I have had GROW since the break out at $25. It has an ROE of 69% with no debt. IMO stocks with high ROE should be kept rather then sold if they appear to be leaders. I have really been astounded at the volatility of IAAC. 5% to 10% intraday moves up or down are quite common. I lightened up on my IAAC today. I also added shares to PEIX. The stock has risen on heavy volume and fallen on light volume as it works its way higher. The consolidation is tight. And it seems to be correlated with unleaded gas prices which have been on a tear over the last five weeks.
Attached, please find a copy of Today's ES chart. I have once again added the location of the long and short signals. Additional signals (such as trading within the HVS channels, as well as intra-bar longs / shorts) have not been annotated in an effort to avoid confusion. The short / long signal icons do not represent each of my trades for today. For example, I ignored the rule set and attempted to short at 13:11 PM when price clearly fell within a CCC channel. A stupid move which resulted in a small loss (Never think you are smarter than the market ). Feel free to review today's chat room log for additional details. - Spydertrader
ii Now im a bit worried about my charts as I have the 10:00 and 10:15 bar both with a high at 1417.25 which is why I made the comment about the ftt in the chat room. Edit: I went back and checked the time and sales on mine it does have the high on both bars at 1417.25. Would appreciate it if anyone else can check this so I can see if my data is screwed up.
The charts are terrific. The bold channels especially. Seeing the red TL on the FTT coming out of the orange really is helpful to others. The HVS is especially neat to have showing as you do. It certainly keeps the action alive and is showing as a terrific segway anotation. I am not able to get to the chat room for some reason. LOL... Wish I could. I think it is a java or security thing. I'm sure you let folks know in the chat room a lot of whats going on. The charts are terrific.
Spyder, Thanks so much and don't worry wether you took the trade or didn't or how much you made etc.... What's important is that we have the right road map to compare against, it's about learning to drive not where we drive too right
10:00 AM Eastern Time Bar ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1286490> 10:15 AM Eastern Time Bar ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1286492>
Thanks Jack. You can find the ET Chatroom through the following URL: Chat Room Click the Log In Now link (See Image Below) If you still have difficulty, try updating your Java Software at this web site. Lastly, IF security is the issue, you might also try enabling popups through your web browser (or shutting off the pop up blocker) only for the ET Web Site. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1286498>