Market Watch for week of July 20, 2009

[Sean]

thanks - (message must be 10 characters) so i had to type something more

[Sean]

yea looking at the past every uptick... it does gap at the start and then come down fast the next day :/

[Dr. Dave]

Everyone to your battle stations....

[Sean]

i rushed into SARO at .0014 :/ i coulda got in at .0013

[Sean]

in stock that jump high, typically what time of the day do they reach their peak (from past experiences)?

it seems like every1 from friday is selling, and these new buyers today will hold until it goes higher, so just need to wait for sellers from friday to be all sold out?

[Dr. Dave]

Nasdaq 5 points to its gap resistance...

Sean - thanks for telling me to hold.

oops - nasdaq turned at 1901

[billhart22]

If you look at a stock on a daily basis, it will typically make a rise and a fall before taking off on a run. This holds true a lot of the time. Not on an intraday basis, typically, but a daily basis.

[Sean]

sweet thanks,
thats because all of the early people are taking profits right?
but i guess it could go the opposite way as well, i hope SARO does what your picture says

thanks

bcle seems idle at the moment, hoping it goes strong in last hour like last 2 days

[billhart22]

sweet thanks,
thats because all of the early people are taking profits right?
but i guess it could go the opposite way as well, i hope SARO does what your picture says

thanks

bcle seems idle at the moment, hoping it goes strong in last hour like last 2 days

Actually at this low share price it could go into consolidation pretty soon if it doesn't take off and could just go sideways for a period of time, because the price is really low now and has to find a bottom some where. It has to find a base of some kind unless it just takes off like a mad man. I would think consolidation of some type in my mind. Just keep an eye on it.

[Dr. Dave]

If you look at a stock on a daily basis, it will typically make a rise and a fall before taking off on a run. This holds true a lot of the time. Not on an intraday basis, typically, but a daily basis.

Yup and that second bump is the first impulse wave - one of the greats Linda R, waits for after that, and buys on that turnaround.