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  #1  
Old 10-26-2007, 11:28 AM
the straightshooter
 
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Bought CFC

100 shares @ 15.11
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  #2  
Old 10-26-2007, 11:45 AM
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is this for a hold or a daytrade. Its formating a nice ascending triangle
intra-day, nice gap up today.
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  #3  
Old 10-26-2007, 11:57 AM
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there goes the break out of the triangle
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  #4  
Old 10-26-2007, 12:06 PM
the straightshooter
 
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whodi im holding till mid week next week
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  #5  
Old 10-26-2007, 12:41 PM
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Whodi, my man. That isn't an ascending triangle. An ascending triangle by definition has to have a top horizontal line that has been tested multiple times and then retreated to reaction lows that create the ascending triangle line. Without those characteristics in place the pattern holds no water.
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Old 10-26-2007, 01:43 PM
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Your right, its not an ascending triangle, I did a quick look at it and saw CFC kept testing the 15.30ish area and dropping. It was just a breakout of some sideways action. The call was right as far as the breaking out before it happen just before it was ticking up but called the wrong pattern. Good looking out. My bad
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Last edited by whodi; 10-26-2007 at 01:58 PM.
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  #7  
Old 10-26-2007, 01:45 PM
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Quote:
Originally Posted by Romanowski
100 shares @ 15.11
Nice snag Romo. If I wasn't packing for this trip, I probably would of jumped in on a daytrade. Good Call
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  #8  
Old 10-26-2007, 02:03 PM
JLG JLG is offline
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Great hit - wish i saw this earlier!!!
you guys know of any other stock forums message boards that are more active then this and good forums?
I would really like to learn more about short selling.
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  #9  
Old 10-26-2007, 02:18 PM
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Buying in the basement..

Nice job romo...
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