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Todays chart; used the DMI as overlay, interesting trace on PPs.
All and all I see yesterdays short/long reversal, changing back some. More strength to a basing point.
Also noticed a "reverse ascending triangle" (the it doesn't exist triangle) I see happening after every large move, as MMs accumulate and prepair for the next reversal run. IMO
Success!!
OT:William2112 & juststocks
Looks like you guys got out the 15th & 13th last week! Good place to grab profits while you could. Wish you'd come back and help this board with your discussions about TA, event if your on the side lines with Gtel.(just guessing)
William2112 I'm seeing another reverse ascending triangle forming (MMA playing)and I saw the candle body open up today, as you helped me with.
Juststocks I'm finding more and more out about the aroon and would like your opinion about my guesses.
You guys gave me new ideas and helped all here. Thanks!
Tech,kgoodrich & squ1dk1d have also brought new ideas on how to look at trading, using TA.
I may have the biggest mouth, but there are many adding to this board. Lets try to keep it going. We all can benefit, I have.
Success!!
'Laughing Cow' ADD on - - - there are lots of stupid traders. But such a large trade would show it's a MM or day trader expecting to be out by the EOD!
Try to choose indicator numbers that match your chart length more closely. IE the number you choose would fit better to a 3 month chart with daily intervals.
And remember to choose the time frame in which your going to be holding the stock, it's good to (look longer) while evaluating if you want to get into the stock (answer to Watney99's question), but if your in the stock only watch the time frame you expect to be there. If the indicators on that time frame show you the time to get out is coming soon, tighten the chart time frame again!
Get the idea? 1st you want to see over all performance (LONG TIME), then you want to know whats happening lately (MID TIME) and lasts you want to know what's happening now (SHORT TIME).
The 3 months you can choose 56 days because it 3 months, but when looking at a 1 month the numbers should fit within that time frame, 30 max, ETC. OH yea the time interval Daily over 30 day, 30 minute over 10 and 15 minute over 5 day IMO.
Hope this helps.
IMO
RSI(14), OK
SloStoch(56,14), 30,15
MACD(28,56,14), 14,28,7
CMF(14), OK
Aroon(28), 14 (MID range like RSI)
SMA(14,56) 30
over a period of 1 month @ 30 min intervals1 month & daily
Success!!
This is another 1st for Gtel. The first (public relations) PR, not (news) PRESS RELEASE. Wow, marketing at Gtel!!!
Another great sign!
Looks like Gtel will be producing something and I still like the fact, major engineers are coming on board, with Gtel, a no body company, from the big guys!
I wouldn't expect them to put their careers in jeopardy if they didn't see success at the end of the tunnel. IMO
Success!!
fashionman
No one said sell, they said TA indicators indicate a down trend and this is the begining of it.
Could change back next week!
Luck with all your trades! Hope luck turns into an educated guess! LOL
Success!!
Boom, squ1dk1d & all
As with all TA, choose the time frame you plan to hold a position. If it's an long term investment play, 6 months. If it's a swing, I wouldn't care what happened more than 1 month ago. But if it's a quick in and out, I'd look at the 10 day - hour to buy, and 5 day - 15 minute on the day I expect to sell , if 10 day shows reversal.
I'm here to try to help others learn about different TA indicators, I have some experience with. I don't claim to be all knowing and don't expect my evaluation of the indicators to be correct all the time, pennyland. I should keep my opinions out of these discussions, but IMO evaluations of TA may not hold true with GTEL as a example of accuracy for TA.
IMO any exchange that can produce daily 20 -30 -50% PPs swings on a regular basis, makes the past less important then the spec traders interest and MMs needs for profits.
It would be better to use IBM or GE to see all indications follow indicators a little better, only "unexpected" news effects those stocks, but this is a GTEL board.
Sorry I use IMO (in my opinion) but that's all it is about trading pennies. IMO
squ1dk1d
I have to agree with 95% of you last post. plus your the second on this board that said "there's always trend there", you just have to see them. I posted about a reverse accending triangle, which didn't exist and William2112 said, if I noticed it, it exists. Your both correct. I'm also learning here.
As for your type of evaluation, I haven't seen it before. Interesting, I'll look at it harder. Thanks. That's what this board is about, new ideas! I did use a longer look 6 month chart, to pick my last revised swing exit point of 38.3, over the next several weeks. But I feel that's gone without some Gtel event now.
I don't use all this on my trding decisions, just here as a learning tool!
Success !
Success!
Boom ADD on Fashion
Fashion
I don't remember the ADX cross from below was GOOD, should have said it shows a good indicator that the trend reversal, would be stronger. If the reversal is to the downd side (DMI- crossing DMI+) then the down trend is confirmed and should be stronger because it came from a low position.
Boom
You are using a very long term chart for DMI. Yes very long term, on that chart, ADX is showing confirmation of a down trend which occured several days before with DMI- crossing DMI+ showing the down trend start!
Success.
Obviously you are a god, among others, in penny land, I can't do what you can, read accurate charts on manipulated stocks.. There is a guy called stocktriggers, that use to post on RB, that feels the same as you. He started his own pay, stock pick website, which is doing well, I've been told. So I guess there are some gods out their.
Not here to argue, but he called a .27 to .50 target for over 10 months, as MMs walked the PPs down to .067, saying it's coming, every month. Not what I would call accurate analysis IMO.
I've watch too many TA indicators just fall apart in one day with Gtel and many other stocks. I don't care how you interrupt charts, but if you look at the chart patterns on these charts fall apart over and over again from Aug to Dec 2004, you'll see my point.
Ps: I do fine trading, don't worry about me.
I agree! We disagree!
Success !!
Success!!
Todays chart!
squ1dk1d
I've said since day "1" TA doesn't work for penny stocks. Guess I never thought about your take; the MMs are the market in pennies. Basically correct in my opinion, and why TA doesn't work.
Several weeks ago I was introduced to Aroon's and find them to be very accurate indicators of manipulated stocks. That said, I've not had the opportunity to evaluate Gtel with them while Gtel is under the control of the MMs. Because Gtel has had strong volumes for some time. Looking forward to see if they holdup under low volume times! PS: today the long line arron crossed the down high. Not a good sign!
But I use TA in all my other holdings and it does work, low or high volumes! Where the market is the market, not the market makers! LOL
Thanks for you input, I like that; OTC:BB the market is the market makers. So accurate but always thought like it was the regular market, which I have 3/4 th's of my portfolio.
Seve
Just got in and checked for MMa (market makers analysis).
After Fri night chart, I saw a short up trend occuring, with long up trend holding, but weakening and the mid term equal interest, but weakening, for an over all "Stock basing, with short & long UP ahead." PS; the 20- 50 day MA also shows basing interest as they became close to equal at .273 & .279 today!
Wondered where the Gap UP came from. It was the FRI EOD aroon cross touch, without breaking the down line. Showing buying pressure which was in the traders mind set. History shows Gtel will walk down on lower volumes, as MMs gain more control and spec. traders leave.
Well the up came with the GAP, but didn't hold. Heres what the daily action told me about that. We're in MM hands with weaker trading interest.
The gap trades, the 1st 15 minutes, were larger blocks. Saw several over 100k and more at 40-60k. MMs had the orders on their desk before open and started the day to go get them fast. They did, and then went the number of orders slowed, went right back to their slow walkdown mode.
There's another number that should be watched now, number of trades per day. It will go down from here, if spec. traders leave. Showing more strength for MMs.
Once again, history says this will continue to lower until another news event draws back spec. traders. I won't guess at a bottom, but the next support level is at .18.
IMO if we didn't have the MMs working against us, the Aroon long indicator of a long up trend would hold. But they are there with weakening volume, so I say TA will lose and MMs win.
We'll see.
Success!
Todays chart, looks like no one arround so I'm off to AC. Usually go late, only 45 minute drive, and return early AM.
Like it when it's quite, no crowds.
Note on the chart the light 3 day and darker 20 day overlay matches PPs movement, looking at it sidewise over 70. Length of trend matches length of up/down PPs movement trend.
This statement shows what is occuring with Gtel IMO so I added this also:
Research has shown that symmetrical triangles overwhelmingly resolve themselves in the direction of the trend. With this in mind, symmetrical triangles in my opinion, are great patterns to use and should be traded as continuation patterns
Added info to william2112&grape
Your posts were exactly what I wanted to know. THANKS
I found a new beta chart at stockchart and am working up a great new GTEL chart for today. I also plan to discuss the week with areas covering volume,MMs,chart patterns, and my updated thinking of the use of aroons on manipulated stocks.
Was planning to go to atlantic city tonight, but the new chart I found gives an easyer format to explain my views visually and I'm excited, so I'll play tonight and go tommorrow.
Just posting this in case anyone interested that leaves for the weekend, may not check back tonight. This aroons thing is new for me and the deeper I get into it, the more I see good results. Got me hooked, until I can't find some thing new aboutit. Still am, by adding the 8 day as an mid term I see a new light come on in my head.
Check back; I'll post info at my website also.
Success!
william212 "grape" A candle question. before lunch I checked a Gtel chart and the daily candle had a solid body with small upper and lower shadows. Now several hours later it remains the same upper/lower shadow wise heights, but he solid body has halved in size.
What does it mean when the body gets smaller.
grape google search.
Thanks!
Great audio thanks! You have mail!
You know I've been wondering about two things that have been coming up in all the new press.
Maybe Rocky can help me in this area. Seems the new target cost for the Strat has gone from 10 million (including ground station) to 25 to 30 million for the ship alone. Haven't been keeping up on all the latest DD and hadn't seen this 30 mil figure until Coleman started becoming the Sanswire PR man.
Which bring me to the second thing. Every strathead has posted many times about VERN, but I've not seen much concern as to where Molen has gone. After all this has been his dream and business for years prior to Mr. Huff & Gtel. I haven't seen a PR or heard a word about him. Didn't event see a report he was at the event?
If someone would bring me up to speed in these areas, I would appreciate it. Thanks !
grapes
It has been my experience that matching trades at ask/bid is one MM saying his order desk looks stable and all can keep PPs at this level for a while. Remember it's one MM and does not mean all concur. Normally once you see one signal, you'll see several replies stating other MMs opinions, as to their order desk and where he wants to see the PPs to go. If you see more matching orders, expect a lull. If you see uneven or under 1k trades at bid or ask, that will tell you which way the others want. When a concensus is reached, the PPs will move that way. Most of the time! Some real traders pressure could change this or a large block trade order place at one MM could cause a individual MM to act on his own and play his inventory shares into the mix to pickup his large block trade.
At any rate that's my opinion.
Don't daytrade ! The deck is stacked, but it is nice to know what their talking about.
Success!
Volume today is telling a story. My MMA market maker analysis says the major spec trader play is ending and the up coming MM walk down play begins! Never filled the gaps and volume 1/2ed and 1/2ed again! IMO
At this point, I'd start watching the 8 day aroon. I normally watch the 3 day vs 20 day to determine the short/long term trend. Lately the long was holding and the short fluxing. Showing continued up trend weeks view.
With todays rapid volume lowering and the last two days volume lowering, I think most suckers are gone and now it's up to the MMs to either draw them back or lower PPs for accumulation.
Not knowing where their heads are at now, the 8 day could give an indication of this.Will post what I think tonight, after the close.
william2112 ADD to post! That 5 minutes is when you watch the tic by tic to confirm the direction it's moving!If it continue up after being down comformation ocurrs else, chicken out and watch as it proves you were right the 1st time.LOL
Using my home brew daytrade DMI indicators is a risky business,just because of what you said. But people that day trade 10ths of a penny for thousands, have big bal-s anyway. If you use the 1 day chart at 5 minute setting, you have 5 minutes to determine if the order was confirmed enough to jump. Which can be to long on a run, but usually OK on a daily trend reversal!
Re read post#838
doc80ca
Is ca for calf.? were you at the strat thing?
Since you mentioned the future PE multiples (decision for other board) I've posted my thoughts at my website, feel free to visit, if your interested. Under info, Post any reply over there tomorrow, going to bed. I think longs should be exchanging future financial option ideas and am looking for others views on the subject.
http://home.comcast.net/~vcfeinc/
doc80ca
Wow you must be a deep DD digger. Last year, I was on a quest to find the reason Mr. Huff always seemed to finance deals with Paul Taboada, once with Charles Morgan Securities that got hammered with legal suits, and developed a bad rep.
The exact time frame that Taboada left Charles Morgan Securities and went to Fordham Financial Management, Gtel moved also. At the time, I was going nuts with all the high price funding deals Mr Huff made, like Rocky eluded to, and couldn't understand why my hero, would deal with (IMO) one who was a less than above board (rep wise) person. It looked like he was getting bad deals IMO.
But as usual, then, I had no idea what it took to raise money, for Gtel, to fund Mr. Huff vision and how far & hard he would work to succeed! He did what he had to do, to reach his goal. Just like the unfinished (as promised) Sanswire one unveiling. I'm sure he didn't want to let down shareholder, but getting the strat into the investing public's eyes NOW was the goal and he accomplished his goal again. He has done many things which up set shareholder and always ended up helping them, by reaching HIS goals, NOT shareholders. I now know, what ever MR. Huff does is fine with me. I mean he gets the best new employees from 10 times larger companies, creates partnership & buy outs from out of the blue, all while having 4, 5,6 balls in the air at the same time.
When all these balls (stand alone core business rev streams, exchange move,& financial goals), come together some time in 2006. No one can knows where Gtel will end up. But I know I'll be there with him!
Because he's in business to succeed, not move PPs for shareholders. Knowing the first will take care of the second was the best thing I've learn from him!
Boom
I use the 1 month DMI chart look as a "do I want to swing trade this stock." The 10 day as "whats been happening" look and the 5 day for "picking triggers." Each with shorter time frames.
1 month - day time, 10 day - hour time, and 5 day - 15 minute time. 1 day - 5 minute time
I've recently posted a 1 day, daytrader DMI/RSI version, with different component variation, to show (MY OWN NOTICED) actions to show daily triggers points. Completely different; with RSI needed to confirm action and no cross over; check post#838 for that info
Success!
PS: The ADX position above or below normally happens, when DMI+/DMI- are tight, wiggeling back and forth. You'll see the ADX go lower below both, the longer the lower. The reverse if the divergence stays open, ADX tends to stay high, waiting for the next cross point. Either after another cross or top indicator resurge up to cross ADX.
william212
Read your candles post, see what I mean about to much to remember, your info was for just one of many configurations and whit what I've been talking about it just one configuration with several variations. I envy your memory!
Here's you set up explanation, hope it answers you question.
I would use the 10 day or figure what's happen chart IMO
You want the ADX low and the DMI+ below DMI- heading up to it. When the cross occurs you want the 2 to diverge quickly with ADX to cross DMI- soon after to confirm. Next you want DMI+ and ADX to travel together with DMI+ up. This configuration would cause the largest PPs pop. The longer this continues without DMI+ going down below ADX, the longer the climb lasts.
This PPs run can be seen also, if the ADX is above when the DMI+/DMI-cross occurs, but the size of the pop in PPs would be slower and less strong. More like a climb than a run!
Tried to make a chart because I couldn't find one which had all this in it. Hope this helps.
Success!
Wizetradr & OT:william2112 multi post
Wize
Money flow was interesting! Rarely look at that. Thanks for info good sign!
William
If you didn't see my last post to you with your chart included click on my message again. I added to the original post! You may have missed the repost!
I'm not sure what you mean by STAGES, but would be glad to take a crack at it, once I'm clear as to what you want.
OT:william2112
You got it! Pix is a little to small to see details; the present dimentions of picture you posted is 184 X130, should increase pixels to 800 X 600 for larger presentation. Easyer to wright your coments on it as you mark it up.
Next step, now that you have it posted on the internet,left click on the pix, click properties and run held down mouse across every thing after http:// and paste that between chart & /chart with bracket arround them [ ] in the message you write on this board, to see it in your message.
Read you blurb about candles earlyer, wish I could remember all thats needed, to speak candle speak with you.
Multi post; henn51,fashion replys and todays chart eval!
henn51
As Watney stated recently & you hinted at'confluence' is where the missouri meets the mississippi and it floods every spring.& your takethere is a point when multiple rivers empty into the main stream at a particular point-cause/effect-volume/price and cause the stock to move rapidly with effect price
Sorry, I'm the type that knows alot about many things, but little about one. At this point all I can say is confluence is keyed to fibs and an indicator of strength!
Fashion
Aroon parallels normally show buying up, and selling if they are running down. Not the strength of the trend. I've not read any account that arrons can indicate strenght.
But have noticed, with william2112, if a cross over occurs (reversal)at 30 with up or down trending, the PPs overall jump seems to be larger then if the cross is at 70.
I think this is because 30 is the weakness indicator and 70 is strength. So the strength of the reversal would be effected thus, if cross occurs at 70, when an up trend reversal happens (up crosses down) the down line is up there also(stronger) and resists the up trend more. If it's the down line crossing high, then the up line is up there (strong) resisting the change. If this happens at 30 the resistance is less. And the jump MORE.
It's hard to get your mind out of up & down evaluation with aroons. They are a sideway indicator. The length of the indicator, means more then the hight of the indicator.
The up/down; 70/30 marks shows, which ever is on top holds the direction of the trend, not the strength. over 70 High up= trend direction up; over 70 Down line up= trend direction down. The longer the lines stay at opposite levels or line stays above 70, the longer the trend continues, no matter where the the lower line fluxuates.
Referr to post #961 yesterday to see the boxes showing this.
Success!
ALL the GTEL news at one link, Mar.2005 to 2000, great DD place for news!
http://64.233.167.104/search?q=cache:JjruA9CDBYwJ:news.moneycentral.msn.com/ticker/sigdev.asp%3FSymb...
Watney
I posted barcharts support/resistance levels the other day with out a chart to back them up. They are high at barcharts, I was proved wrong.
Suggest you use this link for a better over all look at support/resistance http://www.stockta.com/cgi-bin/analysis.pl?symb=GTEL&num1=5&cobrand=&mode=stock
Confluence is very powerful as it combines multiple technical analysis techniques to arrive at the same conclusion, and should be relied on accordingly for strength of the level. You don't normally know the strength of the resistance or support with just a dotted line on a chart. Helpful analysis IMO.
Your getting a handel on it, good work.
Success!
tech
I agree with every thing you said, but am not as sure this is the core business new base yet. My swing trade entry was at 25, the base formed before Q 2004 release and strat hype. I think a new higher base will form after Q1 is out and the aroons and pennant flag shows continued slow climb the next several weeks until then.
I HOPE my eval would come to be and the new base will be slightly above 30, with peaks at 40 and 25. But you have a strong point about it basing here!
Todays AROON look so far; Short indicator - down trend weaking; Long indicator - up trend weakening.
Looked at the long 20 day and short 3 day aroons, so far today, it shows the long up trend is slowly continuing to weaken, as the up line lowers towards 70 gradually, while the down line stays at 100.
The 3 day short look shows the recent short down trend is weakening in the same manner, but opposite to the long, showing the quick down trend weakening toward 70 while the up line stays at 100.
Kind of tells me the up trend will continue slower, as this short term down glitch changes back positive quicker.
We'll see
Sucess!
OT: sorry posted this on the other board
post #10076
"A longs perspective!" check it out if you like.
"A longs perspective!"
Been lurking last months here, so here it is, all at once!
This is an opinion, which many may find falt with, but it's mine. Sanswire did not influence my position in GTEL until yesterday!
Seems Mr. Huff finally hired some one to write Gtel's PR's. Best written I've seen, repeats key points, stresses strengths, delivers reasonable expectations. Marketing , great!, a long missing aspect to the business plan.
I love this one statement from Mr. Huff
changes may affect the timeline but add value to the program
It repeats a point, I posted about on the other board yesterday.
Event though the Strat wasn't completed, as we expected, the professional presentation (Marketing), with major news outlets, and increased engineering capabilities, gives Sanswire & GTEL's 1st try success, a 10 fold up lift. Haven't considered Sanswire into Gtels, future success ratio before, now I do.
IMO yesterday, Gtel lost the speculative traders and soon will be gaining serious investor, because of the major news coverage making the general public aware! Space one caught the public's eye, but they were late to invest. Well they aren't late to invest in Gtel and that's what I hope they do.
Been around over a year and not once did I get the opinion Mr. Huff gave a hoot about shareholders opinions. The unfinished unveiling proved again he knows what he's doing. Didn't care one bit about PPS, wanted to open the general publics eyes about the company, it's plans, and the execution which is taking place.
Once again he reached his goals, but the short share holder didn't. I'd be surprised if I didn't expect it.
I want a steady record of accomplishment and business plan execution. Starting with Q1 core business rev increases, Q2 profits target hit, Sucessful Sanswire one tests, move to larger exchange, and last years margin projection reached at the end of 2005. (In that order) Alot to happen, but management hasn't missed big yet. (30,60,120days isn't a big miss) If all this happens and Gtel's financials are where they should be, I'd see 2006 Q2 or 3 the time for a 10 to 1 split, to place Gtel's OS & PPs inline with other successful companies on the American Exchange. Then the PPs can continue to climb on success, without creating an increase of 10 - 20 -30 million market cap for each penny rise. Financials like this would kill any climb of a sucessful startup, less than a year off the OTC:BB IMO.
Success!
Jack
As I understand it, with Aroons,It's like watching the tic by tic evaluating the percentage of change, in time, occurring between high trades (buys)and low trades (sells).
Thus if 4 asks trade, then 2 minutes later 4 bids trade, then 5 asks and 10 bids with 5 minutes between. It calculates the 2 minute and 5 minute differences over a period of time. referencing the number of buys/sells and finds the given interest level of buyers and seller over time.
AS this interest changes the up line (ask) and the down line (bid) reflects the change to generate a trending indicator.
At any rate I'm only into these arron for 2 weeks and still learning myself, but that's how I understand it to work. Not using levels of PPs change, kind of cuts out the MM playing with it. Running PPs up 6 cents or down 6 cents means nothing. How many buy & sell vs how often, shows a sideway perspective rather that an up & down one.
Why I think it works well with manipulated stocks.
Success!
Jack
Stockcharts pps errors can't be corrected by the user. Besides the aroon indicators are determined buy frequence of high trades vs lows, not the value of them.
Shows buying/selling intension, rather then levels, to produce trending direction and continuation indicators. This won't allow you to pick a target, but weather the existing up/down trend will continue and when it is getting ready to change!
Jack
You just about matched my targets perfectly. Though I came to my conclusions in a completely differnt way.
Did change my profit sell target from 31 to 38.3 after finding a long pennant, lowered back to original 31 after todays 2nd down gap without covering. Feel the 38.3 is still there just to far out to wait for a swing play now.
Success!
Ready set go!
Here's a 5 & 20 day arrons.
Longer term trend still up! No change after 3 down days.
If some remember I've stated when MMs have control TA doesn't work for pennies.
Haven't change that thought, but because of the info here, I was introduced to aroons by juststocks. Well after study, I came to the conclusion they are the 1st I've ever seen track the action of a penny under MM control and would use them for stocks in this position.
The 5 day tracks short term action and the 20 day shows a longer trend. As we all know now short will be a mess for a few days, but the 20 continues to show a continued up trend long out!
Watch the 20 day for a possible change in trend direction over the next several weeks not days (5 of the 20 day eval completed, 15 days to go). Ilike the down line has not started up yet, but the up line has started to show a weakening up trend!
william2112
Today was a nasty day for all traders. General market, bond market and my market, alike. Feel sorry for all the new traders here crying the wolf bit me! Oh well, everyone that has been lurking, trying to learn some thing, proved they haven't yet! They sold!
Looks like the only way anyone can help is to tell them when to buy & sell at a profit! We're all devils now, event though all said wait to Wensday! Any thing could happen.
Well it's Wensday and the bird wasn't ready to fly, but the MMs were. Life sucks, then you get married!
Sanswire has just shown they have increased their chance for a 1st try success by 10 fold, by yesterdays presentation. All the penny players jumped and with the big news outlets covering Gtel & Sanswire now, maybe we'll attract the kind of stockholders Gtel needs.
At any rate, to all that sold, I'm SORRY we didn't help you, to the rest, learn as much as you can about this occupation if you want to eventually succeed!
DAYTRADERS: here's a mid day daytraders chart with my indicators, which I use to use, to trade in that style! Hope it helps someone in the future, but nothing can help what happened to you today, the gap was tooo big.
Check post#838 last night to msmag, to clarify whats here.
Watney99
Did you see MR. Huff's presentation video? It's seems to me he was the young beaver and realized old beavers build a better house! LOL
I never could get that comfortable feeling about Sanswire's getting it correct the 1st try out, with the limited engineering talent and employee numbers. NOW I feel Sanswire is where they should have been months ago, before all this started. I like the new time table, talent, and logical plans. Which should increase their chance for success on the 1st try.
Before I felt the only reason to go long Gtel was the core businesses, Now I include Sanswire! 2006 should be the year of the GTEL mogul. Mr. Huff slapping his hand together after the big job completed! Then the sleeves roll back up to tie all the ends together.
Sanswire is now in my long term evaluation of Gtels success. It wasn't yesterday!
Success!
newguy13
It's those billion shares and NO competors that gets short traders and MMs the huge profits and losses!
They will go away when the time is correct!
William2112
On a day like today, I would agree with squ1dk1d. Play the MM plays. 4 cent gap down, 30 mill 1st 1/2 hour dumped and 25 mill 1 1/2 hours after. Lots fo happy market makers, just like there were lots of happy traders last week.
The daily BB and DMI short term chart will follow the PPs moves accurately, but this stock is in the hands of the MM now. It could turn in a second, if they want. Put yourself in their heads, where would I want the PPs to go to benefit me the most.
I would want to run this thing up and down as much a possible to get as much volume as possible and end with the PPs as low as I can get it. This should be the pattern for the next several days, until weak handed traders and daytraders start to leave and longs just won't let go.
Once I saw the play slowing, I might pop a mini run in, to keep them around as long as possible, When you see the volume 1/2 and 1/2 again. If you see large block buys, it's the MM's loading up at a PPs level, it should start to base around, and their buying would cause that mini pop. The play days are over after that. Just a steady walk down until something else happens to draw interest back!
This could alter, depending on any PR's or if all the great press acquired at major news companies draw new interest. IMO the short 10 day - 2 week chart evals will become some what unreliable, because buying interest left and MMs have control again. The longer term charts will continue to show a long bullish trend as long stockholders understand the potential has not gone away, just the speculators.
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movies & pics from other board
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