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Would you "gamble" on this?


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#1 Rogerdodger

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Posted 11 April 2007 - 07:20 PM

Big volume on left shoulder, less volume on head, lowest volume on right shoulder.
http://stockcharts.c...6552&r=5986.png

#2 Jnavin

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Posted 11 April 2007 - 10:03 PM

I kind of like this Harrah's chart, though.

And then there's Midway Games: a close above the 50-day moving average. Much expansion of volume. A positive divergence on the MACD. Stong up on a down day.

#3 Rogerdodger

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Posted 11 April 2007 - 10:10 PM

I do like that "Dolly Parton pattern" on MWY. :D (This non-gambling game maker loses money every year.)

I always liked Harrah's.
They treat their employees with respect which is reflected back to the customers.

But they are being bought by Texas Pacific and Apollo.

Feb. 22, 2007= Gaming Control Board approved the trade of the Barbary Coast to Harrah's.
In exchange, Boyd Gaming received the former Westward Ho. The swap gives Harrah's two continuous
blocks of Strip frontage (Harrah's, Imperial Palace, Flamingo and the Barbary Coast). The swap gives
Boyd Gaming 87 acres to build their new $4 billion Echelon Place.

Mar. 1, 2007= BARBARY COAST will reopen under the new ownership of Harrah's and with
the new name of BILL'S GAMBLING HALL & SALOON (in honor of Harrah's founder, Bill Harrah).

Apr. 5, 2007= Harrah's to hold special shareholder meeting to approve the company's sale toTexas Pacific and Apollo.



Edited by Rogerdodger, 11 April 2007 - 10:51 PM.


#4 Jnavin

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Posted 11 April 2007 - 10:13 PM

No wonder it looked good! Wait a second -- they're changing the name of the Barbary Coast? That can't be right.

Edited by Jnavin, 11 April 2007 - 10:14 PM.


#5 Rogerdodger

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Posted 11 April 2007 - 10:24 PM

Last time we went to Vegas, we stayed at Casino Royale. (The same week the movie came out.)

I think Harrah's controls it also. It only has 152 rooms but it's right next to Harrah's.
We could park within 50 feet of the casino and our room!
And a short walk upstairs to Outback steakhouse.
100 times odds on $2 craps! LOL!

Ahh! The good old days.

Edited by Rogerdodger, 11 April 2007 - 10:52 PM.