Surfer Alerts

sheda · Aug 30, 2013

Whats your reasoning behind this.
~

Quote from marketsurfer:

We are doubling up on the OVTI position here at $15.61

surf

marketsurfer · Aug 30, 2013

Quote from sheda:

Whats your reasoning behind this.
~

Price is in what I call the Value Buy Zone-- to explain things technically, the gap was filled from the late May gap higher and the 200 day SMA has acted as support for the selling so far. I am betting we will see a bounce back by EOD next trading session. The company remains strong despite the weaker than expected number surf

drownpruf · Aug 30, 2013

Quote from Rodney King:

Seems like <i>you're</i> on fire this year. Just about every call has worked out. Makes the surf h8fest on the other thread seem absurd.

lol!

sheda · Aug 30, 2013

Understood. Would not feel at home with it my self until it breaks though on the weekly. Best of luck.

Quote from marketsurfer:

Price is in what I call the Value Buy Zone ~~ to explain things technically ~~ company remains strong despite the weaker than expected number surf

Option_Attack · Aug 30, 2013

Quote from drownpruf:

lol!

yep! on fire!

marketsurfer · Aug 30, 2013

Quote from sheda:

Understood. Would not feel at home with it my self until it breaks though on the weekly. Best of luck.

thanks!

On the upside? Making you a momentum trader? Or downside, buying pullbacks?

surf

actionzip54 · Aug 30, 2013

Quote from marketsurfer:

Price is in what I call the Value Buy Zone-- to explain things technically, the gap was filled from the late May gap higher and the 200 day SMA has acted as support for the selling so far. I am betting we will see a bounce back by EOD next trading session. The company remains strong despite the weaker than expected number surf

Lol, "value buy zone". I'd like you to know surf I'm not hating on you, or trolling you, I find your threads delightful to read. They brighten my boring trading days.

Also, I thought you weren't into TA so why the post about gaps and 200 day moving averages?

startraitor · Aug 30, 2013

I have traded ovti for the better part of the last decade, once it's broken it's not worth my last squirt of piss.

Quote from marketsurfer:

We are doubling up on the OVTI position here at $15.61

surf

marketsurfer · Aug 30, 2013

Quote from actionzip54:

Lol, "value buy zone". I'd like you to know surf I'm not hating on you, or trolling you, I find your threads delightful to read. They brighten my boring trading days.

Also, I thought you weren't into TA so why the post about gaps and 200 day moving averages?

I LOVE TA as a means to describe what has happened. It just sucks as a real time decision making tool.

Rodney King · Aug 30, 2013

Quote from actionzip54:

I thought you weren't into TA so why the post about gaps and 200 day moving averages?

It's well understood Surf is an expert on TA and sometimes runs introductory pieces on it for newcomers http://yhoo.it/11tApxR, but has moved beyond it in his own trading.