Replies to post #24520 on Phoenix Associates Land Syndicate (fka PBLSQ)

[midas716]

Update PBLS

First things first. Shizuko you have a knack for posting about PR's right before they happen. Can I borrow that crystal ball for a day or two.

Now let's dig in. Outstanding PR. Contracts with Boing and GE mentioned in the same page. That's huge. The problem is any other companies PPS would have soared. Why didn't ours. I am still not convinced that PBLS is not buying and selling. This would have been a perfect day for them to do so and the PPS reflects that. Heavy morning volume. People were sucking this stuff up but the PPS had barely a move so someone was selling into the buying pressure. Who and Why? I have already let my sentiments known so I won't get into it again.

6 month daily

PPS - Excellent white candle today but with the volume I would have expected a little more. My guess and my opinion is this. PBLS has not posted two white candles back to back since Jun 14 and 15. Another white candle and we might have something going. A red candle tomorrow and I thinks it's back to the same old games.

Volume - All heavy volume occured before 10:30. Then squat. Two possible scenarios. Just regular folks buying in while someone sells or possibly and hopefully big money came in for a taste. Tomorrow will be a telling day.

A/D and M/F - An improvement but nothing definitive yet.

MACD - Bounce and bars still positive. But can it hold.

RSI - Shooting up.

Stochs - In position.

ADX - Most improved indicator of them all. DMI+ crosses over ADX and DMI- which is a very good sign here. What we need is for ADX to move up with DMI+ which it hasn't yet. A white candle tomorrow should provide this move.

All in all the techs have gone from very UGLY to "Hey look at me. I could be very beautiful if only people would buy me tomorrow and someone would stop selling me like the world is going to end. I'm not a cheap wh$re." I'm a beeeaaauuutiful swan waiting for my UGLY duck image to go away. Well OK maybe i got a little carried away there. Just had to show my optimism. Let's hope it is not misplaced. We need that white candle tomorrow really bad. White, possibly we start a run. Red, more of the same. Down.