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I see this as an opportunity to pick up a few more! eom
My fear is that the shorts have taken up another huge position once again. We shall see. It was also triple witching Friday. The first of next week should shed some light on which way we're headed in the near term. Came close to selling a bunch today but just couldn't pull the trigger. Merry Christmas everyone. jj
That's what I show as well. Totally agree Justice. jj
Sure isn't trading like there's positive news regarding earnings. Perhaps Monday it will look different. The ole adage "Buy the rumor, sell the news" would apply if we were witnessing a runup in the SP, but,,,, hmmmmmmm. jmo jj
Anyone talking about the chemical fire happening at the mine this week? Total evacuation. Unknown when anyone will go back to work. A nasty haze is covering the town of Mullan.
This close today could be very interesting. May give us a clue for tomorrow's sentiment. jj
High of the day is what I have learned over the years using Candlestick charts. I don't count AH trades although some folks debate that. Stay well JHD. We're still shoveling snow here in N. Id. jj
Bob, however the previous close may not have been the high of the day, just sayin. jj
Bob, I show the gap at 40.68 which was the high yesterday (approximately). jj
It's back trading again. jj
Something is getting REALLY OLD about this whole process, and I think it's me. jj
So sorry to hear of your loss John. We'll be praying for you and your family. jj
Picked up a few at $37.75 this morning. I'll do it again if it enters that territory again. jj
Dang, and around another 100k after that! jj
Thank you. 68 and still learning. jj
Hello Justice, I show that gap closed on July 19, is that not accurate? Not saying it wont go lower anyway for other reasons. jj
Annnnd just like that the gap is finally closed! Now let's gooooo Coop! Perhaps another opportunity to pick up a few more. jj
Pushing it down on Low Volume. Not to worry. jj
Almost filled the gap, but not quite. Let's get that out of the way while we're down here so we can just move on already. geeez jj
What the heck, might just as well just fill the 41.41 gap while we're down here. jj
Praying for you John, and Kay. jj
I'd really like to see the gap filled sooner than later! jj
I sure hope this doesn't end up "Sell the rumor, AND Sell the news". That would be hugely disappointing. jj
Starting to roll some volume all of a sudden. Something's up? Processing a large order? Long Weekend?? Announcement Forthcoming??? jj
The Dow has a gap to fill at 28,500 ish. Maybe the bottom?? Brace yourself. jj
Don't want to be contentious, but we could easily be 700k+ volume by closing. Not really low volume imo. I'm looking for the type of volume that say's the shorts are covering. jj
So where is "Max Q" (pain) going to be? Watch for capitulation. That's just maybe when the shorts start to cover?? And I'll be a buyer again. jmo jj
Thank you AZ!
Thank you Royal. Sure appreciate you. jj
jhdf51, yep they're waiting for me to get tired and sell. Then they'll take it to the moon just like my other equity investments! Happens every time lol.
jhdf51, I consider myself fortunate to have picked up a nice block of shares yesterday at $39.835. Hope you're doing well. jj
jhd, agreed. There's a huge gap in the Dow in the 28,500 area. Love the pic! jj
JHD, dang, so sorry for your loss. jj
So apparently the standing theory of "Buy the Rumor, Sell the News" isn't holding true here. If indeed the news is going to be Outstanding, then why isn't this running? Either it's backwards here and it's going to run on the news, or it's telling us that the news isn't good. Not sure, for sure, as usual. The best to the Authentic Longs. jj
Well a dividend changes this to a Legacy Stock and a Very Long Term "Hold" for me!
jj
Thanks AZ, good to see ya! Keep the faith brother! jj
BB, just the opposite. I've been buying incrementally. I can afford to wait. The best to you and all longs here. jj
On pace for over 2M shares traded today!! Something is definitely up!! It's testing my resolve Big Time!! jj
Been a Loooong time since I've seen our daily RSI at 26. Dang, time to buy I guess. jj
Well at least the gap is closed now. jj