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Registered User
Joined: 12/31/2004
Posts: 382
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I help setup a account for a friend last year in march.I told him you can pick 3 stock which was MUR,MIKR and cost.I pick PWR and we this left the stock untill now.I donot like the looks of PWR now .Any thought on Pwr.....I pick stocks for ny self and the one I pick for a friends gone up past 100 %...wow wish I could do that for me lol
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Registered User
Joined: 11/1/2005
Posts: 240
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I'm willing to comment on most issues, I would watch how it moves toward the 18 high, it should from the price and vol action give some clues to the direction its headed. I put trend S and R lines above 18 and below 16. I was taught its not important to project the direction of the mkt or a stock, but its ok to have an opinion. trading sideways after the trend is in place is possible? weaker stock and indexes probably have a lower objective.
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Registered User
Joined: 12/31/2004
Posts: 382
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thankyou very much my friend doing very well with is stocks picks and never bad too take profit...I well sell PWR and MIKR well kept costco and HOC.HOC has gone up the must....He told me who he listen too but I forgot but I surly well get is name....
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Registered User
Joined: 12/31/2004
Posts: 382
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oh its not cammer
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Registered User
Joined: 11/1/2005
Posts: 240
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its always best to learn for your self, listening to others can cause disapointments. there are some great books and videos on this site.
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Registered User
Joined: 12/8/2004
Posts: 213
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Its already stopped. If you want to wait until it goes below the 50 then fine. But Bldgs and Const have had their run. Look at sub-industry MG637 General Contractors and industry MG 630 Materials & Construction. They have both broken down technically. cheers
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Registered User
Joined: 5/11/2005
Posts: 14
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PWR will probably break its nearby old high of $18.00.
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