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LOL, I got a picture of my Dad in the bleachers at Wrigley, it was in the middle of a Cubs/Phillies double header, rain delayed, and he had an empty popcorn bucket on top of his head for the rain. The guys behind us were getting high, and I think he inhaled!
I'll have to look that up about who I was thinking about, from the '83-84 era.
imho, Jerome
DOW Maybe st support here, but after breaking the trendline from Sept, it looks like 9800 might be retested. Same with NDX, 1550.
imho, Jerome
The May 30 strike put is a good one as well, $2 this AM, and now covering the spread, after BCRM lost about 3%. I don't have them yet, just riding the stock short.
imho, Jerome
Back in the '80's ,wasnt' a big homer or k guy named Kingman, or something like that with the Mariners, it seems to me that the upper left section of the Kingdome had a section named after him.
Shortstop Antonio Perez, sure hope he is the next Ozzie!
imho, Jerome
That's a good read, but not the links I was referring to, here it is:
http://www.capitalstool.com/anals.htm#Today
imho, Jerome
Hi, that is May puts for some tech stocks, for instance strike 40 for BRCM (this gives me a little more leeway for in case I'm wrong) I have found that I am sometimes early, but that if I have patience, the mk't does come to my strike, so unless its a short swing or daytrade, I buy further out usually.
I was looking at some SPX charts this weekend, sure looks like it could roll over. NDX a failed double top? Could be, look at this guys charts:
http://www.financialsense.com/stormwatch/update.htm
imho, Jerome
I like options at the begining of a a trend shift. Right now I am looking at the NDX dailys in relation to some tech stocks, tracking their reaction to it's weakness and rallies. Last week, I was focusing on BRCM, and it trails the NDX in strength, and sells off harder, a very soft stock, imo. I think the mk't might get one more push, like a blow-off, but its arguable that this already happened last week, with the nice gap up, wed I believe, and then later day sell-off happening off no news. That to me is telling. Right now I'm short, and eyeing May puts, but will probably also flip into friday the Jan options, especially if we see good volitility.
imho, Jerome
Am looking for first sign of weakness on this 4 month bear rally to load up on May puts for Tech companies.
imho, Jerome
That was PAINFUL watching the bullpen implode in NY, with Rhodes and Suzuki giving up homers. Must have been even worse to see for Nelson on the bench. But you can't really fault the relievers for the bats not showing up. I've always been a cheap seat guy. I remember $3 tickets up on the top left field level in the Kingdome.... I always wind up wandering around to find a nice seat anyway. My favorite there was finding myself 4 rows back of homeplate as Griffey hit his 52nd, and Johnson won his 20th, a few years back.
I hope the Mariners land another strong pitcher, but not sure where they might find one. This could be a weak spot if the young staff doesn't come through.
I think the Yankees are being hyped up. They lost 4 starters, and are counting on younger players quite a bit. I think Texas will again suck an egg, but probably field above the A's, Tribe is not as good, still Yankees vs Mariners.
imho, Jerome
Thanks for the update, looking forward to GTCI financials to see what we have here.
imho, Jerome
TGHI will make the next filing. The reason why the NASD is holding this up is in regards to arounf 5M shares that were issued to a Merrill Lynch related group a year or so ago. They want an accounting of those shares, and supposedly, those who recieved the shares (a deal Jacques made I guess) are not totally cooperating. John is still trying to work the stock back to the OTCBB, but he's encountered this resistance... Jacques needs to get behind it, or get out of the way. He's got shares though, so someone has to buy him out... anyway, we wait.
imho, Jerome
Yea, I just pick a top and then move the stop cover down on the way, it's way over bought, and due a correction. I don't think i'm 'best in class' but am making a buck, lol.
It's a nice stock to play, due to it's volatility (which can cut both ways). I just do the technicals, pick an entry,a nd if it hits I act... if I get screwed from news, oh well! But usually, the news works with the trend or chart, not against, and this is showing a shadow formation, another down day tomorrow, and we are looking at 3 black crows.
imho, Jerome
The Rising Wedge on an intraday chart-- looking at NDX over the past three days, this fits.
imho, Jerome
Tech looks peaked to me, watching BRCM the past few days, any weakness on the NDX, and it tanks a lot quicker, looks short.
imho, Jerome
Thanks, 15th, looking forward to it. MM's on bid side at .035 are getting stronger, looks like an uptick is ahead.
imho, Jerome
Good post, let us know how it proceeds. eom
imho, Jerome
The email is easy to understand, as he might be on the road, and have his comics email not on his computer(this happens to me, hence I've a webbox email as well).
I have had the same expericences as you to a degree.
We will have to play wait and see, still... RR doesn't have anymore shares to dish out (where oh where did they all go!), so he's got to do something different now, be a real reporting company for his investors. It's definetly put up or shut up time for him.
imho, Jerome
That sounds right, but I would think that if you have a broker that has a wide OTCBB market, like Schwab or Herzog say, that they would request it for you. But there is no reason why RR just can't make it public anyway, it would be to his advantage, I don't know why he just doesn't put up the CMIHoldingsInc.com website?!?! Do me a favor and ask him, he should just put the form up on the website, along with some other info on the holdings, we'd be up to .003-.005 within a week.
imho, Jerome
bigcharts
imho, Jerome
bigcharts
imho, Jerome
Heck no, last thing I want is more shares, am looking to unload some on a good runup!
imho, Jerome
I've read in 'penny stock guides' that they are available, but through your broker only. Funny how you are getting the run-around. Do you have a full-service broker? Yea, we needs something hard financially. RR tells us that the value of this, at a 10:1 sales ratio, is .005, that would be nice to be confirmed.
imho, Jerome
Hey Duck, nice Jan trend so far, lets see the bid take us out of the triple 0's, then I 'll be on the road to being happy!
Not even yet, but halfway there.
imho, Jerome
Oh, this thread, hey, I think CIEN is coming off the bottom, I got in late monday.
imho, Jerome
OK, yea, I just cut and pasted it to see if it would work, their site is a wonderful resource:
http://www.saavycharts.com/
You might try emailing him at cybersaavy@yahoo.com
I use mytrack.com trading platform, and it has AIQ chart resources, so I can create this type of chart, but can only put it on a webpage if I print it out and load it up on my server.
I may look more into doing this, and if I find anything more out about it, I'll let you know. I do trend lines all day on my platform, I know you can start to look at them via a simple java trader, that allows you to click and drag a trendline, here's a site that does so:
http://www.metastock.com/java
imho, Jerome
TGHI in 2001, closed at .01 Next year, we could be potentially the biggest mover on the OTC, look at it that way!
Happy New Year, no way can 2002 be as bad as 2001 was!!!!
imho, Jerome
China Overtakes Italy as World's Sixth Biggest Economy
ROME, Dec 31, 2001 (Xinhua via COMTEX) -- China has snatched the sixth place
from Italy in the table of the world's top economic powers, the Bloomberg news
agency reported on Monday.
Over the 12-month period ending in September 2001, Italy's GDP was 1.1 trillion
U.S. dollars, Bloomberg said, noting that this was less than the 1.2 trillion
dollars cited by China's central statistics office in a press report Monday.
Chinese authorities were quoted in a top national daily as forecasting gross
domestic product for 2001 at 9,580 billion yuan (1.2 trillion dollars).
Because the period referred to by Chinese officials (January-December 2001) was
different to the statistics for Italy, some doubt remained over whether China
had actually overtaken Italy.
If the Bloomberg rankings are confirmed, Italy will slip to the seventh place in
the table of economic powers, behind China and France which share fifth place.
The top four are the United States, Japan, Germany and Britain.
China, which recently joined the World Trade Organisation (WTO), has averaged
GDP growth of 8.3 percent in the last five years. Italy's average growth has
been under 3 percent.
imho, Jerome
Which post are you referring too? It sounds like a software chart to me. There are some java sites online that you can do it with, but I use ICQ for mine.
imho, Jerome
CIEN--Stoch and MA's say breaking out to me, so am buying on the dips right now, resistance at high 15's, then a run to fill the gap up to ~18 Outperforming JNPR and CSCO today, alongside JDSU, should be a nice Jan runner.
imho, Jerome
The websites that work have a symbol somewhere or another where they are from. The key point is to right click on the chart, the properties, and then cut the address URL from there, and then follow directions that Matt has here in the header. Try it.
imho, Jerome
yahoo
imho, Jerome
Historically, it's an up day, 29 years in a row I read somewhere. IMCL is a falling knife, here's a holiday idea:
The House of Cards
The house of cards has been built over the past four months in the market. If you had been watching the open interest in the S&P futures you would have know that on the low week in September the open interest was 499,170 contracts with a closing price of 977. Open interest expand to 561,312 contracts with the price closing at 1140 on the week of December 3, 2001. So what you see is an expansion of open interest with the price climbing and that is bullish to that price level (1140).
Now if we have continued rally from that point it is important to keep open interest constant or expanding. Contracting open interest with a price rally is bearish. Open interest ended the week of December 31, 2001 at 498,484 at a price level of 1159.30. This means over the past month the market has been churning itself sideways and building a base for another advance. So as we rally over the first two weeks of January we will see if we get an expansion of open interest and if we do not you can look for a very week February.
NASDQ Open Interest
I’m not going into a big explanation of open interest in NASDQ Futures but I will put the numbers up and you can figure it out. September 24, 2001 Open interest was 48,131 @ a closing price of 1137.00 December 17, 2001 Open interest was 79,015 @ a closing price of 1612.50 December 31, 2001 Open interest was 47,418 @ a closing price of 1624.00
alexandergrace: One curious event that has not taken place was the turning up of monthly momentum models on the NASDQ and S&P futures this is surprising to me but it is what it is and it is not good. So what we have had is a bear market rally for a period of months and until these models cross and turn up tend to make this market reminiscent of the 1932 Dow Jones stock market. Now we have not had 3 down years in a row since the 1939-1941 period in the stock market. That stock market had just come through the great depression and was rescued by World War II. Is it likely the we have 3
alexandergrace: straight down years? I don’t think so but the old pattern of getting out of the way in February in upon us. We just have gone through the best season in the market and the upside here is not big at this point. Now when I think about valuation in the market the same theme comes to mind it is too expensive in many industry groups. So should I be buying over valued technology stocks I don’t think so. Guess what the only cheap group continues to be energy.
alexandergrace: www.TradingConcepts.net WEEKEND EDITION 1-7-02
imho, Jerome
You are talking about today, right? Yes, very strange for this stock I thought. I hope strange is good!
imho, Jerome
end of year games by the MM's going on, as they moved it down yesterday on little selling, took a lot of buys off the ask, and now have moved the ask back up, but the bid remains below.
I hope Ross is serious about getting this stock back up, taking into account the FS, the actual % has been nearly doubled in O/S since he's taken over, and the A/S is all taken, what's next....
imho, Jerome
Is Marty, the CEO of IAMK, a woman, the one who ran it a couple of years ago? I'd just be wondering about a RS.
imho, Jerome
Did IAWK have a previous symbol?
imho, Jerome
GRIN has been around awhile, they take off with any mania going on. I remember the Pokemon run, with GRIN went up to nearly $30 from 7 in a week, while TMAX was also a nice kaboom to $17, SYCD, DVUI, that was a nice time.
Anyway, XNET is moving nicely today, up 10-20% news out:
XIN NET CORP: WORLD ENVIROTECH INC - Xin Net Acquires Control of World
Envirotech, Inc.
New York, New York, Dec 28, 2001 (Market News Publishing via COMTEX) -- Further
to the press release of November 26, 2001 Xin Net Corp. has acquired control of
World Envirotech, Inc., a Colorado corporation, through the purchase of
3,882,700 shares of World Envirotech or 71% of its issued and outstanding
shares. Xin Net and World Envirotech intend to negotiate an agreement with Hong
Kong-based ProtectServe Pacific Ltd. ("PSP"), in replacement of the Share
Exchange Agreement signed between Xin Net and PSP on October 1, 2001.
"Xinnet" provides online domain name registration, web site hosting, design &
management and e-commerce solutions to customers mainly in China and SAR Hong
Kong. It currently has offices in Beijing, Chengdu, Guangzhou, Nanjing, Shanghai
and Shenyang. It operates the following web sites: www.chinadns.com,
www.paycenter.com.cn, and www.ebwdiy.com
imho, Jerome
ITWO is looking mighty fine.
imho, Jerome
test
imho, Jerome
DJU reversal just about here:
imho, Jerome