Brett, re-posting this from the bottom of last thread.

I'll go AEM. Setting up a small H&S at the top of a trend. Its bouncing off the 30 day now setting up the right shoulder. Not actionable yet....but can be put on a bearish watch list .

Jamie

Barbara,
Listen to Raimo and Jeff. They have experience and know what they are doing.

I am holding over earnings, but I sold my contracts a few days ago, and bought a small stock position.

What I've heard here on the blog and by others is it's okay to gamble, but be willing to lose the whole amount. If you are okay with that, then let it ride. That's my 2 cents' worth. I am still learning. Thanks again, Raimo, for teaching taking profits. It is helping me tremendously, along with buying on the bounce.


"Never give up." I love that.
Michelle

Just the list I was looking for. Thanks Jeff :)

By the way, Jeff, great Masters Talk session on flags. I learned a great deal from it. I wish you had a visual session for each of your topics on the right. Thanks again for all that you do for us.

HNAVZ..C'mon, someone call me crazy, please..

Raimo,

WTF you thinking? NAVZ in an uptrend, in a strong bull market and you think it's a good put play???

You are cah raaazeee.

Or you been smoking some pot lately...

Barbara, Sorry to hear Dan has a kidney stone. It feels like giving birth. I wish him well.

Almost all Solar stocks are dropping today heavily.

Brett, what is your line inthe sand for NILE. It's very near mine at 93.

--Patti

Jeff,

Where are you hearing this info on RIMM?

Now I am considering buying a contract, just so you know if I do obviously that is my decision and I would not blame anyone else for a loss, but I would give you credit for the gain, lol.

Ben

Man, IV on the front month RIMM options is ridiculous.

Oh well, one 100 call is about 2% of the account so if I am risking all the premium it is still acceptable to me. i too like gambling, with odds in my favor though. :-D

I fear IV will drop so much it will make RIMM need blow out numbers for it to make money, but we'll see.

Ben

Patti,

$93 is strong support.

I am re-posting this for Dan from the prev thread..

KIDNEY STONES!!!

YIKES! Had those myself a few years ago...do not look up what they look like on the internet...I don't know what sick gothic torture those things are derived from......

My advice Dan,...... Johnny Walker Blue Label, start now, don't stop till the bottle is empty..

I did not feel a thing...

Brett- I am with you on the burritos. Nice call... soon to get spicy.

Thanks, Brett. NILE is still in that 93 area.

Ben, You'll have to sell RIMM first thing in the morning before IV drops off.

--Patti

Ben,

I try and stay "connected" to the super-highway of information out there.

I have a few guys I talk to occasionally that manage money that are tied into the beat on the street.

They are worthless for a good trade reco, but once in a while are pretty solid when it comes to information that will surface over a few weeks or so.

To give you an example, this guy has an unreal cost basis in the stock. He's been trading it for years...and he added last week.

I'm not basing my decision totally on this element, but I have a decent cost basis here also, and I have taken profits on most of my recent position.

Think of it as coming across some insider buying.

Hope I don't "crap out."

Jodi out smarting me??

Reposting because no one answered me. :-(

Any thoughts??



Can we talk NTRI? I am wondering if once a stock has a big gap down on news if it traditionally will stay down. NTRI has a history of this in the past, too. I was looking at GRMN and DNDN and this seems to be the trend.

I am trying to take emotion out of the equation and look strictly at what the chart is telling me. It is telling me to hold and enjoy the ride but I am a little gun shy after the GRMN fiasco.

Also, the last time NTRI was down this far was '05. How far back do you consider strong support to be?

This seems to be one of those days for me! Everything I've touched has gone DOWN! I think I will sell out of everything today and take a few days off! Got into LDK early and then it TANKED! Oh well. I have still had the best three weeks overall! Just gave back some profits, no capital. Tomorrow is another trading day!
As a new trader it helps to read the advice that everyone gives! Today has just been one of those days, trading and at work!
scott aka tallred

Thanks for the info Jeff. I may take down a contract just for fun, haha.

Also, if I have pics to send should I send them to your email? I figured maybe I would send some pics so people could make fun of me and introduce myself more and feel "official", lol. Partly because I don't think my profile works when I post on here, does it?

thanks again for everything.

Ben

Raimo, You're too funny! Dan isn't much of a drinkin' man, but I think he was seriously considering it last night. I just hope it's over for him soon.

I have a question. Will someone elaborate on the conversation between Ben & Jeff? I was totally lost in what they were telling us.

Brett,
Take a look at old blog friend GPI for a put.
On my second profit run with this one.

Rd