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Dow Jones Industrial Average (DJIA) Chart Analysis
This past week the Dow Jones Industrial Average (DJIA) rose 279 points or 2.81% after tumbling over 1200 points in the month of May. Uncertainty looms as influential financial networks continue to publish bearish news [...] This time we break down the Dow Jones Industrial Average (DJIA) into daily and weekly intervals to understand how it fits into the 'big picture', the monthly chart.
Analysis, in video format: http://timelesswealth.net/ta/dow-jones.html
Breaking Down the Dow Jones Industial Average (DJIA)
This past week the Dow Jones Industrial Average (DJIA) rose 279 points or 2.81% after tumbling over 1200 points in the month of May. Uncertainty looms as influential financial networks continue to publish bearish news [...] This time we break down the Dow Jones Industrial Average (DJIA) into daily and weekly intervals to understand how it fits into the 'big picture', the monthly chart.
Analysis, in video format: http://timelesswealth.net/ta/dow-jones.html
$NPD poses an interesting technical perspective. May see a trend reversal next week.
$NPD signaling reversal this session. Commented on it a moment ago http://twitter.com/TimelessWealth
Good afternoon to you salen.
Excellent, thanks. Never underestimate the lakers squad.
I tried to get when things are quiet.
Great approach.
Good one loosemoose.
'Evening folks! Hope all is well.
"how is 25% drop not consolidation?"
Consolidation implies sideways trading, meaning limited movement to both the upside and downside. A 25% drop in price per share is quite excessive to be categorized as 'consolidation', unless you'd like to believe that any move down is consolidation. Try feeding your line to the guy who bought at the top, who finds his investment down 51%.
"Oh no worries sir, it's just consolidating"!
Maintaining your opinion to be fact might appear convenient, but it will certainly not help you in any purpose beyond arguing with me. The price did not consolidate for three sessions. That first session that you are referring to, prior to the two consecutive 'doji' candles forming, the price dropped 25% (hardly consolidation). http://ih.advfn.com/p.php?pid=historical&symbol=THRA
Furthermore, as I've already stated, two consecutive 'doji' candle formations does not constitute a trend reversal. It simply means that the market has yet to decide in which direction it will head. Lastly, there is no reason why the volume should increase while the price is consolidating or trending to the downside. This is a bearish characteristic.
Mark this post and apologize after ENTI takes off monday.
I am content to know that you are at least able to stay on topic. If you recall, your post(s) were regarding Therma-Med (THRA) and not Encounter Technologies (ENTI), as you've asserted in your reply.
Given your vast, shy of two months, experience on investorshub, perhaps you are the one who should sit back, relax, "watch and lern and get pwnd"...because you haven't the faintest clue what you are talking about.
A 'Doji' candle represents indecision in the market. It suggests that a trend reversal is possible but requires confirmation. Two doji candles in sequence do not represent anything more than two consecutive sessions of market indecision. This means that a move to the upside is about as likely as one to the downside, in your situation.
Other factors (non-technical) will inevitably play a much larger role in determining price and volume movement.
"Double Doji Cross " - Does that mean anything? I don't recall this to be any technical signal...
Interesting read. Thanks. Looks like CSTI just added another 1.5M shares; appears to have a large bid in.
Speaking of Market Makers...anyone know who CSTI is? Is this a new MM or an old one with a new ID? I've noticed that in this market (UWRL), CSTI has been quite active, particularly on the bid.
That is essentially what I was saying in my post. Glad we're on the same page.
I think you're mistaken. L2 will show you the "lineup" of market makers both 'bidding' and 'asking' in a market, at a given price. L3 is the system market makers have available to them and it shows the exact size of a particular bid and/or offer at a particular price. Market makers often manipulate L2, which is essentially what 'maskedsuperstar' was reporting. He wrote:
Have had a bid in at 18 for couple of hours, with a partial fill, not showing, and never has been
That is the idea...
Why's that?
Yes, I am affiliated, but I operate independently through portal http://timelesswealth.net
You are correct sir. My calculation was conservative and assumed several things, i.e. the outstanding share count equated to the authorized (should it happen to be so down the road at some point). Based on that I proposed a low-end valuation of $0.005.
US Wireless Online (UWRL), bottom play:
Due Diligence Post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50893066
Bottom-Play US Wireless Online (UWRL):
Due Diligence Post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50893066
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Additional Information
What's most encouraging in being a shareholder here is knowing that the crowd that spilled millions of dollars to help the likes of GoIP Global, Inc. (GOIG), Hard to Treat Diseases (HTDS), among others, to move several hundred percent (%) up, if not some thousand percent, is looking for the next mover. Should they find a mover in US Wireless Online, there will be something to get excited about here.
Add the merger news as a catalyst and this could turn out to be one of best-performing OTC stocks this month.
I believe so as well.
Those numbers are outdated, reconranger.
Ref. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49028962
The number of shares floating in UWRL serves two distinct purposes:
(1)Ensures a 'liquid' market.
(2)Offers enough volatility to attract traders, who subconsciously, create this 'liquid' market.
They had an interesting statement out today. Ingenious design, actually. First, they reassured shareholders that they aren't pleased with the downwards spiral in price movement and will 'investigate' or find means by which to boost it, instead. Second, the news release cleverly hinted on an exciting merger...to be announced. Typically, these stocks tend to jump prior to the actual merger being concluded.
"The "Main" China based subsidiary remains still to be announced. The mandate for our M&A consultants are to locate an operating company with revenues in the 5 to 10 million dollar range with assets of the same. Several such candidates have been identified with UWRL agent still in China reviewing and conducting due diligence on the targeted merger companies."
Source: http://finance.yahoo.com/news/US-Wireless-Online-Inc-UWRL-prnews-213082151.html?x=0&.v=19
On a seperate note, for anyone new or looking to learn more about reverse-mergers (RMs) try this source: http://timelesswealth.net/penny-stock-articles/anatomy-OTC-Reverse-Merger.html
US Wireless Online ($UWRL) is seeing strong volume on the move up this session.
And one of the few which hasn't seen as significant a rally as many of their others...
It appears somewhat 'sloppy' at this point in time.
It's interesting...should there be any catalyst for strong volume in this market, SFOR could see quite an extensive upside. Would you call the recent price a bottom?
Graeme50, Alias Born On: Tuesday, January 13, 2009
That means you were here to play witness to the design by Thresher Industries. Not only is Sunrise Consulting Group's work unoriginal, but it's ill-timed too. The company did not provide a large enough time span between Thresher Industries' inevitable fall and this unoriginal plan of theirs! They say "a sucker is born every minute", not "a sucker is born every second".
To think, while THRR traded above $0.002/share, I wrote a piece on the company warning of their true intentions: http://timelesswealth.net/penny-stock-articles/tresher-thrr-cream-of-the-otc.html
The problem is too often folks forget to read between the lines. The message was loud and clear, as is this one. An announcement may be coming Tuesday, but a buyout, never.
Good one...
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Additional Information
Why stop at a miniscule $1B valuation? Throw in their site and they're worth at least $1,000,000,187
http://stimator.com/paychest-com
An Investor’s Guide To Winning In a Bear Market.
By TimelessWealth.net, May 23rd, 2010
Misinformation is a widespread practice on Wall Street. Consequently, this creates a convenient platform for influential networks and media outlets to subdue the general (often unsuspecting) public and skew (manipulate) information in their favor...
In related news, TimelessWealth.net Staff advise investors to take everything they hear, read, and see with a grain of salt - and perhaps an Advil for that matter (at least for the time being). The rule of thumb states that both bull and bear markets are exaggerated, which is essentially why corrections exist - to validate and restore equilibrium in the market(s). But the question is not what is going on (if you haven't heard, we'll keep you up to speed) or why is what's going on...well, going on (there are enough "gurus" sharing their "expertise" on the matters). Our readers are more interested in how to brace for what's going on and sequentially end up making some 'coin' when it's all said and done. Our members have asked for guidance and so we give you three simple ideas to bank on.
Continue Reading: http://tinyurl.com/2ev4r2o
An Investor’s Guide To Winning In a Bear Market.
By TimelessWealth.net, May 23rd, 2010
Misinformation is a widespread practice on Wall Street. Consequently, this creates a convenient platform for influential networks and media outlets to subdue the general (often unsuspecting) public and skew (manipulate) information in their favor. In a recent article, Phillip Davis breaks down CNBC's market coverage of Thursday's trading session, challenging the numerous statements made by analysts at the time.
In related news, TimelessWealth.net Staff advise investors to take everything they hear, read, and see with a grain of salt - and perhaps an Advil for that matter (at least for the time being). The rule of thumb states that both bull and bear markets are exaggerated, which is essentially why corrections exist - to validate and restore equilibrium in the market(s). But the question is not what is going on (if you haven't heard, we'll keep you up to speed) or why is what's going on...well, going on (there are enough "gurus" sharing their "expertise" on the matters). Our readers are more interested in how to brace for what's going on and sequentially end up making some 'coin' when it's all said and done. Our members have asked for guidance and so we give you three simple ideas to bank on.
Continue Reading: http://tinyurl.com/2ev4r2o
An Investor’s Guide To Winning In a Bear Market.
By TimelessWealth.net, May 23rd, 2010
Misinformation is a widespread practice on Wall Street. Consequently, this creates a convenient platform for influential networks and media outlets to subdue the general (often unsuspecting) public and skew (manipulate) information in their favor. In a recent article, Phillip Davis breaks down CNBC's market coverage of Thursday's trading session, challenging the numerous statements made by analysts at the time.
In related news, TimelessWealth.net Staff advise investors to take everything they hear, read, and see with a grain of salt - and perhaps an Advil for that matter (at least for the time being). The rule of thumb states that both bull and bear markets are exaggerated, which is essentially why corrections exist - to validate and restore equilibrium in the market(s). But the question is not what is going on (if you haven't heard, we'll keep you up to speed) or why is what's going on...well, going on (there are enough "gurus" sharing their "expertise" on the matters). Our readers are more interested in how to brace for what's going on and sequentially end up making some 'coin' when it's all said and done. Our members have asked for guidance and so we give you three simple ideas to bank on.
Continue Reading: http://tinyurl.com/2ev4r2o