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Topic: 52 wweek low???

Steam_Ahead
Member

posted

here's what I think is a doozy question,,,,

(again I'll use IGAI as an example)----
we all read the posts and like to see a stock at its bottom provided it has some positive indicators of a run in the near future......

So IGAI reaches a 52 week low -- and again and again and again ---

Is the 52 week low a good indicator along with good news and revenues etc... to make me buy buy buy??????

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3 steps forward - 3 more steps forward :-)

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10of13
Member

posted

"We" have seen many stock hit it's 52 week low...and no bounce...

"We" have seen great PR's and Sec filings...and no movement in PPS...

"We" have seen fantastic charts that turn around so quick that our jaw is left laying on the floor...

"We" have seen stocks fly for no reason...

A few months ago...there seemed to be a "method" to the madness...now all I am seeing is MM manipulation...

2 months ago I would grab a stock and make 80-300%...today I am grabbing a stock and selling at 20%

Seems at this moment...the "daytrading" is put off..or at least % gains lowered...and more of the swing trading is practiced...IMHO...

Apparently part of the "game" is to be flexible in your trading "ideas" or technique...

Answer to your question...I have no flippin idea!

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Purl Gurl
Member

Rate Member

posted

"Apparently part of the "game" is to be flexible
in your trading "ideas" or technique...."

A very good response, ten of something.

This is why "model" trading almost always fails,
in the long run.

We are plastered with all kinds of advertisements,
email, internet and especially late night tv which
taunt riches instantly through books, software,
through seminars at the Hilton.

None work.

Markets are very dynamic and shape shift according
to thousands of externalities. You bought software
three years back which guarantees riches. That
software does not compensate for today's energy
costs, changing sentiment about Iraq, loss of
consumer confidence, inflation, on and on.

There are no dedicated methods which work.

A combination of your mind and your experiences
is the only method which works. Traders must
adapt to constantly changing conditions, often
changes over hours or days.

This is why keeping ahead of world news, national
news and local news is critical. Clearly keeping
ahead of business news, daily, is very important.

Beyond this, deep and intensive research of a
potential company is significantly critical
as well as keeping daily tabs on the company.

Your comment is right on target, ten of something.

Purl Gurl

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T e x
Member

posted

In this application?

I like "10 of Yoga"

seriously? for most bottom/bounce runs?

MMs have to be ready to let 'em go...

what do I mean?

they need an inventory of cheap shares that they're willing to let go....

otherwise, you're fighting MMs...almost always a losing proposition in pennies, by definition

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Upward Trend
Member

Rate Member

posted

quote:
Originally posted by 10of13:
"We" have seen many stock hit it's 52 week low...and no bounce...

...............................
...............................

Answer to your question...I have no flippin idea!

Say it like it is,,, that's why we all love you 10of___
And it seems you title is taking a beating here :-) Regardless, you're a 10 in my books.

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Work Hard / Play Hard

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10of13
Member

posted

Yes i know...my 10 title is abused daily...particualrly by these 2 wonderful jokers... [Big Grin]

but they are the ones that truly tell it like it is...
upwardsteamahead...if you find a method that is "fool proof" please pass it on...

GLTA!

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Purl Gurl
Member

Rate Member

posted

"10 of yoga"

Nah, nah, Tex.

Ten of Pentacles.

http://www.learntarot.com/p10.htm

Fits my lover quite well, yes?

Purl Gurl

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Purl Gurl
Member

Rate Member

posted

In my native tongue, Ten of Pentacles, enunciation
of your moniker will hurt your mouth.

"awah tuchina a pokoli"

thirteen of ten - literal

ten of thirteen - English interpretive

awah - tuchina - a - pokoli

Ah Wah - Too Cheen Nah - Ah - Pohk Ouh Lee

pohk is like poke in sound.

awah tuchina - thirteen
a - of
pokoli - ten

No Choctaw word for pentacle.

peak - pakanka or wishakchi
highest point - tabokoa
top of the head - iyatobokoa

wishakchi a pokoli
tabokoa a pokoli

Purl Gurl

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10of13
Member

posted

Yes it does...

Wishakchi (peak) a (of) pokili (10)

tabokoa (highest point) a (of) pokoli (10)

Can you tell me what the tenth child of thirteen
would translate to?

And thank you for the 10 of pentacles means allot from you!

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Purl Gurl
Member

Rate Member

posted

"alla awah tuchina a pokoli"

ten of thirteen children (alla)

"alla awah tuchina a alla tek pokoli"

ten(th) girl (alla tek) of thirteen children (alla)

"sa alla tek pokoli"

I am ten(th) girl

Purl Gurl

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10of13
Member

posted

OK...LOL..my mouth hurts... [Big Grin]

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Purl Gurl
Member

Rate Member

posted

"my mouth hurts..."

Oh my, could I run with your words!

Want me to kiss your mouth and make
it feel better, a lot better?

Choctaw is fun. Yes, Chahta anumpa, Choctaw words
are hard for English speakers to pronounce.

Lots of nasalization, exhales and tongue twisting
plus you have to think, noun, adjective, verb
which is backwards to English.

During my childhood, our family was very
large like yours, a bit larger, actually.

Ten of Pentacles seems to fit you well.

Zero of Jokers seems to fit me well.

Purl Gurl

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10of13
Member

posted

I just knew you would comment on my wording...was going to edit and decided to let you have fun... [Big Grin]

You are most defintely a "treat"! I enjoy reading your posts on the different stocks...thanks for allot of learned lessons!

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Purl Gurl
Member

Rate Member

posted

I would not be interested in ranting if not
for good people like you, ten of something.

Besides, I am just setting you up to sucker
you out of your money.

Purl Gurl

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10of13
Member

posted

quote:
Originally posted by Purl Gurl:
I would not be interested in ranting if not
for good people like you, ten of something.

Besides, I am just setting you up to sucker
you out of your money.

Purl Gurl

LOL...ever try getting blood from a rock...?
Besides...I have to actually "have" money before you can take it...you'll have to stand in line behind the MM's...right now I am dancin' with them... [Wink]

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Machiavelli
Member

Rate Member

posted

no one can predict the stock market... regardless of trading method.. past results doesn't necessarily predict the future in trading.... only in blackjack is this possible because if you can balance high cards to low cards you can reasonably predict if the next batch of cards is either/or ... anyways in trading the only reasonable method without trying to predict what the market or a stock will do is to identify the "trend" and go with the trend.. whether up or down.... you've all heard the old saying.... The trend is your friend...

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