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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (22147)5/5/2003 10:23:47 AM
From: CommanderCricket  Read Replies (1) | Respond to of 206092
 
Flipped my MIR shares this morning for a nice weekend gain.

With the comments from several of you along with my weekend research, I'm no longer comfortable holding MIR other than for a trade.

Thanks all,

Michael



To: CommanderCricket who wrote (22147)5/5/2003 2:17:54 PM
From: chowder  Respond to of 206092
 
Dear Dream Chaser!

One of my favorite candlestick patterns is the hollow red candle. When one of these appear, I'm looking for the price to gap up in any of the next 3 days. Today, MIR got that gap 2 days following the hollow red candle. This is very bullish near term. If you get above average volume today, you'll have confirmation for additional upside near term.

The best part about the way I use my analysis is that it leaves room for me to change my mind very quickly, thus taking advantage of any quick movement in price movement either to the upside or to protect profits.

stockcharts.com[h,a]daclyiay[d20021105,20030505][pb50!b200!b20!i!b10!f][vc60][iut!Ub14!Lh14,3!Lh21,10!La5,17,9!La12,26,9!Lg]&pref=G

May all your dreams come true. <ggg>

dabum

EDIT - Oops! Now I see that you sold. Sheesh, just when I was feeling good about that gap up in price and the possibility of an above average volume day. (I still don't like the outlook for this one as much as RRI though, from a technical standpoint.)