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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

How ’bout dem Semis

RaginCajun Wed May 14, 2008 2:25pm EST 8 Comments

[[SNDK]], [[BRCM]], [[NVDA]] all look good. [[AMD]] hit some major resistance around 7.41, I will add to my position above that level.

Not much going on over on this end, I’m hesitant to buy anything up here. How bout that [[GU]]?

Note: [[TBSI]] looks like it’s going straight to $70

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8 comments

  1. Stockfan
    Stockfan
    May 14, 2008 at 2:33 pm

    Hey Ragin,

    …..

    Stockfan Says:

    Quick question – how do you decide stops and targets for your positions ?

    Thanks !

    May 14th, 2008 at 8:57

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  2. Cajun
    Cajun
    May 14, 2008 at 2:38 pm

    Stockfan,

    I don’t really have a method for stops and target, I trade what i see given the chart & market conditions.

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  3. The Fly
    The Fly
    May 14, 2008 at 2:41 pm

    MU

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  4. Stockfan
    Stockfan
    May 14, 2008 at 2:47 pm

    thx for the response

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  5. Richard
    Richard
    May 14, 2008 at 7:50 pm

    Cajun,

    I’m holding on NVDA for dear life…

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  6. hattery
    hattery
    May 14, 2008 at 9:23 pm

    🙂 tbsi…
    Jeeze it could be nuts if tbsi and drys and EXM break new highs on this momentum…
    I didn’t know you could get bases that big… Drys from 140 to 55 to 140 to 255 to 310.

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  7. Hattery
    Hattery
    May 15, 2008 at 9:00 am

    By the way, DSX beat estimates to the upside, which should be very good for them, as they missed last Q.
    TK on the other hand big disapointment

    EXM, DRYS, and TBSI are still the top 3 imo

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