Comments on: GMI: +6; Short term weakening; Failed break-outs: CMTL http://wishingwealthblog.com/2005/12/gmi-6-short-term-weakening-failed-break-outs-cmtl/ A stock trading blog by Dr. Wish Thu, 17 May 2012 13:50:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Options Trader http://wishingwealthblog.com/2005/12/gmi-6-short-term-weakening-failed-break-outs-cmtl/comment-page-1/#comment-280 Options Trader Fri, 09 Dec 2005 06:19:05 +0000 http://wishingwealthblog.com/?p=673#comment-280 You have a very good perspective on the overall market and trading..Keep up the good work.. IF this market is going to resume to the upside, it is my opinion you will see FDX making a nice move UP right before the general market also takes off to the upside....This is just an observation on my part... Thanks for posting your very interesting blog.. You have a very good perspective on the overall market and trading..Keep up the good work..

IF this market is going to resume to the upside, it is my opinion you will see FDX making a nice move UP right before the general market also takes off to the upside….This is just an observation on my part…

Thanks for posting your very interesting blog..

]]> By: Andre http://wishingwealthblog.com/2005/12/gmi-6-short-term-weakening-failed-break-outs-cmtl/comment-page-1/#comment-281 Andre Thu, 08 Dec 2005 17:04:47 +0000 http://wishingwealthblog.com/?p=673#comment-281 One more assumption, you would have set your stop losss at either 7-8% below your entry point (a la IBD), or at a price just below your entry point approx 39.40 dollars (a la Darvis). Am I on the right track? One more assumption, you would have set your stop losss at either 7-8% below your entry point (a la IBD), or at a price just below your entry point approx 39.40 dollars (a la Darvis). Am I on the right track?

]]> By: Andre http://wishingwealthblog.com/2005/12/gmi-6-short-term-weakening-failed-break-outs-cmtl/comment-page-1/#comment-282 Andre Thu, 08 Dec 2005 16:53:18 +0000 http://wishingwealthblog.com/?p=673#comment-282 Interesting observations about the weakening market Eric. I especially like the new up count. Stop lossess are now my friend. I pulled out CMTL's chart in TC2005 and tried to figure out the pivot point that you used to get into the stock. I noticed that it broke out of a base on heavy volume on 11/21 to bypass its 10/3 high of approx 43/share. So your entry point would have been around 11/3-11/4 at 43+/share. Is that a correct assumption? Interesting observations about the weakening market Eric. I especially like the new up count. Stop lossess are now my friend. I pulled out CMTL’s chart in TC2005 and tried to figure out the pivot point that you used to get into the stock. I noticed that it broke out of a base on heavy volume on 11/21 to bypass its 10/3 high of approx 43/share. So your entry point would have been around 11/3-11/4 at 43+/share. Is that a correct assumption?

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