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I personally think the only issue facing us in the near term is the big short position. All the various indicators will take care of themselves. The shorts need to have the heat put on them constantly. Those of us who are long need to stay that way. Put in high GTC sell orders ( I have GTC @ .25) Those who have to flip....stay off the ask. CMF is messed up , IMO, by the shorting going on.
...all just my opinion...
...and this
Found this
Yep...the ten year old.
It really is. I was referred to this board by Texas-11 on the RB HYRF board. I aught to send him a bottle of the best. Great stock.
Oh, man...look at that 200DMA turning. I am of the old school that a true golden cross occurs with both DMA's turned up.
Well, could be...
Oh, yes...This is a bottle from an island off the West coast of Scotland called "Islay" ( pronounced I'-Lah ) It is where my ancestors hail from. It's about 26 miles across, covered in sheep and 12 distilleries.
BWAHAHA...LOL
I suggest room temp. Sit there by the pool, don't be in a big hurry...just sip away. You will either love it or hate it. It is the smokiest, peatiest of all Scot single malts. I love it. I wish I had thought to send you a CD of Dougie McClean...he's a folk singer in Scotland and something of a national treasure there. It would have gone perfectly with the whisky.
A pleasure...just use a glass...no water or ice or anything. ;)
Does anyone else see the bid and asked crossed during a lot of tapes?
LOL...the girl at UPS asked me what I was sending. I said "A bottle of single malt". She said "I am not allowed to accept liquor". I said "Did I say single malt?...I meant to say a souvineer from Scotland". She said " Oh, OK...No problem".
Nothing is amiss. Just bouncing around in a triangle.
LOL...I am meaning to emphasize that unless you are day trading, staring too long at the intra-day chart gives you a very convoluted vision of what is happening in the big picture. Such a short view looks shaky, whereas a 3 month chart is screamin'
Who know's? LOL I'm just taking a wild guess looking at the day to day pattern it has set up. But before long the chart up to this point will look like a pimple on an elephant's arse.
My guess...we bounce off , say.017 or so. The next leg up will push through .025
Lowman...a bottle of Laphroiag is on the way.
As of right now:
LOL...chumps...
CHEESE? CHEESE? Lad, don't ruin it with cheese.
LOL...
It'll go out today.
jcrom@charter.net
Give me an address.
It's the truth. The success rates at the Bakken are astounding.
What more?...A wee dram 'o Laphriag and a Macanudo Robusto.
Now , wouldn't that compliment your poolside experience today?
Sure...I've watched them do it.
Charts and T/A are fine....I am an advocate. But what some need to understand is that NVMG is not a charting game right now. It is a test of wills. Shorts KNOW they need to cover, charts be damned. The ONLY thing in play right now is at what prices. Charts have nothing to with that at this present time. Psycology does.
What we have is a short position that is roughly 1/3 of the float. Shorts are banking that they can keep this down with more shorting. This "oversold indicator" stuff is completely offset by the short positions that must be covered...but it doesn't show up on any "indicators". As has been repeatedly pointed out, we need to be rid of those who flip on a whim or those who are more frightened of losing than they are intent upon winning. The MM's take this thing down disproportionately with sells as compared to how much buying is needed to move us up, especially in a low volume environment. They must cover....what is up in the air here is at what prices. The weak hands are helping them...no doubt about it.
In the sports world it's called "playing not to lose" rather than playing to win...whole different mindset.
One thing to mention about the "oversold" indicators...a few days of sideways trading could erase that, never mind positive news. And IF there is a rush to cover...well...
Yes, the CMF is negative, but less so each week. So the trend is moving in our direction. Why negative?...in a word, shorting. Shorting tapes as a sell. But again, please note the slope of the CMF. I think the short positions will become increasingly difficult to cover in an orderly way. I truly think all hell is about to bust loose with this one.
jc
Top left under "SITE" look for the pull down menu.
Yes, I see ETRADE on the list. It will work.
Yes, QuoteTracker works with almost everything out there. I have used it for years with complete satisfaction. I recommend the pay version so you don't have any ads.
jc
looking good
This thing is going to be hard to control.