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Thread: Market Watch for week of July 20, 2009

  1. #31
    Los Tiburones is offline
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    FWIW my entry is a chase me anyway ... .90 -ish

    It's running @ 1.28 -ish

  2. #32
    Los Tiburones is offline
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    OK, scratched the pre- idea - Put in a limit order for .95 good for the day, for 500 shares. I am anticipating a take down at the open from these pre-levels ... Monitoring from there.

    Come to Papa MM's ...

  3. #33
    Sean is offline
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    holy smokes CIT premarket it crazyy
    GL Tib

  4. #34
    billhart22 is offline
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    Well, it's a half hour until launch. Let's see what we can come up with today...maybe we can make some lemonade out of the lemons. This summertime trading is always a trip.

    I'm going to check out the wheel and see what is shaking there for news. Other than news, they don't have a clue.

    I am going to be watching most actives today and try and get a handle on something. I definitely want a milker...if anybody runs across one, please post it here so we can tease and dissect it.

    If anybody finds anything that has the slightest bit of interest or potential, please post it.

  5. #35
    Sean is offline
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    bill whats your take on SARO, think it'll run today and continue the run tomorrow?

  6. #36
    Los Tiburones is offline
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    Quote Originally Posted by Sean View Post
    holy smokes CIT premarket it crazyy
    GL Tib
    Just wait till the open ...

    I may never get filled, just playing conservative here. Got to hit the shower before the open ...

    But thanks Sean ...!

  7. #37
    billhart22 is offline
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    Quote Originally Posted by Sean View Post
    bill whats your take on SARO, think it'll run today and continue the run tomorrow?
    I haven't looked at it...let me take a look, Sean.

  8. #38
    Dr. Dave is offline
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    Sweet - I get to see the market open - I feel like Adam Sandler getting McDonald's breakfast!
    Positions: Change so often, it's no longer useful to update this...

  9. #39
    Siriusowner is offline
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    Well, like some of you guys I gambled with CIT on Thursday and today I am 250% richer. Getting out now.

    Thanks,

  10. #40
    billhart22 is offline
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    Saro

    Sean,

    SARO is an interesting chart. This is the first uptick that it has had in a long time. You will just have to see where it takes off at, whether it is going to break up or down.

    For now, I would apply the three day rule to it, because it could come down as fast as it goes up. This would be a very short term play at this point.

    Personally, I would see where it is going before getting really engaged with it.

    If you look at the upticks, they really follow the three day rule to the bone.

    It has a very good chance of dropping back down and going into consolidation.

    If you look at its past history with upticks, you will see that they come down fast. The price is getting lower and lower. I would see what it does today and then try and make a determination. For me, personally, it would be a little premature, but that is just my guesstimation.

    Take a look at the chart.

    Last edited by billhart22; 07-20-2009 at 09:23 AM.

  11. Ad Fairy Senior Member
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