned!
cmkxman
Re: CHCG - "BRIEF: For the nine months ended 30 September 2008, China 3C Group's revenues increased 91% to $225.7M. Net income increased 6% to $19.7M. Revenues reflect higher sales due to the introduction of new production and more effective targeted marketing of the company's products towards the company's intended demographics. Net income was offset by an increase in costs of sales and a rise in general & administrative expenses. http://www.china3cgroup.com"
Book value $1.52 at previous 10q per clearstation.com
Indicators turning positive.........adx especially is at a point of crossing-over positively. A bit of a pincher playout, there could be some good gleanings from CHCG China 3C Group near here RHINO, imo.
cmkxman
Good "morning" guys. I trusted that IBIN would hold up for me while I caught up on badly needed sleep from my "work" week and late nights. One of the big reasons I choose to bottom fish..........so I can buy my stocks at relatively safe levels of support hopefully for sake of accomodating my swing shift sleep patterns occassionally. It's painfully pathetic!
cmkxman
Good gains for the board thus far on all your entrys crable, with the exception of PARD which is still a pincher setup that we hit too early and has proven to be a winner thus far only to those who bought in during todays hard shake and bounce off the lower bollie. The boards showing consistant gains though and that's why we're here. Good luck to us all!
cmkxman
New positive SAR reversal on IBIN 5 min chart going into last 15 minutes of the trading day. No low today of .29 though that's been the bid support for a portion of the trading day. Showing great support here. Over 350,000 shares traded today and average daily is less than 50,000 per day. Still a pincher play and still looking good!
cmkxman
Nice job on ISYS crable! eom
Re: PARD...........WOW 32,000 shares traded down in one minute at 12:37 for a low of $1.05. I decided to bail out just before I left my computer and my account alone for a couple hours earlier in the am, but I never would have predicted that hard of a shake! Coming back to see it trading at 1.39 x 1.4 was an equal shock for timing sake. I'm not reentering now regardless what happens. It's a daytraders play now.
ckmxman
With a book value of $2.48 and a float of 10.7 million, I'd like to hold IBIN from its bottom to see if I can't get a really good multi-month profit from it. I'll play it safe though and play the chart; playing the swings. You are right though........the chart does still look sweet!
cmkxman
PIR nice break! Let it ride crabz! eom
Exactly! eom
Re: IBIN - I want to see the .35 ask fall before I'll be a happy trader. Once it does, .40s next level of resistance. It's all good so far today.
cmkxman
Re: PIR..........if it can break above the 13dma, it could be worth a run to the upper bollie or better, or simply ride above it for gains, but it's at resistance and looks a tiny bit toppy in the short term. However, all the indicators are positive right now for PIR. And though it's book value is $1.93, and revenues should be higher for the next quarter, I just want to see it crossover and stay above the 13dma before I consider it a safe entry. Just personal preference. Best luck with it crable!
cmkxman
Sounds good crable. Now check your pmz plz......eom
I can't be by the computer at the close so I'm going to wish everyone a good evening and good luck as I go to work at my real job.
cmkxman
Bid's firming up on PARD and IBIN once again going into eod. eom
cmkxman
Definately not a black monday we're having and there is room to the upside for capitulation before any real kickoff to the downside possibly a couple months away, if at all.
The DOW presents a negative SAR reversal today for another leg down. The SARs don't always stick, but I'm thinking that this one will. Personally, I'm very close to even both on IBIN and PARD. Both are showing resilience to the downward pressure of the DOW. Even the ask wall on PARD is thinning out now showing strength as we move toward the end of the trading day. Good luck to us all!
You'd think so wouldn't you with this current rising level of unemployment. My brother is a headhunter and is stating that he's got more work on his hands though he's not seeing people come to him who are neccesarily as easily marketable.
cmkxman
Looking now for a fresh intraday SAR reversal as it's rising now up through the 50 level of the relative strength indicator. The stochs are coming out of oversold and the macd is rolling positive. I can't wait to see the .47s disappear!
cmkxman
Re: MNI - "BRIEF: For the nine months ended 30 September 2008, The McClatchy Company's revenues decreased 15% to $1.43B. Net income totaled $23.2M vs. a loss of $1.3B. Revenues reflect decreased sales from circulation and lower revenues from other segments. Net income reflects the absence goodwill and newspaper masthead impairment expenses, decrease in interest expense, presence of gain on sale of SP newsprint. http://www.mcclatchy.com/"
Book value $4.56 also per clearstation for same quarter.
http://clearstation.etrade.com/cgi-bin/fundamentals?Event=profile&Symbol=MNI&Refer=http://www.clearstation.com/cgi-bin/focus
The company for it's source of filings:
http://www.mcclatchy.com/
cmkxman
PARD finding intraday support now. Hopefully it's found its near term bottom for a nice pincher/swing trade.
cmkxman
Bid holding and up for PARD. eom
cmkxman
IBIN up 12.90% again for HOD. eom
cmkxman
So it's an insider whose buying shares rather than the bottom fishing swing traders! Wooo hoooo............I think. lol
If I don't hit the perfect bottom, I hate myself. I despise lost profits! I really loathe being too early or buying into an existing rally. I'm only happy when I hit 'em just right bottom to top. And that doesn't happen everyday so I'm not very happy most of the time. I guess I'm simply content that I'm not losing my ass, but rather ahead overall week to week. Whatever.
cmkxman
I guess I shouldn't complain as IBIN is holding support very nicely and looking extremely good for tomorrow. It's just hard watching and waiting for water to boil or watching your stock picks, especially after a marginally high and early entry on PARD. Dag dummit!
ckmxman
PARDon me crable, but did you say hardy har har? LOL Oye, but what a day!
cmkxman
PARD oversold on the 1 and 2 day intra-day chart. As long as $1.40 holds, we're looking for the bounce and eod rally to a positive close.
cmkxman
Yes sir! I'm betting on it! eom
cmkxman
Re: NG - You had to bring that one up didn't you! I missed that massive pop and actually bought in a couple days too early to bail before it popped with a loss of 3% to myself! Gawd I really hate myself some days! LOL
ckmxman
I'm in PARD with you as well @ $1.4799 crabz! Another picture perfect pincher setup! Maybe a bit early, maybe not......
cmkxman
Hey crable...........I just noticed your carrying gains on all your trades for the board thus far. No losers!!! I'm still waiting to see 100%+ gainer though. LOL lol
cmkxman
Silver has traded sympathetically with oil and today is no exception. Quite the bubble burst with Silver over the last several months since it's high of $21.oo an oz. back in Feb/Mar of this year. Even more dramatically and importantly to the economic state of the nation, oil too of course has plummeted since it's high of what, $146 a bbl mid-july? Nice bounce off it's recent bottom for silver. I hope we don't see a continued bounce for oil though with the arab nation conflicts, primarily Israel and Hamas at this time. It makes me nervous as it effects corporate profits and thus corporate stock value in such a big way when oil is up and high in price per barrel.
http://www.kitco.com/charts/techcharts_silver.html
http://www.marketwatch.com/tools/quotes/historical.asp?symb=CL08XE&sid=3343724&dist=TQP_Nav_historical_quotes
cmkxman