Market Watch for week of 8/17/2009

[bassmaster]

ZERO!!!! should we be worried?

it is odd. but there are 2 buyers at 16 for 10k vs 1 seller at 17 for 5k ....so it doesnt look that scary ,,, to me anyways

[bassmaster]

mglg 7 is falling

[billhart22]

Welcome Ramsey!! Glad to have you here.

I just went to the store and MGLG is up some? What is up with that? I will post and L2 here in a few minutes.

[Sean]

grrr i need to do some work, why is mglg going up?
i'll check back later

[billhart22]

[linedrive]

Thanks Bill.

I just about choked on my lunch when I saw this thing moving.
I like the move though.

Geo

[billhart22]

It is at .0007 right now...If anything significant changes, I will post another L2.

[Sean]

hey
so lets say the numbers do come out....
since mglg dropped so low and lots of people probablly bought alot at 5-6 range.. think it could still pass .002?
or would people sell at 18 for a 3x gain?

[thetree]

anyone see the news? I cant find it anywhere. just a rumor?

[billhart22]

hey
so lets say the numbers do come out....
since mglg dropped so low and lots of people probablly bought alot at 5-6 range.. think it could still pass .002?
or would people sell at 18 for a 3x gain?

Who knows... I have two computers running now...I am keeping my eye on the volume and macd on one and am typing here on the other one and watching L2.

I think that if numbers come out it will be a P&D, so you really have to watch the volume. When it gets towards the top there will be lots of volume trying to keep the price up before it falls. That is the time to sell and not hope that it will pull back and then run up again. People will not know if the numbers are good or bad for a while, because they don't know how to calculate them or utilize them even if they had them figured out. We shall see though.