Tuesday, May 22, 2007

Good Morning World

I picked up 400 shares of MCHX @ $13.99 This is just a starter position.

This is a bottom feeder play, with a bullish MACD divergence, and huge volume coming into the stock as of late.

Also, The Fly loves it, and he is seldom in error.

***Update*** Added 300 shares of MCHX @ 14.4075

7 comments:

Broker A said...

Isn't it funny how your top two winners are my stocks?

Goes to show you, drawing straight lines on paper is gay, while being a wll known dick on Wall Street pay off.

mdawsz said...

broker, if I was woodshedder, I'd find you and beat you down with a rubber hose.

Broker A said...

Who are you to talk?

Last time I checked, my stocks rule your winners list too, liver lips.

Woodshedder said...

Ahhh isn't it enough for you that I have been converted? No, you have to go and add insult to injury.

Here's the rub. I will never be a well-known dick on wall street, but I can draw lines on paper for the rest of my life.

I should also mention that my return last year was higher than yours, and that I was profitable until I started visiting your site.

Broker A said...

Wood-

I was up 27% last year, while managing an exorbitant amount of U.S. currency.

NOTE: Way to man up on that MCHX trade.

Woodshedder said...

Fly- I was up 32.6%, starting with 100K, and using only charts with squiggly lines to trade off of.

Probably not an apples to apples comparison.

Broker A said...

We are kicking ass in MVIS today, huh?