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The Manitowoc Company, Inc. Message Board

  • ndibari73 ndibari73 Nov 14, 2005 12:16 PM Flag

    Technical bounce in

    We'll, we had our technical bounce this morning. I hope you were all paying attention. I called $1 bounce and then sharp decline. So far, I've been dead on.

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    • Damn am I slow,,,,,,, Why didn't I see that??

      Every kingdom has a gester (Town idiot)!!!!!!

      "WE" have a chat room gester

    • "We'll, we had our technical bounce this morning. I hope you were all paying attention. I called $1 bounce and then sharp decline. So far, I've been dead on."

      Actually, you are correct up to a point; "So far, I've been dead--" was right. Always wonder why people post their predictions or their other bragging to strangers. It's one thing if you are selling your services, it's another when you are wasting your time.

      Just curious.

      For what it's worth, when you offer a prediction and it's right, then the person who took it and made money wants another prediction (what can you do for me now, syndrome). When the prediction is wrong, then the person is your enemy. Either way you lose. Hint.

    • Aw, Is it bouncing the right way ??

      It's bouncing up and it's not monday

    • Let me see if I got that right:
      "I called $1 bounce and than sharp decline"

      I assume when you said $1 bounce you meant up?
      So if that's the case, than the share price should of gone from the openning price of $47.20 to around $48.20 ?? But the high for the day was only $47.70.
      The price fluxuated around a $1, but that's not what you said, you said it'll bounce $1.

      "and than sharp decline" From where?
      From the high to the low ? yes it did that, But it closed @ $47.09, that's not a sharp decline. From the low, it's a gain of $.37, but from the opening it's a drop of $.11. I'd hardly call that a "sharp decline"

    • Let's see A $1.00 bounce ????

      sounds good ,,ooops U meant a $.13 bounce. What a call,,your my type of guy,,calls it right ever time.

      Can I have your autograph ??

      • 1 Reply to burgersboat
      • The $1 bounce did happen in early hours of trading exactly like a said it would. MTW gave back most of its earlier gains due to continued downward selling pressure. Any relief rally between here and $44 is a great opportunity to short. At $44 the value hunters will start accumulating positions that will drive the stock north of $50. The play in the near term is short but there is a better long play after we hit my price target of $44.

 
MTW
19.39-0.57(-2.86%)Apr 24 4:04 PMEDT