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How do you un-do it, and perhaps you should select a term that has clear negative implications. One could concievably filter a thread for those posters that were more pertinent also.
As a matter of fact, I have someone that I need to remove from "filter" and I don't know how to do it.
Is there an on/off toggle for the filter as in Yahoo?
Where on the site is the explaination of this device?
I guess I am looking for the technical developments that would provide such an economic pivot point, such as the changes in computer science and biotech that are taking place at this time and are causing economic upheaval.
Would it be mechanization of manufacturing in 1890's?
The mechanization of agriculture in the 30's? First wave of electronics in the 70's?
These technical revolutions are coming closer and closer together. At some point they will converge and change will be the "norm". Will this sort of boom-bust cycle cease at this time?
Not expecting definitive answers for the last paragraph :) - just tossing out some ideas.
Let me correct my question. You gave years for these events, but what were the concepts driving them?
Can't find any info on how the "filter" works. Not on the FAQ. Is it a filter to isolate good stuff or to filter out bad stuff?
What would you consider the "similar periods" in the past?
Excuse me if this sounds a little paranoid - living in D.C. during Watergate makes one susceptible to conspiracy theories.
Does anyone else find it more than strange that we finally have a head of the FDA (charged with speeding up drug development, of course) after the bios have been driven down to absurd levels?
I can't shake the idea that this whole bubble and deflation thing has been a power grab by the big boys behind the scenes.
Think of it - the guys with the ideas went public and mortgaged their soul. The moneyed folk threw them a big party and then invited in the general public to join in.
When the guests were sufficiently inebriated someone shouted "fire". A panic ensued, and when the drunken guests fled in terror, all the "hosts" had to do is stroll among the debris picking up the discarded valuables.
The block trades come from the Etrade market trader. It isolates current block trades and goes back five days. I also like the quick click reference for daily and monthly ranges and intraday trades.
If anyone knows of a similar free reference I would be interested since I am currently paying for this one. My poor IRA is down to the point where I don't trade it at all.
Zeev, didn't you say something about a week ago during an upward move about it "feeling different"? Something to the effect that it was less erratic and more stable?
Subjectively speaking, block movement in the bios was very odd for a Friday. Institutions are usually gone for the weekend Friday afternoon but last week they hung around. If it wasn't the traditional instys it was some mighty big hedge funds covering.
Is this the reason the lid stayed on Biotech during the rally? A need for further consolidation of large positions?
Among stocks I watch closely, very strong end of day moves in BLUD and ALKS. BLUD sold hard and ALKS bought strong.
Checking block activity in other stocks:
CALP wild block trading, 43 block trades vs. 1-4 the rest of the week. The only news I could find was a personnel announcemnt on the ninth.
IDPH - the largest block of the week, 200,000 moved at 16:01 on Friday.
IMCL - went through a major adjustment on Thursday. A One million share block traded. Buffet said he was buying into this one earlier this year and it spiked. Guess he finally got his order in...
PRCS - blocks of 100,000 early in the week, two at 200,000 on Thursday and all week but a block of one million on Friday at an all time low (for blocks, that is). Capitulation on this one?
PDLI - blocks of over 100,000 after hours on Thursday and Friday. All time low on the stock.
VRTX - 100,000 at 16:02. The largest block of the week. Stock hit a double bottom this week also.
All of this is simply support for my "feeling" that things were "different" this Friday. I don't have enough experience to draw earth shaking conclusions from this feeling. I would like to see some traditional TA commentary on these stocks. I would like to know where these elephant tracks are leading.
I hope so - I have a bit of damage to repair from last week.
Gosh, this learning curve is a pain. You can know what to do intellectually, but training yourself to do it automatically during the trading day is an whole other can of worms.
Speaking of worms, will the shorts be especially pressured to clear positions before reporting them on the 15th?
ALKS traded very strongly end of day, almost all trades of 1,000 or more were above the ask. Two blocks of 212,000 total @ $7.92 after hours. I hope it's gap filling time for this one, back up over 10?
MLNM and ALKS showed strong block buying at approx 9.40 and 8.00. It looks like consolidation here to me...
If there is an EOD rally, what time would it be expected to start?
It seemed that several of my bios were hammered on the bid at close. Lots of 100 share sells. Short attack or someone keeping the lid on?
And I get tired of criticism of the administration being labeled "liberal claptrap" or the like.
Isn't it possible that some of those who are concerned about the administration are of a reasonably conservative nature and have carefully thought out their position.......
Swing traders might want to look at BDAL.
On the subject of adultery -
Jesus said that if a man thinks of committing adutery it is as good as committing it, so convenient definitions don't seem to hold up.
What is the meaning of the distinct stairstep pattern this summer in the BTK?
Is the sector being "cultivated" more than the other sectors? It just doesn't look like a random pattern.
Thanks for reminding me - I knew I had seen that somewhere but couldn't remember where.
Here is a study I worked up. Not sure what to make of it yet, and I'm willing to add more stocks if anyone wants.
I like to work up the multi-chart pages for a better over view.
http://www.spiritsites.com/stocks/HighGrowth/high_g.html
I've been looking at BLUD today. Decided to hold what started out as a day trade. I think it may be basing for another leg up. Five year weekly shows a parabolic money flow.
I was wondering if anyone has any historic charts squirreled away on CSCO or MSFT from a time when they were just starting out. I would really like to see them.
Something really creepy just happened -
the ask was 15.25 on BLUD but a bunch of bad prints came through saying 9.11.
How does this happen? Is this someone's idea of a really bad joke?
See if you can open a cash account and transfer your stocks to it. If this can not be done at the same brokerage I know you can do it at another brokerage.
Limitations on trading the other poster metioned are for BEFORE you have been branded a pattern day trader.
Strange thought - what if a lot of Saudi money is short? If the market improves would not that necessitate a large influx of Saudi money?
Stranger things have happened.....
If an order hangs, they will make it good, but I don't think they'll do anything for a system outage.
Etrade data feed just crapped out (I have Datek and Etrade). Seem sort of sinister. Two largest on line brokers having technical troubles on what could be the most volitilile day of the year.
There are some really dark forces operating in this market. I think the negativity is being cultivated. BIOM had positive interim data yesterday but the headline on the "press" coverage red negative and they shorted the hell out of it to take it down.
Has the market always been this contrived?
My Datek is screwed up too. I am also getting different volume figures from different sources.
BIOM at an all time low because they didn't have results good enough to quit a trial early. They were good enough to continue the trial to its designed end, however.
A new PII was also announced.
News was positive, panic is absurd, a common pattern with biotech news.
Datek going up to 10.99 in October.
I owned it until a few minutes ago - sold it to cover my touche on BDAL.
I will be buying it back as soon as I can. I really underestimated the ability to walk BDAL down. Am not selling becuase at current volume shorts would need 50 days to cover, company has a buyback announced (the reason for recent spike to $6.40) and fundamentals look good (revenue going up, possible defense play).
I recommend giving it a look.
Maybe some more lawsuits like the one ENVC announced today would help.
http://finance.lycos.com/home/news/story.asp?story=28662683
I should have made my comments more clear - I only follow biotech and I am expecting the sector to lead in market recovery at some point.
I am not sure when that will be, only that it will happen. I think there are some unwise shorts in that sector.
But of course I don't pretend to be a guru, I only suggested a possible scenario.
Another possible scenario:
Most of Wall Street didn't go back to work yesterday. The bubble at open was retail enthusiasm. Hedge funds and ameteur shorts took out the gap. The more experienced shorts covered E.O.D. but the rookies are still short.
Biotech was in an upward trend that was not broken yesterday. If Wall Street is still committed to that trend (cup formation in the works?) today will be strong up as the remainder of the shorts cover and the pros get back to business.
They're running the stops on ISIS. Good time to get in.
I find that the goddess is a much better listener :)
"All my political posts" - actually I make very few political posts.
As for "proving" that Daddy rigged elections in the CIA - Give me a break. It's common knowledge.
Maybe we should ad "no religion" to the "no politics"....
Rigging elections was part of Daddy Bush's job description before he became president. If you believe any recount in that state fairly reflected the will of the people I've got a bridge to sell you.
LG - I believe you are being overly sensitive. Political comments are at a minimum on the thread and can not be stopped completely. You will hurt yourself by loosing a valuable resource.
I also believe that Bush's election is the ultimate in prostitution of the political system. A lot of people feel really betrayed by the last election. There will be political comments on the subject. If you are confident in your support of the administration these comments should not bother you.
I believe your protests actually mask your own insecurities and doubts.
Running the stops on ORCH - good company, close to profitability.
The individual stocks that I watch the most seem to be at very strong support also - I am expecting a bounce because of this but wasn't sure what to make of the big red thingy...
I made such a killing on GNLB last week that I am comfortably up for the month. Should've pulled the plug on a lot of other stuff earlier, but can deal with it as long as an occasional GNLB comes along.
Uh, now what????