Posted by fixdgear on 20th of Jan 2011 at 09:40 am
not sure if buying down here is prudent...im long stock and june
options..plenty of time...but if u wud have been avging down you
would be bleeding even worse now.
Averaging down is an option here
but I have taken the prudent stance of taking profits on all of
these “minnows”. There is just too much risk here with the market
being inflated and it will take a very strong stock to buck the
trend. They are so far extended over their key Moving Averages that
some form of mean reversion has to take place or a lengthy pause at
the very least. I am now in a defensive stance and my personal
watch list/scanner is searching for short opportunities rather than
longs
Posted by steve101 on 20th of Jan 2011 at 10:35 am
I posted this in Oct of 08, when it was below a dollar, because
I figured the investment in infrastructure to produce LNG was too
valuable to be allowed to go bankcrupt. It popped to $5 and I was
out. I think it can easily come back to the 4.66 area so be
careful.
LNG
Posted by fixdgear on 20th of Jan 2011 at 09:34 am
DOWN OVER A BUCK IN 2 TRADING SESSIONS....HOLY SHEET..
STOPPED OUT OF FORD ALSO....ILL BE LOOKING TO BUY THIS ONE BACK ...
yep and options with be worth zero hahahahh! thats the plan the boyz hav
Posted by desertrat on 20th of Jan 2011 at 09:35 am
will buy dips on LNG
LNG
Posted by fixdgear on 20th of Jan 2011 at 09:40 am
not sure if buying down here is prudent...im long stock and june options..plenty of time...but if u wud have been avging down you would be bleeding even worse now.
Averaging down is an option
Posted by vimal on 20th of Jan 2011 at 09:52 am
Averaging down is an option here but I have taken the prudent stance of taking profits on all of these “minnows”. There is just too much risk here with the market being inflated and it will take a very strong stock to buck the trend. They are so far extended over their key Moving Averages that some form of mean reversion has to take place or a lengthy pause at the very least. I am now in a defensive stance and my personal watch list/scanner is searching for short opportunities rather than longs
Trend line support at $6.15 for
Posted by ditch on 20th of Jan 2011 at 09:56 am
Trend line support at $6.15 for LNG
nope not buying yet looking at 5.92 i own it i dont do margin or options like i said
Posted by desertrat on 20th of Jan 2011 at 09:42 am
up nice on qid and sds though glad i did do that haha
LNG
Posted by fixdgear on 20th of Jan 2011 at 09:49 am
do u really expect to see $5.92?.....if so i wud dump it all now and then buy it then.
LNG
Posted by steve101 on 20th of Jan 2011 at 10:35 am
I posted this in Oct of 08, when it was below a dollar, because I figured the investment in infrastructure to produce LNG was too valuable to be allowed to go bankcrupt. It popped to $5 and I was out. I think it can easily come back to the 4.66 area so be careful.
thats 39 ema i use as support
Posted by desertrat on 20th of Jan 2011 at 09:50 am
lng been riding 9 ema for a while we will see what mr mkt wants to do. i havent looked at the pivots on this guess i better haha