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Post by huh? on Mar 27, 2012 15:13:24 GMT -5
If TVIX breaks into the gap area (move above 6.75), its should go to 7.10 minimum Nice call Mist...it hit $7.07. Did you dump it?
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Post by maxi on Mar 27, 2012 15:14:19 GMT -5
HAL is having a Murphy's Law day. Anything that can go wrong - will! The least of it is it is trading ex - div. But if u went to the HAL yhoo page their is everybody and his brother writing news articles and opinions on why HAL is the lowest POS u could ever imagine. Translation - BUY... lol.... Are you holding HAL Maxi? Yes. Not worried. Not "trading" anymore. Just buying shares when they sell off.... HAL is so undervalued right now it is crazy.... Would like it to go lower actually...
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Post by Guest on Mar 27, 2012 15:24:07 GMT -5
Look back at the past month's chart. BAC really broke out at 8, and never looked back. I think over the next 2 weeks it will backtest that area to validate the breakout. If it holds, I see 12-13 by summer. If it fails..... I agree, although that iH&S could play out first yet this week. $9.50 needs to hold. Agreed, could go either way, but smart money moving out of fins right now after outsized gains. Banks will now follow market, rather than lead it. A successful backtest of key levels by some of the larger banks right here could allow them to lead for much of this year, but big money may be reserved at these current levels. I never play iH&S that occur at the top of a run though...seems that the stock will breakout above the neckline, but then it doesn't reach the minimum target.
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Post by huh? on Mar 27, 2012 15:30:39 GMT -5
Are you holding HAL Maxi? Yes. Not worried. Not "trading" anymore. Just buying shares when they sell off.... HAL is so undervalued right now it is crazy.... Would like it to go lower actually... In that case, I won't post my TA thoughts. Bwahahaha Just as long as it doesn't fall under that "be careful what you wish for" heading that mine fall under all too often. LOL JK & BOL
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Post by maxi on Mar 27, 2012 15:38:12 GMT -5
Yes. Not worried. Not "trading" anymore. Just buying shares when they sell off.... HAL is so undervalued right now it is crazy.... Would like it to go lower actually... In that case, I won't post my TA thoughts. Bwahahaha Just as long as it doesn't fall under that "be careful what you wish for" heading that mine fall under all too often. LOL JK & BOL If it falls "that" low I will write to HAL and ask for a cap AND a Tee shirt!
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Post by theMIST on Mar 27, 2012 16:38:51 GMT -5
Still holding 1k shares TVIX and will trade it more aggressively in next few days. Traded in/out today with max 3k shares.
I think TVIX starts to fill some gaps it left behind during the carnage.
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