Portfolio of the Week

[New-born baby]

Whick DOH! will it be?

lol ooooohhhh Newborn! Bummer dude!

Yeah. Bummer. Now look at that chart again. CUP formation. Or going to be a double top.

[skiracer]

I always tend to place more emphasis on fundamentals and am therefore pretty much of a novice when it comes to TA. But I recognize there's value in TA (even if it's only because so many follow it, it becomes more-or-less a self-fulfilling prophecy) so I'd be interested in any technical observations some of you pros would be willing to offer on this one:

Rob,
I can't throw a chart up from this computer as I haven't set it up with Snagit and Imageshack yet in my construction trailer office. But it looks like it just completed a double bottom cup and handle formation on the weekly. Small handle at the top of the right side of cup with decreasing volume just like they tell you to look for. That looks like an ascending triangle forming over the last few weeks so that could be a good indication of a breakout to the upside. I'm actually looking at the 10 min. chart right now and it's trading up .73. There was a MACD crossover this morning to the downside and the stochastics are turning down. RSI and CCI are both tracking in middle ground right now. I like the weekly but it would have been nice to catch it earlier this morning. Looks to me like it's ready to track up from here.

[Rob]

Thanks

Thanks, Racer!

LYE!!! SELL PKX ... SHORT OVTI ...

Thanks.

It's just a gut feeling I have, and it can't do much worse than what my other pick has done thus far.

[spikefader]

Sell INSM and that'll do fer the week I think.

[Websman]

That is one of the worst restaurants of all time IMO

What? And I'll bet you don't like double cheeseburgers from McDonalds either. Or how about a good mess of fried Mullet with some hush puppy's, baked beans and slaw? Huh IIC??? Heck, I'll bet even ole Lye never tried any Mullet...

http://www.mulletfestival.com/

[Rob]

So far my short is working somewhat. Rather than losing an additional 1.31%, I gained 1.56% back. Barring any news reports that might indicate otherwise, I think I'll ride that short on out tomorrow. At this point I'm just hoping to break even. Sad, isn't it?

[Websman]

So far my short is working somewhat. Rather than losing an additional 1.31%, I gained 1.56% back. Barring any news reports that might indicate otherwise, I think I'll ride that short on out tomorrow. At this point I'm just hoping to break even. Sad, isn't it?

Don't fret it Rocker Rob...I'm in last place.

[Lyehopper]

What? And I'll bet you don't like double cheeseburgers from McDonalds either. Or how about a good mess of fried Mullet with some hush puppy's, baked beans and slaw? Huh IIC??? Heck, I'll bet even ole Lye never tried any Mullet...
http://www.mulletfestival.com/

mullet festival huh? YEEEHAAAAAA.... I'll be there this fall DUDE!!!!

[Lyehopper]

Lyehopper, I remember when you used to trade MATK. Look what it's doing today, bud.

Yep.... Good company.... Great product.

[Rob]

Mullet

I never tried any mullet. In fact, I didn't even know it's something you eat. When I hear the word "mullet," I think of something like this:



Heh heh ... lawd!

[Lyehopper]

Thursday's Scorecard....

WOW! ol Spike's "walkin the dog" on us fellas! Gonna be mighty hard to beat 23.58%.... Well played Spike!.... Well played indeed!

But it ain't over till the extremely large woman hollers out "YEEEEHAAAAA"!!!! I don't know why I said that.... just seemed like the thing to say.jeje

NY4Ever is back in second.

And I've fallen back to third. ARRRRRRGGGGG!!!!!

[Lyehopper]

I never tried any mullet. In fact, I didn't even know it's something you eat. When I hear the word "mullet," I think of something like this:



Heh heh ... lawd!

HEY!!!! I know him too!.... LOL!

I think he was once a welder at my company or something.

[IIC]

I'd like to know how anyone could think that you would get a decent piece of meat for that price..."Choice"...Not my choice.

At home we eat excellent prime cuts...But we save $$$ too...There is a market here called Gelsons...A bit more upper scale than Ralphs, Vons etc...My wife knows the butchers...They put the meat on sale one day before it expires on the "Best If"... day...My wife knows their schedule...We get filets, ribeyes, roasts etc at about 60-70% off...So you freeze them...That also freezes the date.

PRIME:



CHOICE:



SELECT:

[Rob]

I remember that Gelson's name from when I lived in Van Nuys, but I don't think I ever shopped in one. Just outta curiosity, you wouldn't happen to live in the S.F. Valley, would you, Doug?

[IIC]

I remember that Gelson's name from when I lived in Van Nuys, but I don't think I ever shopped in one. Just outta curiosity, you wouldn't happen to live in the S.F. Valley, would you, Doug?

No...I live in West LA near Century City....Doug