Note: Driving by rear view mirror but beats
Weekly Second Opinion - HXL
Ave Daily Vol
U/D 0.7 Slope
SCORE = 3
Moving Average Convergence/Divergence (MACD) indicates a
Chart pattern indicates a POSSIBLE
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under
The 50 day MOVING AVERAGE is falling which is
The 200 day MOVING AVERAGE is falling which is
LOOK FOR SUPPORT AT 9.29
STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE =
IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR
STOCK IS AN EARLY ENTRY BUY
CANDIDATE IF STOCK CLOSES ABOVE 9.10
I got in at 32 and out at 34 because I did not
see any market follow through. The small profit was
nothing to brag on so I didn't mention it. When I don't
argue with the market I keep more profit. Lately I look
for companies with an excellent balance sheet, low
debt load, not like HXL. ITWO looks good and is up
from my entry point, not bad after the roller coster
we've seen lately. I'll be watching this HXL board.
it may be a rotten smell. I took my loss in HXL,
went on a trading spree, for a couple of days in PQT,
PER, LANV, cashed out quickly with a tidy profit and
went to HD and ITWO for some needed rest. That action
helped me recoup my losses in HXL. Meanwhile my HD and
ITWO are up, it is nice to be able to breathe again.
I'll be watching HXL but will let you keep smelling
for the bottom, I'd rather go up where the air smells
may be good advice but I could not stand it
anymore. I sold today, and moved to greener pastures. Of
course, you know why the grass is greener on the other
side of the fence? Because, that's where the manure
is!!!! Anyway, I choose to go with the high flying techs
PER and ADI, I may have been sucked in by the updraft
but I just couldn't hep it.
Unsure: You may be right about IO dipping a bit
further. I think, however, most who were inclined to pull
out during its Autumn slump have already done so.
From all info. I can gather, it's a solid company,
it's just in hibernation.
remains an irritation. Truth be known, I am not a patient
investor -- These two picks are teaching me that virtue.
great! I just took a look at IO after reading
your posts. Agree that it's quite tempting for the
long-term. I think it's going to plunk down into the low 5s
though before it truly bottoms; that's where my limit
order is going to be... THANKS for the tip.
Couldn't resist but although both cyclical
"value" plays IO has big time insider buying and better
financials. IO may be a take over ala WAI or a turnaround
play on the energy sector. One screaming buy for the
patient investor at these levels. First made aware of it
by well respected technical analyst @ 16 "best buy";
glad I didn't. At these levels, I couldn't resist
initial partial position. FA & TA stink but insiders,
valuations, and financials make the case. HXL's looking
better; worst may be behind unless economic strength
causes Fed change.
Hang tough and resist selling as
soon as you get even!