EliteG Infinite Compound Project II: Prototype Portfolio Discussion

[eliteG]

nice eags    I really shoulda stayed in but KRY going against me affected my decision.. I think its headed much higher, even in the short term 12 may be doable and def 10

12 .... 9.69 is the all time high.
I just took out my limit sell order and sit tight.
Cant thank you enough G .. u brought me some green as soon as u came back! i miss it!
applaud again!
Good luck!

thx eags    I'm glad to help out 

Hi Elite...
This showed up after the bell today on OPSW...P 2005-11-29 2005-12-01 16:13:57 OPSWARE INC OPSW OVITZ MICHAEL S Director 45,000 $5.76 ...congrats!

thank you for pointing this out hrob!   .. check this link out:
http://www.form4oracle.com/company?cik=0001100813&ticker=opsw
more buys than netsteering shows.. thats a nice chunk and TA caught that..hehe 
OPSW is gapping as we speak and should open with a nice gap  rock and roll

[ScottishTrader]

Dunno if it is gapping in the right direction tho

I see it at 5.88 AH on Yahoo - hope it sorts itself out in early trading

Guess we'll see tomorrow.  Anyway, am in with you on this one EG, bought in this am on the break of 6.00.  Also updated on your old OPSW thread.  Like the pick, (also SSTI) now let's rock n roll

[eliteG]

Dunno if it is gapping in the right direction tho

I see it at 5.88 AH on Yahoo - hope it sorts itself out in early trading

Guess we'll see tomorrow.  Anyway, am in with you on this one EG, bought in this am on the break of 6.00.  Also updated on your old OPSW thread.  Like the pick, (also SSTI) now let's rock n roll

I saw that ScottishTrader  no problemo there.  Some newbie must have put in a mkt sell order when the bid was 6.37 in after-hours.. they were thinking that they would make a quick buck and got hammered because of the liquidity.  I am guessing that OPSW will open above 6.30 tomorrow.

Glad you like OPSW and SSTI.  They are my favorites as well.  I'll check out your update.  Thx 

[akclide]

Hey G man,
               Instead of buying the stock I bought SSTI january calls.And got some OPSW as well.Thought about suwn but chickened out.Thanks

[dcrlin]

Elite,

I sold OPSW for 5% profit.  When to re-entry?  Thanks for the help.

dcrlin

[eliteG]

Hey G man,
               Instead of buying the stock I bought SSTI january calls.And got some OPSW as well.Thought about suwn but chickened out.Thanks

cool ak  you gotta let me know how the calls go for you.. I was thinking of doing that 

Elite,

I sold OPSW for 5% profit.  When to re-entry?  Thanks for the help.

dcrlin

I think OPSW will continue moving up tomorrow.. I would think it is safe to buy early below 6.40.  Another technical method of entering the play would be the 10am rule(You wait for the high made before 10am to break upwards and then you can buy, this shows that the stock really does want to move higher, you sacrifice some cents for accuracy)

[usedcasting]

Hey Elite, I have never heard of a 10 am rule but I have noticed it myself. I guess it becomes kind of obvious after enough morning trading mistakes. Thanks for the conformation. Also loved the "to let things go for a trader" especially #2.

Thanks again

uc.

[eliteG]

Hey Elite, I have never heard of a 10 am rule but I have noticed it myself. I guess it becomes kind of obvious after enough morning trading mistakes. Thanks for the conformation. Also loved the "to let things go for a trader" especially #2.

Thanks again

uc.

hey uc    10am rule is solid and essential for daytrading if you are not fading the gaps.. hopefully I'll be able to get into more detail about daytrading with 1-2 picks on that per day.

I'm really glad you enjoyed the "to let things go for a trader" thx... I was planning on posting it again on the portfolio thread over the weekend 

---------------

hehe check it out  OPSW gapping above $6.30 @ 6.42 bid 8:30am
-no problemo scottish 

[akclide]

Hey G man ,
              Looking at ONNN and ARBA closely,what do u think.

[eliteG]

Hey G man ,
Looking at ONNN and ARBA closely,what do u think.

lol, had um on the watchlist good eye ak 
ONNN - past its ideal buypoint ~ 5.70-5.80
ARBA - needs a big beautiful candle with big beautiful volume to get me interested but yes I'm watching it.

[wrangler]

BIGN is moving up for all those watching
Goodluck trading to all

[wrangler]

Boy what a stupid thing to do ,,disregard BIGN ,,should have been,,,IES and moving up good

[setravis]

EliteG,Some more outstanding work you have put in place here.
You are so the Man!!! You might want to take a look at IES as Wrangler made mention to you. I have a thread on it in Stock Picking Board.
http://www.3stocksonfire.org/trading/index.php?topic=3754.0
I have read everything on this new thing you got going here,as you should already know,I always do!! Outstanding Work,what else can I say. Applaud,applaud,applaud!!!!!
Now let's rock and roll and make some greens.... 

[eliteG]

Thx setravis.. really glad u like 

IES does look like it could move I just feel like staying away from NYSE and bottom fishing for now.  But I wish you guys a ton of luck. 

[eagerlearner]

hi G  ,
i was wondering what made u think the market may be headed down on monday?
and would u have held what u have sold (SSTI, OPSW, TXCC) if u werent gonna be out on monday?
trying to look into the head of the genius 
Thanks!