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Replies to #28771 on Tasty Booshers

Jamar_Grip

09/15/09 2:42 PM

#28773 RE: Estimated_Prophet #28771

Very Nice pix...all steel and I note the big steel playres are breaking out today as well... see X.

Jamar_Grip

09/16/09 10:51 AM

#28781 RE: Estimated_Prophet #28771

Thank You again Mr. Prophet. I took yor advise and bought GNA and CPSL. Theese picks you presented also caused me to look into the bigger name steel stocks, and I also bought a bunch of X. All have presented me with me a nice PROPHET this morning, of which I took half and will let the other ride a bit longer. My hat is off to you for keying on this sector.

This gain helped me make up for some of the blunders I have made of recent. I also like very much the type of flag and pennant patterns you seem to favor.

Where and how are you finding these?

wyobuford

09/16/09 3:45 PM

#28790 RE: Estimated_Prophet #28771

Great list! USAP (among others) is having a great day! I love the break-out here and for sure want to see a close above $20.



After that, who knows where this may stop??? A reversal of the falling knife about a year ago may put some nice $$ in our pockets. $25-30 is a nice initial target imho.



Buford T.

Jamar_Grip

09/17/09 11:12 AM

#28811 RE: Estimated_Prophet #28771

Mr. Prophet, that was such a great call on not only one stock but 4 just before each one popped majorily. Here is a question which of course I know is very difficult to answer and each situation must be evaluated, however, generally, do you find that after you have hit on one or perhaps a couple 10-15% pops in a day or two, do you suggest selling into that and letting go, or do you to try to stay on for a few more days to see for follow-thru?

It is, of course, very tempting to take fast gains off the table, but letting winners run can also be lucrative. Do you have any types of rules you follow or just go with a gut feel on each one?