betyerbottomdollar 169 posts msg #55918 - Ignore betyerbottomdollar |
10/22/2007 7:38:58 PM
I bought FSTR right after a pullback last week and have since eaten something like 15%. Why? What is so bad about this stock? Nothing. This is a classic panic sell right before earnings call (on Thursday, 25th).
In fact, this stock rocks!
Not only is it in the IBD100 (my favorite watchlist), but the good news keeps coming.
"PITTSBURGH, Oct. 18 /PRNewswire-FirstCall/ -- Pittsburgh-based L.B. Foster Company announced that it has been included in the prestigious Forbes Magazine 2007 Best Small Companies in America."
I know that doesn't mean much, but I think I see this one as a great bargain.
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betyerbottomdollar 169 posts msg #56169 - Ignore betyerbottomdollar |
10/29/2007 9:47:19 PM
You know, after reading my previous post I realize how much it sounds like a pump scheme...didn't mean for that to happen.
This is how it is shaping up since that post.
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johnpaulca 12,036 posts msg #56177 - Ignore johnpaulca |
10/30/2007 12:08:46 AM
FSTR is a great stock ..love the company.
I bought ILMN on friday just before the market closed.
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betyerbottomdollar 169 posts msg #56208 - Ignore betyerbottomdollar |
10/30/2007 7:11:40 PM
What's your strategy? I know you use some crazy Bollinger Band indicator...I have never seen anyone use anything other than the 20, 2. I would like to test your filters on my watchlists if that is possible.
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johnpaulca 12,036 posts msg #56263 - Ignore johnpaulca |
11/1/2007 9:28:05 AM
I use very simple filters. I wait for stocks to correct and find support before entering. I find strong stocks will bounce off that crazy bbands(40,0.4) I use so frequently. I also keep an eye on volume making sure it's shrinking while correcting...that's it ...K.I.S.S method
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fokane 74 posts msg #56266 - Ignore fokane |
11/1/2007 10:27:16 AM
Good earnings results from CPLA today.
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johnpaulca 12,036 posts msg #56271 - Ignore johnpaulca modified |
11/1/2007 11:55:21 AM
nice call fokane. I got into xray this morning...came up in my rinky-dink filter (see filter above).
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fokane 74 posts msg #56272 - Ignore fokane |
11/1/2007 12:42:28 PM
I can't believe i never heard of this stock until today! Check out the 1 year chart, its nice..the kind of stock you want to be in.
I have to admit i've never used BBs, but i will take a look at the filter and see how it goes. thanks.
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johnpaulca 12,036 posts msg #56275 - Ignore johnpaulca |
11/1/2007 1:23:33 PM
a nice entry would be to see it test support...it had the same pattern back in august.
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betyerbottomdollar 169 posts msg #56920 - Ignore betyerbottomdollar |
11/21/2007 7:50:25 PM
I hope I wasn't the only person who bought this one at a low. I sold it for just over fifty bucks (my sell point is always above the top bollinger band).
Anyway, enough about FSTR
Here is another set up I bought into. ININ popped up on my screen Monday and today. Look at how beautiful this pennant is forming! If we can get a good day or two in the markets here soon this one is going to pop.
What do you guys think?
And what happened to the chat feature? I have been gone for a couple of weeks...I see the logs stopped Nov 1.
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