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Technical Analysis, Stock Market Indicators — iBankCoin

SMN, I Hardly Knew Thee

by Danny on May 16th, 2008 at 2:24:37 pm

I have a small position in [[SMN]], and it fucking sucks. The ag stocks have died and SMN goes lower. Even the non-ag components like [[APD]] are pissing me off. FWIW, [[PX]] is better. Although I haven’t lost much money on this trade, it is safe to say that is perturbs me.

It is like receiving a plate of fresh biscuits knowing damn well that there is no butter. It is like playing The Lottery next to a granite quarry. It is like buying CFC. Or worse, it is like listening to a baseless cricket without the infallible midge to offset.

Enough of that.

[[POT]]

[[APD]]

[[MON]]

[[SMN]]

Still long, chagrined, and slightly stupid. A glutton for punishment you could say.  Or a retard.  Soon, this colostomy bag idea will be over, at the famed “Death Line.

3 Responses to “SMN, I Hardly Knew Thee”

  1. anjing bau Says:

    FCX is a compnent of SMN…. same pattern as above….

  2. Danny Says:

    yup…I like fcx (in spirit), but fuck them all…in spirit.

  3. Mac Says:

    I like these charts, not to buy, just for studying purposes - they continue to have so many negative divergences that it seems like just have to move lower, doesn’t it? I don’t how many times a stock can fall on heavy volume and rally on weaker volume but still move higher. Maybe we are going to find out with these.

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