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Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:07 pm
by TraderJoe
skittlesmds wrote:TraderJoe wrote:Well, who do you think will win the Herbalife battle, Ackman or Icahn??

After hearing the battle on CNBC, I think Icahn would buy out the company just to spite Ackman.

He does have the money to do so if he wished.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:08 pm
by gappy
TraderJoe wrote:Well, who do you think will win the Herbalife battle, Ackman or Icahn??

Ackman.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:10 pm
by Al_Dente
TraderJoe wrote:Well, who do you think will win the Herbalife battle, Ackman or Icahn??

the lawyers will win
in the "old days" they would pay off ("greenmail") guys like Icahn and Einhorn just to go away
they don't do that anymore?
oy
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:11 pm
by skittlesmds
TraderJoe wrote:skittlesmds wrote:TraderJoe wrote:Well, who do you think will win the Herbalife battle, Ackman or Icahn??

After hearing the battle on CNBC, I think Icahn would buy out the company just to spite Ackman.

He does have the money to do so if he wished.
Don't you tell me what he has the money to do so if he wished. ---- That is my best Icahn impersonation.

Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:14 pm
by Cobra
key time here, if cannot make a new day high then the day high was in as it's the 2nd test of the day high.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:15 pm
by gappy
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:17 pm
by Xian
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:17 pm
by TraderJoe
skittlesmds wrote:TraderJoe wrote:skittlesmds wrote:TraderJoe wrote:Well, who do you think will win the Herbalife battle, Ackman or Icahn??

After hearing the battle on CNBC, I think Icahn would buy out the company just to spite Ackman.

He does have the money to do so if he wished.
Don't you tell me what he has the money to do so if he wished. ---- That is my best Icahn impersonation.

I’m kind of thinking;
Icahn is one of the shrewdest investors around. This is his kind of game PLUS, he has a personal vendetta involved with this trade so he is twice as dangerous.
Ackman on the other hand must get help from the SEC to win this one.
We will find the answer in a few years I guess

Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:19 pm
by gappy
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:22 pm
by PhilM
TraderJoe wrote:Cobra wrote:TraderJoe wrote:Cobra wrote:look how many breakouts this week. Cannot believe people are not interested in my weekly stock picks.

I bought and sold 4 of them this week

Thank you.

No, THANK YOU!!!!
I recently bought three of them and am hopeful of striking it rich!
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:24 pm
by TraderGirl
Al_Dente wrote:TraderGirl wrote:UCO touched this trendline the same day the market made a high so far on 2/13...
boss do u have one of them nice charts for DIG or DUG?
thanks in adv
RSI below is for the top chart (DIG)....pretty much follows a combo of SPX and UCO....
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:24 pm
by Cobra
possible triangle in the forming. bias is up in theory if indeed. wait.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:26 pm
by Al_Dente
Long and short
That neon green aapl should be up there with the other greens
It ain’t
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:29 pm
by Cobra
Xian wrote:Cobra wrote:look how many breakouts this week. Cannot believe people are not interested in my weekly stock picks.

Are you kidding me??? I have a wife, two kids and a mortgage that are
Very Interested.
Can't thank you enough Cobie.

Thank you.

Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:31 pm
by TraderGirl
Forgot to post... today was supposed to be a Big Range day for silver... SLV fell through support of triangle...now support lies around $28.50ish...
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:32 pm
by gappy
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:32 pm
by Cobra
PhilM wrote:TraderJoe wrote:Cobra wrote:TraderJoe wrote:Cobra wrote:look how many breakouts this week. Cannot believe people are not interested in my weekly stock picks.

I bought and sold 4 of them this week

Thank you.

No, THANK YOU!!!!
I recently bought three of them and am hopeful of striking it rich!
Please don't forget the setup is meant for the short-term. Breakout, you take the bait, then remember to partial profit and leave partial to bet your luck. Sometimes you're lucky that the price simply keeps going up but sometimes, the breakout simply faded very quickly. You have plenty of chances buying base and breakout, so personally if the breakout fades, I'd be out with break even, don't want to bet my luck on just a single stock as again, since I can have plenty of base and breakout opportunities every week. Hope that helps.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:34 pm
by Cobra
the reason I think people are not interested is we have thousands of daily readers here but for the weekly stock scans, only less than 500 visits every week, so I think most people are not interested.
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:35 pm
by ClarkW
Al: Not for intraday consumption but here's the GDX weekly chart. RSI, MFI and ChiOsci are approaching extreme but not there yet. Please note the blue trendline and my poor man's attempt at drawing a dome.
Again, it's a weekly chart ya'all!
Re: 02/15/2013 Live Update
Posted: Fri Feb 15, 2013 12:35 pm
by Cobra
volume surge, but price not move much so might be prearranged transactions. but wait...