3SOF

ITs been a long time folks.  I have been busy with getting married and having child and new job.  Now just trying to catch up.  Some of the posts look familiar (names) some dont.   Hope all is well for all fellow traders here on 3SOF.   

Although I have concentraded more of my efforts on Futures, esp.  in GRains and Meats.  But I still put trades on in the market.  So I will share with you what my current positions are.  90% are techincal basis and 10% fundamental.  Dont have time to chart and all that good stuff, but if you look hard enough you will see my reasons why.

Long: IMMU at $4.95 (chart is great and a big private placement at $4.95).
          LNDC at $13.00. 
          KKD at $8.50
          HP at $27
          POT at $98

Short:  NDX at Yest close.  DJIA at close today.  These are for June contracts.
          GOOG at todays close.
Looking to buy:CAAS tomorrow.  High flyer momentum stock with low float, volume has moved in the last two days, has broken short term downtrend, 13 and 26 EMA are turning up.  This stock moves fast, so keep your eyes on the ball when it runs.  always use a trailing stop with this one.

till next post.
see youll soon,
Saffeysite1

Talk about familiar names!! It is very good to hear you are still alive and kickin', and enjoying the blessings from on high being a family man.   I am so happy to hear of your good fortunes.  Saw your email in my box and decided it would be good to drop in (I still do that occasionally now days) and say hello to an old friend.

Welcome back!!

Tire,

How are U?   good to see ur still around and well.  How u doing these days?   Buy any oil and gas wells out there in the Midwest.  OR planting Corn?

-S

Old friend I've got a little APA, COP & EOG (which is looking to of been a mistake perhaps). Almost got some potash but decided to go back into JSDA, CROX & JADE instead.

Retirement here in Oklahoma is good for the most part. Since the Father in laws passing a few months back we've decided we would like to move closer to the kids. So we bot a house out in the country close to Gentry, Arkansas. Then hired our son, who flips houses for a living, to come in and go through the place. This house is still on the market but sitting for the most part. We are still waiting on The Lord to look down and bless us with a buyer.

BTW! I lost the URL of that place where you bot your software awhile back. I've been looking at TCScan Plus as an addon to my Telechart, but would like to see what they might have to offer in the way of price. I'm at [email protected] should you want to contact me via email.

Nice to hear from you old friend

Hi Saffeysite1,

What was your indicator to get in at IMMU?

Currently, $5 looks like a strong resistance on the daily chart.

Declining volume as  the price is going down on the weekly chart is a plus but I would like to see strength first ( a higher high above the weekly 8ma and above the previous week's high)

Looking at the fibonacci extention with points 6.12,5.00, and 5.65, this is what I see as support areas where shorts may cover:

0.000 = 5.65 (swing high)
0.618 = 4.96 (currently resistance)
1.000 = 4.54
1.27 0= 4.23
1.620 = 3.84
2.618 = 2.74

If I could improve my entry, that would be great.

Looking forward to your strategy.

Ares

cheesh!! Thought I was doing a private reply to saffey. My apologies for cluttering the forum

yeah.  tks Art .   Been so busy, sorry havent gotten back to anybody.  Esp. Arts personal emails, not.   

I bought IMMU more on a fundamental basis.  Have some good drugs in trial phase 3.  I have heard that they had a good product on some paperwork I have read, but that could be a long ways away.  chart is ugly right now.  Not a good trading stock.  Hoping it has bottomed out today.  See if it holds 4.50 if not i am dumping it.

Thanks Saffey. SNHY is my biggy right now. Would love an eval on it from the pro's sometime.

Welcome back busy man. How.s the newborn?? And mama doing?

Back on May 15, 2007
Last Posted to thread: June 22, 2007
No sooner than he declared he was back...He was gone with the wind...go figure