| StockFetcher Forums · Stock Picks and Trading · Intraday Alerts | << 1 ... 1690 1691 1692 1693 1694 ... 1903 >>Post Follow-up |
| pthomas215 1,251 posts msg #136789 - Ignore pthomas215 |
7/16/2017 8:05:07 PM But you are still endorsing going long on it right now. I dont think my endorsement of GE deserves the personal attack my canadian friend, especially from a guy who 4 months ago went long on Gold, only to watch it plummet for the next 2 days. I guess JNUG wasnt in an uptrend when you bought it. I trade in accordance with Elliott Wave theory, and you can have a downward trending channel with corrective action, which is what i am referring to. |
| johnpaulca 12,036 posts msg #136790 - Ignore johnpaulca |
7/16/2017 8:15:03 PM I said newbies shouldn't counter trade because of the danger. Yes, I counter trade all the time, I have a sound money management strategy. I'm long gold(GLD, RGLD, AEM) and oil. |
| pthomas215 1,251 posts msg #136791 - Ignore pthomas215 |
7/16/2017 8:50:39 PM ok no worries. My apologies for getting a little bent. |
| johnpaulca 12,036 posts msg #136792 - Ignore johnpaulca modified |
7/16/2017 9:24:46 PM No apologies necessary PT....have a great evening!! |
| johnpaulca 12,036 posts msg #136793 - Ignore johnpaulca |
7/16/2017 10:13:56 PM GMED($32.38)....classic pullback within a trend....buy signal triggered Friday. |
| johnpaulca 12,036 posts msg #136794 - Ignore johnpaulca |
7/16/2017 10:16:20 PM SUI($86.99)....classic pullback within a trend....buy signal triggered Friday. |
| Mactheriverrat 3,158 posts msg #136795 - Ignore Mactheriverrat modified |
7/16/2017 10:43:57 PM IMHO - I would be more on watch to keep a eye on MDT for breakout to new highs rather than GMED and SUI. To a remount of price move strong enough to move the EMA(13) to EMA(17) is a strong move in uptrend. Longer term averages on MDT suggest MDT can go higher. GMED and SUI longer term averages suggests slowing of uptrend. Just saying.    |
| johnpaulca 12,036 posts msg #136796 - Ignore johnpaulca |
7/16/2017 11:20:09 PM MDT..it can go either way, up for a breakout or down on a double top. I would be gambling which way it will go so I took my profits and wait or move on to something else. GMED and SUI are classic pullbacks I've traded 100's of time, but nothing is guaranteed, just playing the probability. Market goes up and the probability for these stocks to go up is high. |
| pthomas215 1,251 posts msg #136802 - Ignore pthomas215 |
7/17/2017 3:53:29 PM Whew, MDT took a beating today. I mean, I haven't seen anything get whipsawed like that since Michael Spinks fought Mike Tyson. Just sayin' |
| johnpaulca 12,036 posts msg #136803 - Ignore johnpaulca |
7/17/2017 4:06:55 PM MDT....nasty double top...will probably see low $80's |
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