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Thread: Market Watch for week of 6/22/09

  1. #11
    billhart22 is offline
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    Quote Originally Posted by dread View Post
    Glad to hear your Dad likes the books Bill!!!!!

    Liberty and Tyranny is definitely weaponized words, really an incredible book. I am just taking my time and absorbing it word for word. Maybe I will get Becks book, Levin is tough to beat!!

    Futures are looking OK.

    http://www.bloomberg.com/markets/stocks/futures.html

    Later!!!!
    Yes. Levin is one of the very smartest and he writes with such style and vocabulary. He is one smart man!

  2. #12
    imromo24 is offline
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    MGLG gas reserves?

    Guys does this affect MGLG good or bad...speaking of which, are we a natural gas company??

    sorry no link got in email, look it up on your own

    Estimates of the amount of natural gas available in the U.S. have soared, according to a report by the Potential Gas Committee scheduled for release today, the Wall Street Journal reported today. The panel estimated in 2007 that U.S. natural-gas reserves were 1,532 trillion cubic feet. That estimate has risen to 2,074 trillion cubic feet because of significant discoveries in Louisiana, Pennsylvania and Texas. Chris McGill, managing director of policy analysis for the American Gas Association, said in reference to climate-change legislation: "Natural gas is right now. The resource is here. The ability to develop it is here." The Journal wrote that the report "was prepared by industry geologists who analyzed individual gas fields using seismic imagery and production data provided by gas producers." Source: June 18 Wall Street Journal; New York Times
    To read more Industry News on Quest, visit

  3. #13
    billhart22 is offline
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    Bcle

    BCLE is opening up this morning from the close the bid is 5K @ .03 -vs- 5K @ .032. Good to keep and eye on this morning.

  4. #14
    billhart22 is offline
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    I see that Satan "NITE" is in the ask position, lol. We just have to wait for the PR here one of these days with production numbers. Man, these oil stocks take a long time to gel, but it takes a long time to get things done. I understand that part of the algorithm.

  5. #15
    billhart22 is offline
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    mglg

    We are doing pretty good, considering....lots of big buys at .0016 The volume is kind of low though only 27 Million so far. That is o.k. It acted just like I predicted with my charts. Hold and expected an initial .0001 drop with that red candle last Friday.

  6. #16
    bassmaster is offline
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    Quote Originally Posted by billhart22 View Post
    We are doing pretty good, considering....lots of big buys at .0016 The volume is kind of low though only 27 Million so far. That is o.k. It acted just like I predicted with my charts. Hold and expected an initial .0001 drop with that red candle last Friday.
    bcle doing ok..31

  7. #17
    billhart22 is offline
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    Bcle

    Not tremendously big buys, but consistent. It is warming up. I can't wait for news on this one, then look out!

  8. #18
    billhart22 is offline
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    The ask is at .0017 now and trading has come to a stand still. People are holding out for .0016. Buying as cheap as they can before the production numbers. There is a solid base there now.

  9. #19
    bassmaster is offline
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    Quote Originally Posted by billhart22 View Post
    The ask is at .0017 now and trading has come to a stand still. People are holding out for .0016. Buying as cheap as they can before the production numbers. There is a solid base there now.
    ya. prolly see .0020 at some point in the day then prolly close @ .0016 or .0017

  10. #20
    bassmaster is offline
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    i needed some cash.. i just unloaded my behl @.0074 got in @ .0024 not bad..

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