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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (122392)7/27/2005 6:00:43 PM
From: IHateSourCream  Read Replies (2) of 209892
 
Hi mc,

Decided to take another 1/3 of my GOOG shares off the table (now left with just 1/3 of my original position). And I've put the proceeds in another admittedly speculative play. (Since I don't do options, it's my version of the lottery! <vbg>) Do you recall SQM? I think you and I had discussed this Chilean company a while back (as well as the Canadian company POT if I recall).

Beautiful chart except for one fairly major glitch -- almost nonexistent volume. Generally I stay away from stocks when the volume is this measly, but I like the chart so much -- I decided (after some vacillation) to give it a go. Just a small position.

stockcharts.com[w,a]dfclyyay[db][pb50!b200!d20,2!b20!f][vc60][iUb14!La12,26,9!Lk14!Lp14,3,3!Li5,3,3!Lg!Lyb20,2.0]&pref=G

stockcharts.com[w,a]dfclyyay[dd][pb50!b200!d20,2!b20!f][vc60][iUb14!La12,26,9!Lk14!Lp14,3,3!Li5,3,3!Lg!Lyb20,2.0]&pref=G

In case you're curious (I was!) SQM, according to S&P, is "the world's only natural nitrate producer and the largest iodine producer worldwide." Of particular interest, they produce lithium for lithium ion batteries.

We'll see how this one goes.

Hey, congratulations on ISRG! Impressive move today. Does this mean you're treating us all to dinner (perhaps in the Alps)??? <g>

Enjoy! :-)
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