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Thread: Daily Market Watch

  1. #111
    trippingthespeculatingpos is offline
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    ctgi volume is actually high compared to its average its at 300,000 compared to 50,000 i think thats a good sign, but who knows it could be that its all sellers cause it is listed as a distressed company.

  2. #112
    billhart22 is offline
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    In the early morning you might catch it during the (get this) Market Maker period making adjustments. How did you like that one? LOL

  3. #113
    billhart22 is offline
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    Ya, I noted that in the last few days the volume has increased dramatically. It has been moving up and with an increase in volume makes a guy wonder.

  4. #114
    billhart22 is offline
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    Quote Originally Posted by trippingthespeculatingpos View Post
    looking at the volume, macd, and rsi it looks like ctgi is going to pop, i just dont know anything about what ctgi provides other than its medical related, think im gonna end up going with gtxo if i can catch it before it pops. I still have a trade order set for bac, so this is all in case bac doesnt fall in the morning like it has the last few trading days.
    Look at the ADX indicator on GTXO, it just made a bullish line crossover. Looks pretty damn strong as we speak.

    CTGI looks like it is about ready to pop unless it makes an inconsistent trend compared to the past. It would have to be really a sharp deviation not to pop at least some. Comparing the MACD and ADX and also Aroons.
    Last edited by billhart22; 01-26-2009 at 12:12 AM.

  5. #115
    trippingthespeculatingpos is offline
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    well at least bill doesnt think im dumb :O yeah if bac fails to trigger for me i will go with gtxo. I already own 379 shares but ill probaly add a couple thousand more.

  6. #116
    billhart22 is offline
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    Quote Originally Posted by trippingthespeculatingpos View Post
    well at least bill doesnt think im dumb :O yeah if bac fails to trigger for me i will go with gtxo. I already own 379 shares but ill probaly add a couple thousand more.
    I don't think you are dumb at all. I will just read it. Just when you think things are getting good, it turns to crap. I like this neck of the woods. I will buy about 1000 shares.

    IF I HAD THE BUCKS RIGHT NOW I would do (DRYS). Looks like it is coming down and is one hell of a trading stock.

    It is a pool for the shipping industries combined...all of their stocks. Look at the indicators, tripps and you will see. Look at it from different time lengths. I have now unveiled my secret terrific stock! I have been watching it for a long time.

  7. #117
    trippingthespeculatingpos is offline
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    yeah lol i have been watching drys, they popped big time not too long ago, i shouldve made a move on it while it was at its low but i didnt

  8. #118
    billhart22 is offline
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    I am going to keep an eye on DRYS. It seems like it wants to lose some more, but it is an essential commodity and will ALWAYS go back up unless there is a nuclear holocaust. It has a simple rule that I learned from a blog site, and that is "If the shipping industry comes to a halt, the world comes to a halt. If the shipping industry is moving, the world moves on".

    I would like to buy tons of it at the right price if I have the money. It really isn't that expensive when it is down, but it sure climbs.

    I am going to watch it really close and hopefully I can time it with money.

  9. #119
    trippingthespeculatingpos is offline
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    i would of love to got it around 3, its too late now for me so sadly i must move on

  10. #120
    trippingthespeculatingpos is offline
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    i heard the reason they dropped is because their ships are pretty much like houses when it comes down to financing them and i think they got caught up having to pay more for the ships then there actually worth, i dunno maybe they have refinanced by now. If they have thats probaly why they popped.

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