Stocky's Diary

[stocky]

12 March, 2006

I will be watching PTSC at open. I think we may have a news sooner. Though it would take a lot of fight to get past 2. But I am not giving up on that atleast not yet. May decide on Monday.

Goodluck all.

[stocky]

13 March, 2006

I am joyed by the addition of eliteG and Michael on the team along with Ramsburg. However, I wont hold my disappointment for not having David actively managing the portfolio. Behind the scene working, I dont think that works ever. You have to be in the hot seat to take 'decisions'. So my little statement of discontent.

[stocky]

14 March, 2006

Low volume sell off in PTSC for two days and most porbably today wont help me decide the selling.  I will be waitinf for the news. I may do some buying near support 1.34.

[stocky]

15 March, 2006

PTSC has shed lot of weight and should be healthy by now. Lets see how its traded today.

Goodluck all.

[stocky]

16 March, 2006

PTSC is developing what could be descirbed as coiling. If we have a positive close above 1.51 tomorrow and followed by some good news then I think you can see the mad rush to buy at higher levels.

XSNX has a tremendous ride. Goodluck if you are holding it. I think PTSC will soon try to catch it.

Holding: PTSC

Goodluck all.

[stocky]

17 March, 2006

PTSC is strong, healthy and volatile as usual. I see it knocking 2 by next week. I am holding my position comfortably.

Goodluck all.

[stocky]

18 March, 2006

Some technical levels for PTSC

Support/Resistance
Type    Value    Conf.
resist.   2.51       1
resist.   2.03       2
supp     1.52      8
supp     1.29      4
supp     1.08      3
supp     0.85      6
supp     0.42      2 
supp     0.10     22


As per stockta.com

Analysis
   Overall                        Short                    Intermediate               Long
Very Bullish (0.53)   Very Bullish (0.51)     Very Bullish (0.57)    Very Bullish (0.50)



My take is that it will need one more news to take past 2 and that may be coming soon

[stocky]

19 March, 2006

I am somewhat withdrawn from the market. Following only one stock at the moment, i.e. PTSC. And that too to keep my random instincts alive. Infact its better to have hands off if you can not give time to your trades. I may follow the path soon. But for now I am ok with it.

LA is rainy and cold, I love both, but I miss sunshine and lively beaches.

[stocky]

20 March, 2006

The action in PTSC today has resulted in support around 1.58 and I wont like to see it closing below this point. I do think that PTSC may rocket with some good news. In the absence it will driftly downward on low volume. I am learning to be patient with this stock. Quite ironic for random trader like me. The truth however is that I am not finding much time to trade. But I am focusing PTSC and think it has firepower left.

Goodluck all.

[stocky]

21 March, 2006

The volume is drying on PTSC and the stock is slowly sinking. I expect it to test support near 1.3 as close as tomorrow or may be a day after. In the absence of news this may continue. However, I do think that PTSC is ready for some news. I am holding on to my stocks but will decide what to do soon.

Goodluck all.

[stocky]

22 March, 2006

I sold my position in PTSC at open today. I think technically the stock is wounded and as I mentioned in my last few posts its going to drift down till some good news comes. At the risk of missing any rally I am waiting out till PTSC has shed some more weight. I can loose small but would hate to loose big. Though I am still bullish on this stock. This one has the potential to double on big news.

Goodluck if you are holding PTSC.

[stocky]

23 March, 2006

I think PTSC may reach tradeable low by either tomorrow or day after tomorrow. Smaller and smaller the downtrending volume gets, we may be nearing bottom. I may be buyer again near 1.3. But for now I am sitting out of all.

Started position in ITKG at open.

Goodlucak all.

[stocky]

24 March, 2006

ITKG is becoming next XSNX or PTSC. I dont know much about the company but will protect my profits if the need arises and in best case scenario will hold on to the ride.

PTSC rose on low volume. If it can sustain the move it should be a good buy at Friday Close.

Bought URIX, ERS, ONEV [for some loose change] and some more ITKG.

Sold: ERS, ITKG

Holding: URIX, ONEV

[stocky]

25 March, 2006

David Randolph is a person who changed a lot for lot of fellow traders. I personally owe him a lot. I am disappointed that David has neither himself commented nor showed up since the changes on the board. I have made this point earlier both in private and public messages. J

For now I will stop posting any messages, unless David shows on the board. Please no offence intended to any fellow 3SoF trader or the present team.

Goodluck all.

[stocky]

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