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  1. Replies
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    The Permian basin in West Texas reports the...

    The Permian basin in West Texas reports the following for Sept 2008 - Sept 2009:

    Retail Sales: 23.2% decline
    Auto Sales: 37.9% decline
    Enplanements: 12.3% decline
    Housing Starts: 3.7% decline...
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    Please... you guys did not find the holy grail. ...

    Please... you guys did not find the holy grail.

    Direxion's FAS and FAZ are supposed to be for day and swing trading only. They are 3x leveraged. Read the prospectus and all the warnings. I traded...
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    I know. I should have said, "where have you been...

    I know. I should have said, "where have you been hiding ?... the north pole ?"
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    3 day rule ? where does that come from ?

    3 day rule ? where does that come from ?
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    Don't get too excited. We knew about the Nasdaq's...

    Don't get too excited. We knew about the Nasdaq's rule suspension since last year, we knew Siri had until this month to get above $1.00 to avoid receiving the non-compliance notice, we knew they have...
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    The formation started on 7/21-8/21, from 0.37 to...

    The formation started on 7/21-8/21, from 0.37 to 0.75. That steady run up is the pole. The body of the flag started on 8/24 and it is still being formed. I expected a pull back to 0.65 (but that was...
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    Falling to 50 cents.

    Falling to 50 cents.
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    I thought it was going to pull back to around...

    I thought it was going to pull back to around 0.65 only but evidently that was not the case. It looks like it is heading south for 0.50.

    The flag formation is still valid. The formation is...
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    30 million listeners ? Wow that is a great rating...

    30 million listeners ? Wow that is a great rating !!!

    Who is this guy ?
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    Does it matter if you really say "we should be...

    Does it matter if you really say "we should be workers" or not ? Your point came accross that way. If that was not your point then what was it ?

    My point was that we should move on to the next...
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    Manufacturing & assembling jobs are workers jobs,...

    Manufacturing & assembling jobs are workers jobs, most of them, blue collar.

    I do not say you should not look back, I agree, we learn from history but you suggested that putting in place...
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    Rely on other nations manufacturing technology ?...

    Rely on other nations manufacturing technology ? That is not necessarly what I meant. We must manufacture in other nations but not necessarly using their mfg. processes, quality assurances and/or...
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    You want to know what differentiates America from...

    You want to know what differentiates America from the rest of the world ?... Its precisely that, its people !

    If we continue this discussion we will never end and keep going in circles. You have...
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    Did you sell your AIG shares or are you back in...

    Did you sell your AIG shares or are you back in the neg ?
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    Evidently you do not know the answer. BTW, if...

    Evidently you do not know the answer.

    BTW, if I am a fag, most likely you are one too.
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    I thought you may say something like that. You...

    I thought you may say something like that. You used the word "nationalism" in your previous post.

    In economics, like in other theoretical disciplines, a discussion on concepts and definitions...
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    It is difficult to say, I think it will last...

    It is difficult to say, I think it will last until a week or two weeks before the 3rd quarter earnings announcement... about 8-10 weeks ? This is definitely a medium term swing trade... or an entry...
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    If the stock hits 0.61 or 0.58, it will still be...

    If the stock hits 0.61 or 0.58, it will still be a flag formation... the only way this formation is negated is if the retracement reaches the base of the pole and/or below.
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    Look at the volume... The volume has been...

    Look at the volume... The volume has been diminishing...

    I'll start loading up in 10,000 share weekly batches, this looks like a good swing trade.
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    Look at SIRI's 3 month daily chart... damn, that...

    Look at SIRI's 3 month daily chart... damn, that is a bullish flag forming... I may even consider loading up @ 0.65... I'll wait to see if that support is broken....Next large move will probably take...
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    I found a flag formation in investopedia.com ...

    I found a flag formation in investopedia.com

    http://www.investopedia.com/terms/f/flag.asp
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    No direction only means one thing: consolidation.

    No direction only means one thing: consolidation.
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    Look at a picture of a flag, what is its shape ?...

    Look at a picture of a flag, what is its shape ? a pole and then the flag, which is basically a piece of cloth with the shape of a rectangle, but is the rectangle straight and horizontal ?
    Even with...
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    Well, how did you get to that conclusion ? 0.63 ?...

    Well, how did you get to that conclusion ? 0.63 ?

    There's the Fib levels, they may offer some support, but other than that there's nothing stopping the price to drop like a falling knife to 0.32...
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    On the "just charts to look at" thread, Relmor...

    On the "just charts to look at" thread, Relmor posted a chart with the beginning of a Pennant or Flag formation. I posted the question " Is it bullish or bearish ? "....

    The answer is: none, yet....
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