dammmm i got soo excited for a minute:(
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dammmm i got soo excited for a minute:(
That is funny, because Sean said it was #1 earlier today and I looked and I couldn't find it on http://www.allpennystocks.com . It is a mirage I tell you! lol water....water....
QASP forecast........
http://www.reportbuyer.com/industry_...cast_2013.html
Aerospace Industry Forecast to 2013Publication Date April 2009
Publisher RNCOS
Product Type Report
Pages 100
ISBN Number not applicable
Product Code RCS00575
Buy this product or for assistance call +44 20 7060 7474
PDF £890.00$1498 | €1049PRINT £1,010.00$1700 | €1190CD-ROM £1,010.00$1700 | €1190FAX Order above formats by FAXSummary
According to our new research report, "Aerospace Industry Forecast to 2013", growing air travel and wars around the world are driving the global aerospace industry. Civil aerospace segment is expected to grow at a faster pace than the defense segment. It is estimated that by the end of 2027, the world's airlines will take delivery of 29,400 civil airplanes with total value of US$ 3.2 Trillion to keep pace with the growing demand for air travel.
The US represents the biggest aerospace market, with total sales estimated to have closed at US$ 204.4 Billion in 2008, followed by EU, Canada and Japan. But in future, developing economies such as China, India, Mexico and Brazil are expected to emerge as big marketplace for aerospace products.
The Chinese aerospace sector ranks among the world's most dynamic sector due to the massive investment by the country. Moreover, Chinese aerospace companies are fast showing their presence in the global aerospace industry. It is anticipated that China will buy more than 3,700 airplanes before 2028 with the potential market value of US$ 390 Billion, becoming the most potential civil aerospace market.
Our report gives an extensive and objective analysis on the global aerospace market. It investigates both the past and current trends in the global aerospace market, and outlines the future trends shaping it. It comprehensively assesses the industry performance both in civil and defense segment. Based on various market indicators, the report evaluates future outlook of the industry. The report can thus give valuable information to manufacturers/investors preparing to enter the aerospace market.
Tony, great post there! I want to find more information about the CEO of this company. I haven't had a chance to really look. Bass said this guy has a really fine record as a CEO. If anybody has any info on this guy, please post it. It would be much appreciated by all.
It is really cool that they are going to be buying shares back...up to 20% for the stockholders value. That shows me what a thoughtful company they are. They want the company to grow and they have a BOD with their thinking caps on.
Also, congrats on your $700 today! .....Bill ;)
Bass, I will do that...thanks!
Tib - I got your email and will read it tomorrow. I am so far behind on emails. I just found yours now. I get like 500 emails a day, believe it or not. I have yours saved and will get back to you tomorrow..I am going to have to start blocking more email addy's. It is because I have 4 business sites and they scan my sites for addresses and I get more junk than you could imagine..sorry.
Ray - I just found your email....man..I am going nuts now, lol!
`DR dave, please post a WEEKLY chart of QASP with some standard indicators. what do you think of that hammer after the downtrend? any other t/a opinions please
OBV, ACCUM, CMF increasing
First the daily - previously, I didn't have a feel for where it was going to head when it first came up. Before I had a 150 e/sma on it, to mimick a 30 week one... and it appeared to have sprung off of it. The 30 week is what one of the old timey traders used, who had a record of not getting beat by the market - he said all stocks go thru these phases, so he'd cut out when the 30 week would move down, and prices below, wait for it to flatline, then after it moved up, and prices were above, he'd go long (not sure if he waited for a retest) - that's one of the things I have been looking at on the big boards. But then, I thought - who the f**k would be using that in the penny world? No one ever talks about it on the big boards - this is an ultralong strategy that no one talks about. Though, I do see some instances of a spring off from time to time.
http://www.scripps.edu/~davess/siri4/QASP-old.png
Then I figured for these pennies, I should just be looking more at support/resistance, price and volume. So I had made a new style stripped it and became fearful of the symmetrical pattern shown by the dashed lines. I was afraid after the bounce that it would form kind of a head and shoulders top, and the decision would be, whether it crossed 0.10, since that has the most hits on the weekly and is a round number. It took a little longer than expected if it went that route, but it did it, and congrats to those who had patience to pick it up before the rebound. Normally, I'd still expect it to hug the line for a second chance, but with volume like that... I don't give it a high probability of hitting that level for a while.
The other thing I thought was that a triangle pattern had formed, and though I didn't know of the stock then, the chart showed a breakdown had broken down - the volume didn't support it, but if you draw as many triangles as I have, you see a lot of times, you get a retest, and it did retest around three times between july 2 and 21. That would also bring us into the danger zone of making that symmetrical pattern. But, again, with the spring off the 0.10 line today, I wouldn't sweat it going below, at least not in the near future.
http://www.scripps.edu/~davess/siri4/QASP.png
Now on the weekly, you can see all the hits on 0.10 - of course, its a round number, and also where you would expect more hits due to the shape of the curve, but psychologically, people would trade off of it.
I've quickened my indicators, since they never made sense when looking at pennies - so while I don't take them as seriously as I would for AAPL or QQQQ - I think by cutting the time frames in half, there is a decent correlation to past price, and we may have hit an oversold area (top indicators), and the buying pressure is in your guy's favor (I'm invested to my personal limit on pennies, so I didn't try to get in this one - was asleep anyway).
I noticed the fibonacci's don't mean much for this stock - other stocks are attracted to them like moths to a flame.
Also - after looking at more and more of these charts - if the overall trend is down, I don't think its good to buy even if it looks like a rally - see the disbelief area on the left - only after a flatline appears do I feel comfortable going long - as usual, its just me, and I do less of the news searching you folks do.
Overall, I still think support/resistance - in its various forms, price action and volume speak the most for these guys over indicators, and it was a really good rally off the line today. I'd give it a thumbs up especially under/around the 0.15 level.
http://www.scripps.edu/~davess/siri4/QASP-weekly.png
Oh yeah - I do agree with you that OBV, etc. are better indicators for these, and I found shortening the time frames gives a better correlation. We need to forward test the periods though on other stocks that share similar features.
I went to BJJ tonight, really hot, haven't been training much, kind of have a headache. See you guys manana.
I still call it "KWASP" in my head and it reminds me of that 80's metal band.
In reverse of QASP - remember the housing market- it made its self fulfilling prophecy - I shoulda waited another day on my LEN trade instead of closing out. I'd be rico suave.
Which way will it go? - oh, by the way, materials is still a leading sector - so where there are materials, there must be a way to move them - I'm not sayin', just sayin'
Also, small caps did lead today.
http://www.scripps.edu/~davess/siri4/housing3.png
oh yeah - bass - the candle (hammer) looking good so far, but it won't print till friday.
First off, thanks Dr. D, for the charts!!! :)
Nice wheels there Tony!!! I LIKE IT!!
Hey Bill!! Yeah I sent an email to you last night, if you can find it, good luck!! :) Just a screen shot of my trade on FRNTQ.
Thanks Ray, for the response last night, I freaked on BS news on BEHL, threw down $800 at .08, so I hold a small position now.
OK, BDI stats
Here is how the various Baltic Exchange shipping indices fared for the week ending 31 July.
* Baltic Dry Index (BDI): +0.1%
* Baltic Capesize Index (BCI): +4.2%
* Baltic Panamax Index (BPI): -9.7%
* Baltic Supramax Index (BSI): -0.4%
* Baltic Handysize Index (BHSI): +0.9%
* Baltic Dirty Tanker (BDTI): -1.3%
* Baltic Clean Tanker (BCTI): +4.7%
Here are the results of the corresponding stock indices, courtesy of Capital Link Shipping:
* CL Dry Bulk Index: -1.3%
* CL Tanker Index: -1.3%
For the week, it looks like all of the action was in the Panamax class of bulk freighters. Spot dirty tankers continue to struggle at break even rates or a little worse. Maritime stocks slid for the week in contrast to the overall market.
http://www.wikinvest.com/wikinvest/a...tml&comments=0
Late last night news broke on TRMPQ, it might be one to keep an eye on.
FRNTQ- pissed me off again, only got a partial fill at close the other day at .3110 for a measle 333 shares. I am going to exit this one soon.
Good luck SIRI owners!!! I am watching to see what happens.
Have a good day today LOL!! Time to crash!!! :sleeping:
dr dave. i am very impressed. you are a genius. your T/A is 2nd to none. i think i need to put you on the payroll.LOL.
ok, so now i have a plan. if it goes below .01 i am gone and will rebuy if and only if positive candlesticks follow.
i have my eye on on different targets. . 025, .030. and .035
once it hits .025 i will sell if it drops below.
same with the .030 and .035 markers. ---kind of like a manual trailing stop.
if it breaks .035 then .04 is next target... this particular stock seems to love the half penny increments.
these targets are only for a trailing stop and they are not my sell targets.
so if we get a high of the week close on friday . i think the timing would be right for a heater. a confirmation would be needed next friday and there would still be plenty of room to fly.
dr dave, headache? did you let someone catch you in a triangle choke? LOL, JK...thank you again, have a good night.
sorry i didnt respond to you earlier. sure its possible its a scam. i think shots or trippin was the one who brought it here. then he got impatient and worried and sold at a profit. i got in for a tiny amount. i think im down about 100 bucks. but with that said, just about every stock forum will have its share of bashers , and as long as you feel you did the proper due dilligence and want to exit, that is fine. its actually a good move. you shouldnt be involved with a stock that makes you uncomfortable. thanx for posting your concerns here. you should post more often.