Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks, I'll Check it Out - Over & Out:
It's a Jig Saw Puzzle Alright:
Hey Mick,
Just wanted you to know,
Got tired of trying to figure out the next move.
Decided to take my initial investment off the table.
Playing with free money now.
How many people are still in the game?
Here's my anne, I'm still in.
Mick, I guess its just you and me pardner?
Unless of course, there's someone else we don't know about yet?
Which One?
Technical Indicators:
The more TA the better.
I can't seem to find enough, especially charts, I like charts.
Bring on the charts!
What I'm trying to figure out,
has she just stopped for a coffee break or is this support?
Problem, What Problem?
That's the problem most people have.
What to buy, how much to buy, when to buy?
With all the market manipulation going on, we just make the best rational decision and go with it.
But, I believe we're onto something here.
Am'still Long & Going Strong.
Go Baby Go!
Gladly, But which RED X ?
Which Red X, don't understand what you mean, please clarify.
Tia!
Charts tell The Story:
Chevy, if you haven't already, check out the Charts are Coooool board:
http://www.investorshub.com/boards/board.asp?board_id=8765
The moderator is a college kid and has a simple way of explaining charts.
He's from the Bill Panetta school of charting.
http://www.investorshub.com/boards/board.asp?board_id=4203
The trick is to go there everyday.
Read the annotated charts he does for people whenever they request them.
Its a slow and easy way to sponge it up slowly.
I'm currently in the process of making a cheat sheet of indicators that I can refer to on an as needed basis.
The study of technical analysis (TA) and technical indicators (TI) is definitely the way to go.
It helps to illiminate a lot of the guess work.
Here's another board I haven't gotten to yet:
I-Hub Board Moderator: Stock Analyzer
Message Board: Technical Analysts
Go To:
http://www.investorshub.com/boards/board.asp?board_id=7882
AND don't forget the Bible of TA
Technical Analysis of the Financial Markets
By: John J. Murphy
New York Institute of Finance - A comprehensive guide to trading methods and
applications. Its like a bible for any chartist - 542 pages.
IMO, it’s the best Technical Analysis book for learning fundamentals.
http://worldcat.org/wcpa/oclc/39615008
Quarter Sounds Good:
I believe a quarter would be good for starter's.
That would certainly make my day.
Join the club, my average is also too high.
Why, because I started buying way too soon, just like you did.
Gone Long & Holding Strong!
Spinning Top Candlestick:
Its a spinning top at 9:52am.
The volume for the buyer's and the seller's are equal.
Which way will it go now?
72,099 shares in the green - just prior to submitting this post.
In the last two minutes almost as many shares were traded as sold all day long.
This is manipulation by the shorter's to get us to sell our shares.
To me its that pure and simple.
SGCR -- Strategic Resources Ltd.
Primary Venue: Dually Quoted on Pink Sheets and OTC Bulletin Board
Best Bid: 0.39 (5000 shares)
Best Ask: 0.42 (5000 shares) *
Date/Time of Last Inside Change: Tue Jun 05 14:52:31 EDT 2007
TRADE DATA
Last Sale: 0.39
Change: -0.12
Percent Change: -23.5294
Tick: Up
Daily High: 0.50 Daily Low: 0.36
Opening Price: 0.43 Volume: 82,809
Annual High: 1.17
Annual Low: 0.050
Dividend: 0.00 Earnings/Share: -0.010
Previous Close: 0.51 P/E ratio: N/A
Stock Oversold:
IMO, SGCR is way oversold.
It's time for a reversal.
What's you opinion?
Very Good Read:
Let's hope "they" don't have this information removed from the internet.
This is good knowledge for us to know about and to stay informed. Thanks!
Just Spotted This:
Looks like its reversed, I see Green.
Money flowing again, somebody's buying!
Currently at 237,500 shares bought.
Plus, it's still early in the day.
Thanks for Sharing:
Mick,
Very good dd, appreciate the information & the clues.
All information and opinions are welcome.
Hopefully, we'll be out of the woods soon.
Let's stay in touch on this one!
Have a good day & good luck to all Longs,
Hilander
China's stock market hits record:
Snippet:
Chinese shares have continued rising at a breakneck pace, pushing Shanghai's main stock index through the 4,000 mark for the first time.
Shanghai's benchmark CSI 300 index closed up 2.6% at 4,090.57. It has doubled in value this year and quadrupled since the start of 2006.
However, some analysts have warned that a stock market bubble is being created.
Last week, former Federal Reserve chairman Alan Greenspan warned that the Chinese stock market could undergo a dramatic correction...
According to industry figures, 300,000 people a day opened brokerage accounts in China last week...
http://news.bbc.co.uk/2/hi/business/6697451.stm
I-Box Has Been Updated:
Researching additional SharpCharts, to be posted at a later date.
Shorting a Stock:
Mick, interesting you mentioned the naked short issue.
Last week, I had a fleeting thought that someone might short SGCR.
I didn't act on it and decided not to sell. Thinking there's more bulls to run yet.
I don't know ultimately where the share price will top out, but am thinking there's a new high to be reached.
Thought she was on her way to a new high going back up and stretching to the $1.20 to $1.50 range.
I never dreamed selling some 200,000 shares would totally wreck the share price.
IMO, there hasn't been any really large selling volumes, at least not yet.
That's why I haven't been too worried about selling.
Here's the 3 Year Chart:
I don't believe the big dog's have even thought about selling yet.
Maybe I'm wrong, but I keep looking for selling volume's in the 2M to 3M range to indicate the turning point and would signal the strong hands are changing sides.
I believe we're on the rebound, let's see where she goes from here (0.70) up or down. I'm guessing back up.
This has been my logic all year long and I'm sticking to it.
Please tell me,
What Do You Think?
Hammer Formed:
Looks like it's at or near the bottom.
The hammer is a good signal that stock is ready to rebound.
Hammer Affect:
• A price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.
• A hammer occurs after a security has been declining, possibly suggesting the market is attempting to determine a bottom.
• The signal does not mean bullish investors have taken full control of a security, it simply indicates that the bulls are strengthening.
http://www.investopedia.com/terms/h/hammer.asp
Assignment #1:
Have a great 3 day weekend!
OK, It's a Done Deal:
We've just switched positions.
Right On, Very Good News Indeed!
New SharpChart #2:
Let's get this puppy moven.
Good Volume Today = 320,400 shares traded
It can move a lot better than that!
Up +5.88%
New SharpChart:
Shows current status of WTER.
Looking Good,
MACD lines moving toward zero line.
RSI(14) lines are at or above 50.
New SharpChart:
Shows current status of PHEIE.
New SharpChart:
Shows current status of MGOA.
Has She Bounced Yet:
What I wanna know is has she bounced yet?
New SharpChart:
Here's a close-up look at the current status of CGHI.
Very nice, the MACD lines are getting closer to the zero line.
How long will it be before they cross the zero line & go north?
New SharpChart:
Here's a close-up look at the current status of ACKO.
Hey Frat,
We missed seeing you around here.
Thought you mighta gone fishen & got lost.
Glad to hear your OK.
I understand about waiting.
The only good thing I can say about owning FLWE for more than 1 year,
It's the only way I know to cut the tax bite in half.
I like short term investing & will take it either way it comes.
Check back in from time to time to see how we're doing.
Best of luck,
Hilander
PS:
Are you gonna keep on being the MOD or do you need a replacement?
New SharpChart:
Showing current status of ATUX.
New SharpChart:
Here's a closer look showing the current status of ATEX.
We need much larger buying volume than we had today to get this puppy back on her feet.
The good news is, the MACD lines are headed back north toward the zero line.
It's time to get this show on the road!!!
That's Good News:
I've been waiting for WTER to move into the 0.20 range like it did last summer.
I'll be Watching & Waiting
Big Time Buyer:
Someone bought bigtime today.
Volume = 2.32M shares traded
I know we're all ready to see some action here.
Could this be the turn-a-round we've been looking for?
Price Size Exch Time
0.02 12000 OBB 15:33:01
0.019 10000 OBB 13:55:43
0.02 10000 OBB 13:01:47
0.018 1250000 OBB 11:22:22
0.0185 5000 OBB 10:47:16
0.018 5000 OBB 10:47:16
0.019 250000 OBB 10:46:59
0.02 75000 OBB 10:45:48
0.02 250000 OBB 10:44:51
0.02 150000 OBB 10:44:20
0.02 50000 OBB 10:41:41
0.02 50000 OBB 10:41:07
0.02 50000 OBB 10:39:21
0.02 70000 OBB 10:03:56
0.02 25000 OBB 10:03:24
0.02 5000 OBB 10:02:00
0.02 10000 OBB 05/23
Good to See Ya:
Ad1,
Good to see your still around.
Today looked like a 50% retracement to me.
When its dead its dead & when its alive its really alive,
Don't you just love this business!
Let's see what happens tomorrow.
Enough excitement for one day:
Thank you everyone for your participation and input in trying to figure out what happened today.
I'm leaving the chips alone for now.
Markets Reacting Poorly:
Here's one explanation for what's happening.
BBC News Release - Today
Last Updated: Thursday, 24 May 2007, 13:58 GMT 14:58 UK
Greenspan Fears China Market Fall
Snippet:
Chinese shares have fallen after former US Federal Reserve head Alan Greenspan said its stock market was overvalued and due for a "dramatic contraction"...
Other global markets were affected by nervousness over China with Australia's benchmark index falling more than 1% and Japan's main exchange trading flat...
Entire Article:
http://news.bbc.co.uk/2/hi/business/6686453.stm
Sell Off Finished?
Looks like the Sell Off is finished and a rebound in progress?
Price Size Exch Time
0.60 2500 OBB 14:14:50
0.65 2000 OBB 14:14:48
0.64 500 OBB 14:14:47
0.60 2910 OBB 14:14:46
0.60 500 OBB 14:13:53
0.60 500 OBB 14:13:53
0.581 500 OBB 14:12:44
0.581 500 OBB 14:12:16
0.5955 910 OBB 13:55:12
0.581 200 OBB 13:49:06
0.62 3677 OBB 13:48:18
0.65 1577 OBB 13:45:08
0.62 1800 OBB 13:45:08
0.6575 20000 OBB 13:34:25
0.65 4000 OBB 13:33:35
0.65 750 OBB 13:33:19
0.65 5000 OBB 13:33:07
0.65 1000 OBB 13:33:03
0.65 2000 OBB 13:29:41
0.65 2000 OBB 13:29:24
0.65 350 OBB 13:29:05
0.65 500 OBB 13:27:53
0.65 400 OBB 12:50:37
0.67 2898 OBB 12:50:29
0.65 500 OBB 12:46:30
0.65 1000 OBB 12:33:01
0.65 200 OBB 12:19:09
0.65 200 OBB 12:19:09
0.65 2500 OBB 12:18:59
0.65 500 OBB 12:17:21
Chart for Today
3 More Charts
RSI(2) RSI(14) FULL STO%K(14,3)%D(3) MACD(12,26,9) ADX(14) CMF(20)
RSI(2) RSI(14) FULL STO MACD(12,26,9) MFI(14) ADX(14) CMF(20)
Curious Turn of Events
Looks like someone is shorting SGCR again.
I'm still in, curious to know if you sold?
It looks like the selling is over for today.
I don't understand how such a small amount of selling can make the price drop this much.
What's your take on the situation?
tia,
Hilander
PS:
Everyones opinion is welcome here.