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Re: lowman post# 3923

Saturday, 02/03/2007 10:01:38 AM

Saturday, February 03, 2007 10:01:38 AM

Post# of 51429
Some very interesting perspectives this morning about HMGP recent week. Just last week alone HMGP was up 59% (.195 - .31). This will open the eyes to those sitting on the sidelines this weekend.

This upcoming week will be an interesting one; glad it is the week end to sit back and try to figure out my approach for next week.

The HMGP chart is taking on a wonderful and classic cup but the question is will the handle form as HMGP approaches .40 and then 1. Churn at this level; 2. Form the classic handle with a small FIB re-trace; 3. Just bust right thru and continue the move to $1 land. I might just compromise and take out the seed money only ~.40 for my entire current position.

Yes the Stewart concert was a good one, HOT LEGS all around, (not to mention a few groupies that had no legs at all!!!), but the blond Sax player that Stewart has in his band was an absolute eye popper...legs and all.

Kels

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