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.
Is Market trying to giving all back, again??
I had a girlfriend in high school...was like that..lol
I'm back.....Have buy order for ONEV at .076
If it breaks .076....oh boy
But , hopingg it bounce back...
QBID...I'll buy back at .011 area? lets see..
EYEM...nice run...uhmm
BIBO ..interesting boubcing off the bottom..
LOL...LOL..."my dishwater is getting cold"good one!!
Talking about dish...
My wife just said we have to go out to buy a new dishwasher(for new house)..lol
see ya later(hate to go out now...)
TFCT breaking .053..
Last night ONEV chart looked bad....I hope it don't run without me..hehe
becoming a sleepyhead ??
I always been sleepyhead...worse than PieSky...lol
Not really sleepyhead...i go to sleep at 4-5 in the morning..
I'm not a morning person...hehe
Wow..LSTA...Dang good one..Dave
Looks like you got your motor running again. WTG !!
good morning all~ CPTC had some leftover shares from 1.10
soldout at 1.38
onev ..out at .082 -9%
TFCT...nice call Dave...wall at .05..looks like breaking at the moment 2 more to go....good luck
welcome DLeo~~
btw...I havn't seen Funtagious lately...
I hope everything is ok with you Funtagious....
nite all~
I'm home....been running around..didn't get much done tho...
QBID..errrrr ..when it was .0126 I had put buy order in for
.0115....nada..
ONEV,XYBR,INSA,VIGN,HPLF....holding all over night.
I spent 5 bucks on Mega lottery....so , if you guys don't hear from me in few days...Ya know where I'll be at...hehe
HPLF...buy order in at 2.35...not giving it to me yet..
going out...
dave did you have a good dream or something?
Spending 100 bucks on lottery?
uhmmm...Maybe I should get some....lol
Good luck with it.
going out for few hours....
ONEV, when I come back I want a see .15....lol
later~~~
INSA..in at 2.04...eom
ONEV in at .093...eom
godd morning all~ BOUGHT xybr AY 1.27..eom
What happen to the market?? not even funny..gezzzz eom
Me too dave ...hour of nap time....eom
I'm about 80% cash in penny stocks now. I'm poking CVU
for midterm hold.
LOL,Dave..... ONEV..I have a feeling this could major move
with in few days...chart in making acending triangle...uhmm
major move? up or down?
any opinions?
WRPT..whats making the ups?looks like yesterdays news...
MOTD...??
I knew it! UVCL in .02s...yes!
out at .021...just incase took a profits.
I have to go out for few hours....so , i sold onev...but look it em go now...lol
I should sell UVCL also ...uhmmm
ONEV...out at .108..
QBID...you better break that .01 support...or else I;m gonna be mad....lol
UVCL...here we go...to .02s....imo
Why people selling ..uvcl here?..should be buys...gezzz
Same here Dave...QBID..out
But its holding on to .01 support...lol
UVCL...GNET has to move out of .014..dang
UVCL..got some at .013...eom
Put/Call Ratio Sends Signal
The Put-Call Ratio is considered to be a measure of market sentiment. It is also believed to be a contrary indicator. The theory is that, if too many calls are being purchased, market sentiment is too bullish. This leads some to predict that a market decline is imminent. On the other side, if too many puts are being purchased, then market is too bearish. Consequently, some will predict that a market rise is imminent.
To calculate the Put/Call Ratio simply divide the number of puts by the number of calls. When the ratio goes over 1.0, it means that the total put volume (betting that stocks will fall) is greater than the total call volume (betting that stocks will rise). Historically, a put/call reading above .75 is generally viewed as a bullish indicator.
This is where things get bullish because last week was the only time in its history the total Put/Call Ratio closed above 1.0 for 6 days in a row. The old record stood at five days in a row above 1.0 and this was back in September 20, 2002. The ratio did also close above 1.0 for four days in a row back in mid March of 2004. Both of these streaks where the ratio closed four or five consecutive days over 1.0 was followed by a market bottom. This dip presented a tremendous buying opportunity as the major indexes subsequently rallied.
Could this new record of six straight days over 1.0 signal that another bottom is coming soon?
Investors Becoming Bearish
In this weekend's Barron's we couldn't help but notice that the AAII Index saw a huge jump in the percentage of people that are now bearish. These newly minted bears came from both former bullish and neutral camps. This is a strong contrarian signal that is telling us that the market may be due for rally.
The major market indexes needs to experience another week of volatility like the one we just had. This would send even more investors into their bearish mode. We will be looking very carefully to next week's AAII Index.
Conclusion
We spoke to a very successful fund manager today and talked about where the market was headed. Here is a brief summary of our conversation:
The VIX, Put/Call Ratio, and the increasing bearishness of investors all point to a short term rally. However, as our very intelligent guest pointed out, the geopolitical concerns are really hurting the fundamentals of this market. The fact that oil is now well over $40 per barrel is weighing on the American public in a major way. The scariest thing that keeps our fund manager up at night is the possibility of another terrorist attack on U.S. soil. More needs to be done to protect our country from sabotage and attack. Long term things aren't as clear but if you are a daytrader or short term speculative type then there is no better time then now. The huge swings are providing ample opportunities.
In regards to the pending interest rate hikes, our guest suggests that the concerns are more hype than anything else. With the Fed funds rate at historic lows what's the big deal with moving from 1% to 1.25% or even 1.5%. However, the media controls perception and can be very damaging to the current administration. When rates are increased the headlines could say Fed Funds rate increases 50% from 1% to 1.5% or it could say 50 basis point increases not a big deal with rate still at historic lows. It will come down to the American public's perception.
ahh...ok Dave....good nite...eom
VIGN..insiders buying?
really? or B/S?
I'm in at 1.52
After hour..down-.05
http://biz.yahoo.com/t/02/5014.html
HAWN, JEFF: Declared Holdings
Company/Relationship Reported Shares Ownership
Vignette Corp
Director
NasdaqNM:VIGN
(historical quotes, profile, SEC, other insiders) 2004-05-07 20,000 Direct
Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction ADVERTISEMENT
2004-05-07 20,000 VIGN Purchase at $1.55 - $1.57 per share.
(Cost of about $31,000)
That TALL chart looks pretty good...I'm gonna be watching tomorrow.
Chart was there just now..? am I seeing things??lol
Just got home...good evening all. QBID...uhmmm
Dave..UVCL...I think they do mobile telephone services business ...rentals....something like that.
I really didn't do hard DD on it.....lol
What i liked it about was 20mil floats(not 20billion..lol) and insiders owns 70%...And ofcourse..the PUMP...lol
I'm just holding my QBID.....untill
.000005 or .50.....lol
I'm going out again....hope to be back before market close.
UVCL..close at .024 ??
UVCL..filling the gap twice? one time is enough...lol
PieSky ..most likely I'll hold over night...unless?? I get my target.
Lets hope it holds .02...here on...lol
my target is .032.that could change any time tho..eom
PieSky..I got at .021...had buy order in before I went out..
got UVCL at .021
TWR..my stop at 3.49 got filled...
CMCA..buy order in at .25....for crap shoot.
going out for few hours.
TWR..poked some at 3.58...looks to be the bottom...eom
VTSI ..buy order in at .35...no fill..hope to get filled
VIGN..poked some at 1.52
ONEV...lets break .14....like to see her at .15
ONEV....moving nocely with news....break .13 should be good.eom
ks7777 ...Thanks for the posting the news.
Another Military Simulator Sale...wow
can't beat that...great news.
Come on VTSI no more .30s....lets move out of .40s.hehe