calebb Posted October 8 Report Share Posted October 8 look to go short intraday on RMBSlooks decent on 5 min chartstochastics look overbought Quote Link to comment Share on other sites More sharing options...
dondiezel26 Posted October 8 Report Share Posted October 8 looking at rmbs right now.....it is trading up right now....doesnt look like you will be right....but a midday fall off could happen....but that would be natural!!!! Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 yeah exactly.look for it to break yesterdays close and go short Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 i mean, if youre aggressive Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 futures are upnot a good sign for shorts obviously Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 anyway, im talking very short term like 25 cents Quote Link to comment Share on other sites More sharing options...
danfury Posted October 8 Report Share Posted October 8 I just dropped 50 Large on Pharotech! Quote Link to comment Share on other sites More sharing options...
roddigga Posted October 8 Report Share Posted October 8 Originally posted by danfury I just dropped 50 Large on Pharotech! BOILER ROOM!!!!!!!!!!! GREAT GREAT GREAT MOVIE!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
njstacked2 Posted October 8 Report Share Posted October 8 Calebb...I went long TMTA yesterday....if you like RMBS nyou will love TMTA I got filled Pre Market at 3.99! I made $2400 on 3000 shares....I am looking into another BReak Out opportunity right now...."I used to think that was all the money in the world ...now it is just a days pay" -Gordon GeckoDave...When I am right I am right! Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 Originally posted by njstacked2 Calebb...I went long TMTA yesterday....if you like RMBS nyou will love TMTA I got filled Pre Market at 3.99! I made $2400 on 3000 shares....I am looking into another BReak Out opportunity right now...."I used to think that was all the money in the world ...now it is just a days pay" -Gordon GeckoDave...When I am right I am right! hahaha good quotebut im not reallly into cheap stocksrmbs is showing weakness on the 5 minSAP looks like a great breakout though Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 SAP is also an awesome volume breakout Quote Link to comment Share on other sites More sharing options...
njstacked2 Posted October 8 Report Share Posted October 8 Here is part of my strategy....- A 50/125 SMA cross would have signaled entry into a seccurity as they climb- Almost all are near 50/125 cross- Most are less than 100 million shares outstanding- Most all had 500K to 1mm ave. volume at/near 50/125 cross- Most all currently (and likely at the time of cross) have Investor Business Daily Group Strength of "A" or better- Most all currently (and likely at time of cross) have Investors Business Daily Composite Rating of "80" or betterI like Momentum and Breakouts............ Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 Looks like a pretty sound strategy.I like to use the 50 and 100 day MA.But I'm more of a fan of gap ups and downs. Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 I have a nice alert set for ANF at 31.00It'd be a nice short Quote Link to comment Share on other sites More sharing options...
calebb Posted October 8 Author Report Share Posted October 8 what did i say about RMBS?Precisely.2 points to the downside, Quote Link to comment Share on other sites More sharing options...
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