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Thanks, Matt

BGI

Posted by RichieD on 8th of Sep 2016 at 11:57 am

BGI

Posted by RichieD on 7th of Sep 2016 at 08:22 pm

Been waiting for this stock to make another run higher.  Would crossing the 9EMA be the right place to buy?

Chart link

There's a saying that goes:

"There are three things that cannot be retrieved: "An arrow shot from a bow, a word spoken in haste, and a missed opportunity".  The last two are right on point.

No offense intended to anyone.

Don't end up like us old codgers who often worry about being wrong and therefore miss out on those golden opportunities.   Smile

Steve: Reviewing 400+ charts for the benefit of us all

Posted by RichieD on 2nd of Sep 2016 at 08:04 am

must be exhausting....but is much appreciated by this subscriber.

Where would your buypoint be - crossing $4.03?

SYUT

Posted by RichieD on 1st of Sep 2016 at 10:19 am

Been following it on the 5 minute...

Long CYTK Update

Posted by RichieD on 1st of Sep 2016 at 09:49 am

to see if it came back down on lighter volume to afford an entry similar to an example Matt used the other day.  Been crushed since the open down to $12.05 in less than 15 minutes on equally heavy volume.  What was that all about? 

Talk about a fickle market.  I very much appreciate my conviction to sit on my hands the opening 15 minutes of each day, regardless of action

That cannot possibly be the case

Long OCUL Update

Posted by RichieD on 31st of Aug 2016 at 11:29 am

Given all the retirement plans out there, I would venture to guess there are at least 100 long-term investors for every day trader out there.  Probably more.

managing a daytime job that only allows us to check things out once/twice a day. 

As best I know, with Fidelity I can create a conditional trade, but not sure I can also set a stop (in advance) before the trade executes and is confirmed on the buy side.  Does anyone know if that's possible?

Seen this trend with stocks repeatedly in the last month or so.  A sign of that traders lack conviction?

Wish I could've been at my computer screen all day today to take advantage of this.  Congrats to those who did.

but I wasn't.  Took my profits on August 17th at the start of that big red candle.  Took it off my radar two days ago when I had to focus on two critical issues that came up at the law firm I manage.  Little consolation in a "moral victory".  

As John Lennon once said: "Life is what happens to you when you're busy making other plans".  I will take something away from this and be a better trader for it, just not sure what that is right now.

that because some of us work other jobs for a living, don't have sophisticated trading software at our disposal, and don't stare at stock charts on a screen from 9:30am-4:00pm five days a week (nor do we put in hours upon hours before or after), our expectations for success should be modified and not be compared to what you and Matt experience daily.  I'm happy doing half as well.  "If you don't put in the time, you shouldn't expect (quite) the same results".

Thank you both for the many lessens provided.  I for one am most appreciative and try to take advantage, but also have realistic expectations given the time I have to put into trading.

Is BGI setting up for a big move?

Posted by RichieD on 18th of Aug 2016 at 02:32 pm

I haven't tracked this officially but.........

Posted by RichieD on 12th of Aug 2016 at 12:15 pm

it seems like whenever the gold/silver miners open the day strong, they sell off for 1-1&1/2 hours going into the lunch break, then gain strength/pick up interest around 1:30pm into the close.  Anyone else see this pattern?

Perfect, Steve. Thanks for remembering

AAOI Daily

Posted by RichieD on 12th of Aug 2016 at 12:11 pm

My gut says it will rally higher next week, but I'll let the chart do the talking, and look for a positive move above the top of the doji.

AAOI

Posted by RichieD on 10th of Aug 2016 at 12:36 pm

Gapped significantly higher last week, drifting lower since.  Bought at $11.05, sold out at $14.90 last week, thinking of re-entering on this pullback.  Stock just filled last week's gap (low today of $13.49) and has moved up a few cents.  8 EMA sits at $13.39.  What price would indicate a positive reversal and suggest a buy with a tight stop at the 8 EMA??

There was 28.5K of volume on a 25 cent stock. This may have been one person taking a $7,000 position.

Yes it's only a swing spec play. 

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