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
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7 comments:

  1. Broker AMay 22, 2007 at 12:05 PM

    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.

    ReplyDelete
  2. AnonymousMay 22, 2007 at 12:39 PM

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

    ReplyDelete
  3. Broker AMay 22, 2007 at 12:41 PM

    Who are you to talk?

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

    ReplyDelete
  4. JeffMay 22, 2007 at 1:40 PM

    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.

    ReplyDelete
  5. Broker AMay 22, 2007 at 2:41 PM

    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.

    ReplyDelete
  6. JeffMay 22, 2007 at 3:16 PM

    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.

    ReplyDelete
  7. Broker AMay 22, 2007 at 3:18 PM

    We are kicking ass in MVIS today, huh?

    ReplyDelete