The Daily Breakout
Thursday, August 14, 2008 at 9:57 pm
After two days of no breakouts to speak of, today’s strength resulted in four beautiful breakouts.
Team, Inc. (TISI: 17.64 -4.13%) Good volume, great cup-with-handle.
NetEase.com, Inc. (ADR) (NTES: 40.20 +0.42%) Not the most perfect pattern, but the volume has been outstanding.
Genzyme Corporation (GENZ: 56.91 -0.61%) What a fantastic looking breakout!
EMCOR Group, Inc. (EME: 25.19 -0.40%) Check out that volume. This one looks as if it may go parabolic.
No one will take your blog serious with those egregious ads up there.
This place is a ghetto.
lol…that shit is still cracking me up, everytime I look at it.
Please Mr. Fly…Please don’t throw me in the ghetto..
That is fucking awesome. Can Jeremy throw in one of those tomato budweiser clamato cases for good measure?
Shed, you know you love Chelada.
Actually, never heard of it???
I was always partial to the stacked up mobile home apartments.
That was cool Juice. Very cool. Like Redneck F.L. Wright.
$0.05 /lb x 4000 lbs = $200. Yep, that’s about right. Got a clean title?
Hey Wood,
Check out that negative divergence of the MACD histogram and the gay flat volume in the GENZ handle. Good volume on the breakout though and above the top of the left side of the nut cup too.
Hell no…salvage/recovery
Do the beach VB players tape their jugs down, or are they all that flat?
Then off to the crusha with ye.
Junk, I’m an ass man. Haven’t been paying attention.
Although I’ve really been enjoying the beach volleyball.
I’ve got good news for you Shedd. Those VB chicks have dumpers to go along with those boobs, so you’re in luck. Junk’s only requirement: 2 jugs and a muff…
I’m not into shorting stocks but if I was, in this rally I’d short every one of these.
There isn’t going to be a serious rally until most housing markets are down 30%. Look at what it took Cleveland to shake off the madness.
Wood, “Don’t think; BUY GLD” was ultimate classic and much hilarious!
Gunny, what was classic and hilarious about it? For me, it was just another trade. It stopped out, I put the money into something else, and haven’t thought about since. However, since you are still thinking about it, obviously I’m missing some sort of cryptic and enigmatic importance.
I don’t think people like Gunny understand system trading.
Dog, remove the word “system” and I think we will be even closer to the real issue.
What is confounding me is that I wrote this in that Don’t Think Buy GLD post: “Choose a stop based on whatever you want, but obviously, the 200 day average and the trendline must not be violated.”
That advice was excellent. If it were heeded, it would have saved one from incurring losses of ~11%, as GLD is about 10 points beneath the 200 day and trendline.
WS
The Beach Volley ball has been good. I grew up down the street from Jacob Gibb. He is a baller.
http://results.beijing2008.cn/WRM/ENG/BIO/Athlete/5/220725.shtml
Or are you just refering to the Ladies Volleyball. If so, nuff said.