Jim Re:your response to current market activities....
Jim Re:your response to my recent thoughts.
My comments. RE: Friday trading activity
Closed at 17.38 below our open... a technical indicator portending additional volatility/weakness
[] Your response:
Thank God they're both subjective, huh.
I am not certain what 'both' ...you were referring to....
As to 'portending additional volatility/weakness'
In the following days we have had volatility .....closing at or below our open. This is not a sign of strength..... I believe you would agree.
Now.... We are up 1.75 off our lows of Thursday [that sounds good]
and down 2.00 off our highs of Friday [that doesn't sound as good].
Today...... We are in the same place as yesterday.
[] Your comment:
Which stall are you referring too?
Actually....I did not refer to any stall....interesting that you brought that up.
What I questioned was whether we would have to fill the gap from 19.50 to 15.75. It was a question not a statement about the potential short term trading patterns.
"The question that lurks over head technically in the short term is whether we will have to fill the gap from 19 to 15.75....."
As far as stalling .....yesterday I did say....
Now.... We are up 1.75 off our lows of Thursday [that sounds good]
and down 2.00 off our highs of Friday [that doesn't sound as good].
Today...... We are in the same place as yesterday. With the volatility working its
way out.
[] Your comment:
And BTW I doubt if 5 percent of all investors break it down that way.
I am not certain how '5' percent much less '50' percent of all investors break it down.... I am certainly most often willing to listen and consider to how you and others' break it down'. As to how many see it my way or your way or anyway ... to me...that is less important. It is important to have folks who are willing to take the time to clearly and thoughtfully present there opinions and questions. It is my decision to determine as to there value.
[] As to how you ....' break it down'
[] Your comment: .....Your ' break down'
Let's see, 10 percent of the shares traded in 2 days. The norm right?
Range of mid 15's to mid 19's and back to mid 17's. Again the norm right?
Wrong!
To the chartists go to weekly and include STO.
Factor the NAS sell off within the last week and the rise of this stock and pay attention to the dates in play. Dates in play would be market wise. Very important.
I imagine there are a few with some TA skills that may have been able to read between your lines....as to the general population...I am not certain what they gleaned from your thoughts.
My guess is you were trying to say ... that the last couple of days trading activity was volatile, and unusual.[not really unusual. Considering the unexpected earnings announcement and the fact that we were in oversold territory both IDCC and the market] Also...our stock price was up that day in a down market and...oh yes look at the stochastic on your weekly chart. And most important....dates that these events took place in the market were..... 'Very important. '
[] As to your commentary/opine
"I doubt if 5 percent of all investors break it down that way. If they did and came up with the same conclusions they wouldn't even be here."
As to the general population...I am not certain what they gleaned from your commentary....other than ... if they considered my thoughts of any value they represented only "5 percent of all investors" and " If they did and came up with the same conclusions they wouldn't even be here,"
lol.... love....your thoughtful commentary.
As to Your comments:
[]And most importantly if your going to sell try and drive the price down further first as I want to add at the cheapest price possible. Thank for your help.
lol...you maybe a little late for 'the cheapest price possible' that may have been Thursday....but you hang in there...the games still in progress.
[] as to... "if your going to sell try and drive the price down further "
a. It would not be in my best interest to ''drive the price down further "
as I am a' true long'.
b. And........ I am NOT so arrogant as to believe I could.
Finally....
[]Alley I read your part 3 times and still you confuse me, as usual.
Lol.... 3 times....that's impressive....that gives me warm and fuzzies...
As to being confused ... this to shall pass.
Take deep breaths....relax....enjoy the Spring....
If this puzzlement continues ['as usual '] ...email me
I'll see if we can't work it out...
Hope you took the humor in the manner in which it was intended.
Life is to short to let any moment get you down....
I know.....there is little that gets YOU...down.
My guess is we will be on the same page again....
Until then............. Peace. Alley
AI
