5 replies to this topic

[hiker]

may just scalp it for a daytrade..we'll see:

this former rising trender apparel retailer is bottoming? Note line drawn where it is currently trading...down 24% today

..could still go further down, but how much?...it may need to base for a while before going up much.



UPGRADES & DOWNGRADES HISTORY
Date Research Firm Action From To
24-Aug-06 UBS Downgrade Buy Neutral
24-Aug-06 Friedman Billings Downgrade Mkt Perform Underperform
9-Aug-06 Friedman Billings Initiated Mkt Perform
27-Jun-06 Kevin Dann Initiated Buy
15-Mar-06 Lehman Brothers Initiated Overweight
14-Mar-06 Credit Suisse Upgrade Neutral Outperform
13-Mar-06 Nollenberger Capital Upgrade Neutral Buy
10-Mar-06 Sun Trust Rbsn Humphrey Upgrade Neutral Buy
6-Mar-06 Prudential Upgrade Underweight Neutral
2-Mar-06 Prudential Downgrade Neutral Underweight

Edited by hiker, 24 August 2006 - 10:22 AM.

[PorkLoin]

Man, you got some cojones. Scares me, although it'd be easy to snap back to 21 or so. Doug

[hiker]

Hi Doug - I am scalping with a fast trigger finger on a day like this In and out for pennies the purpose of these posts at the board are to give traders a heads-up alert when bottoming action may be in play over the next few days/months I will not be surprised if CHS tests the 2004 lows...and that may take time. Day at a time. TIE is very interesting from here to 23.38..btw...it will take time to resolve what happens with it. Suggest alerts near 24.50 to start watching it closely...the 50 week ema at 23.50 has been unbroken since 2004...will it break on a downside move this time, if any? best regards....

Edited by hiker, 24 August 2006 - 11:50 AM.

[hiker]

retesting the 17.91 intraday low from earlier

[hiker]

today's low which is marked tested the 2004 low

will the intraday bounce be sustained next week?

Edited by hiker, 25 August 2006 - 03:30 PM.

[hiker]

penetrating the bearish gap of 8/24: