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#1 hiker

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Posted 17 April 2007 - 12:10 PM

today's high marked by H line represented an intraday volume move on earnings, guidance and other news about 12:03 ET today...CC is tonight

you be the judge whether it is prudent to close longs or short here...

price was trading between $12.20 and approx. 12.30 just before the above mentioned news was released.

weekly -

Posted Image

Edited by hiker, 17 April 2007 - 12:13 PM.


#2 claire

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Posted 17 April 2007 - 12:18 PM



great call ! are you holding??? thanks

#3 hiker

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Posted 17 April 2007 - 12:31 PM

no.

#4 PorkLoin

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Posted 17 April 2007 - 12:46 PM

Daily is getting quite overbought. It can go higher, sure, and it did in late 2005/early 2006. I was gonna say it'd be nice to get some on a touch of 11, but sooner or later this bad boy looks like it's going to try for new highs. Lately, most of my buy orders below the market, where I'm trying to be all clever and stuff, just sit there without getting filled. Doug

#5 Trend-Signals

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Posted 17 April 2007 - 01:01 PM

Van Gogh on my board was pouncing the table since yesterday as well.

Of coures, take a profit at the resistance....


today's high marked by H line represented an intraday volume move on earnings, guidance and other news about 12:03 ET today...CC is tonight

you be the judge whether it is prudent to close longs or short here...

price was trading between $12.20 and approx. 12.30 just before the above mentioned news was released.

weekly -

Posted Image


Edited by Trend-Signals, 17 April 2007 - 01:02 PM.

Market Timing ... Trend-Signals.com

#6 TechSkeptic

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Posted 17 April 2007 - 01:48 PM

Closing longs to take a profit sounds good, and congratulations on the trader, hiker. I wouldn't think it prudent to short with the CCI so high, though. PnF also bullish. Agree with porkloin, I think it's going to at least try for new highs (maybe after some re-grouping, though). I'm not as knowledgeable as you guys, though.

Edited by TechSkeptic, 17 April 2007 - 01:49 PM.


#7 frenchpj

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Posted 17 April 2007 - 09:10 PM

Closing longs to take a profit sounds good, and congratulations on the trader, hiker. I wouldn't think it prudent to short with the CCI so high, though. PnF also bullish. Agree with porkloin, I think it's going to at least try for new highs (maybe after some re-grouping, though). I'm not as knowledgeable as you guys, though.





Prudent or not visa-a-via short is debateable. TD Ameritrade never has any shares to short every time I've tried to short the stock. Anyone else have this problem? :cry:
"Great things are not done by impulse, but by a series of small things brought together."

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#8 beta

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Posted 18 April 2007 - 10:54 AM

Daily is getting quite overbought. It can go higher, sure, and it did in late 2005/early 2006.

I was gonna say it'd be nice to get some on a touch of 11, but sooner or later this bad boy looks like it's going to try for new highs. Lately, most of my buy orders below the market, where I'm trying to be all clever and stuff, just sit there without getting filled.

Doug


Wow, nice call on that tag of 11 ! Im in long here @ 11, for a swing back above 13.
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#9 hiker

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Posted 19 April 2007 - 09:27 AM

the week's low and current price represents a move below the 5-week sma....and note price low today vs. the support t/l on the weekly

delayed daily chart -

Posted Image

Edited by hiker, 19 April 2007 - 09:29 AM.