SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Estes who wrote (1689)11/25/1997 2:00:00 AM
From: The Perfect Hedge  Read Replies (2) of 5676
 
**Off Topic**Hi Richard,
I tracked you down.This is probably not the appropriate thread to post to you but here goes...
I am getting absolutely obliterated on EVI.I have been averaging down all the way from $68 to $55 and now it is now at $49.My head is being served to me on a silver platter.I have about 25% of my calls expiring in Dec and 25% in Feb and 50% in May but I need a double in all of them just to break even(I'm way overextended $ wise on this one.no sleep;the whole amatuer bit).I have made every wrong move you can imagine(not cutting losses is the biggest mistake).EVI is an oil service stock and the sector has been smashed.Good stocks have lost 30% of their stock price in the last 2 weeks.I'm dying a violent death.I realize what a loose canon I was with this one.
Technically this stock is barely breathing:mom is -15.63,williams%r is 100,rsi is 13,macd is -3.5,the last ten days are 10 red candles and 50,21 dma have been eclipsed,200 dma is at 47 and we're real close.The stock has gone from 67 to 49 in 10 days.Everyday it's down on no news just profittaking.In fact there has been good news and the stock gets whacked.
Is there any advice you can give technically or anything else?Do you recc averaging down again at some point?Please help if you can.I appreciate it.TIA.GD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News