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Registered User Joined: 3/16/2006 Posts: 2,214
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Registered User Joined: 3/16/2006 Posts: 2,214
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Garmin was on the verge of falling @ 104.60
today is 3 bucks cheaper!!!
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Registered User Joined: 3/16/2006 Posts: 2,214
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getting killed now! 98
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Registered User Joined: 2/13/2005 Posts: 368
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Signaltap2,
Congrats on your Garmin call, I hope you got your short at 104 What exactly did you see in the chart pattern that lead you to think it would break down?? Thanks.
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Registered User Joined: 5/23/2005 Posts: 13
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Actually, it popped up on my scan on 12/14, and Worden had bearish notes on it on 12/13 and 12/14. I wasn't real excited about the dropping volume in the pullback, but I went ahead and did a DEC bear spread on this yesterday for a potential nice chunk of change if it stays below 110 until market close on Friday (94.35 today).
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Registered User Joined: 3/16/2006 Posts: 2,214
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GRMN trading $15 LOWER in the last 2 weeks! now @ $90
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Registered User Joined: 3/16/2006 Posts: 2,214
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sunk to $ 88 @ the open!
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Registered User Joined: 3/16/2006 Posts: 2,214
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Garmin carnage now -12% today!!!
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Registered User Joined: 3/16/2006 Posts: 2,214
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$69!!! from $104!!!
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Registered User Joined: 6/24/2006 Posts: 122
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For those who like to short. Expect a short covering rally soon. Grmn has had a nice bear rally. The S&P500 is approaching support @1355. This will ignite a rally. Grmn is about to touch a 62% retracement and a long term trend line. you won't be able to cover fast enough
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Registered User Joined: 3/16/2006 Posts: 2,214
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i'm not in it now, but that's why trade with tick, 1 , 5 ,60 minute charts! also use audio alerts, and phone alerts like when I'm @ stop & shop
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Registered User Joined: 3/16/2006 Posts: 2,214
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$61 wow!
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Registered User Joined: 3/16/2006 Posts: 2,214
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QUOTE (signaltap) Garmin was on the verge of falling @ 104.60
today is 3 bucks cheaper!!!
well, its $43 dollars now just got some shorts from $61 I love to short!, Signaltap
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