I would say that it is time to pay attention, especially being in the Army. If it was the Marine Corps, then no problem.....Semper Fi ;)
Really, tell him thank you for me!
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You got it my friend!
he's a knuklehead but he's grown into a man in about 6 months. He is making his father proud...was in the bottom half of his high school class. #2 in bomb class...go figure!
sent you a PM...no its not about 68 either!LOL
he got dropped from special forces selection after telephone pole that they were carrying fell on him cracking 4 ribs. he didn't tell'um until 2 days later...tough MF.
Bill
thank you for your service to our country!
I love late night on here...........we can throw out all the shit and relax. Thanks for the nice comments, Jeff!
Bill
Hi -
I'm not really putting to much TA time into these guys like I do other stuff (like SIRI where I think I psychotically run 15 charts) - since the pennies are crazy - but I'll have these charts up a few days...
On the daily - I just noted the support that hit at 0.001 that I posted on this thread previously, and I figured it would hit again at some point (which appears to have happened 2 days ago). That and I like the decrease in volume as we wait for the numbers and that volume is decreasing along with it. If you note on the previous peak - the volume went up as the price went down, which isn't as good.
We have 2 overlapping Fibonacci's at 0.00175 - so look for a little resistance here - but if it breaks thru that - it should sail pretty high. I didn't take the time to put the ugly elliot wave down from the last peak - but it's either over, or there may be one more small wave down. Anyhoo - clearing 0.00175 would be great and a close or two under 0.001 in my book would actually make me get out. I jumped the gun a little so my shares are a little higher than what I wanted - but that's the way it goes - my plan is just to stay in and on a decent pop, pull someout and let it ride.
http://www.scripps.edu/~davess/siri/MGLG-daily.png
The 60 min is the one I follow a little more closely.
The descending triangle ended up being bogus, but again, these patterns have limited success on the "real stocks" and the pattern is meant to be for trading much longer time frames...
But I note the trading range in my new notes in purple that had its birth in the trangle days.. I went long after it broke out (the last lavel at 0.0015) which appears to have been early... but that's the way it goes. I was still expecting the hit at 0.001, but if it didn't hit and the stock took off, I wouldn't be in it. Until the number come out, Im not too worried about it - but what I like most on the chart is the up volume ticks noted by green arrows. I was trading something a while back and saw this and then it shot up 60% in a day - and it wasn't a penny stock. I have some dashed lines there in red and green that signal to me game over or game on.
Note that again, I'm using these more to base stuff for my learning and to establish my buys and sells according to how I trade... but thought I'd pitch in.
I'll have more on the others later - as they are more interesting. On my fancy shmancy expensive software MGLG and BEHL (particularly the latter) currently have a pretty good thumbs up - but its trend software - which doesn't fare as well with these volatile pennies.
Oh yeah - dates in the comments are when I wrote them provided my dyslexia wasn't on for the day - they don't refer to the days that the events came. I have a real problem with dates - I noticed that most of them were for april on one chart and had to correct them.
http://www.scripps.edu/~davess/siri/MGLG-60min.png
Man - I just counted 17 charts on SIRI and I have a note to make some new ones... I'm nuts
Hi again -
I washed my truck the other day, and decided to be all cool and put some tire slicker on - so while I'm waiting for it to dry...
Here's my main simple BCLE chart - the pattern I see is a reverse symmetrical triangle. I found a free definition here:
http://thepatternsite.com/EWRevSymmetrical.html
On the chart I noted a few things:
1) I drew in the elliot waves according (we'll at least my interpretation of the elliot waves) to the definition - note you can have waves within waves so going from B to the first "1" there is also a 5 sub impulse wave on the way up, as well as a mini 1-2-3 within that. Now, I'm not big into elliot waves, but if you were to look at a handful of indexes - I'll post one below - you can see they do have a 1,2,3,4,5 up and an ABC down in the works. I know its just tea leaves - but sometimes I think they are self fullfilling if they guys using TA are in the mix.
2) the last upper peaks were on numbers without the trailing decimals - 0.15, 0.16, 0.17 - if the pattern plays out, the peak should be at 0.20 or so... but again - hocus pocus. Just be aware of when the price hits actual pennies, could be a sharp down turn right after. ie. the ride I had in SIRI to cut out at 0.62 in april was fast - once it hit 0.60 - it was pop up, then pop down, no second chances were given. So if you are new, and you have a trading plan, and there's a target you are looking at - pull the trigger - or at least set a trailing stop once your criteria is met and step away.
3) the moves are about 2 months apart - placing I believe the timing of a next move up at about the time the audit is done.
4) The last 1,2,3 is clustered at the bottom - so in elliot wave speak, we have to maybe put in a 3 - of course, anything could happen - but another touch of the bottom line would be coming - an upturn from that though would give me more faith - a pierce and I would call it game over.
5) There is little bit of hitting the fib lines - so for myself - I could take a little off the table if it hits near that 0.075 or so level - the 38.2% retractment.
Anyway - here's the chart - and of course, it would be great if it would play out - but with the pennies, or rather any stock - anything can happen - but these things do show up from time to time, so why not.
If we have to go lower and hit a line though, I'd rather it be the other line just about at 0.02
http://www.scripps.edu/~davess/siri/BCLE-daily.jpg
I guess the "D" should be scooted over, but who knows - that could be the low.... we'll see
Again - I don't use these much for trading - but I have a position in SRS that I wanted out of - and looking at the chart - I was expecting a "B" to be put in with a following C on the IYR chart, which is the underlying instrument of SRS. Which, as I noted before, playing these inverse funds aren't a hot idea, unless you day trade them, as they use options, swaps and futures to get the leverage. Therefore, volatility plays in the equation - and therefore, you'll see pairs of bullish/bearish leverged funds that track the same index move in the same long term direction - just plot any pair like FAS/FAZ over each other, and then against the VIX. I'm getting off track - anyway, the elliot wave count kept me in the trade, and as IYR dropped today, I got a bounce up... so it can help sometimes....
here's the chart:
http://www.scripps.edu/~davess/siri/IYR.png
Well - not much for me on this one - like I said, I accidently bought it as it was 5 mins to end of day the other day, when I meant to get into BCLE. At the time, I didn't like entering on the up part of the last run up - but... after it established a trading range at the top - which I liked, and kept closing on resistance of 0.008, I decided to get in on it - by placing a limit order just over 0.008 - but with all the other crap I had to do, I didn't get around to it - and stayed up all night last night and woke up today at exactly 1:08 pm. Hahaha - I guess it was an omen not to get out of a trade you got into accidently... anyhoo - these charts are pretty simple - I was just looking at the resistance of 0.008 these last few days and the lovely volume, along with the 60,3,1 stochastic holding up. You folks win!
http://www.scripps.edu/~davess/siri/BEHL-daily.png
For the 60 min - I just note the trading range again. Note, there were a set of trades on the lower blue line that were within their own 60 min time period - so there is no "candle" up and down wise, but look for yourself, you'll see they are there.
While the stochastics are turning down, they aren't in phase like previously, so I wouldn't worry to much - looks like a winner so far to me. But again, these are the pinks!
Good luck on this one. A retest to the line, provided I'm awake, could get me in.
Also, you have a pretty decent 9/39 EMA cross over - just hope that dark blue stochastic continues to ride high, if you are day or short term swing trading it.
And don't forget - I'm full of it most of the time - but not doing bad on SIRI using this stuff.
http://www.scripps.edu/~davess/siri/BEHL-60min.png
nothing like replying to yourself a million times...
just a quick thought, not sure if you guys discussed this and you guys have been on this board much longer than me..
I log into i hub (I put the space in there on purpose - cause I don't want this picked up by google) every now and again... and I've seen you guys do a great job over there, but have you guys discussed letting folks over there know this board exists -
I like this board a lot since its pumper/basher free. So its just a humble suggestion that we don't steer folks from there here. Only reason I say this is that I googled one of the stocks that we are tracking along with i hub - and instead of getting the thread in i hub - I got a link to here as the top hit as the text in the post included i hub
just something to think about. The number of folks on here is so small, its likely a pumper wouldn't bother, but you never know.
it's late, maybe I'm getting tired and paranoid. I'll listen to ozzy sing it, and it'll go away.
hello
hello
echo
echo
ECHO
ECHO
echo echo echo
Dr. Dave,
That echo that follows this post has reached my ears ... Good ol Ozz ... Randy Rhoads was my idol even if that puts it out some years from the originals. Did get to see them in the first reunion of all original members some years back ... Tony, Geezer, Bill (Not that Bill) ...
You have some great stuff here and I think someone else mentioned a similar strategy in dealing with that site that is analogous to the part on your front tire. Low key definitely - There is awful lot of riff-raff to sort through reading over there ... In fact, a lot of times it's hard not to think that there should be a ban on teenagers playing in the stock market, or at least posting on stock related sites. Of course, I have a sneaking suspicion in part due to our elevated education system that just as many are only cleverly disguised as such ... They may be our geniuses for all I know ... The teens that is ...
Well that was a botched attempt at putting it ....
Some great catch up reading going back a few pages - Have a great weekend everyone - I am going to go stuff my attic full of insulation, see if I can't get the stat to back off the 00 that it was showing last Sunday ... Siri -ously!
Hey Dave -
Nice work! Thank You!
The only thing holding the pps at this point is anticipation of production numbers of flow from the wells, however, that is a good thing. Stock-wise it is not logical to hold with the volume, but this is a psychological hold at this point and the base has solidified pretty well because of the duration of stock accumulation at this level. It there wasn't any outlook for future news, it would drop temporarily until more news is released. Good call! ;)
Yes, Dave, this is pretty much consolidation and whichever way an initial direction is clearly noted is the probable way the price will go. A shift in a point of .000x doesn't really give an indication, but if there is a notable breakout it could go in either direction. Using my Quji board, I would say that it could possibly drop off a little in anticipation of the PR on production flow levels from the wells, but will go North as soon as the PR comes out. It won't matter what the flow rates are, it will pop on news. Nobody knows how to extrapolate the values of the flow (at least not many). It will climb like rocket and then pull back (retrace) and then re-build again. The gas and oil are there and the company has 11 more leases and 2 shale projects, so it is a good investment at least for a good period of time. It might be a good long term investment, which is unusual for a sub-penny stock.
The strategy on this stock should be to get your original investment out and let the rest ride...JMO....
Nice chart work, sir! :)
Tib and Dave -
I saw Black Sabbath do their original album in concert...Black Sabbath.
I used to be a disc jockey and some buddies of mine came knocking on the door one day and had their first album. Nobody had heard of them yet. We put the album on and it gave me chills, lol. I had never heard anything like that before...it was deliciously evil :rolleyes:
I started playing the hell out of it on the air and people were calling up bitching and complaining, but others loved it. Well, the others won out and Sabbath were on their way. This tells you how old of a fart that I am.
Randy was simply fantastic....too bad he was so short lived.
I play some Sabbath on my guitars. I am just learning a lot of it after all of these years.
Tib - Insulation.............yick!!
my flight leaves in a few hours, then its focus time..
thanx everyone for the goodluck wishes.
ok, monday morning around open i am putting in a buy of about 200k shares of RTGV closed @ .0375 yesterday.....
i like the charts on this one. short term and long term. the fundamentals are good. they are going through a reverse merger. so pleaseeeeee DO YOUR DUE DILLIGENCE...
ungagged transfer agent.. low float , AS,OS ---- looks great!!
Share structure: (still current as of March, 2009)
Outstanding shares/S 125,018,885
Authorized: 200 million shares
Insiders own ~68 million shares
Float: Only ~50 million shares
Ungagged Transfer Agent:
Madison Stock Transfer
Brooklyn, NY 11229
(718) 627 4453
DR DAVE, BILL , i really like this one..do you mind putting up some charts and T/A and HONEST OPINION for others to look at, if not for your own research..TY and very much appreciated!!!!
i am really hyped about this one. i'll tell you how i found it.. i subscribed to a screening site and just looked at different stocks that had a particular pattern. this one had the right price range for me, so i checked out the hub and found more interesting info , didnt find any neg posters there or pumpers, alot of very logical and positive reading (DIDNT READ ALL THE POSTS)...i am NOT ADVISING ANYONE TO BUY THIS, I AM SIMPLY STATING I AM VERY EXCITED ABOUT THIS AND I COULD BE WRONG BUT I AM PUTTING IN MY OWN MONEY...so once again, DO YOUR OWN RESEARCH IF YOU DECIDE TO BUY IN....