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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Square_Dealings who wrote (1448)2/28/2007 8:20:45 PM
From: DaWentz  Read Replies (1) | Respond to of 1791
 
Amazing is right. I don't get why, but that is one interesting chart to see. thanks

I bought more INGN yesterday. Also more ULBI (bringing my cost down to 10.10) And then today, ULBI announced a good size new contract. (Only small bounce in their price per share, but certain this is a great long term hold at these levels)

Added more CBLI yesterday in the mid 9's. I sold off 1/2 on their last run up to 14+, and I hope you are watching this one too. The chart seems "textbook" to me, but that said:
1) I don't know reading charts as well as you
2) I realize this is a total gamble on unproven biotechnology.
I can only vouch for the Cleveland Clinic. I read CBLI's web site and like the group. Of course it's dicey trading in this environment, but could make some serious dough here, Mike. I got in a 4.60. (remember YOUR finding VPHM at $3 (in fact that chart also looked good over weekend..don't know what happened there on tue..)

Bought more CYTR the day BEFORE crash<g (4.90) and got just killed. In fact, I lost MORE money yesterday in one day that I ever dreamed possible...which is a good comment on how old I am now, and more imp, on the demise of our dollar

Hard to trust this little up/pattern today. You were talking going short weeks ago, and, if you were heavily there, you had to make made a bundle TUE.

I am fearful of the "bad" 'Thur-Fri-carrying-over-to-Mon syndrome ..and what that can do to anyones portfolio.

Spent today selling as much as possible. I sold off my uraniums two weeks ago and was wrong. Got URME in 3's- sold in the 6's (and you can see where URME continued to go...along with FRG- got out at 11) Just seems the whole group is 'crazy hot, and I am not the one giving a OK to new nuclear power plants<g in fact I was sleeping for days in tents on fields risking arrest & jailtime in Santa Barbara trying to stop work on Diablo Canyon Nuclear Plant. It's now up and running of course. Is making $ in uranium now, in hopes of cleaner air, a sellout?

Maybe better to find some overlooked gold/zinc/metals etc..

What's your take on the alt energies for now? Buying on this pullback? Can QTWW get much lower? and good news out on them this am, but profit is a long way off.

QTWW - (first station in LA up....
ALTI - (have this as play on the Tesla - new car made in AZ along with their other applications)
DESC- (Have some and may have to wait as long as CIPH<g
FTEK- VERY pricey on fundamentals but great outfit YOU found
CECE have from 9. hit hard tue., but 'running..
STP/etc (I have no solar now, but sure like the prospects

Here are my unsolicited suggestions in the health area:

OPTN and RSCR both held very well on Tue.
TRMS took a dive last two days. I'm staying and advise you to check the co out. See if this is a opportunity.
I think they will either be bought out or return quickly to 13.5

Hope you fared ok over Tue, and that things calm down.
Odd that of all the reasons for market shock (derivatives/Iran/ housing/cpi/terrorism/employment etc etc ..it was a China tanking day (totally understandable given their 100% increase last year)that sent our US markets down.
Joe Granville (sp?) predicts DOW 7500? oh oh ..!

Craig