is...trading
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you shoulda shorted some DECK as I recommended....
I must be cRaZy but I bought some LUM at .45 for a quick flip...(if it dont get halted first)
Cool, have a great trip!
I called them byatches last nite and they said it was briefly halted and then immediately started trading again AH.
Good call...LUM green!
Here ya go...short this...
Bullish on Silver?
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Amid The Turmoil, A Great Set Up
By: Theodore Butler
Posted 14 August, 2007
It’s no secret we have been experiencing highly unusual financial market developments. I can’t recall a time when the financial news flow has been this intense, or price movement so hectic. Conflicting opinions are the order of the day. Housing and mortgage obligation woes, hedge fund blow-ups, credit crunches and central bank rescues, inflation or deflation, boom or bust, correction or crash. I feel worn out. It is especially at times like this that one searches for a constant; a compass to set one’s bearing.
One constant I have long relied upon is the data contained in the Commitment of Traders Report (COT). This is the weekly data, which depicts who is long and short in the futures markets by different groups of traders. In a nutshell, the COT tells you how a market is structured, i.e., what is likely to be the direction of the next significant move, up or down. I follow them on many markets, but generally confine my public remarks to silver and gold.
The data contained in the COTs is always objective, the interpretation of that data is always subjective. Compounding the subjectivity is the fact that there is continual change in what constitutes extremes in traders’ positions and the timing in which those positions are established and liquidated.
As far as the timing of when positions are put on and taken off, very recently there has been a remarkable compression of the time in which traders’ positions have changed. Whereas, in the past, it was usually a matter of waiting a long time for the COTs to play out and work, lately the changes have come so quickly that waiting for the weekly report to be released means you have waited too long. In other words, you have to make your analysis based upon what you feel the structure of the market is on Tuesdays (the day of the cut-off) and not wait until the Friday release. One does this by studying daily pricing, volume and open interest changes. This, obviously, increases the subjectivity factor.
With those caveats, I think we have a great set up in the COTs for silver and gold. The high-volume sharp sell-off last Thursday in gold and silver dramatically improved an already constructive set up. Friday’s high-volume rebound did not appear to be driven by technical fund buying, but rather some intense competition between the commercial T-rex’s and raptors, adding to the constructive picture. As I write this, on Tuesday morning, the price weakness only adds to the positive structure.
The one thing you must remember about COT analysis is that if a "buy signal" is flashing, as I believe is the case now, lower prices only strengthen the buy case. In this sense, the COTs are somewhat incompatible with chart analysis, which long-time readers know I never reference. The simple reason is if I’m buying an item, silver, that I believe is inherently undervalued to start with, I don’t care to sell it if it becomes more undervalued, as a violation of some chart point may dictate. In this sense, I find the COT analysis to be highly compatible with long-term supply/demand fundamental analysis.
Additionally, aside from pure analysis of the COTs, subjectivity and all, there’s a feeling I have down deep that we are about to see some real surprises to the upside in gold and silver, but especially in silver. We have been in a broad trading range in both, for about a year and a half, and it feels like the time is up on remaining in that range. The COTs strongly suggest the next real move is up.
To those that have written to me about a new campaign against the manipulation by the big concentrated shorts, I have not forgotten, even if I have not had time to personally respond to all of you. The private initiative I have undertaken to this end is drawing to a conclusion and will set the tone for any new campaign.
http://news.silverseek.com/TedButler/1187108900.php
LUM Bouncing
LUM - Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Luminent Mortgage Capital, Inc.
Tuesday August 14, 5:00 pm ET
BENSALEM, Pa., Aug. 14 /PRNewswire/ -- Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the publicly traded securities of Luminent Mortgage Capital, Inc. ("Luminent" or the "Company") (NYSE: LUM - News) between October 10, 2006, and August 6, 2007 (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Northern District of California.
The Complaint alleges that defendants violated federal securities laws by issuing material misrepresentations to the market concerning the Company's operations and prospects, thereby artificially inflating the price of Luminent securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Luminent shares between October 10, 2006, and August 6, 2007, you have certain rights, and have until October 8, 2007, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, Toll-Free at (888) 638-4847, by email to howardsmithlaw@hotmail.com or visit our website at http://www.howardsmithlaw.com.
nope, never even heard of it, I think the have it in Quebec only. I'm in Ontario.
lmfao!
TMA was halted just shortly before....
who knows.
lol
i dunno but they got the last two LUM halts right
(Aug 6 and 8)
And we like the Canadian buck up here. Keeps the yanks from strolling across the border for real beer.
I thought about throwing some "titty bar" funds at this at .12, but never did....
TDWaterhouse (Canadian eh!)
but, I dont see it on the halt list...
http://nasdaqtrader.com/asp/TradeHaltShowPage.asp
yet...
Dont know why its not showing up on the "halt list" ?
http://nasdaqtrader.com/asp/TradeHaltShowPage.asp
My broker showed it was halted...
it was halted on Aug 6 and 8th also.
hopefully they let her trade tomorrow and she pops enough for u to get out...
not feeling warm and fuzzy about that happening though...
yeah, ugly
my broker...
LUM US Trading Halted.
LUM was halted just before the bell.
LUM Halted
LUM Halted
ok, one comment on PDSF...
RUN AWAY!!! lol
you might be able to trade it for a gain, but I wouldnt put any money in this thing.
Hurricane plays heating up...
You gonna play some ECCI again this year?
sure it is...
heres the board for your PDSF
http://investorshub.advfn.com/boards/board.asp?board_id=5184
good luck with that one...another dilution machine with a history of RS...
yeah, Almost every penny ticker has their own board ihub.
Not sure I understand the question.
Take alook around...
Almost every Pink gets 'pumped' by somebody...
(insiders, investors, bagholders)
atotalbum, maybe below 8 before end of the day!
its a Pink, you cant!
lol, actually over 2 months...
They still dont have an MM in place. Havent even filed the 15c yet. Volume is up this am, expecting news this week.
Quite the interesting read this board has been over the weekend...
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source: http://www.investopedia.com
Exhaustion Gap
This is the gap that forms at the end of a trend and is a negative sign that the trend is about to reverse. This usually occurs at the last thrusts of a trend (typically marked with panic or hype), but can also be the point when weaker market participants start to move in or out of the security.
The exhaustion gap usually coincides with an irrational market philosophy, such as the security being touted as "a can't-miss opportunity" or conversely as something to "avoid at all costs".
To identify this as an exhaustion gap or the last large move in the trend, the gap should be marked with a large amount of volume. The strength of this signal is also increased when it occurs after the security has already made a substantial move.
Many technical analysts consider it a temporary gap. The range in prices gapped by the decrease in demand is expected to be filled once demand and the upward pressure on price are re-ignited.
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To me, UA looks like a perfect example....
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The pump:
Jim Cramer's Mad Money In-Depth Stock Picks, 8/1/07
"Cramer notes UA and CROX are both up and comments they have both been good trades, although he thinks UA will be better in the long run."
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Hig Volume spike on 7/31 was 6,654,615 (almost 5 times normal)
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Divergence on RSI, Accum/Dist, MACD
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UA Chart:
Wouldnt it need to hit 55.18 in order to fill the gap?
I agree, this is coming down!
Based on the 6 month chart and almost zero volume trading between 2 and 3 cents...
Isnt that cheap enough?
The company needs to start doing something to support their pps.
Are you referring to that little gap back around May 13th?
I guess we wont see that getting "filled" anytime soon.
But, I will go out on a limb and predict this thing is below 8 bucks before the end of next week.
OMNI looks tempting down here...
opportunity for cheap shares?
lol
They have been cheap for over 2 months now!
I agree completely on the religion topic. Enough already!
And your just hoping tech comes down so you can get out of your short without losing your shirt.
As for my liver, well, I'm sure its gonna be ok....for now.
lol
Thanks Tsafi!
Ok, so I have been power drinking for a while, but this looks pretty damn convincing to me right now...