5 replies to this topic

[beta]

Picking up 1/2 position in TSL. Entry @ 42.3. Looking for a swing back to the highs near 48-50. Warning: this is a "high-beta" play, could easily spike down to hit that gap @ 38 first (will pick up other 1/2 there, if it hits).

Edited by beta, 27 February 2007 - 02:28 PM.

[hiker]

TSL until recently has had the label.."tight rising channel" that we know some traders look for...(those of us who have been here for a while know the traders that like these chart patterns) moved up 100% in about 20 days...sold off...then moved higher I am busy with uraniums...flat solar today except HOKU

Edited by hiker, 27 February 2007 - 02:30 PM.

[beta]

.... wow, check out this market action today, Dow down -246. When it rains, it pours !!

Edited by beta, 27 February 2007 - 02:32 PM.

[hiker]

btw, beta ck out 5.25 to 5.50 horizontal zone on long term weekly for USEG...could be some good stop running if it breaks this level..look for opp GLBL remains bullish unless 14 is taken out NETL making a stand at near term rising bottoms t/l recently broken to the upside

[beta]

USEG -- nice ! Yes, they are RIPPING out the stops today, along with the gutz of alot of bulls. Cant blame many for standing aside today. Likely more down action to come, I think we're only half way there. FRG, HMC also coming into buying range ... entry targets 10/36. Hiker, re GLBL, I think they hit those gaps in the high 13's ...

[hiker]

beta..tuck this one away for long term idea KKD 9 to 9.50 buy zone...not a short term trade...one to sit thru volatility for long hold period...below 9 or so is bearish