Marketmaven, that isn't true all you get are superlatives like QCCOOOOOOOOMMMMMMMMMMMMMMMMM or KLAC yesterday after the move. I've learned ignore the ignoramouses and bookmark those that post good charts not copies of dorsey's charts without any guidelines. MAMA is no longer mentioned (that was a long) Just bookmark those you like and some other threads as well. There was a poster that mentioned GLW yesterday in a rather nice bunch of charts. I think his name was plexxus. I took a subscription there as well (stockcharts) and can now do my own charts and even annotate but I'm working on improving the style. My trading is mosting after 2:00 and begins at 4:00 (when I notice Lee is up and about) an there are fun traders to read.
I suggest you check out the stocks you like in the search menu and see which posters on IHUB have better entry/exit and explanations. Another good poster is AJTJ and he doesn't use superlatives but just posts his charts and ideas. I remember augieboo who posted very nice charts and was very humble and I miss him also! Probably on to bigger and better things than posting his life away on IHUB for free.
Just because someont shouts louder or pounds his chest like tarzan it has little effect. There is a occasional good trade coming out of him just the time frame is usually wrong (i.e. SINA or the golds which did finally move after a big 2 day pullback but I suspect he'll repost the call on GLG from Sunday's newsletter ignoring the fact it was down 2 days sharply.
According to his newsletter from Sunday his new and improved entry target for RIMM was 63 and it went to 59.30 so he takes credit for RIMM. RIMM---61.15 THE BTL---60.00 THE SST---HAS EPS DATE TUES THE 29TH OF JUNE SHOULD BE BLOW OUT I AM LONG AT 61.06 AND WILL HOLD THIS THRU EARNINGS..DO NOT DO THIS PLEASE...BUT I AM UP SO MUCH MONEY HERE OVER THE LAST 4 WEEKS I AM GOING TO RISK THIS. BUYERS CAME INTO THE STOCK ON 2 PRIOR DIPS AT 54 AND THEN AT 57. 63 IS THE NEW IMPROVED 52 WEEK HIGH MAJOR B/O AREA...WE'LL SEE!
If no one should have traded RIMM then why bother? Seems like his updates are a privleged window gallery where we are "allowed" to watch the master day trader at his craft, but we shouldn't do it also. (In the case of SNDK, KLIC, TASR, NTES, SNDK, he was right to exclude us)
Even if he did hold through earnings the 'improved target' never triggered. Others picked up RIMM at a discount yesterday and held through the report.
Many good plays today, and although sure QCOM was one, it was posted plenty earlier (as ZEEV reminded us). Nothing was new or interesting just a regurgitation of the same old semis and obvious 'large cap techs' and most of them not timely at all. Put him on ignore, it could be worse, IHUB can be a 'voice messageboard' and then we're all in trouble!
AI
