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Lindsay Corporation Message Board

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  • tigerpac tigerpac May 6, 2008 7:03 PM Flag

    98 Support

    At this level, I really have no idea which way the stock will break. It's wavering on it's 50 DMA. It's drops below and snaps right back.

    This is the reason I have no position right now.

    My gut instinct tells me that we'll see a sharp drop into the low 90's followed by a quick reversal...probably within the same day.

    Nothing is wrong with the company except for the stock separated from reality and went from 57 to 131 in a few months. Lindsay is a great company to hold for the future. But everyone wants a better entry point.

    One day water will be as scarce as oil. Will it be 5 yrs, 50 yrs or 500 years? I'm in the camp that believes it will be much sooner than later, probably within the next 25 years.

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    • I have less of an idea than you do.... I am just looking at a chart that tells me to go long. So I do. Best wishes to you

    • Quit over analysing these stocks, if you ever want to be good. Tiger is a plant, lots of beautiful words but never any direction, opinion for 1, 5, 20, 30 day stragedy.
      Take a look at CLR, NETL. Don't get bogged down on the daily expectation of any of these. Figure out a system and stick with it...It is your only hope.

      • 1 Reply to akfarnorth
      • There you go again akfarnorth. Never any direction? I go short AND long . That is my system. Sorry if it doesn't agree with your system which is always SHORT as far as I can tell. At least I admit when I'm wrong and don't have to start bashing a stock, a company , or other people when things don't go your way.

        The goal is to make money, but to do it with integrity.



        <Tiger is a plant, lots of beautiful words but never any direction, opinion for 1, 5, 20, 30 day stragedy.
        Take a look at CLR, NETL. Don't get bogged down on the daily expectation of any of these. Figure out a system and stick with it...It is your only hope. >

 
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