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Look at theses, buying back hand over fist. They have no idea, the MMs just started playing with this. It could go much lower for a better buy in.
Hard to believe an experienced daytrader would react to this frenzy. They all left yesterday, should be all sucker swing traders, without targets. Been there, done that.
PS: looks like I'm back to my original 25% swing trade, Dame pie was to heavy to fly, lowered my sell profit order to .31.
squ1dk1d
You got to love them, 4 cent gap, great MM play!! As I recall, I read Gtel picked up 6,000 share holders (24k to 30) resently. Probably lost 1/2 on that gap, in 1/2 hour!
Today is not the day to trade, should wait 2 days to see how longs hold in this fight. Expect to see some basing level starting to form late Fri.
Your correct, the MMs are back in the drivers seat after the pie fell from the sky yesterday. Now where does the GTEL investor feel the core business PPs is worth?
This is fun! Has been since DEC 2003, when Mr. Huff started executing his business plan.
success!
starboy
Don't have private messaging, e-mail me at chuck_faulkner@hotmail.com , we'll talk.
Thanks for your impressions post.
wolfrun
My swing targets were +25% -12.5% from .248,(.31 & .217), but as usual, I did a last day TA eval, when 25% was apporching. All Ta indicators, I saw said much more to come, so I went to my favorites "chart patterns" and produced a 55% long target.383. See post #607. If PPs goes below my original 25% target, .31, I'll reset to 25% again. Just how I operate.
Success!
msmag
Here's the DMI daytrader chart eval is said I'd do.
Remember the indicators are longer term and not designed to pick a daytrade. Because of that I use DMI and RSI to determine a reversal. Not a DMI - / DMI + crossover.
No matter which DMI is on top, if a change is coming the DMI trend and RSI trend will go opposite directions and the ADX should remain high to confirm. If the DMI divergence and ADX is tight, this will not work.
At any rate look at the chart, maybe you will see what I'm talking about. This is a home brewed quick pattern, I noticed a while ago, which has worked many times, when I use to pull the trigger, without targets in mind!
But if you look at 11:10 the top DMI - & RSI go in different directions , because the - is going up stronger, the PPs is going to change down. At 11:40 you'll see the DMI - & RSI change direction again, but this time the - is going down weaker, the PPs is going to change up.
If the DMI + was on top the opposite would hold true.
Nutshell; Top DMI & RSI opposite directions = change, ADX high confirms.
success!
squ1dk1d
support/resistance points aren't opinions derived from TA, they are facts posted in black and white.
Sorry you misunderstood my statement. I did not say, support/resistance was not TA.
BUT support/resistance is not determined buy a TA indicator through calculations of an equation.
ANY high with a retrace is a resistance point. Any low with a retrace is a support point. They are there, you don't have to calculate them. You don't have to use moving averages or any other ta indicator to see a bottom or top with retrace in the PPs.
Also sorry I use bar charts to find resistance of .387 because your correct .36 is the last resistance point. I didn't look at a chart!
Included find a chart with many dotted resistance/support line.Hope it's big enough to see, if not;http://www.stockta.com/cgi-bin/analysis.pl?symb=GTEL&num1=5&cobrand=&mode=stock
success!
Wow, bent over, rose colored glasses fell off, stood up and reality was their. If I was suprised, I'd be upset.
Things take time! But As most here, managements recent statements, did lead me to believe, this event would show a completed Sanswire one.
Oh well the core business is doing well, guess Stratheads will have to wait for tommorrows release of schedule for accurate info!
Tommorrow should be interesting. My swing sell targets are still .383 and .217. Isn't this fun!
OT:msmag sorry OT: guys -- willsimon --- what goes UP must come DOWN! Simple -- buy on rumor -- on and on!
msmag
No I'm not a daytrader and don't make 300% a day. Just experienced, slow earn a living kind of trader. Not rich and probably have allot less in Gtel then most here, I started trading for a living before my retirement, because I was self employed for 15 years and had no extra income when I did.
This is my work, not an addition to my retirement home in FLA.
Just trying to help!
Success!
msmag
You got to calm down, before you have every penny you can get your hands on in Gtel's "failure is not an option" and that option occurs and takes every penny you have!
Most here have learned this, the hard way. Trying to save you from a possible bought with depression!
Success!
Failure is an OPTION! Think about it! Curb the excitement!
msmag
If you want to daytrade, try link below, using 1 day, 5 minute, JAVA chart, up date every 5 minutes and watch for DMI+ blue to cross DMI- red with ADX close enough to cross either quickly, to buy. Reverse to sell.
Check back later tonight, I'll do a daily eval chart and post it. DMI is a trend indicator and should be used longer term for greatest accuracy!
http://bigcharts.marketwatch.com/markets/screener.asp
Success!
Just and all new DMI 5 day chart learning tool, buy/sell point indicators! As you can see the ADX cross DMI- or DMI+ confirms action. Between points DMI had cross but ADX was not involved!
This is the chart I would use to pull the trigger, If I didn't have my targets before I go into a stock!
As soon as the DMI+ crosses UP through DMI-, buy back in! Could be today or tommorrow! Remember ADX needed to confirm!
Success!
squ1dk1d
support/resistance points aren't opinions derived from TA, they are facts posted in black and white. Check bottom of page for SP,support, pivot point, and resistance for GTEL as of yesterday. The next set of points will be updated after today's close!
Price Support Pivot Point Resistance
0.3450 0.3090 0.3480 0.3870
http://quote.barchart.com/texpert.asp?sym=GTEL
You go guys, play the swings! MAX the gap down was the MM play, the result was the suckers early and daytraders after things setteled.
A note; the next support is 31, how low will we go? Resistance is 39, how high can we go? William's has it, who knows? Is't this fun!
CNBC NEWS right now NYSE speciallist - cheat - same as MMs on OTC:BB learn the functions and ways they cheat on rules.
The question that keeps poping up by readers, seems to want someone here to tell them when to buy or sell.
Most traders that use TA, use it to guess this very thing. THERE ARE NO FIRM ANSWERS to that question. Period!
After learning to evaluate charts and studing them, you form an opinion of what should happen , due to the indicators presented by the past.
You should create a style of trading. This style will determine how and when you trade.
Example: My style is to pick profit targets, based on TA, before I start. If I normally swing trade for a 25% play in pennies, then I should find a stock who's DD shows I can reach that goal. That's my normal play, but the charts on this run with Gtel told me I could expect much more.
So when I got near the 25%, with this run I did a final Eval to determine my exit point. It showed me Gtel had much more to offer and I placed my sell order days ago for .383, or 55%.
Once I decide, I stick to it and could care less what happens between today and when I expect my trade to close. Because I will not sell until that target is reached or a loss target based on 1/2 my original profit target 12.5%
Check Post#607 I expect to close this target between today to 2 to 3 weeks out.
Will this be the top? I don't care, I got my target and there will be many more targets. But experience taught me, if I get greedy and want to play daytrader and don't sell at target; the last(I'll wait just one more ramp) ends up turning into a plunge, and I play chase the plunge, not closing, as it runs faster then I can change orders.
So my advise to all is pick a buy, sell profit, sell loss targets before you start and stick to them. Upper target can be tweeked as it approches the sell profit point, with a last minute TA eval, but tweeking the sell loss target normally will kill you if you fiddle with that one.
It doesn't matter what you use to determine the targets, event Guess. But if you don't want to lose more than 2%, 5%,10% stick to that target NO MATTER what!
Success!
fashionman The up line should cross the 30 mark to before showing a weakening or cross the down,in a downward move, to show a reversal.
If you look at the charts juststocks posted for today, you'll see the 5 day aroon down returned to bottom, up continuing at top. The 8 both staying in place and the longer 20 day with the up staying at top and down crossing 30 to the bottom.
These indicate the direction of Gtel's trend continue up and a further continuation of it. The longer the up stays up and the down stay down, the longer the trend will continue. The 20 day shows the long trend improving, because the down line has crossed 30 headed down.
This indicator shows the up trend to continue longer. All well for days, maybe weeks. Aroon wise.
doc80ca
The MMs have an inventory of every stock they cover. This inventory is used to back their 3 day settlement requirement. The order numbers that show up on the electronic system are orders they have recieved by their traders. Putting them on the open market to trade between broker houses.
At any given point MMs may have more orders on their desk than show up in the open market. Their inventory really isn't touched until they have to close settlements, up or down. Or they want to sell it personally, for profits and buy back at a lower PPs. They can trade their inventory on the open market just like traders. But only do when it will benifit them just like trader.
This is where the naked shorting comes in, when they sell their own inventory for a profit and the stock continues to go up. They don't want to buy high to cover, and short the trade orders they process until lower PPs buy in's. Now they have no inventory to cover settlements.
newguy13
RSI is going down for the daily rush hour MM play & daytrader working the system. Down 3 cents, up 2 cents, down 1 ETC., short term day moves, not seen on the TA charts when all is done. Think of this Gtel lost and gained and lost and gained 10's of millions of dollars in 1 1/2 hours. And daytraders & MMs did thousands. The rest of us are exactly where we were yesterday, holding a number of GTEL stock.
Charts indicate a climb, events predict a climb. Expect volatility after a run like we got last week. The guys here see things settling down by Wens or later in the week.
Expect that!
'glow_beatle'
SIRI and a couple others, do not form a pattern of success, for companies with billion share OS and losses. Besides most of those companies went on big exchanges from being private companies with big money people. There are thousand of companies traded.
They never were the typical OTC:BB starup. Exceptions, not the rule.
coopdog -
If you e mail me you e mail address, I'd love to discuss your and my views. We are trying to keep this board from turn into RB.
Rocky had to work a deal with IHUB to get a special board to discuss TA and Gtels PPs movement. The main IHUB GTEL board is to discuss facts and news.
OT: subjects and Opinion rants, Which, I have trouble to stop posting, are hopfully kept to a minimum, or taken off board with direct e mails. That will keep a cleaner board and why I took my opinion off board.
We're all here to learn from each other, so if your interested in an off topic subject ask for a off topic e mail. Most here would love to talk Gtel!
It's my fault, not yours.
coopdog & all - Please; if you want to have a long critique of the info at my website e mail me. chuck_faulkner@hotmail.com
I should have known not to expect readers to take the time to check my profile for an email link. Sorry Tech & all.
-------------------------------------------------------------
Long responses to chuck_faulkner@hotmail.com please. Be happy to discuss our views by e mail.
-----------------------------------------------------------
Sorry again Tech. If this gets to bad, please feel free to delete my post!
coopdog I'll e mail you soon , Thanks for your thought, lets talk! chuck_faulkner@hotmail.com
Tech
Excellent eval, I've seen every thing you pointed out and agree 100% in your short&long outlook. Great post, I rant, you express, in a short inclusive manner. Thanks for getting everything in one short post, should help many understand what's happening TA wise! "already set in motion" was the key statement."I’m seeing this overall trend lasting for several weeks." is the kicker !
Good work.
Success!
OT:All
Today I got a private e mail questioning my evaluation of the financial standing of Gtel. In replying, I put alot of time and thought into it. I feel my response was a valid one and should be shared.
I didn't want to clutter up this board with another; Opinion rant, so I posted it at my web site.
If your interested in my opinion on Gtel's future financial out look, please click the link. My personal e mail link is on the profile page here, if you want to share long responses, Don't think Tech will mind a short, I agree or your a dumb a-s, on this board. But I expect he will speak out, if I created a
problem.
You can find comments under Gtel info and the latest chart I've done at charts! http://home.comcast.net/~vcfeinc/
clodhopper
Some have, read some posts this weakend.
To be honest, at this point in time, to many factors are involved. There's TA, charts show continued climb, There's news, public excitement may effect the PPs, and There's the MM's, they have been getting hammered in the profit area but doing well in volume fees. How will they react, can they? Last there is the daytrader, will they start to sell and take profits?
38 to 40 cents! ???
success
http://bigcharts.marketwatch.com/javachart/javachart.asp?OKButton=+OK+
Just run your mouse accross the chart and read the top.
click side to change days viewed or time between tic, on JAVA chart.
Juststocks
Check the chart at the bottom of the page on this link. It show aroon trends in boxes which helped me. Going midnight bowling with my kids now will check back with you tommorrow.
http://www.stockcharts.com/education/IndicatorAnalysis/indic-Aroon.htm
Success
Juststocks
After last nights aroon DD reading, I feel arrons are not designed to indicated the strength of the rise. I've noticed the same thing as you and now think the only reason there is a difference in the PPs rise is, because the higher the up line crosses the down trend line, the higher the down trend line is, showing it's down trend is increasing in strenght. Slowing the rise.
So if the up crosses the down at 30, the down trend is weak and up trend line is getting stronger. So the strength of the up move should get stronger.
This Aroon thing is harder than I thought, but much more accurate in indication trends than, DMI, on a slightly longer time basis. IMO I still like the DMI/ADX to pull the days trigger.
william2112
Sorry I drug out your personal holdings info, by posting some of mine. I don't know, some may feel my posting is brash, but that's who I am. I always seem to talk about personal things that should be kept to myself. No class. I just feel if members are reading my opinions, I should be willing to back my mouth up with my actual actions.
As for you adding to your positions and not swinging some, it's your call, as it is for all. I'm not trying to say, my way is correct and others are wrong. Just backing up my opinions, with black and white statements, which anyone can refer to. That way, all will know when I succeed and fail.
A poster just said, they committed the sin of falling in love with a penny stock GTEL, well I did that over a year ago, but hedge my sin (the long lump) with my head, by swinging a smaller amount as often as possible.
Last year I lost money on my long (sold out - tax loss - worked good for me) but made plenty on 8 swings, which put me ahead for the year in GTEL. This year I'm doing the same thing. Got 1 double already (possibly the last) and soon will get another 50% play. By the end of this year, I expect to be up on GTEL again. Event if my long (I believe lump) looses again, like last year.
I want everyone with Gtel to win, and I know many just lost last year, so I'm stressing my opinion to hold a lump and swing the runs. IMO GTEL is a win win 2006 for sure. Last year it was a win loss, in which my method kept it a win for me. So IMO longs should cover their butts, by swinging some also.
I don't plan to retire, because I trade for a living and will be sitting here when I'm 70. HOPE!
PS: as for your candles, I tried to learn them and found it to hard. To much to remember for my old brain. So I just refer to a cheat sheet that shows maybe 20 bull & bear pattern to see what's what, Most of the time, what I see isn't on the sheet. LOL. I envy you, being able to quote their actions, because they've been around the longest of all indicators and any thing around hundreds of years has to be good.
Success!
Remember hold the lump! Swing the plays!?
Here's the exit point for my .248 cent play buy.
It's a call, could go higher, for all I know. 8 week pennant is upper limit for relevance,this one is about 5, but 55% is good enough for this play! May take several weeks, as you can see on the chart. Sell order placed. Success!
enson
thanks for conformation
A flash from the past: DEC 2002 Molen, Sanswire, Stratellite, dream, prior to Huff GTEL.
http://www.wired.com/news/wireless/0,1382,56961,00.html?tw=wn_story_related
PS:RE, ENSON's post; This Info_Mann guy at xarga.com may be pulling some legs.
Something funny,went directly to popular science site and could not find Stratellite artical in the March copy or any where with a site search.
Juststocks and all, This seems to be the best(easiest to understand) explaination I've found so far. Cross over hight has nothing to do with strength, just the direction the trend change will be. up over down, we go up and down over up, we go down. The longer the up stays up and the longer thse down stays down, the stronger the trend.(how long ti lasts, not how high it goes. And parellel lines show little trending change, a time of accumulation.-----------------------
Interpretation
There are basically three conditions that you look for when interpreting the Aroon indicator: extremes at 0 and 100, parallel movement between Aroon Up and Aroon Down, and crossovers between Aroon Up and Aroon Down.
Extremes: When the Aroon Up line reaches 100, strength is indicated. If the Aroon Up remains persistently between 70 and 100, a new uptrend is indicated. Likewise if the Aroon Down line reaches 100, potential weakness is indicated. If the Aroon Down remains persistently between 70 and 100, a new downtrend is indicated.
A strong uptrend is indicated when the Aroon Up line persistently remains between 70 and 100 while the Aroon Down line persistently remains between 0 and 30. Likewise a strong downtrend is indicated when the Aroon Down line persistently remains between 70 and 100 while the Aroon Up line persistently remains between 0 and 30.
Parallel Movement: When the Aroon Up and Aroon Down Lines move parallel with each other (are roughly at the same level), then consolidation is indicated. Expect further consolidation until a directional move is indicated by an extreme level or a crossover.
Crossovers: When the Aroon Down line crosses above the Aroon Up line, potential weakness is indicated. Expect prices to begin trending lower. When the Aroon Up line crosses above the Aroon Down line, potential strength is indicated. Expect prices to begin trending higher.
This seemed much more like MDI than MACD as I 1st thought. As a matter of fact I found this statement :-------------------
In some ways, Aroon is similar to Wilder's DMI system (and the Aroon Oscillator is similar to Wilder's ADX line) however the Aroon is constructed in a completely different manner. Divergences between the two systems may be very instructive.
All and all, Aroon 5 day matches GTELs PPs movements better than any indicator I've found and I will continue to study it closer, while using it as my main indicator for GTEL TA.
Success!
Juststocks
I take it your point is because the cross was low at 30, the up swing in PPs should have been weak, and to get such a strong up swing like gtel had the past 4 days, should have generated a cross at 70. Being new to aroons, I thought the same thing. So I did some more reading and found this.
Seems we both misunderstood the the cross point as strength of breakout. When it indicates the the continuation or reversal for the trend, if your thinking was like mine.
I was so use to volume indicators, which work that way, I forgot aroons use frequency to determine trend rather than determining strength.
Also notice the close proximity statement, I take that to be your parallel lines, that show accumulation. What do you think? I'm going to continue to read.
http://www.fongan.net/mtHelp/mtHelpTPage.asp?cn=&hpi=1182
Chande states that when AroonUp and AroonDown are moving lower in close proximity, it signals a consolidation phase is under way and no strong trend is evident. When AroonUp dips below 50, it indicates that the current trend has lost its upwards momentum. Similarly, when AroonDown dips below 50, the current downtrend has lost its momentum. Values above 70 indicate a strong trend in the same direction as the Aroon (up or down) is under way. Values below 30 indicate that a strong trend in the opposite direction is underway.
ot:nippy
Sorry I hurt your feelings.
Rather than telling me to sell and move on, why not try to explain your view, so I can hear the other side? I'd be happy to change my opinion, if I could understand why holding a penny company that's business plan failed over 2 years ago, was an investment worth holding for years.
The post was a rant, an opinion; not fact, or truth, and will remain that, because I can't identify a reason to stay long with a unproductive company as an investment.
Boom
I don't know of an indicator call resistance/ support. As I understand it, these levels are normally update daily without any indication of the strength. Meaning a resistance point established during a high volume day would become harder to break through then on a week volume day.
Every time a stock hits a new high and retraces the high becomes the resistance point. The point which new stock holder want to reach before selling. The same hold for the support side. Most websites which report these levels, as over lays on charts, will show several up and down. Think of them as layers of new stock holders.
Below are 2 links to websites which show these levels, stockta site shows confluence (a seperate indicator)beside the resistance/support, which is very powerful as it combines multiple technical analysis techniques to arrive at the same conclusion, and should be used as a strength indicator. Both are updated evenings after close of day.
http://www.stockta.com/cgi-bin/analysis.pl?symb=GTEL&num1=9&cobrand=&mode=stock
look at bottom of opinion page
http://quote.barchart.com/texpert.asp?sym=GTEL
newguy13
No, why would I claim to be a long INVESTOR (hate the term in penny land) if I didn't think I would make money long term.
What I was trying to point out is, if it hits $1.00 before it is a successful company, that dollar could go away as fast as it got there.
I don't expect to see GTEL base at a dollar, until end of 2005 (xmas) begining 2006, when it has (good) substained profits, with an positive EPS, is on American Exchange and has done something to solve the unexceptable market cap; r/s ? or huge profits.
fashionman Warning, this is a Rant!
IMO 5, 10, 20 cent runs on a stock that has 1 billion share can ONLY happen at the OTC:BB penny land, period. Sucessful companies don't get $50,$100,$200 million dollar market cap increases in days! period! When the daytraders go the increases will, and the stock price will settle in an area the believers can live with. Believers won't sell at a certain point and volumes will reach a steady low level, except at a higher over all level, because the core business has executed, and goals are being reached.
To be honest, NO experienced INVESTOR (not penny player) would have 1 cent in GTEL. Financials do NOT justify the market cap GTEL had when the OS was 641 mill with a PPs of 10 cents, let alone today's 1 bill OS with 35 cents.
$350 million market cap with $7 million in real assets is just unacceptable any where but penny land. Penny land is a gamble, Gtel is a gamble, INVESTORS (by definition) do not gamble, they put money in companies with strong assets, a good business plan with a history of execution and increasing profits on the books.
You got to believe, to go long in a penny company. The many RB board members that boast "I've been around since ADGI" bother me. Not because they have held a penny for years, but because they claim they did it because they were investing in GTEL. What I claim is they were gambling on a double as often as possible.
When you play the pennies, at least admit your playing the pennies. IMO owning 100K of a 1 cent company for years, shows your betting it will go up a penny, before it goes down a penny, so you can make a $1,000 profit, not that you some big investor type.
Not to say, long investors in big exchange stocks are more respectable then us penny players. Our game is focused on PPS not company value,growth, or financial strength.
I believe in GTEL's long term growth. I do NOT believe GTEL is a good investment. I can't event justify how Mr Huff will pull all the financial ends together, but I believe it can be done. I don't have my house here, just a portion of my portfolio. The percentage which I won't need for a year.
Sorry about the RANT, but I have allot of opinions about GTEL's future financial achievements and complete lack of them now!
This Sanswire thing is typical pennyland hype, 10 to 35 cents on a hope of profits a year or more away, doesn't justify $200 million in market cap. Sorry. IMO it's crazy, but I'll take it! Because I believe Gtel will be a successful company a year from now! What happens between now and then is where I'll swing the PPs. Hold a lump, swing the plays. Said it before, say it again. GTEL is a win win for now.
Success!
Laptop
Gtel trades fractions of a penny, because of the huge OS, to justify increase/decline of Market Cap. Gtel has increases it's Market Cap $10,000,000 for each penny. HUGE move for a company with $7 million in real assets!
Todays GTEL 10 day 1 hour chart!
With buy point, up trend point and my sell point, to look for on a swing trade.