finially run my own scans and didn't trust what I found

[Weirdharold]

Being so new and having only recently bought Gary's CD, this week end I ran my first scans on my own... one of the stocks I found was MZEI and wanted to watch it a little while this morning..... I watched it jump by 150%..... with me sitting on the sideline!

Now I think the candle is to large to jump in.


I am learning Gary I am learning!

[slowshoes]

Of course you didn't trust it !
It takes a while to look at a chart and trust what you see. But try to learn something each time.
Like this time
1. You were savvey enough to know NOT to jump in if it didn't feel right.
( chasing a stock after it has start to run can spell disaster)
2. Go back and really look at the chart to see what sign it gave that would be your clues next time.
3. There will ALWAYS be another one don't sweat it.
4. You learned enough to watch this one that's a start.
SS

[Simo]

they'll always always always be a big runner. Hell just last week I sat on the sidelines as POYS gained +1,500% in one day. I'm doing ok, you'll be fine too. :-D

[Therion]

Damn Simo, that must have been hard to swallow...

[Idrove]

Originally Posted by Simo

they'll always always always be a big runner. Hell just last week I sat on the sidelines as POYS gained +1,500% in one day. I'm doing ok, you'll be fine too. :-D

I can't find a chart for that on stockcharts.com There a reason why some stocks aren't listed on there?

-d

[scmfinance]

Originally Posted by Idrove

I can't find a chart for that on stockcharts.com There a reason why some stocks aren't listed on there?

-d

You can let them know and they may or may not list it. I asked them to list one last week and they did within a day.

[greencat]

Originally Posted by slowshoes

Of course you didn't trust it !
It takes a while to look at a chart and trust what you see. But try to learn something each time.
Like this time
1. You were savvey enough to know NOT to jump in if it didn't feel right.
( chasing a stock after it has start to run can spell disaster)
2. Go back and really look at the chart to see what sign it gave that would be your clues next time.
3. There will ALWAYS be another one don't sweat it.
4. You learned enough to watch this one that's a start.
SS

Really good advice.

I have watched many of them myself just go and go. So dont sweat it.And like slowshoes said learn from it..

[Weirdharold]

MZEI -- IMHO is still worth watching-- Opened at .02 went up to .06 then there was a good bit of profit taking and closed at .04 on 9 million volume. It is still above all its SMA's -- RSI is close to 90 -- the full Stochastics is in a trough at 80. Can't find a PR or anything that is driving this....

http://stockcharts.com/h-sc/ui?s=MZE...32&a=115425215

What do yall think?

[greencat]

Originally Posted by Weirdharold

MZEI -- IMHO is still worth watching-- Opened at .02 went up to .06 then there was a good bit of profit taking and closed at .04 on 9 million volume. It is still above all its SMA's -- RSI is close to 90 -- the full Stochastics is in a trough at 80. Can't find a PR or anything that is driving this....

http://stockcharts.com/h-sc/ui?s=MZE...32&a=115425215

What do yall think?

I asked a pro friend of mine about this on on messenger and he said he thought willy wizard was pumping this one but wasnt sure. So be careful

[Simo]

Originally Posted by Therion

Damn Simo, that must have been hard to swallow...

Its so frustrating because my account is so small so I can only really play like 1-2 stocks a week. All my funds were tied up when POYS jumped +1500%

The POYS chart is on bigcharts.com