Portfolio of the Week

[Lyehopper]

Buy PARL market

sell PARL market

short IDWS market.... cover limit .27 ....hehehe

[spikefader]

A tight stop was the missing ingredient in this plan.

The stop should have been above the orange descending line. Yep.... :-/

[Lyehopper]

tweezer smeezer!

sell PARL market

short IDWS market.... cover limit .27 ....hehehe

Spike please tell me I don't see a bullish tweezer bottom on IDWS right here.

Forgot to take into consideration the news story today. My descending triangle might get trumped by a tweezer!....lol

[spikefader]

sell PARL market

short IDWS market.... cover limit .27 ....hehehe

lol careful there Evil Knievel! lol

[spikefader]

Spike please tell me I don't see a bullish tweezer bottom on IDWS right here.

Forgot to take into consideration the news story today. My descending triangle might get trumped by a tweezer!....lol

ya, tweezer at the pivot, not a good thing to be shorting, lol. But hey, there IS a SHS there, with neckline break. The best play now is a short at a return up to the neckline at .54 with a stop at .58. But that's 7.4% risk. Your fill was at .51 by the way.

[spikefader]

IDWS best play now

[Lyehopper]

This is crazy!

lol careful there Evil Knievel! lol

NNNNNooooooooo! the other way!!!! And people really trade this stock! sheesh....10% per tick.... Talk about Vegas!

[Lyehopper]

Spike?

How do you read PARL's intraday?.... Is that an Asscending or Descending triangle there dude? or is that a bull flag?

[spikefader]

lol Lye. With IDWS, you've really got to time shorting such strength really well; preferably into some strength at resistance. Keep r/r really low, and if your entry isn't perfect...I mean perfect, get out at the first opportunity. IDWS is booming on the daily and it could easily pop gap up and run another day or two. It might rally hard last few minutes, vol is coming in now. No way I'd be short if it gets to .59.

With PARL, not really a classic bull flag, and neither ascend or descending triangles. Going to the daily and weekly I'm not really impressed with it. There are better ones out there.

[Lyehopper]

lol Lye. With IDWS, you've really got to time shorting such strength really well; preferably into some strength at resistance. Keep r/r really low, and if your entry isn't perfect...I mean perfect, get out at the first opportunity. IDWS is booming on the daily and it could easily pop gap up and run another day or two. It might rally hard last few minutes, vol is coming in now. No way I'd be short if it gets to .59.

With PARL, not really a classic bull flag, and neither ascend or descending triangles. Going to the daily and weekly I'm not really impressed with it. There are better ones out there.

I hear ya.... I'm agree just trying to spot a trend. Here's what I saw.

http://img432.imageshack.us/img432/3143/parl7js.png

[jiesen]

Here's Lye waiting for .59 to hit...

[spikefader]

Here's Lye waiting for .59 to hit...

LMBO. Classic.

[skiracer]

Praying for a winner. Btw, you guys burned up alot of commission charges over the last couple of days. Am I still in 2nd place?

[jiesen]

not unless SNAK is up 30% or so in AH. You must have missed the part where I picked a 52% winner yesterday and closed it out today...

[skiracer]

Jiesen,
Nice play and smart in getting out with the gain. I missed that as I didn't read back that far. Did you own it also? I had a real good day myself in real life.