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#1 hiker

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Posted 29 January 2007 - 03:44 PM

http://stockcharts.c...llery.html?KNOT

note the weekly...I have posted about this one since August 2005 and cannot believe such a simple biz has turned such a handsome trading profit...am having trouble today staying in this one longer, but price action says to stay.

any ideas on the bearish side?

Jan 24th article..note the bulls vs. bears stats -

http://www.fool.com/.../...sit=y&npu=y

Edited by hiker, 29 January 2007 - 03:48 PM.


#2 Jnavin

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Posted 29 January 2007 - 03:52 PM

http://stockcharts.c...llery.html?KNOT

note the weekly...I have posted about this one since August 2005 and cannot believe such a simple biz has turned such a handsome trading profit...am having trouble today staying in this one longer, but price action says to stay.

any ideas on the bearish side?

Jan 24th article..note the bulls vs. bears stats -

http://www.fool.com/.../...sit=y&npu=y





KNOT was mentioned in Barron's over the weekend -- Roundtable discussion? Can't remember and I don't have the paper in front of me.

#3 hiker

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Posted 29 January 2007 - 03:54 PM

thanks, John. 30-31 will be my stop zone for now...until then I will watch the 13 min and 60 min for some signs of the need to sell. a retest of 31.48 may be a reasonable expectation...who knows?

Edited by hiker, 29 January 2007 - 03:55 PM.


#4 CLK

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Posted 29 January 2007 - 03:58 PM

Few divergences, looks toppy for a few points. I could be wrong.

I've had this on my list but options spreads too wide.

http://stockcharts.c...2754&r=5587.png

Edited by CLK, 29 January 2007 - 03:59 PM.


#5 PorkLoin

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Posted 29 January 2007 - 04:03 PM

price action says to stay


Man, I think that says it all. Yeah, it's got a lot of people all bulled-up on it, and it's overbought by some measures, but sometimes they keep on going for awhile. I think the hourly chart looks all right. Conceivably could try for the gap down to 30.10 or so. Closing below 30 would be bad news for bulls IMO.

Doug

#6 hiker

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Posted 30 January 2007 - 12:36 PM

posting has its drawbacks I see why folks are so reluctant to share data or trades in a public forum :D

Edited by hiker, 30 January 2007 - 12:37 PM.


#7 CLK

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Posted 30 January 2007 - 07:51 PM

posting has its drawbacks

I see why folks are so reluctant to share data or trades in a public forum


:D




In my experience, it is often that when I post a good setup on the more well followed liquid
names it does not work out.