Simply comes from the P&F chart, not me. There is a defined formula for how it is derived from the chart but after a cocktail I can't tell you right now. I use 1 cent boxes but I know the P.O. changes by changing the box size. Currently running box sizes in the 1,2,3,4,5,7,8 cent range all give a very nice bullish breakout P.O. but oddly a 6 or 9 cent box gives a bearish 2.70 P.O. Could Waldo be right that 2.75 is in play in the event of some catastrophic macro event until we break thru the 3.60's ? I dunno but wish I understood better why there is that inconsistency in the charts. I call it short term because I'm using a 1 cent box size which can change sentiment up and down quickly as opposed to larger box sizes.
Last edited by siriustimes; 01-13-2015 at 01:29 AM.
Yesterday Wells Fargo analyst intiated Charter with a $195-$200 target, Cowen upgraded CBS with a $62 target, and Merrill upped Time Warner's target to $95.
The media, entertainment and cable sector win with Broadband! Watch the net turn into television! We lived with about 20 years of text. Video takes over now. World is changing........Love it!!!!!
Go back and look at his article. Buying back 500 million shares a year when the stock price goes over $10??? When the company stated their goal is to buy back $2 billion worth of stock per year. Do the freaking math. They are going to spend 5, 6 or 7 billion per year on stock buybacks when they said $2 billion? Give me a freakin break!
Last edited by MUSCLE13; 01-13-2015 at 08:52 AM.
Last edited by Wolf Child; 01-13-2015 at 11:03 AM.
SiriDogs got another HardOn today on heavy volume!....nice analysis SF...maybe we get that break of 3.65 up to your 3.68 EDIT--ish
EDIT: Broken while I was typing this post!![]()
Last edited by denco1; 01-13-2015 at 11:02 AM.
can't wait to hold above Liberty's low ball bid price