Long Arena Resources, Inc. [[ARD]] , despite Wood Cheddar’s charts. May the best man win.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts
I have no position in it, so I hope you win.
However, should you lose, I will still remind you of it, politely.
Go drink some moonshine and shine your guns.
My opinion is irrelevant, but for the record I think Fly is correct, ARD is a long right now. Common sense can trump a chart especially when you have powerful external catalysts like hurricanes and potential petroconflict over Georgia. jmho.
Look, I know that Fly has been long ARD in the past, but I did not see his Fly Buy of ARD until 40 minutes after I had written the post.
It was a look at chart patterns.
oh well I let my secret slip out, although I like charts very much, and find them very useful, I don’t think they are all-powerful.
better go hide behind the couch now
Boca, the chart doesn’t make a stock go up or down. Just because a chart shows a retest of a breakout or breakdown, doesn’t mean anything. It just offers a low risk entry, where you know pretty quickly whether you are right or not.
Viz.
Hog on
I understand Shed, maybe all-powerful is the wrong word and it’s too late for me to think of a better one. Nothing personal in any case Shed, we are all looking at the same market but with different viewpoints.
Fly are you editing Wood’s posts? LMAO
lol…
all of you need a day off 🙂
i love a good showdown.
New King of the Peeg Post is up.
Since we were talking about health and all, I figured I’d “run with it.”
__
PS — Fly, the WordPress Software has instructed me to inform you that a “New version of WordPress 6.2.1 blah blah blah is available, alert the Fly!” etc, etc.
I consider my duty done.
Caught part of “Fight Club” tonight for the first time in years. Life affirming.
Jake, it’s a shame that the one time you’re held over in D.C., the Commies have all decamped to Denver.
Cowardly, no?
Fly versus Shedder?
Thank God, the game is rigged.
They fight, we all win.
http://www.youtube.com/watch?v=jV1bRfLHA3A
http://www.youtube.com/watch?v=3SZE2o5_Wgg
http://www.youtube.com/watch?v=ULRglCQLmDs
One of the advantages of TA is to find low risk entries. You picked a very poor/risky spot to enter ARD 🙁 Get back in the pool.
Cubs, me or Fly?
Not you Wood 🙂
It was directed at whoever is posting as The Fly.
Strangest Broker Call of the day- Friedman Billings reduces it’s price target on TMA from .50 to .25.
the crack spread is really starting to widen here.
Fly Wins Again.
You can all shut up now.
I actually think the chart of ARD looks like a buy
Looks like it’s fading …. Wood may be right