ABK .60 Still could be a bit early and with MBI getting hit with bad news this could see some more downward movement. I'm looking for financials to get a boost soon myself but we'll see. Putting ABK on early radar... http://stockcharts.com/h-sc/ui?s=ABK&p=D&yr=0&mn=1&dy=0&id=p96051008324
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Take a look at shipping (yes, pretty much all of them) GNK, DRYS, OCNF, EGLE, EXM, GNK, DSX, NM and i'm sure there are others.
Do your DD and take the time to understand what pincher plays are about. Don't catch a falling knife, imo wait for the momentum, money and acc/dist to start to turn back up, it could happen only for a short time.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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many financials made a pretty good show this week.
ABK .60 Still could be a bit early and with MBI getting hit with bad news this could see some more downward movement. I'm looking for financials to get a boost soon myself but we'll see. Putting ABK on early radar... http://stockcharts.com/h-sc/ui?s=ABK&p=D&yr=0&mn=1&dy=0&id=p96051008324
quote:Originally posted by BooDog: Take a look at shipping (yes, pretty much all of them) GNK, DRYS, OCNF, EGLE, EXM, GNK, DSX, NM and i'm sure there are others.
Do your DD and take the time to understand what pincher plays are about. Don't catch a falling knife, imo wait for the momentum, money and acc/dist to start to turn back up, it could happen only for a short time.
shipping did well also this week (at least these did ) many stuck catching risistance right around their MA's (moving averages - 20dma, 50dma ect.), kinda like evrything hesitated waiting on the next market move killing some of the pinch indicators after making a fairly decent pinch.
we'll see how mflx does today, looking pretty good on my line to the 20dma for another round of consolidation. I was just looking at some of the etf charts thinking there are many just getting ready to make up their minds to see if this rally can continue or not. i stll like dow 10,2 - 10,6 for now.
btw, see the 50dma coming up on the 200dma on $indu? - i say, don't get your hopes up but would be nice to see a golden cross.
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quote:Originally posted by tmanfromtexas: hlwx is really pinching hard. The RSI is still low but you may want to watch it. TMAN...
Hey there Tman!! hlxw??? setting up tman, need to dd that puppy. I do remember seeing the potential for dilution... check this out tman... http://biz.yahoo.com/e/100218/hlxw.ob8-k.html could be heading for a dead cat bounce again but we'll see.
quote:Originally posted by Free Muney: achn looks good.
still watching for a couple indicators to turn, today certainly didn't help imo. MFI and momo look to be trying to recover and need to boost that rsi up a bit. putting it on radar to see how it performs. Not showing the "classic" pincher signals if you compare to something like ABK, the ppo and adx don't always have to meet like pac man but if the momo works out right it can prove a nice turn.
quote:Originally posted by Free Muney: achn looks good.
still watching for a couple indicators to turn, today certainly didn't help imo. MFI and momo look to be trying to recover and need to boost that rsi up a bit. putting it on radar to see how it performs. Not showing the "classic" pincher signals if you compare to something like ABK, the ppo and adx don't always have to meet like pac man but if the momo works out right it can prove a nice turn.
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cheers Happy Valley Just my opinion. just noticed my signature was missing. Thanks for the comment.
I thought we'd be in for a ride today when the $VIX broke the 50dma this morning. it had its divergence cross over as well. See if my dow 10200 holds. a wee chance but we'll see. I think we were due for a round of consolidation, I'll take that over another crash lol.
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just a couple on my radar that i still need to dd... TCL, HNSN, OXBT, SPWRA, GAME, MDSO, CBKN some may not have the volume to make it even worth trying when they're ready. need to run them through my pincherplays.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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as much as I don't trust HLXW looks like it started to form a base between .14 and .15 i'd say quick flips only on this one imo since there is still big chances for dilution imo.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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quote:Originally posted by BooDog: as much as I don't trust HLXW looks like it started to form a base between .14 and .15 i'd say quick flips only on this one imo since there is still big chances for dilution imo.
Check out BRGO as well...Kind of the same deal with the dillution...Hard to tell where the knife will hit but it's on my watchlist...DYODD
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Saw the move on CHGY Happy... nice! i don't know how many times I looked at it and said nope, not yet! The problem of having too many on the watchlist i guess. Major congrats even if you didn't catch the top.
Watching this one with Mav5x5...
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) many stuck catching risistance right around their MA's (moving averages - 20dma, 50dma ect.), kinda like evrything hesitated waiting on the next market move killing some of the pinch indicators after making a fairly decent pinch.
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