Give me a stock with an ‘X’ in it and I’ll show you a tradable stock. Just kidding but it is true that certain stock speculators are attracted to stock’s with X’s, Y’s and Z’s. In my case you can be certain that its pure coincidence that my 2 favorite stocks at the moment not only have X’s but AX’s. I’d like to create a Scrabble game of just stock symbols… but I digress.
Here’s my latest technical analysis. Feel free to ask questions on how to interpolate the wacky lines, and voodoo mathematics I use.
Henryfools picks Blog 
Any questions?
I guess everybody must be busy making money
Henry,
Do you have a stop price on IMAX?
NO STOPS FOR YOU!!
Just kidding I personally don’t use them much or have one in mind on IMAX but give me buy point and I’ll set one for you and explain why I’m picking it!
Let say I bought IMAX @17.21. What would be the stop price? Do you look at MA or something else?
tnx
Looking the week. I’d say you don’t want to let it fall under 17.
Go ahead and place a stop @ 17 even. That’s the low of the day,
if we revisit we probably shake it out.
Thanks Henry
BTW DVAX is moving
Oh I know!!
going out 4 a bit… yawn…
2:45 pm est. DVAX 1.73 flat IMAX 17.05 down .15
THIS IS WHY I DONT USE STOPS!!
Shit I got stopped out again..(*(&*)&&*^^%%^
Now I didn’t tell you place the stop I just said It’s a fair place to put one. That being said “Stop GUnning” is just a fact of life, and in todays market placing a well calculated stop is impossible IMO. Unless you have a strict system that requires them.
I know. I do not blame anybody but myself. It takes time to develop a system that suits you. I have a long path…..
Good to hear. It’s not a “short” path that’s for sure! Good luck.
DVAX closed right on the 50% retracement $1.84