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PS; It takes 2 to spin your infant. If you drop him on his head, trying this by yourself, don't sue me. It's only in my opinion. LOL
Wow your twins, got my mind in raising rug rats mode.
Here's a MUST HAVE, when they start crawling, or you'll never be able to find one. One that's easy, keeping an eye on, but 2, that's another story.
Jolly jumpers; don't hang them in front of a picture window. Screwed lags into the living room ceiling and someone drove by and called the police. Had to explain why I hung my kids from the ceiling. Jolly jumpers were a new thing back then. Jolly jumpers were great with twins, they have the instinct to compete at an early age. Damn kids would bounce 2 ft high for hours,sometime.
Closed 2 trades on this 2 week swing trades already. Down 6% on ASTI and up 5% on SONS.
Congrat's Post pix when possible.
I had twin boys also and could start a message board about that subject also. LOL Everyone is in for a wonderful experience.
Mine are 33 now. Each thinks the other is an idiot, but spend every second together laughing and having fun, at family get togethers. Ying & yang I call them.
There will be an alpha, he's the one which jumps off the back of the sofa, while the other watches, to see what happens. That one will always jump first, the rest of his life and the other will always think first.
Here's 2 TIPs for the beginning of the experience;
1. Paint ones toe nail the first 6 to 9 months, till parents can find their different personalities. Because personalities will be the only way to tell the difference, unless they have some body mark. mine didn't. As they grow, from time to time one will have a slimmer face then the other. But that doesn't last long and doesn't repeat for the same child every time.
2. Mine had out of sync sleep patterns. When one was asleep, the other was up. After a month of that, my 75 year old neighbor said; hold one up facing you and spin him heads over toes 3 times, front ways, not side ways. No sleep for me & my wife caused us to try it. LOL
It worked, slowly falling out of sync over a week. So once a week for 2 months we repeated it, till they got completely in sync on their own. Old Connecticut wife's tale, but it worked.
Here's some home work. You have the chart link. Find the chart pattern and calculate the pattern target.
Hint it's over half way to target today. Kind-a late for entry now. But try to figure out the target for practice.
Just a bit of info I found interesting.
We had some profit taking at the S&P today. 1.7 bil volume with candle tail below. Still waiting for "V" throwback.
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p17894360857
Other TECH sector watch listers;
SOL 2.85 target 3.15
FCEL 2.65 larger 2.85 target 3.05
OTIV 3.10 target 3.85
OTIX is another one I missed entry on. Because I didn't place standing orders. This one didn't come back during the day, so I didn't enter during the day like LRAD & SONS. ASTI gapped past and came back to close standing order. Finished down, but actually like the initial emotion snapping back quickly. Might bite me in the ass still, though.
Wanted in @ 2.90, now will take 3.10.
This weekend I put LRAD on strong watch in the Scientific & Technical Instruments industry. Didn't place standing order. But picked some up @ 3.45 this afternoon. I plan on stepping into this one. Run to date, a little top heavy, but the Tech sector is hot and where most of my new watch list is at.
http://stockcharts.com/h-sc/ui?s=LRAD&p=D&yr=0&mn=3&dy=0&id=p45522075506
Same at SONS not same industry. Missed standing order closed this afternoon @ 3.85.
http://stockcharts.com/h-sc/ui?s=SONS&p=D&yr=0&mn=3&dy=0&id=p86229978718
Cleaned my plate today. Sold RIC for 5%, GORO -3%, and ARO +3% at big boards. Sold ENCR and OOIL @ even, in pennyland.
On sidelines except ASTI gapped and closed me @ 3.20. Concern there. Didn't have time to place 3.60 target sell.
Mister softy may go soft again. MFST
After Friday night homework, I would like to mention something about my position trade this year. MSFT. Got my reverse heads and shoulders / divvy 10%+/- Q1, said stay out Q2, will retrace to lower channel trend line around 38 and did. Re-entered Q3 for ascending triangle target / divvy and just closed that as planned for another 6%+/- @ dividend record date. Higher the price, lower the gain.
http://www.finviz.com/quote.ashx?t=MSFT
Here's the heads up !
I feel MSFT is on it's last move higher soon. Not a 3 month position trade, but few week swing trade. Before it tops out on a several year bump & run pattern by end of year. Probably Nov. with S&P.
Right now it has a "V" bottom, just like the S&P. And has been tracking the S&P very well for 9 months. I expect the S&P will wash back to 1985 and continue up to Nov. At 2060 target. I also feel MSFT will continue to trace the S&P, it's had it's throwback and is about to start it's climb. Looking at 5%+/- breaking top trend line before reversal to bottom bump & run line back to the 30ies.
So IMO if you've been interested in Microsoft's climb out of the 20ies. This may be your last chance for a gain for a while.
Bump & Run Reversal chart; Note: Monthly volume has been falling since 2013 run phase.
This years position trades
Next play "V" bottom
Good night.
Remember;
Incumbents: Fire them all!! VOTE
OK pretty much done my work tonight. Have a nice new watch list for my next 2 week swing trade cycle. One last heads up. It's one of my long holds, on a divvy play. ARR may be giving you a buying op soon. Meaning the price could fall, lowering you basis.
The chart is walking out the bottom of a rising wedge. And that usually means retrace below; equal to the height of the wedge start. In this case could see 3.55. If happens 14% divvy could rise to over 15% again. Where my basis is at. All things held the same with monthly distributions.
I may sell some here and during any retrace, taking/banking profits and re-enter lower again. really don't expect distribution to change.
http://www.finviz.com/quote.ashx?t=ARR,
You need to study and learn chart patterns. That's what I play and what gets a stock on watch. A chart pattern in the early stages of forming a pattern. When it progresses toward break it's moved to strong watch; just like the post I just did on AMBS. An ascending triangle was starting, with the bounce Aug 15th ( didn't break resistance) and it made watch. Now it's progressed to a possible trend bounce for resistance, so strong watch.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105799982
That's my number, like the small calm candles price swings since last week, at AMBS. So just a little above resistance seems OK. GUT feeling 50%/experience 50%.
http://stockcharts.com/h-sc/ui?s=AMBS&p=D&yr=0&mn=3&dy=0&id=p83585402885
Safety is .15. higher risk .11 next resistance @ ERFB
http://stockcharts.com/h-sc/ui?s=ERFB&p=D&yr=0&mn=3&dy=0&id=p82252632336
Yea several black candles right after breakout causes concern as to just who is/will control the future. By lowering my acceptable loss, I protect capital if something big happens while I'm not watching. But I'm thinking shorts are thinking enough is enough and they might win. If sentiment wins, I can still hold for target.
This stock will be checked daily now and an exit decision will made based on who wins. I will try to cut losses even less then 3% if warranted with constant surveillance. Looking for end of gap opens, saying retail giving up. Or real red day retrace day and I'm gone at GORO. back to strong watch.
Fakeout protection is a gut feeling. But most of the time I look at the average daily price swings and place my buy that far above breakout. This doesn't always work because resistance break can be emotional, even on the big boards. So no matter what you do, there's always a chance it pops, closes your buy stop and retraces the next day.
Other times there is something in the TA or chart that gives me confidence and I buy right at resistance. Like a nice steady slow climb with increasing volume. That says the move is worked at/ calm, and steady calm retail sentiment is comforting it will continue.
Another aid is to check the short interest. if it's close to or above 10%, there are good odds any breakout will be met with a short fight, causing retrace back to resistance.
50% gut and 50% experience is used to protect from fake breakouts. But the main thing to remember is don't let a fakeout fall to far before exiting. As you are learning, one can always re-entry on continuation. But you can't get back what's lost if it doesn't. Trade fees are usually worth the protection.
Have either of you looked at ASTI? Both a psychological standpoint and charting one. To a bottom bounce play you've been studying.
Was under listing requirements, dove on reverse split news to solve that problem and now popped on financials, new funding, and good 10Q turn around news. Institutional buying increase 150%, small short position 2%, at bottom of long down channel and great new volume interest in todays pop and quick gap fill. Channel target around 3.60. Second resistance level from where it is now. Looking for 3.20 next resistance for entry.
http://www.finviz.com/quote.ashx?t=ASTI&ty=c&ta=1&p=d&b=1
3 month
http://stockcharts.com/h-sc/ui?s=ASTI&p=D&yr=0&mn=3&dy=0&id=p89732807652
AMBS update
Working some tonight;
Here's a free trading pennyland play, I still had on weekly watch. Can trade the TA & charts there. So lets move it to strong watch. I just placed my standing buy order for ascending triangle breakout. Think it's my third entry. Have to check records. LOL Senior moment, getting old.
TA indicators look good. Needs volume increasing to continue.
ERFB Pennyland
Here's one to keep an eye on. Either VC's are actually investing big in an OTC company (unheard of) or there's going to be a shit storm of dumping above .15 IMO someday.
FEB 2014 the OS was 62k.
APR 2014 OS was 1 mil
May 2014 OS was 2.4 mil
June 2014 OS was 4.3 mil
July 2014 OS was 6.3 mil
AUG 2014 OS was 8.2 mil
There has been very little business story news and no price or volume surges since the April pull down.
http://stockcharts.com/h-sc/ui?s=ERFB&p=D&yr=0&mn=6&dy=0&id=p86657793982
PR
July 29, 2014, through August 11, 2014, we issued 1,020,000 common stock shares pursuant to Convertible Promissory Notes. The Shares were issued at an average of $.052 per share
RIC & GORO below are explanations of my trading style just posted about. Adjust as needed to preserve capital. Hope some learn something from this post. Or at least see how my low risk mind works.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105758433
link back
Standing sell closed @ OOIL .16 to .18 (13%)at resistance levels. Re-entered small EOD @ .18 to .20 next resistance. Smaller re-entry because volume today was half the day before. Re-entered at all, because EOD ran back to high of day. Welcome to my mind. LOL
http://stockcharts.com/h-sc/ui?s=OOIL&p=D&yr=0&mn=3&dy=0&id=p28715471682
Standing sell close @ TLMR 14.10 to 14.65. (4%)Flag target. Straight forward.
http://stockcharts.com/h-sc/ui?s=TLMR&p=D&yr=0&mn=3&dy=0&id=p56188686326
Up dates
ARO chugging toward 4.40 gap fill, in @ $4.00
http://stockcharts.com/h-sc/ui?s=ARO&p=D&yr=0&mn=3&dy=0&id=p74303513253
GORO 6.20 re-entry having trouble getting out of it's own way. I think shorts are moving in, because of 3 gap open black candles. This is interesting, check the chart.
Keep this indication in the back of your head. I may dump early because of this concern. It's a capital preservation sign. Sentiment gap opens, with phycology pull downs. Traders vs. investors thing. IMO there's a enough, is enough, battle going on. So reduced the size of my trailing stop. From 6% half the 12% gain target to 3% now. Basically only willing to lose 3% now, but still want 12%. Only adjust plan to save capital, thing.
http://stockcharts.com/h-sc/ui?s=GORO&p=D&yr=0&mn=3&dy=0&id=p42584380492
RIC on the move again, after my 2.60 flag break entry, last week. Adjusted target from 3.45 flag to 3.10 short term ascending triangle.
Another interesting play I thought worth posting about. Sentiment has seemed to change. Kind of expected because of the huge run in the first place. Flag target was 3.45, but my plan called for 80 cent gain target from flag break, to 3.25 not $1.00 to 3.45. Then there was the throw back and climb, creating a shorter term ascending triangle.
So here's the thought process to adjust the original plan. Which was obviously needed. The original flag pole was just IMO too much to expect a second time. Seems sentiment has agreed and lowered the breakout target. So I did. Remember always trade the most resent pattern target first.
Now if new 3.10 target is reached, I'll strong watch for re-entry to 3.45 next flag target.
Are we talking about the same stock. KS chart shows price range in the 30 dollar area ????
KS has a mid term symmetrical triangle, with a prior down trend. Check the pattern. It's negative.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation
Also has a descending triangle short term. Also negative.
Caution.
BTZO
Block orders possibly wash trades. To draw retail attention with volume spikes. Just did a post about that subject.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105152425&txt2find=wash|trades
Aug OS 841 mil
May OS 276 mil
565 mil shares for sale.
Zero business news story since May, CEO changed. Over 200% dilution. Could be another internal reverse merger again. I also just posted about that with another stock.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105715616
Watch for business news, to signal possible darkside play. As if this is a takeover, they should announce some change in business plan/company direction so new VCs can start their run.
Thing trades like a Bio, only thing I see there is trade the gaps.
Pull down to funding level, bottom fishers moving in, Early.
SPX up date
Link back
Looks like we're seeing the throwback stage of the "V" bottom pattern at the S&P now. I did a video on the subject back in FEB.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97598180
In my last SPX up date, I went out on a limb and said I doubt it would continue past 1990. Just like most "V" bottom do. Momentum took it to 2002/3 area. Today came the start of the pattern throw back. When it retraces to "V" bottom target line 1990 +/-, again.
So it seems my limb will NOT break and make me fall on my face.
Here's what to expect in the future on the S&P.
As the chart looks like this now;
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p98673369485
That's it. When I move a stock from weekly watch, to daily strong watch. I have a trading plan based on the chart pattern already. I then place a buy stop order at breakout and let it stand.
Then just check portfolio for closed orders. Once closed, I place my gain target within the trading plan. With a sell stop and an acceptable loss, trailing stop %, half the gain % wanted. And again, watch my portfolio for close. I don't usually follow the stock daily, as I have the plan, and orders placed to execute the plan.
So trade the plan !
I swing trade on a 2 week cycle. So I do check the chart for needed adjustment every few days though. And sell at the end of the 2 weeks, no matter where price is, if the standing orders haven't closed.
Kind of boring at the big boards.
I trade from an existing pool of stocks, which meet my requirements. Not the entire markets "what's hot action". My universe is 8 stocks if I plan to trade 4.
Requirements
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79890992
Home work, watch lists, strong watch lists, standing buy order closed, standing sell order closed, adjustments if needed. On to the next one.
Oh yea, most all adjustments are early exits to preserve capital. Rarely adjust gain to satisfy greed. The chart pattern caps the gain, but I love saving money and am always happy with what I get. Even if I miss some.
Basic, simple and clean !
IGC
GV up date
Here's a perfect example of volume in volume out. To judge entry on island reversal pattern. Also 1st gap up in a new run is often left behind. 2 TIPs I post about.
Plan was small entry to gap area. 1.75 to 1.85. Take profits and re-enter in gap area for gap fill and next resistance. 1.90 to 2.30.
Closed my larger entry EOD yesterday for another 10%. A little early. Plan was 2.30 next resistance. But happy with gap fill, after this stall. 1.90 to 2.15.
Back on strong watch for continuation for next possible continuation from 2.30 to 2.55 top resistance.
Check this chart.
The more you see something happen, the more you can rely on it !
Note: trades were at resistance and/or gap points. Like a single bottom bounce play.
JALA is same as these 2. check links back. Just bottom fishers moving in. Early.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105708383
JALA
http://stockcharts.com/h-sc/ui?s=JALA&p=D&yr=0&mn=6&dy=0&id=p26018256632
EWSI
http://stockcharts.com/h-sc/ui?s=EWSI&p=D&yr=0&mn=6&dy=0&id=p67306552393
IGRW
http://stockcharts.com/h-sc/ui?s=IGRW&p=D&yr=0&mn=6&dy=0&id=p87111089828
FLST
Since there continued to be so much interest still in FLST I took another look after removing it from watch.
Very strange. Especially todays trade halt in the middle of a ask buying pump? And 2 a day, large block orders, in the past 5 days. This action is very strange.
Notice ASHER zero'd out of another OTC stock. That's 9 I think. Another VC picked up 2% 15mil. Another strange action. You don't need to report ownership change under 5%. Company doubled the A/S, so they have new funding plans. And the old CEO has been replaced.
This is looking like an internal reverse merger. Out with the old, in comes the new. Block order at bottom, trades stop while ask is being eaten up, management change, double stock available to be sold and VC's shifting in & out. Way flaky but signs of a new start.
No business news, since my June 1st heads up. Maybe a company direction change in the business plan ahead. LOL POT ??? What the hell do they do any way. Read the new CEO ran construction projects. I thought the company was Fuelstream
Have no idea what your posting about at EWSI. Was the 11th,18th, or 21st the day? Today is not the day, just another day. IMO
All TA indicators are negative.
http://stockcharts.com/h-sc/ui?s=EWSI&p=D&yr=0&mn=1&dy=0&id=p79790636615
The start of a expected trade, does not create greatness. Just shows some experience. Keeping watch lists with twice the stocks one wants to play is key. Half don't break, and with those that do progress toward break, I post a heads up.
So think about it. My odds are in my favor in being correct many times, because you don't see the ones that don't pan out. But yea, that's my trading style. Create a pool of prospects, trade those which met my restrictions. Standing order closed on ARO @ $4.00
I keep posting these OTC games start when the darkside is ready, not the game signals. I've found game signals at 8 or 10 OTC stocks without 1 running yet. Many long past usual timing. So I remove them from watch.
There is a drought on the OTC. Just waiting for rain. When it happens, there will be plenty of time to find and play the next OTC game. I don't worry about what I miss. I'm happy with what I get. Seems we must wait patiently.
On the big board there are a hundred reasons to sell, but only 1 to buy.
On the OTC there are a hundred reasons to sell, but only 2 reasons to buy.
The second is imply positive mindset in the retail herd.
July 11 NBRI registered shares for sale. After which Tangiers Investors LP claimed 7% ownership or 14 mil. Then Aug 7 the registration became effective and they released a Prospectus. allowing Tangiers Investors LP to buy up to 55,519,864 shares.
Next Aug 12 they reported 2 Convertible Promissory Notes. One funded in increments. Now a management small buy.
NBRI is still on watch because they are funding for shares. The next logical step is funders making profits from this funding. Expect to see that if the company starts PRing about business, instead of funding.
The whole PR story line is big guys are INVESTING, so should you! A storyline switch to Business progress is the move from watch, to strong watch sign. And the funding cycle is complete and run should/could commence.
EWSI has just reached pull down bottom and bottom fishers moving it. Early.
Same as this post;
http://investorshub.advfn.com/boards/replies.aspx?msg=105678413
ENCR
Nope hold small @ .19 for .23 on a 2 week trade plan.