No worries on the delay in posting Yip. And thanks for getting it together.
Short report on down below. Flick's Chailkin Money Flow (CMF) factor certainly rose today (higher volume equates to increased money flow). Wonder what's going on?
Maybe a lot of shares trading hands on the prospect of the Missile Defense Agency finally making a final determination. Lot of trades today on the dark side at the DTCC exchange where those short transactions get accounted at, and separate from our retail market.
The high volume of short trades today raised the monthly avg by 5% on this single trading day (11 days to date). On the other side, Days To Cover those short trades is determined by the 3 month running avg. on the retail market ÷ number of short trades. 1.6 Mill avg. ÷ 1.06 Mill short trades today = 1.5 days to close. Thursday at Lunch.
The May quarterly earnings report for our first 72 days this year is going to provide a real impetus and change of our PPS one way or another. Flick's CMF and Vans' Golden Cross both endorse the rise in volume as a key trend to break out or break down. Short Report
Thinking, just thinking, the MDA's holdoff of an announcement is due to evaluating the competing technologies listed in an SAE presentation.
On your post Yip, Barry Birdsong's conmment is a bit of a concern;"MDA uses the Navy's CRANE facility to help evaluate new technologies. Believe a number of techniques must be considered so as not to put "all our eggs" into one basket, noting the dangers of any one which potentially could be compromised"
That Crane facility is the Naval Surface Warfare Center located at Crane, Indiana. They're the logistics and research center that posted then withdrew a study grant last year we drooled over:
June 5th 2013 (Targeted News Service Via Acquire Media NewsEdge) by VARALAKSHMI PULUGURTHA Targeted News Service WASHINGTON, June 5 -- The U.S. Naval Surface Warfare Center Crane Division has announced that it expects to award a maximum of three discretionary grants to support research that helps in the development of novel collaborative perception algorithms; development of new Rigid Body Dynamics Software Library; and use of botanical DNA materials as anti-counterfeit markers for electronic components.
Got screwed a bit when they withdrew that grant. Had a lot of hopes for it. I've been strongly encouraging the MDA to adopt SigNATURE DNA as their standard bearer:). Got the impression they would like to see the door hit me in the ass on the way out. Working on a point here that SAE not including DNA or Polymerase Chain Reaction (PCR) technology within their anti-counterfeiting measure standards screws us a bit too. And we ain't getting kissed.
Here's an excerpt for Department Of Defense Instruction 414067 (DoD Counterfeit Prevention Policy) you can download @ <This Link RIGHT HERE>. Seems to indicate an official engineering design standard listing the technology would be a preferred method of marking parts. And the SAE didn't do that for us.
3. ASSISTANT SECRETARY OF DEFENSE FOR RESEARCH AND ENGINEERING ASD(R&E). Under the authority, direction, and control of the USD(AT&L), the ASD(R&E): a. Coordinates with DoD Components to develop and implement risk-based procedures...... b. Leads the development and modification of quality assurance policy, procedures, and standardsto support the policies in this instruction. c. Incorporates anti-counterfeiting design considerations in the Defense Acquisition Guidebook (Reference (n)), the Program Protection Plan Outline and Guidance (Reference (o)), and other guidance as appropriate. etc.
Of course, we met all the qualifications listed by the MDA's SBIR award requirements. Second side of the coin there. IMHO, I feel we're at a point in technology history similar to the advent of the digital age. Lot of promising technologies developed at the same time. Lot of money sunk into all of them. A few winners, a pile of technologies winding up on the scrap heap.
Ethernet (IEEE 802.#, eye triple e 802.#) remains as a standard established then. Xerox developed it. Never got it patented, and couldn't really capitalize on it. Hewlitt Packard soared for a while on the Hewlitt Packard Interface Bus (HPIB, evolved to eye triple e a while back, IEEE 488, GPIB, General Purpose Interface Bus). All over the damn place.
Nuther bus system all over the damn place is for aviation controls is MIL-STD-1553 and is installed throughout the squadrons of different flight and satellite systems throughout the Department of Defense inventory. Still a viable bus system for new aircraft, though their upgrading to different standards (Ethernet being considered).
