3SOF

Frankly, I only placed stop once back to 03 and got out of it. To OPWV, it's hard for me to timing it, so I hold my core positions and trade few follow the trend trading indicator. Mostly I relies on ADX associate with RSI.

Thanks David for the tip. May be I shouldn't worry too much about a stock getting delisted because I pretty much buy what you buy. Aslo over 90% of the time when I got stopped out , the stock goes  right back up and I end up a looser 90% of the time.  TIme to follow your strategy 

Thanks for the advice.
P

Thanks for your feedback, fctrade and Pete 

OPWV is on a moderate uptrend, no reason to sell here, every reason to hold.

Patience isn't paying on OPWV. A man wants to be a bit more conservative in his picks and this is what he gets? Well, the market is always right and there's no point in arguing with the tape.

My profit in OPWV turned into a small loss and I'm losing patience, my money doesn't belong to stocks that don't rise !

Just one more chance, if OPWV is set to close below $17.5 I'll sell it today at the close.

Dave, I appreciate your daily take on your positions. Excellent work.
Please don't take this the wrong way but I have question that may sound ridiculous but I only ask it because of other comments you have made.
Are you a full time trader? By that I mean are trading the markets during the entire market day  5 days per week?
Please don't take any offense, but you have mentioned that you also run a business and a few other things that brings that question to my mind.
thx.

No offense taken MPDT, you're welcome 

Actually, I'm going to have lunch now before the open, make my transactions at the open and then I have to run to my small business, my secretary already called twice and I'm needed there. I'll be back only near to the close of the session.

I don't watch the intraday, I do all my work with the markets closed.

Have a nice and safe day trading the markets MPDT, and thanks for your kind words 

OPWV showed some respect after all, but with this anemic volume I don't know, I sense a loss coming.

Anyway, I don't trade on feelings but on a sound trading plan, so I'll keep the stock as long as it is set to close above the ascending trendline. That trendline today will stand at $17.52.

After all OPWV is rebounding nicely from this visit to support levels. Cool  So I'll continue to hold OPWV for the foreseeable future (that is, as long as it closes above the ascending trendline, today at $17.63).

OPWV is still trading on its uptrend channel. The lower ascending trendline today will stand at $17.72, I don't want to see OPWV closing below that level !

Remember, earnings at Thursday, August 4, 2005 at 2:00 p.m. PDT, 5:00 p.m. EDT!
OPWV beated estimates the past 8 or more earnings, the sector/competitors are doing well, hopefully OPWV also!
http://biz.yahoo.com/prnews/050721/sfth092.html?.v=15

Thanks for your input Se7en 

Nice rally on OPWV at Friday's session, 2.6% on a white candle with stronger volume. The trend is still bullish so I still hold the stock.

Results will be out on Thursday and as Se7en said «OPWV beat estimates the past 8 or more earnings, the sector/competitors are doing well».

Enough reasons, both technical and fundamental, to keep holding OPWV.

Another low volume pullback on OPWV. This stock has an uptrend, no doubt about that, but no doubt too it doesn't rise, it doesn't show me a profit on my position.

I could think a lot about this, lose patience, whatever, but I have my simple technical trading plan that keeps me on board as long as there is the perspective, given by the trend, of a bullish move.

So my business is to continue holding OPWV.

OPWV will release results tomorrow after the close. Yesterday we've had an upgrade (Openwave Systems price target upped to $23 by Wedbush - MarketWatch.com) which is a good thing, maybe these analysts know results will come out above expectations.

The trading plan will be respected, nevermind the news. The market will tell me what to do, since I'm not smart enough to figure out if news is good, bad, if it was already discounted, whatever.

For today my ascending support will be at $17.97, a close below this level will trigger a sell on close order.

I believe results were out yesterday, but I can't find them anywhere? Someone has the OPWV's results?

Anyway, the stock closed up 1.63% on after hours.

Perhaps earnings will be the catalyst for the expected rise on OPWV. I'll continue long OPWV if it continues to close above its ascending trendline.

Results are not out yet, results + CC are after the close!