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Been playing the AU short for a while but have been watching that UJ long also. The big question would be do you risk entering either of those positions at this time? Looks risky........ but that never stopped me before. LOL
About time.... LOL
Been in that short off and on for 2 weeks now. I can see .89 on the horizon, imo....
I've been away for a month or so. I've made a few trades here recently but nothing to write home about. Just been a bit hectic here.....
Now that's funny!
Does this help?
https://www.facebook.com/profile.php?id=1141689231
OMG, he put it up as a sticky? LOL
Now we gotta find that "ALL GAPS MUST BE FILLED" rule....
hahahahahahaha
I'll take that as there is no such rule. I wouldn't want to believe that anyone here is leading folks down the wrong path. After all, this board is just filled with outstanding DD for all to follow...
Ya you're right. That was some spectacular technical analysis. Geez
BTW> Can you point me to the rule that states "ALL GAPS MUST BE FILLED." I'm sure those MM's he spoke of follow the rules but I seem to be unable to find such a rule.....
Why?
I noticed. I've had my ash handed to me this month as well. Kinda my own fault as I've had my focus on other things instead of here on forex.... Hang tough buddy
That was one hell of a spike!
Like I said before the truth about this whole thing cannot be revealed overnight. It may be true that an "individual" did not gain financially. We may never really know that since 3rd or 4th parties may have been in place.
ie: a "friend" told me to buy a boatload of DNAX today and sell it before the close the next day.....
But I'm of the group that thinks it's pretty convenient that the company was in dire need of capital and recently upped their share count. Then we just happen to see 100's of millions shares sold just before the big "Opps" is revealed today.....
It's a little early for Thanksgiving but there sure was a sacrificial turkey slain here......
I'm not in. Just watching from the sidelines and calling it like I see's it. I made my money a few years ago here and just hoped that there was still an opportunity here. So I guess that allows to hang around I wish......
Good point. And somebody has to steal as well in this case....
Sure have
Well I guess I should load the boat. I'll be selling the farm to do just that. Thanks for the tip!
The truth can't be gained overnight on this type of thing.
Still watching a company that I had high hopes for. I sold a few years ago but still check in hoping for a sign to buy in. That sign has now turned into a huge red light!
Wow!
If you love BS then you are correct. It was wonderfully said BS. You might be able to even write a little jingle to it....
I'd love to hear how you know this?
Hmmmm. 20:1 forward split causes everyone to hold their worthless shares while they sell more to raise funds. Then after they stop printing wallpaper for folks to buy....... BOOM..... 20:1 reverse split.
Brilliant, I tell ya..... But if you were looking to buy, load the boat now as the price can't go much lower. The risk comes in on whether you think this company can weather this massive storm.
It's a coin flip folks but may be worth a few dollars.....
Just my 2 cents worth......
I took a small position based on the weekly. Gonna have to sit on it for a while though.....
She's gonna slide soon, imo....
I think your neckline may need a bit of an adjustment. I would use the high set on 2/12/14 and 4/3/14. The trendline created is a little lower than your support line and may be a better entry point, imo.....
Economy stalled in Japan. Interest rate decision tonight. AU looks ready for a little bounce here, imo.
Conclusion: Long here on AJ @ 93.67.....
Initial TP set to around 94.60 based on the H4 chart.....
Had another quick trade on an AJ short overnight. I went back to basics and have been just looking for 15-20 pip moves. The Aussie may be ready for another big move. I'd be leaning to the long side but need some confirmation.....
About 50 pips of upside since my post about GU. Watching the MA62 which is currently at 1.6840 on the H4 chart. I already took my change off the table, but if we see some candles closing above that MA62, we could see new highs again, imo....
BTW, I'm also showing us right at or near support for GU. In the past we would see these little pull backs with a bounce and nice bullish run. I grabbed just a small position but might add later if the bounce happens.....
I had another hospital stay and then came home after 5 days. I was so weak I couldn't leave my bed for another 4 days. Finally got a few trades in yesterday and today.
Gonna just take things slow from here on out. Muscular Dystrophy can kick my ass sometimes......
GU is ready for a little bounce here. I'm long with a small position
Looking for a quick one with a long on EU.....
Closed my EA long for another 25 pips...... Next
EA may be ready for a bounce here, imo....
Is it just me or is AU flashing an IHS pattern on the M30 chart?
Now she's a sell'n......
We really can't tell why the selling is going on just yet. But I do know there was a whole group of folks that threw millions to get this thing started and to keep it afloat for the first few years of operation. They were all given private equity deals to raise funds to business operations.
The problem came in when and how the company decided to use said funds. I can tell you that no one made out and got rich in these business dealings. Rather the money was used in mostly the big sponsorship deals from what I can see.
The selling might be shares in an effort to start a new approach in advertising. I sure hope so. A more traditional approach to producing the product and then selling the product with the help traditional advertising might be a good way to stop the bleeding. But only time can tell.
My favorite was the cranrazberry. I was chugging 2 a day for a long while. But then the places I was buying the product stopped carrying it. I can still see it from time to time at different RaceTrac gas stations here in Central Florida. Hope it gets more readily available soon.
But like I said, they need to get more sales before I jump back into the deep end.....
It gets discouraging at times. But like I said, they have a great product. I've been watching the reports to see how sales are doing. If they can start gaining traction in sales and revenues, I would then decide to jump back in. Just because a stock is down at these levels doesn't make it a buy.
Sell some products to gain my trust back..... And I for one miss the meat products. They were the best tasting meat snack out there!