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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (21439)9/8/2004 3:48:13 PM
From: chowder  Respond to of 23153
 
JBLU is setting up for a bullish reversal. We have a long hollow red candle, after a steep drop in price and on very good volume.

This indicates that the sellers have exhausted themselves and the buyers are now taking control. This is the type of set up that is good for a short term trade.

stockcharts.com[h,a]dhclyiay[pb50!b200!f][vc60][iut!Lh14,3!La12,26,9]&pref=G

A lower low would be the tight stop loss in this case.

dabum



To: chowder who wrote (21439)9/9/2004 7:47:36 PM
From: chowder  Read Replies (1) | Respond to of 23153
 
>>> TIBX is coming up on the 50 day moving average. If in, stay in and see if it'll break through. I say this because the volume is sufficient enough to help support that move. <<<

Sam,

Nice confirmation today for TIBX. It broke through the 50 dma on above average volume, just as the volume patterns were suggesting it had the strength to do.

Next up, the 200 dma at $7.41.

stockcharts.com[h,a]dhclyiay[pb50!b200!f][vc60][iut!Lc20!Lg]&pref=G

BTW, I also mentioned to you yesterday:

>>> BTW, bought HITK today. Nice break out above the 50 day moving average on terrific volume, just what you want to see.

Money flows aren't what I would like to see yet but, this is the type of reversal I like to play. I will use today's gap as my stop loss in the event things don't work out. <<<

I got a 5% move out of her today on above average volume, yet again.

stockcharts.com[h,a]dhclyiay[pb50!b200!f][vc60][iut!Lc20!Lg]&pref=G

I had one of my best days ever today. I had mentioned earlier I was fully invested and on margin. I picked a good time to take on the risk. My RFMD jumped up nearly 14% today.

I bought NOK last week and added another 8% today. HITK up 5% today and NT up nearly 5% today. These were some of my better performers. I sold out my entire NOK position and looking to re-enter after a few days. I want to see which way this one settles.

dabum