np bigsandy
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np bigsandy
I am working on watching my 6th car rust today. :rolleyes:
Man, what a nothing day! Oh well.
The boats are taking a dump. They have dropped quite a bit.
way to early to call, but if we close at .0016 today, tomorrow will be a runner...let me know what technicals tell you after we close. to be honest i am hoping for a 16 close if my theory is right, but want you to adress analyticsQuote:
Originally Posted by billhart22
p.s. instead of watching rust. why didnt you watch mickelson CHOKE AGAIN!!!!!
What a shamwow of a day! I fastened my seat-belt one minute before power hour so I wouldn't fall out of my seat when I nodded off.
MGLG has a very solid base now..a regular launch pad. If you don't have it...you might consider getting it. Do your own DD though.
Tomorrow? It depends on PR or no PR or market momentum.
The Market was sucking big time today...Everything except the sky was falling.
ok, i was watching another battle on level 2, as the day grew older i put in a buy 2MM @ .0015 hoping it would get filled, no luck....the reason i wanted a 16 close was so MGLG would end in a morningstar pattern below the open and close of the previous day. it signals a reversal an is a very BULLISH sign IMO....maybe you guys might hate me for anticipating that close but i think it will pay off the next 2 days, we will see , i will need confirmation early tomorrow. bill please provide some analytics whenever you get some free time, and if your tooo busy , i understand, just want to try to give the group here an extra opinion.
i almost raised my bid to .0016 because i feel confident about the next couple of days...
if anyone disagrees with my reads PLEASE give me your opinion..i take constructive criticism very well;)
PLEASE DYODD , i am not a pro analyst..this is all my OPINION...TY and GL
explanation for those who want one:
the red candle shows the sellers trying to drive the market down (friday) , the small body (today) shows the bears cant drive this any lower. tomorrow a strong green candle will confirm a reversal has occurred and the bulls have take over....tomorrow is supposed to be green for this pattern to be confirmed..
Bass -
I haven't looked at the charts yet, but I will say this. You are not the only one who couldn't get your order filled. A lot of people tried and just couldn't get it done. Even at .0016 there was a big wait and that was the ask for the greater portion of the day.
MGLG's base is like concrete now. That in itself is a very rare situation. Everybody is holding and trying to buy more.
This baby is going to pay big in my estimation.
Even though it was a boring day watching the base further solidify, it will make a world of difference when the PR is released.
It really is great stuff! They all ready have the gas and oil..now flow rates will come out and then 11 more wells and two shale projects. :)
Mega money...........
Hi Gang,
What a day huh? The candles were pointing in the right direction for the general market. Got stopped out of DRYS, at least for my long, still have a call that isn't worth much. But, thats a good thing, don't want big losses. I saw futures dropping before I went to bed, so figured it would be a down day.
Looking at a "trend" point of view for your guys plays, I have a trend system and also I used to follow (as in watch) a pretty successful day trader who traded things like SRS on the 15-60 min time scales - so I know her tricks - they are in agreement with each stock (at least using her system on a 60 min time scale - haven't looked at 30 or 15 min...
MGLG would be hold for now - and actually not a bad buy in point if it moves up a little, say break 0.0017 to 0.0018
BEHL would also be a hold for now - but I wouldn't enter or add - again disclaimer is the *I* in the "I wouldn't"
BCLE would be out for now, wait for the next upswing which could be anytime.
Of course, I usually don't play these types of things, but that's what I have on my radar. I spent way too much time last night convincing myself of a big down move today for the general market, so I missed most of todays action, hahaha... but at least I was on the right side of the fence in terms of where I had my money for a change.
I'll likely have my hands full on SRS and FAZ since I am "overweighted" so to speak on those at the moment, so I may be a little quiet.
Not sure if you guys also trade SIRI - its a mixed bag on that guy - my trend system is still up, but its a mixed bag of indicators on the day trade plan... the last exit would have been at 0.40. Though the violent spikes wreak havoc on these types of scans, IMO.
From a (disclaimer *my tea leaf reading*) pattern perspective a close above 0.38 would be bullish tomorrow.
Off topic... My friend that I traded SIRI with previously bought me a SIRI stilletto with his winnings, I finally activated it last night, its pretty cool!
I wish I could make more trades like that! I'm kind of on a losing streak at the moment! :(
Thanks for posting that!
Hahaha - also I finally figured out where you guys get those y-axis labels - you just click y-axis labels!
Do you use the SAR much to exit trades Bill?
No prob! It is amazing what a button will do! lol. It is on the first bank of parameters on a www.stockchart.com chart settings. It is a check box. The one that you are looking at there is what comes up after you hit the print button on the original page.Quote:
Originally Posted by Dr. Dave
BassMaster and the rest.
My take on MGLG,
This is definitely going places. I think what we have seen in the last few trading days is the flippers and day traders selling off and moving on to the next big volume stock. This has kept the price down (along with NITE) since they are selling off and leaving (I hope).
I totally agree that we are building a very strong base at 15/16. Once all the non-believers have jumped ship we will be on the rise. I think our next sticking point will be around 22/23 We might bounce off that ceiling a couple of times.
A good PR will bring in a new fresh batch of investors (that I am sure are watching from a distance...waiting on the news.) BassMaster I think a buy at 16 is solid as this will be the bottom of the channel for the next week or two.
BCLE,
I know we all had a little thrill last week when it jumped up a penny (for no apparent reason) but all in all this is a medium to long. I don't see this as a jump in - jump out profit.
And as Bill has pointed out and I believe after doing all my DD, this will be a solid stock for the next year. It just has all the makings of a winner in this market/administration.
But . . . it is a longer hold.
BEHL
I see this continuing its move up. A small float, good leadership, and a solid business plan make this a looker. I see this hitting pennies very soon.
I think it will continue its slow but steady progress upwards. Last week it leveled and even dropped a bit as the normal profit taking was happening as it would for any stock that is on the move like this one is.
This is still a good investment stock, IMO
That is my outlook . . . . and as always . . remember, It is quite possible that I have no idea what I am talking about since I have yet to make my first million in the stock market.
Now where is my whiskey . . oh here it is.
I have just started taking the SAR seriously. I am combining it with the WM%, the RSI, the MACD and the EMA. I use the EMA instead of the sma because it is weighted and more sensitive to volatility and price change.Quote:
Originally Posted by Dr. Dave
I set the WM% on 7, which is for a day trade and then factor in the others along with it. With it set on 7 I can still fudge with the other indicators if I want.
Hell, I guess I could fudge with all of them if I wanted! lol
Yes, 22/23 next biggie then around (I don't have a chart in front of me, so forgive me if I am off a point) 27/28 and then 33, then it is clear sailing.Quote:
Originally Posted by Stock Magician
You called it perfectly!
Hello Bill and your loyal followers...........(and he's the right guy to lead you)
How you doing my friend....well I did it today.....starting a diversified portfolio again....I pick up some Ocnf 1000x @ 1.26..... so its a start.....I was gonna try to wait until it hit a $1 but I dont know if it will.....but I will trade it on the good days and buy it back on the pull backs and I see where I can take it..The market is definalty gonna pull back and I promise the outcome it will turn out different for me this time.....Next goal is drys for under $4....
Bill their has been some bad talk about their management.....what do you think about it?........I know you love the ships....just want to make sure you havent had a change of heart......Talk at you soon Tony:cool:
Ps....Ray almost got to a penny today on Behl .0095 dam that boy is good!
Bill -
If you want to take a look, the day trader I followed used to use (well, still does) a 9 and 39 EMA cross either on the 15, 30, or 60 min time frames - depends on the stock, for entry, then monitor a 60,3,1 full stochastic - watch it get to overbought, then be ready to hit the trigger once it crossed back into the middle range - also eyeing the 9/39 ema's. Of course, she'd watch for significant candles and prices hitting the usual support/resistance and trend lines too - but I noticed that buys and sells using this would have worked out pretty good on some of these stocks.
btw, I don't particularly care for NITE.
Dr.Dave,Quote:
Originally Posted by Dr. Dave
can you post a chart for mglg equal to your post...???
If your not in mglg no worries..thankyou...
Sworn
Agree just couldn't wait...picked up some ocnf @1.22...couldn't help myself! Just slammed them into the drawer...will hold long...will be like gold when world economy turns!
Bill and his posse!!! Thats posse not pussssss...you know what i mean!
Still holding waaaaaaaay to many shares of that big fat lazy blue dog!!!!ya you know which one I'm talking about!!!!! Mel better show me the money before he gets his chiclets rebuilt!!! or he might have to have a do-over once i get through with him!LOL(just kidding)
MGLG- will wait till the cows come home on this one. Hopefully, news will come out soon!!!Holding the other F...ing dog for so long has really made me impatient!!!!!
BCLE-Sitting there waiting to explode...I will be there for the fireworks!!!
Jeff