OOOO, I see the confusion John. That wasnt the move I was reffering too. Brandon was predicting more today, my concern was for when the real breakout was coming. That wasnt it obviously. I guessed a close between .37 and .38, i was wrong. I was right until the last trade. Now Brandon, was 100 percent right, TO THE LAST TRADE.
The breakout longer term Brandon and I have been talking about is coming tomorrow or Monday. You can quote me on that. Go ahead. Im talking we will hit .42-.45 or back to .32-.35. That is a significant move. But the upside on the move might be much higher. Or it could be much lower(downside). But according to my chart, those are the most likely possible retrace points.
Last edited by relmor2003; 03-26-2009 at 05:47 PM.
Lets get one thing straight I have no problem with people who want to make calls on any stock. What I get pissed with is a person that calls it going both ways then saying he was correct because it went ONE way he called it and not the other way he called it.
It is the same reason Brandon still cant admit he was wrong on SIRIXM lossing 2 MILLION subscribers this year. He has already said he still thinks he is right and "I told you so" because of what most thought about 1st Q and there being some loss of subscribers. You see if they lose 100,000 or 150,000 he will try to say he was right forgetting the fact that 600,000 is nowhere near the 2 million subscriber loss for the year (150,000 X 4 = 600,000).
Damian, if you recall when it did its fast drop (a few second) to .23 then back up (a few seconds later), I did not give you credit until it was more like the drop you called which was more of a slow stable drop under .3.
Last edited by john; 03-26-2009 at 06:03 PM.
There's an idea! A guest co-host! By the way. it looks like Ergen will have to cover now to pay his fines...
http://news.yahoo.com/s/ap/20090325/...l_dish_network
OMG do you see what I am talking about here folks;
"You can quote me on that. Go ahead. Im talking we will hit .42-.45 or back to .32-.35.
and then we have this one;
"That is a significant move. But the upside on the move might be much higher. Or it could be much lower."
Here relmar one simple prediction is all I am asking from you: will it goto .42-.45...........OR will it goto .32-.35
Here I know you want to cover yourself with this one, "or it may go much higher" and then you cover yourself on the lower side of it also with this, " Or it could be much lower". My point is if you take all the bullshit out, I see you cant tell.
P.S. No Brandon wasnt 100% because when did it go down I didn't see that in the chart. It hit .36 once and that was before Brandon said it would go there AGAIN and what about the lower part of his projection I guess that doesn't count does it.
Last edited by john; 03-26-2009 at 06:00 PM.
Brandon,
I promise to call in......
There is much to talk about...
I'll try not to drink too much before the show...![]()
John...
For the love of God. The market is fluid. Nothing goes straight up and nothing goes straight down. If you would take the time to learn technical analysis it would help you greatly.
Technical analysis is the study of supply and demand.
No one can predict where a stock will go tomorrow. That being said, it is possible to use certain data such as charts and level 2 to see if their is strong demand (buyers) or strong supply (sellers)
Once that information is ascertained, a trend becomes clear, and it can be used to your advantage. Is it foolproof? No. But it increases your chances of being successful.
It's the equivalent of betting on a football game and having an understanding of each teams injury report, yards allowed, points scored, etc. Having that information will increase your chances of making the correct wager.
Hell, the Red Army could land on our shores tomorrow and crash the market before it opens. One never knows. You have to develop your skills or get out of the game.