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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (20467)11/27/2006 1:20:26 PM
From: Jibacoa  Read Replies (1) | Respond to of 23958
 
I noticed how important TGEN was to you by the way it was at the .....>>>>====> Top of Your List Even !!! LOL

Don't feel that bad about it Ray. Just follow the example of the fox & think the grapes were sour.<g>

The list you are referring was one to watch some stocks with good % gains on revenues & earnings, not necessarily the best one for trading them.<g>

TGEN estimated loss for 2006 is still around $3.80/shr vs. the $2.04/shr in 2005 & that's is one of the reasons it wasn't on that list.(It wasn't based on the look of the "charts",if you look at that which is your department, you should had noticed that on Friday it was getting off the nearterm downtrend coming from the Nov.10-Nov.14 double top at the 4.15 level.<g>) But I know you were taking advantage of the black Friday Bargains & didn't have much time to watch that.

bigcharts.marketwatch.com


Still TGEN has good trading volume & this afternoon after a close intraday double top at the 6.85 level, (12.05PM- 12.11PM) if you had the same "cajones" as Ken you could have made a 10% gain on the short side selling it & buying back at the 6.13 level. (Just remember that 1% is not bad for the day.<g>)

Now wait & see if it will hold above the 6.10 level (in spite of the general market) & if it can trade above 6.20 it may be worth to try & see how far the "rally can carry it.<g>)

bigcharts.marketwatch.com

See, I told you to watch for that 6.20 level.It is now 6.48 <G>