View Full Version : Monday, 21 June- Rally???
I believe todaywill be a good day for stocks since Wachovia has announced its merger with SouthTrust, buying it for $14.3 billion.
A nice beginning to summer, indeed. :^
God Bless:)
Asluggish opening, but maybe things will shape up.
We'll see.
oneyoungbuck
06-21-2004, 09:33 AM
Yeah, I read the news on Wachovia today also. Hope its a good sign for today. The market has been somewhat of a Flatline these past few days.
D'OH! :shock:
A feeling told me to buy TASR last week. :%
I didn't. :@
It gapped, :}18% today on ungodly volume. :l
So I bought a little. :oo
And theeeeeeeen....
NVEC popped in my mind last week too. :%
It jumped :}33% today on unseen volume. :x
I will wait for a pullback/buy point.
I need to do more "Subconscious Trading"... :D
tsptalk
06-21-2004, 01:46 PM
Rolo wrote:
I need to do more "Subconscious Trading"... :D
I think there is a chapter on that in the trading book I recommended. :u
haha! No kidding? I am so there.
I am going to make a mass book purchase when I get back from vacation, my buy list is sufficiently long enough for it. I am looking for books on candlesticks, too.
[line]
Well, today started up, but the enthusiasm is waning; however, I wouldn't be surprised if the week ended higher.
tsptalk
06-21-2004, 02:51 PM
I'm hoping for some weakness this week with a tentative plan to be back to 100% stocks by the 28th or 29th, to catch that end of themonth / begin of the month historical strength.
Well, today wasn't as great as I had hoped for. Although there was positive news from INTEL and Wachovia, investors are still nervous about the 2 big events of the week- Iraq turn over and the FED.
Hopefully things will look up after the 30th.
God Bless
Rally?
Apparently not. :(
My stocks are The Big SUCK today. :?
:D
Ah, a little improvement in the holdings.
Someone on here said "Charts don't lie" and they are correct. I sold SCSS yesterday pretty much on a hunch. I even contemplated selling it short. I got this today:
SELECT COMFORT CORP (SCSS) - Down by over 5.0%
Change: -1.45 at
Price when alert was set: 26.05 on 09/26/03 09:51:29 EST
Current Quote for SCSS
Last: 27.45
Change: -1.45 (-5.02 %)
High: 28.89
Low: 27.45
Annual High: 32.32
Annual Low: 15.57
Previous Close: 28.90
Volume: 459840
100-Day Avg. Volume: 282922
200-Day Moving Avg: 26.28
Whew!
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