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Replies to #17397 on lowtrade

inxy

07/26/10 2:07 PM

#17398 RE: lowtrade #17397

YRCW - in @ 0.28 and holding -- not enough funds to move in and out.
.50 would be nice to see. My biggest problem is picking an exit point. Not able to watch the market during the day until late afternoon normally. Home early today, the wife almost passed out from heat exhaustion. Used a stop loss once and it cost me money. Never again.

SpeculativeHoldings

07/26/10 7:22 PM

#17399 RE: lowtrade #17397

Thanks for that post lowtrade... That really spoke to a young guy like myself. I often get caught up in the "get rich today" mentality, and i find myself losing out more than locking in good profits. I watched LYG fall into place nicely, and it's when you post a stock example and an educational story with it that I can really learn... Thanks again. I might not post a lot here, but I'm always watching. Any other sightings that you come across, please feel free to let us know.

I was thinking about playing YRCW again, but I worry on how far away the true support is. What about the chart tells you that when we break .42, we'll most likely hit the .50 cent range at next resistance? Is there an indicator that you use?

Phoenix-Rising

07/26/10 9:38 PM

#17400 RE: lowtrade #17397

Here a question for ya. not penny related.

Im in SHIP average 1.08-.109

I am a way from the computer all day tommorrow.
In you experience follow with a stop limit, today low was 1.16, I would go with that, OR follow with a trailing stop 5%?

indicators still positive, there is a gap of 1.45-1.50
triple bottom says 1.30 exit

carbonic44

07/27/10 1:41 AM

#17402 RE: lowtrade #17397

Did not get in to YRCW but have been tracking it since your alert... very nice call lowtrade !

phrantic

07/28/10 12:49 AM

#17414 RE: lowtrade #17397

Best post I've ever read on iHub.