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Good morning all...sure hope I don't have to work so hard today.
Has anyone noticed the last 7 days have produced higher lows every day.
I leave for 1/2 a day, and ya all are at each other's throats. Just a little consolidation.
Sorry I got so far behind...let me catch up. 31(2) x 33(1).
That meeting was terrible....32(1) x 33(2).
I'm with you PICK....time to regroup somewhat.
Have to go to a meeting.....35(2) x 36(2).
35(2) x 37(2)...IMO look for consolidation until next week.
News on the website....audit.
500,000 hits 38 and the bid moves to 39.
38(3) x 40(3).
OK....now we can go!!
Please give me a 38!!!! (not a gun??!@!#!$)
38(1) x 40(3)
So far we have a gap....need at trade at 38.
34(1) x 40(2).
Looks like no gap this morning which is a good sign...as I would much rather have a somewhat orderly market.
I'd say by the spread the MMs don't know which way to go. All they have to do is ask me!!
And the standard quote: 4 to 50.
2 at ask 40 now.
All MMs are open. 34(1) x 40(3).
fsr63...rumor has it.
Nothing exciting on L2 yet.
Yes it is Hawk....it's not 105 degrees yet!!
Of course that only applies when we're making money!!!
JIMN....I like that idea, and while we are at it, let's stay open a little later!!
Good morning. Should be a fun day today....of course, any time you fall out of bed is fun!!
VLF: Thanks. Ya wanna hear something not so funny. Next week I will be on vacation in New York and where I am going does not have wireless capabilities.
Can ya call Wiley back and have him postpone it a week? THX
VLF...I have to ask....in your opinion, will it be revenues (maybe tomorrow), INS, and then the MEGA ONE? (in that order).
Thanks again for your hard work. Any input on the action the last 15 minutes today....hate to think tomorrow's news had a leak!!
Another question: anyone here into Fibanacci and/or Prechter wave theories?
OK....another warning. Let's say we get a PR tomorrow and we have a gapper. High today was 38, so if the low tomorrow was to be 39 or higher...that would consider that a gapper. There are a billion scenarios that could happen.
Opens higher than 39, recovers the gap early and continues up.
Does not have a gap....normal trading.
Opens with a gap, tries a couple times during the days, but fails to cover.
Just remember (once again STATISTICALLY SPEAKING)....gaps have a huge percentage propensity to be filled at some time (hours, days, weeks).
Sometimes (very, very rarely) they do not cover....and it's to the moon.
http://www.investopedia.com/terms/b/breakawaygap.asp
Sleep well all....ya all gonna need some strength tomorrow.
MFridge.....ok let's use 5 million last 15 minutes today....that would correspond to a 130 million share day. Could happen. Have a great evening.
PS: very positive closing above the 50 day MA.
Am concerned with the bollinger bands I follow (20,2,0). We are above the top band. Not bashing, just has some adjustments to do. Bollinger band can continue up and ATWT can continue to trade above it, but purely from a statistical standpoint, stock generally trade within these bands. 4 days ago the bands were very tight (as tight as I have seen them) and that generally signifies a move. The move was up. Since it is riding the band on the topside, I look for the move to continue up for a few more days at least. This is a good stock to have a trading position in.
Will not sell my long position. Remember, nothing goes straight to the moon. Just prepare yourself for consolidation once this current cycle ends.
Have a great evening all. Old highs from last three months: .0085, .0075, .0060.
AVERAGE: .002421
metro....100 share trade at 38 is correct. (If you follow the legend about 100-500 share trades) it bodes well for tomorrow. No afterhour prints (I don't call them trades...rather late prints).
Volume approximately 8 million last 15 minutes today.
Move from 32 to 38 occured in the last ten minutes today....that's for people who were not here all day like us maniacs!!! LOL
This should put us back on the radar for tomorrow. Pleasant evening to all. Closing L2: 35(1) x 38(1). LAST: 38.
maknak...you beat me by a second everytime....ball is in your court!! LOL
33(2) x 35(3).