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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.
Murphdipity, Ads right, we have a good clean board here. You'd be welcome if you pull your weight on the board. Both Ad1 and I are positive and like to do research. We are creating an environment, so we can all learn from one another. That's if you don't mind rolling up your sleeves once in a while. If this sounds like your personality then I'm sure we'll all get along just fine.
We are starting to take on some sideline projects to research. The topic is all about market timing and when to pick the right time to sell. With a little extra research we can make this board a fun, educational and rewarding experience. If that's agreeable with you, I'm sure its agreeable with Ad1.
I'm digging up some old articles and will post them soon. Ad1 is doing some research and is supposed to give us his findings on The 50% Retracement Rule. If he hasn't finished that research, maybe you could help him with that?
Another thing, when you join a new board, its always a good idea to start reading from Day #1, so you are fully informed.
If you have any ideas, we are always ready to listen.
Also, do you have a Premium I-Hub membership?
Hey Ad1, I'm curious, if its not too personal a question, how many shares did you pick up?
Murphdipity, No I don't have the inside track, my daddy's dead and my uncle doesn't own the company. I'm an investor just like you.
When you look at the chart, the last 3 days has had moderate selling. Just enough to keep the price from escaping. Today, light buying. Looks to me like the new bottom has been reached for support. Will have to see what happens tomorrow.
In regard to picking an entry point, now that's your job.
Adi & I will welcome you aboard if and when you decide to make the leap.
Hey DCD, How'd you find me way over here? I'm a Unico Long as well, you know?
I agree with you about Hollifield. But there is definitely something going on with these Juniors. There's a bunch of them in the doldrums just sitting and waiting for a gust of wind to pick them up. Besides ACKO, check out ATEX, ATUX, COGL, FLWE & HOGC. They are all dirt cheap right now.
We've got a bunch of sleepers on our hands.
It keeps searching for that new bottom for support.
Ad1, Keep studying, that's the only way any of us can learn this stuff.
There's only two ways to do this business.
Hire a professional money manager to manage your accounts for you. or
Do it the hands on way, the way you're doing it.
Persistence and patience is a virtue.
Its better to learn how to manage your own money than letting someone else do it for you.
Besides when you retire, who best to manage your money than you.
For me, if I don't like research and I can't do numbers, then I'd better find something else to do with my time.
It just so happens I like both.
Ad1, Good Question, you tell me. Here's one source where you can find the answer.
I BELIEVE YOUR GOING TO HAVE TO GET THE PREMIUM I-HUB MEMBERSHIP TO MANIPULATE THESE CHARTS? CHECK IT OUT.
This information came from Bill Panetta's Message Board, he's the expert on learning how to read charts!
Moderator: Bill Panetta
Created: 8/3/2005 11:37:34 AM
Bill Panetta's charting techniques:
http://www.investorshub.com/boards/board.asp?board_id=4203
Bill Panetta Live Chat Instructions (Video)
http://www.breakouttrading.net/index2/marketupdates/index.php?file=paltalk.swf
Quote Tracker Video Presenation(how to manage the Bottombusters and Powerscans: http://www.breakouttrading.net/index2/marketupdates/index.php?file=qt.swf
Educational Posts:
Esignal Article write up on 50% rule: http://www.esignalcentral.com/exchange/05_2006/third_party_spotlight.asp
Bill's Educational Video Library: http://www.breakouttrading.net/index2/forums/index.php?board=10.0
Bill's new article on trading Small Cap Stocks:
Stocks That Make Kool-Aid Status: How Popular is my Stock?
Bill Panetta Charting Techniques Post#1259
http://investorshub.com/boards/read_msg.asp?message_id=15914506
Catch Bill Panetta live Thursday's and Friday's on tradersnation, known to be in the largest syndicated radio and television broadcast show for small-cap stocks.
Listen to Bill as he talks about the latest trends and developments in the small-cap arena. If you still are struggling with small-cap stocks and you're not finding the hot movers get your pen and paper out and be ready to learn and be educated on small-cap trading.
Showtime is 11AM est.
Live feed is channel 1: http://www.tradersnation.com/channel1_tn.shtml
Rebroadcast is channel 3: http://www.tradersnation.com/channel3_tnrebroadcast.shtml
#1. AROON- 8 you watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. CMF- 15 You will usually only see growth when the CMF is in the negative.
#4. ADX/DMI-5 You watch as the D+ line either crosses, or is higer then the D-
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5, 5 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
Ken’s Quick hit template.
WWW.STOCKSEASONALITY.COM
AROON, WILLIAM%R, ADX, RSI, SLOW STOCH, PMO, MACD, ROC, CCI, ULT, FAST STOCH, PPO
Highlight the brackets, copy, then paste in a message placing your own symbol where ELX now resides.
Daily
Weekly
WHAT TO LOOK FOR.
MACD- 8,17,9….You watch the fast line cross the slow line and head towards the mid-zero line.
FAST STOCH- 14,3…You watch the crossover of the %K crosses through the %D and cross the 20.
ROC- 12….You watch the ROC coming from –5 to the zero line
PPO- 5,10,15…You watch as the 5 crosses the 10 and races to the .00
ULT OSC- 7,14,28…You watch as the 30 comes from below and crosses towards the 50.
PMO- You watch for the crossover of the PMO through the 10 day EMA.
ADX/DMI- 14…You watch as the +D line comes from 15 to the 20 and goes up.
AROON- 22…..You watch as the Aroon up goes up and this can only happen when the MACD fast & slow cross their mid-zero level.
WILLIAMS%R- 14…You watch the line cross the 50.
CCI- 8….You watch the line break the 50.
SLOW STOCH- 9,3…You watch the lines break the 50.
RSI- 14…You watch the line cross the 50.
And, you watch the 5 day MA cross the 10 day MA.
Add on indicators. Just separate the indicator by this symbol on your keyboard “!”. This means up above the chart “u”, and this means below the chart “l”
Ad1, our correspondence reminds me of an old friend from high school. He tutored me for free to get me ready for a Trig Exam. I asked him why he did it? He said it helped him to formulate the material in his mind as final preparation for the test. It showed him the areas where he was weak. So that night all he had to do was brush up on what he didn't know for the exam. He also said by doing this he didn’t have to study as much because he only had to go over what he didn't remember. As it turned out I wasn’t the only one he helped. By tutoring friends, mostly girls, he adapted a fun way of learning while teaching others. He knew how to take the drudgery out of studying. He is now a medical doctor.
I'm not comparing myself to him, only remembering how he made learning easy. As it turned out the guy made extremely high scores on his SAT's. He always anticipated the teacher's questions before they could get the last word out. You know the type, the teacher's pet. There's not many people around like that but I do admire his learning tools he passed down to me. Maybe there's something here we can all learn from.
Ad1, It might be helpful if you learned how to post charts. That way when you have a question you can post the graphics. What do you know about the RSI Chart?
Ad1, Here's the CMF Chart.
What are you trying to understand?
I'm not following you, please be more specific.
Do you have a question relating to the wave pattern?
Please clarify.
It's too bad that negative people want to make everyone else miserable. I refuse to play their game. I quit reading the board for now, I needed a break. Negativity breeds negativity and I refuse to go there!
Working on their tax returns I guess. All my stocks are in the doledrums.
Very low volumes, must be the calm before the storm.
Clouds pealed back to show water vapor content of storm.
The image melts away to show heart of storm.
Ad1, About your Hammer Question, you asked me "What are your thoughts on the Hammer theory? The trend looks to be solid growth after a hammer is formed."
Identifying the hammer was a good observation on your part. Keep those ideas coming! This is just the kind of technical analysis (TA) and technical indicators (TI) we need to talk about...Since I never responded to your question about the Hammer Theory lets see what Investopedia Says...
Definition of Hammer: 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.
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Ad1, it's a pretty cool theory and fun to watch. Hopefully, by tomorrow, we can reach the new support level so we can continue the ride back up. Let's enjoy the signals while there here. When the signals disappear, we should stop, look and listen to see if there's any more bulls comen or not.
Round and Round she goes, where she stops, nobody knows.
You wanna take a guess where she's gonna stop next?
I still get pop ups even though I have set my filter on high which deflects most of them. That's the trouble when surfing the net, when you enter unknown sights they attach spam that follows you. I hired a computer consultant who loaded a program that blocks spam and gives virus protection. I use a Mac, so he installed Symantec Norton AntiVirus 10.0; That may help?
The 212 Movie site is UCOI. I'm also watching and waiting to buy. If it hits the .009 range, I'm jumping in and will consider myself lucky. It may not go that low again? Don't know but need to average down anyway. I'm looking at this purchase to be my last before mill start-up.
Your right about SGCR, no new posts since December 12, 2006.
Unfortunately, there is no other way to learn this business, glad to hear you've jumped in with both feet to learn how to trade. Its the best thing I've ever done with my time.
Ad1, Your last post reminded me of my first trade. With beginners luck, I was so proud with a 600% return on investment, I sold because I was so nervous, I couldn't stand it. After selling at .52 my heart sank when it proceeded to climb to $1.06 over the next 3-4 weeks at which time the MM'ers bombarded it with nearly 10M sell orders and it fell like a stone. Probably will remember that trade for the rest of my life.
In regard to tomorrow, I expect the stock to level out into a sideways channel until it gains enough momentum to recover from the short sells, then proceed back up. If we are lucky this will take only about 5 to 7 days.
It's always helpful to find another stock in the approximate position to make a comparison. You may know of another but for now look at WTER, it has some similarities, showing a sideways channel.
http://bigcharts.marketwatch.com/charts/big.chart?symb=wter&compidx=aaaaa%3A0&ma=0&maval....
Of course, as you know, this is only a guess and will have to wait and see.
I'm keeping a close eye on this baby.
PS: What do you know about 50% retracements? Look it up and let me know what you find out. That may help us understand the price movements before SGCR reaches its peak. One of these sites will house the answer.
GLOSSARY OF STOCK MARKET TERMS:
http://www.marketwatch.com/pf/started/GettingStarted_Glossary.asp?siteID=mktw
http://www.cftc.gov/opa/glossary/opaglossary_a.htm
http://money.cnn.com/services/glossary/a.html
http://www.matisse.net/files/glossary.html
http://www.zacks.com/help/glossary/
http://www.investopedia.com/
INXS, I agree with you.
ATEX, ACKO, ATUXE, COGL, FLWE & HOGC all have low volumes.
One of em's got to move soon. This is way tooooooooo boring.
Need to put a little fire under these babies and get em cooken!
Yesterday and Today is light trading volume compared to November 2004.
Feb. 5th - Monday Volume = 485,711
Feb. 6th - Tuesday Volume = 261,180
Volume during November 2004 = 1.8M to 3.5M
Level 2 Pink Sheet; Best Bid: 0.65; Best Ask: 0.70
Some selling but buyers are scooping them up.
http://www.pinksheets.com/quote/quote.jsp?symbol=sgcr
Also, added charts in I-box for updated viewing.
I'm keeping a close eye on her movement today.
Long Term Indicators Average is still at 100% Buy, at this moment.
http://quotes.barchart.com/texpert.asp?sym=wter
Level II - Time & Sales - Shows buyers this morning. For me its time for a cup of coffee. Watching and waiting to see how the day ends up.
http://www.thesubway.com/companydata.asp?qm_page=7878
For me trading stocks is like playing golf. If I hit a good drive then my putting sucks. There's always something to work on. It seems like I’m consistently tweeking my game but my score doesn't improve . The only way I've gotten really confident and lower my score is when I play at least once a week.
I've got an idea. We can pick one thing to work on to tweek and improve our trading skills. We both did good when we bought. There's no problem there. The obvious thing to work on now is selling. There are only 3 choices for us right now. To sell, buy more or hold. The price is too expensive for me to buy more, so that's out for me. Yesterday, we both made the decision to hold. I hope we made the right decision. I'm OK with mine. If the stock falls like a rock from here, it won't be the first time I've missed a trade.
If I were making yesterday's trade 3 years ago, I might of sold because fear would of entered my thoughts that I would lose my money. My trading history has been, I've sold too early, too late and waited too long and missed the trade altogether. The way I rationalize missing a trade is by upgrading the status of my stock from a short term capital gain to a long term capital gain. Most stocks I've held for over a year anyway.
This is where it gets funny because we never know if we've made the right decision until we are either kicking ourselves for not selling or being elated that we're the best stock trader around because we held or sold. There are entire books and articles written about just that, When Do I Sell? I've saved a few articles that will get us going. As far as I'm concerned this information is not proprietary. The articles I've read were free and came from the internet. So, there is no problem with sharing the information.
Why don't we do this, dig up everything we can find on selling and compare notes. What's your vote?
It was a sell off day but not bad enough to bring us to our knees. If thats it, we can recover. Do you use Ameritrade? This clip is taken from the Ameritrade Charting using the new upgraded site.
Look at the volumes. The green candlesticks show buying days, the red candlesticks show sell days. The sellers outnumbered the buyers.
Q: How much spare time do you have for reading and research? I can recommend some articles if you have the time.
Check out this chart:
https://research.ameritrade.com/cgi-bin/upload.dll/file.gif?1a3b988f9958432e98866d5d2cba004d
I think this was a small investor sell off, not big enough to kill the move. Check the historical charts and see what the volumes are when the MM'ers are selling. This IMO is not the market makers. After market close I will check one source and see if it was a short seller trying to kill the move. I'll get back to you later. As you know I can only be responsible for my own trades and no one else. We all have to learn and live by that rule.
Ad1, That is interesting.
I'm the one who posted it!
I've been a Unico Long for 3 years and became an assistant moderator about 4 months ago. Unico has a very faithful following and a bunch of very dedicated investors. The posters backgrounds are architects, engineers and construction based businessmen who are really detail and task oriented. It won't take you long to figure out who we are. This is by far the best batch of researchers I've found on one board in one place, nothing slips through the cracks. If you stay tuned to the Unico message board you will learn a lot. Its easy to get behind there because we post sometimes 100 posts per day. There are quite a few investors who read the posts who don't even own UCOI stock.
Also, you will notice some serious bashing of the stock right now. We look at it as good sign because the Deer Trail Mill is in the final stages of construction prior to mill start-up. Projected date to begin milling is April 1, 2007.
Here's a copy of my post.
Posted by: Hilander
In reply to: piranhas2 who wrote msg# 1293 Date:10/23/2006 3:53:51 PM
Post #of 4282
IMO, sometimes you just have to believe you've made the right investment decision. QUIT beating yourself up that Unico has not rallied yet. If you bought Unico to make a quick buck, its not going to happen. For those of you who need to revive your hurt pride, find another stock that will give your ego a boost of energy. Unico has all of 2007 to make this happen. At this point we longs have to stick together and have faith in Unico's management team. What can we do? For now, maintain patience and watch this video:
http://www.212movie.com
Am'still Long and Holding Strong!
Ad1, I had an afterthought,
I’m learning in my life that attitude means everything.
Here's a good 3 minute video I watch from time to time.
It's all about attitude, perseverence and steadfastness.
http://www.212movie.com
Ad1, I'm really glad everything's OK and returning to normal at the homefront!!!
I've heard it said, there is only one constant in life and that is change.
Since life can change in an instant, we must learn to adapt to these changes.
Previously, you mentioned a 1000% increase from the bottom. I believe you might just get your wish.
Last Friday, we were half way there. Don't you just love these charts.
Is anybody watching this stock besides me?
Ad1, How's the clean up going in your neighborhood after the storm, are you still at home?
I was just thinking the same thing.
Looks like it still has a lot of momentum left.
The same thing's going on with my WTER stock.
Some people are taking some money off the table.
I'm gonna have another coffee and just watch and wait.
ARCA's Ask is at .20; See level II depth chart:
http://www.thesubway.com/companydata.asp?qm_page=19166
BarChart at this moment states Long Term Indicators Average = 100% - Buy
See BarChart:
http://quotes.barchart.com/texpert.asp?sym=wter
I know what you mean, we've all been there. We'll be here when you decide to jump on board.
The more news, the better.
I like the group participation.
The interview was very informative.
I like Brown's voice, he's easy on the ears.
Thats a much better link and easier to access, thanks for the suggestion.
Right On...The chart's looking good and shaping up really well. Will do more dd and keep watching. Thanks for the information!
INXS, Welcome the the board.
Observation, the Aroon 8 lines are becoming more erect and vertical. Macd is above the zero line. The charts shaping up nicely & looks like she's headen on up.
Found an interesting 3 month old news worthy article to read.
Death and Resurrection of the US Dollar
A Review Article by Adrian Salbuchi
Global Research, October 15, 2006
http://www.globalresearch.ca/index.php?context=viewArticle&code=SAL20061015&articleId=3490
Just listened to the 3.5 minute Ray Brown Interview. Very Good Info! It took me several tries to find it. For those of you who are having trouble, this is what I did.
Go to:
http://www.macreport.net/
Fill in the basic Info:
• Unico Mining
• UCOI
• Public Co's
If that doesn't work use the advanced search & re-typed in same information as above using:
• Mining
• Mining/Exploration
• Click search & the audio window will appear to download audio software.
The charts shows a good solid base formation. Somebody's buying and buying cheap, being quiet as a little mouse. They don't want anyone to notice what they're doing. I trust the charts and watch them daily. The price and volume patterns are the most important things to monitor. Now all we need is more volume.
Its just a matter of time.
Ad1,
Unbelievable... I just read the story about what you went through on CNN. WOW, I'm speachless, I can't imagine what you just experienced. You truely are blessed to be alive!!! You must be a seeker, living a good life, to be saved from that monster storm.
God Bless All,
Hilander
Ad1,
I'll definitely keep you in my thoughts and prayers from the ordeal you witnessed. I'm also happy to hear you and your family are OK. We'll send prayers to all the wonderful people in the State of Florida. Light to the entire area affected by the storm.
God's Speed To All... Don't want to lose you, not now, the bulls haven't stopped running yet!!! You can't miss out on that! It looks like Strategic Resources is about to make history. Don't want you going anywhere, you've got to witness that as well.
God Bless & Have a Safe Weekend,
Hilander
Ad1, posted Level II's with examples:
Example #1:
The highest ask I saw was $1.02 posted by NITE, which is a reasonable ask price.
http://66.201.236.134/export/level2.jsp?symbol=sgcr
Example #2:
The other Ask is posted on the subway site is $100.92 posted by ETRD, which is an unrealistic Ask Price. I've noticed this before from time to time. You can draw your own conclusions but here's one opinion. Someone got bored and when they closed the trading day, the MM switch board operator (probably a minimum wage employee) plugged in a pie in the sky number just for a hoot. You should watch it for a few days and see how long it lasts. It might stay overnight or maybe a week. Daydreaming goes on all the time in this business and I'll have to say that would make all of us very very happy if the daydream came true.
On the reverse end I've seen the MM'ers post ludicrous Bids at 0.000001 after market close. Its a thankless job but someone's got to do it. My guess is someone is just having a little fun at your expense.
http://www.thesubway.com/companydata.asp?qm_page=49887