lnr.to

[jeff]

for a long long time i only watched but never bought anything from SSP's picked. DWI i almost bought, the next day it gapped up,  and i gave up.

LNR is the only stock i buoght. so far gained 7%. i hope that more gains may follow.

[jeff]

Dear SSP,

LNR is rising nicely, gained 4.82% for today, 14.57% for the week. i couldn't understand why SSP generated  a "sell" order for LNR? it's momentum is still strong in my view. I am so unwilling to sell this one. i have 8.9% gains after today's close.

[Super Stock Picker]

Hello Jeff,

Indeed, LNR is still showing a nice momentum, but we use relative filters. Our system has then been able to find a lot of stocks with more momentum than LNR. Then, it become a sell.

Take care that it is not a good thing to fall in love with your stocks :-)

That being said, if you keep the stock a bit longer, our advice would be to place a tight stop order on it so that you don't loose all your profits too fast if something goes wrong.

[bryanmcn]

Jeff
LNR has a great looking chart. Its "stepping up" nicely with low volitility. If your not a big risk taker, LNR is a better play then some of the other SSP picks.
Which begs the question;

Why is SSP selling LNR and holding dogs like ANP and AZD?

Bryan

[jeff]

thanks for all your advises.

i missed DWI back then before the gap up. now it got picked in V4. I want to follow this time and buy it on Monday. it seems to be another buying opportunity when it had some dips recently. what do you think? i only hope that it won't gap up again. i dare not to chase gap ups or big run ups.

[bryanmcn]

Hi Jeff
The general TA rule is that a stock will retrace about half of its gains before turning back up again. DWI is still retracing. I don't own it but if I were buying I would watch for it to base around the $5.80 range.
My opinion is that its better to wait for it to turn up and lose some gains than to risk losses as it retraces. IMHO.
Bryan

[jeff]

Hi Bryan

thank you very much. i also noticed that DWI's MACD has crossed down. it may indicate that DWI may continue to retrace as you predicted. a safer way to buy is, as you said correctly, when it turned up, and even better, when MACD crossed up at the same time to confirm the new up trend.

I will keep watching DWI

again: thanks. 

[bryanmcn]

It looks like DWI has based and is moving back up. I am in.
Bryan

[jeff]

It looks like DWI has based and is moving back up. I am in.
Bryan

Hi Bryan, thanks for letting us know. I followed SSP and sold my LNR.TO on Monday. looks like i did the right thing. the reason i sold it is not because the chart. On Monday when i sold it, the chart still looked good. i sold, because the volume has always been my concern. by the time when it really turned down, the gap could be big and i won't be able to sell it at the price i wanted. so i sold it while it was still "hot".

but i did not buy DWI. As a TA lover, i'd like to have all the factors as "perfect" as possible. DWI's MACD is still crossed down and haven't turned up yet. that prevented me from buying.

i think it's a good idea if we could share here what we bought and what we sold and why, so we can learn from each other.

[jeff]

Hi Bryan

thank you very much. i also noticed that DWI's MACD has crossed down. it may indicate that DWI may continue to retrace as you predicted. a safer way to buy is, as you said correctly, when it turned up, and even better, when MACD crossed up at the same time to confirm the new up trend.

I will keep watching DWI

again: thanks. 

DWI's MACD crossed up, bought some at 7.27. let's see how it goes!

[bryanmcn]

DWI
I am also in at $7.31
Bryan