Market Watch for week of 7/06/2009

[billhart22]

Alcoa reported positive AH. US futures trading up at this moment, as well as most commodities. Asian markets are 50/50, and Europe is up. The direction still hangs. There was a lot of sector rotation the last month, but as usual, now all bets are off.

We could be setting sail on some of those ships after all. I see OCNF (why do you guys pick that one over others?) hit support at 1.20 and closed close to the more stable 1.25 line. Things of course are still dicey until more of a direction is established as reports come out.

Hey Dave...OCNF, because it is usually the cheapest and gives as much return as the others.

[billhart22]

I have to go and work this morning. Damn, this is becoming a habit

[Dr. Dave]

gl with your buy!....

thanx for posting the chart and your opinion. im playing this one strictly on the breakout pattern and may hold a small amount of free shares long term.

im borrowing from my poker skills here. a combination of a breakout pattern and the ceo going to europe to solicit investors looks like a decent formula for a profit in my portfolio. i think this play is plus EV so im going with it.

thanx for your target , i truly appreciate your opinion.

Maybe I should use my horrible craps skills - jump on over to the hub and make some noise!!! muahhahaa

[billhart22]

Bill, you should know that I got the order partially filled at open this morning.
So far, I've snagged 11,000 of 20,000 shares ordered, all at $.0195.

Good deal Greg. You are snagging them at a righteous price.

[billhart22]

Maybe I should use my horrible craps skills - jump on over to the hub and make some noise!!! muahhahaa

Craps is my favorite game. I make more shooting craps than anything else. It has the best odds for the table games. I don't get involved with poker in casinos though. I would lose my fanny. I would be too nervous.

[billhart22]

[thetree]

Boy there are a lot of people getting in at .0011 today. I think a lot of the longs are getting really impatient. How far overdue is the PR now? 3 weeks?

[Gallep]

Boy there are a lot of people getting in at .0011 today. I think a lot of the longs are getting really impatient. How far overdue is the PR now? 3 weeks?

4 weeks really, but who's counting right?

[imromo24]

the pr was june 15th for mglg, is that the one they said "2 weeks"? So aren't they really 2 weeks late (4 weeks total).

[GoHerdGreg]

Good deal Greg. You are snagging them at a righteous price.

Got all additional 20,000 shares filled at --get this-- a price of $0.0192.
70,000 total shares with a .024 average.

And now, I will forget about them for a while.