johnpaulca
12,036 posts
msg #59851
- Ignore johnpaulca |
2/21/2008 12:45:53 PM
CRM...long 53.85
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nikoschopen
2,824 posts
msg #59852
- Ignore nikoschopen |
2/21/2008 1:29:41 PM
R U sure about this? Just for the heck of it, I'm short CRM @ 53.59
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johnpaulca
12,036 posts
msg #59853
- Ignore johnpaulca |
2/21/2008 1:42:08 PM
It has to close above my lower BBands today, if this happens it should pop at the open and I will sell.
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nikoschopen
2,824 posts
msg #59854
- Ignore nikoschopen |
2/21/2008 2:55:43 PM
I jumped the fence as soon as I gleaned at the daily chart, which looks like a good short setup in my judgment. But now that I've looked at the intraday chart, boy, my entry couldn't be more wrong. I got in right at the ascending trendline. Talk about (in)perfetct timing. Well, duh!
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nikoschopen
2,824 posts
msg #59855
- Ignore nikoschopen |
2/21/2008 3:49:28 PM
Just about made up all my losses from yesterday, whew!
As for CRM, I ain't looking for too much of anything with only 100 shares. But if I'm anywhere near correct, this thang can crater back down to 48-ish. Good luck.
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johnpaulca
12,036 posts
msg #59857
- Ignore johnpaulca |
2/21/2008 4:30:34 PM
It was a good buying day...some stops got triggered.
CRM...closed nicely...high probability of a pop tomorrow.
P.S glad you were in the green today.
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johnpaulca
12,036 posts
msg #59858
- Ignore johnpaulca |
2/21/2008 4:58:10 PM
Longs for tomorrow:
WFR...
DO...
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nikoschopen
2,824 posts
msg #59859
- Ignore nikoschopen |
2/21/2008 5:16:10 PM
Here's food the thought. Did you know just about all ure charts display a head and shoulders pattern?
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johnpaulca
12,036 posts
msg #59863
- Ignore johnpaulca |
2/21/2008 9:37:18 PM
I don't normally use chart patterns in my buy decisions. I have a good understanding how price behaves as it approaches and passes through my BBands. I can't give away my holy grail, I hope to sell it to M4M for a nickle...lol.
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nikoschopen
2,824 posts
msg #59866
- Ignore nikoschopen |
2/21/2008 10:12:52 PM
As a BB user myself, I'm interested in the specific parameter that you use for ure BB, which is somewhat unorthodox. Simply put, it ain't the industry standard followed by the hoards. What's the rationale behind it?
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