Replies to post #94473 on Mr Cooper Group Inc fka COOP

[fsshon]

As long as NITE is on the bid and ask at the same time, we go nowhere but maybe up a cent or 2. Impossible to get a real run if NITE is involved. I think JPM has NITE intentionally manipulating this stock to keep it low, so there is no real public interest.

The JPM and FDIC docs are very interesting. JPM /FDIC are claiming they saved the nation again and it in the best interest of the public that theie appeal be heard and granted. Also the money is theirs because they seized it as part of WMB. Boy this is really screwed up, will post more after i have time to decipher this convulated mess!
Enjoy your Saturday
Go Ducks!
~Fish~

[ub2]

With charting, there is NEVER any reliability, for any security!
But, the odds are WAY IN YOUR FAVOR OF SUCCESS. The most reliable chart signal is FAILED SIGNALS, that is the chart breaks in the favored direction and then reverses HARD. WEEEEEEEEEEEEEEEEEE

[The Yogi]

Only time will tell how reliable technical analysis is in this situation. Let’s see what happens...

In my personal opinion, Technical Analysis is just as “reliable” for listed stocks traded over exchanges as well as stock traded with pinks in general. There are basically two ways to analyze stocks: “Fundamental Analysis” and “Technical Analysis”. And the wise investor/trader uses both “Fundamental Analysis” and “Technical Analysis”. I have found the “Fundamental Analysis” done by the brilliant minds/posters on this board to be superb and “unsurpassed”.

In my opinion, Technical Analysis is base on the four (4) following ideas:
1. Newton’s Laws of inertia. A body (prices) “at rest” tends to “stay at rest”; and a body "in motion" tends to “stay in motion”.
2. Supply and Demand. If buying ("pressure"/force) is greater than the selling ("pressure"/force), then prices go up; If selling ("pressure"/force) is greater than the buying, then prices go down; and if the buying and selling ("pressure"/force) is about equal (in balance), then prices go “sideways”.
3. “Zero-Sum Game” is a "game" where what is “won” by one group is “loss” by another group and where “the smart” take advantage of the “not so smart”. (See DVD: ENRON – The Smartest Guys In The Room, for an extreme example).
4. Human Nature. Successful Trading/Investing “goes against” human nature. For example. Warren Buffett says: “Be greedy when others are fearful, and be fearful when others are greedy”. We (WAMUQ, etc) Investors are greedily buying all the stock we can get our hands on while most investors wouldn’t “touch (WAMUQ, etc.) with a ten foot pole”.

Prices are “manipulated” and If you have time, I suggest you read The Classic Book:

REMINISCENDES OF A STOCK OPERATOR by Edwin Lefevre.
John Wiley & Sons, Inc.
New York; Chichestser; Brisbane; Toronto; Singapore
Originally published in 1923 by George H. Doran and Company
ISBN 0-471-05968-4 (cloth)
ISBN 0-471-05970-6 (paper)

REMINISCENDES OF A STOCK OPERATOR was written in the 1920s by Jessie Livermore*. However, as the French saying goes: “The more things change, the more they stay the same”. “The game” is basically the same in that prices were “manipulated” back then and they are “manipulated” today. The major difference between then and now is The S.E.C. There was no S.E.C. back then, but now we have The S.E.C. which is basically the “C.O.P. on the block” to give investors/traders confidence in “the game”. If you read REMINISCENDES OF A STOCK OPERATOR by Edwin Lefevre, you will get a better insight into the nature of “the game” we are playing.

*Jesse Livermore had no formal education or stock trading experience. He was a self-made man who learned from his winners as well as his losers. It was these successes and failures that helped cement trading ideas that can still be found throughout the market today. Livermore began trading for himself in his early teens, and by the age of fifteen, he had reportedly produced gains of over $1,000, which was big money in those days. Over the next several years, he made money betting against the so-called "bucket shops," which didn't handle legitimate trades – customers bet against the house on stock price movements.