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My experience as well, but then again, I was a member of the majority group... :) And I've never been bordering anything.

Yes, ok, I'll bite. Given what is known from the statement, and of course what is then explicitly unknown, I would say the reasonable action would be to exit at market. But it is close. Since there is a .5 chance that I'll loose 10%, that yields a -5% expectancy. But, this is not correct, since...

You must be going through a phase. Here, let me help. Pull up a long term chart. See how the averages are all going up? That is a bull market. Bull market=BUY. It is pretty long in the tooth, true, but until a change occurs... I do notice that you seem to waffle around, sometimes terribly...

FWIW I think you are doing a fine job. Sometimes we all get into trades that don't work, but the fact that you analyzed it and took a shot is commendable. Asking for advice in a reasoned manner is also pleasant. Now, you should already have had a stop in mind, so manage the trade and learn...

Hummm, that is a tough one. I think you have the direction correct in the long run; I could see this trade down to 19 or 20 dollar range. But, it is an entry point that I don't usually take, simply because there can be quite a bit of heat between now and when it goes down. I would not expect it...

I'm short again from this morning so I am biased. That said, please see my earlier remarks regarding high volume spikes. This stock will essentially be unable to get out of its own way for quite some time, and should continue to drift downwards. I would not be surprised to see it trade below the...

Looks like the chop and pop, maybe the chop and drop, gap and snap or gap and crap crap-n-snap.... :D Must be Friday.

Well, I have no stake in it at this time so I wish you all the best. Let me simply say that there is a seller for each buyer. Oh, and MM's are a clever lot.

You are in investor then, not a trader. That's certainly cool, but why be so tough-minded? Cassidy's book, "Trading on Volume" comes to mind. Just looked up chapter 10 which discusses these kinds of volume episodes. I cannot imagine what fantastic news it would take to make the price move...

This is near month end, so I think maybe it goes back up into the close, albeit much more slowly than earlier this week. Just a guess re: window dressing, but that's my thought. Long now but kinda hoping to stop out and take the day off... like watching paint dry, but watch I must.

Yeah, not bouncing with as much fervor, but then there's been free money all week, so just work it a bit harder. I'm long 7 off yesterday's low, but I have it on a short leash. 831.30 and I'm off for the day. Otherwise, gotta work it. Gonna take an early Friday and count all the week's haul...

Agreed. Certainly, the r/r is no longer favorable. There are some lovely spots to enter on that chart. I am, however, glad I do not trade stocks much any more. Bad tax treatment and too many charts to look through. Cheers!

Didn't know there was such a thing... :D

Dude, I have been trading a lot of years making money and I can tell you that a stock can and will do exactly what it does, regardless of any chart formation. You called this correctly, but I think you need to chill a bit since 1) luck cannot be ruled out on a single example and 2) the skill...

I did mean to thank you btw for that analysis last week, or has it been two? I got in at $11.18 thanks to you, so kudos again. I think your cyclical comments and 17 dollar target were right on, and obviously it is working now, so again, thanks! I am surprised you took so long to enter, that low...

Out at BE more or less, and for me I hereby declare this trade dead, dead, dead. It is the exception in my opinion, not that that makes a shit difference. Wrong is wrong, and that's the bottom line. At least it has nice range to fix things. Now back to ER2..... Good luck to all!

BLSH-- You and I both know the answer. Technicians are not traders, and without the critical component of time, the prediction is worthless. I will say as well that your last sentence makes it very hard to make coin as well... :D FWIW, I liked the way it fell through yesterday's high, and the...

I do not doubt that ultimately it will go to 61, but my point is simply that I think it will trade lower than yesterday's open before it continues its rise. While it is unusual for these candidates to trade above yesterday's high, it is by no means uncommon, and this behavior gives you the...

Yeah, I was short KTEL, as I recall it was that day it went from like 6 to about 18, and I was short starting in the low 9's and up to high 11's, when there were no more short shares available at my brokerage. Went to bed with that thing like 8 points against me as it went vertical into the...

Frankly, for traders I am a bit surprised at all this chatter. No trader can say which way the instrument is going for sure, but there exist situations that repeat constantly, and when you see one as a trader you are bound to act in the way that favors you, then manage the trade accordingly...