Market Watch for week of July 20, 2009

[notwal]

Sean, on level 2 it shows that there was an announcement from the company

[billhart22]

just saw 14's, is there ever a chance that when it dips this low this fast that it can recover over the next few days? is this maybe the dip that linda looks for?

No, this is just a dip..........

[Sean]

does dip mean the ship is going down lol?
man i can't wait until bcle takes off though, i can barely sleep at night thinking about the stock market, its like when your little the day before christmas.
if i start making money i think i'll get level 2 so i can see PR's when they come.

[billhart22]

does dip mean the ship is going down lol?
man i can't wait until bcle takes off though, i can barely sleep at night thinking about the stock market, its like when your little the day before christmas.
if i start making money i think i'll get level 2 so i can see PR's when they come.

Who is your broker, Sean? You are in Canada, right? Even with rudimentary software you should have a news button, eh?

[notwal]

Sean, I purchased L2 a week ago and don't see how it went without it. I just got back in SARO at .0014 and there are 4MMs on the bid so I'm thinking that's good for us. I'm learning right along with you, we should start at young traders club lol

[billhart22]

Just a suggestion, you guys ought to learn how to read the MACD on charts. Notwal, you have the capability now with Scottrade Elite. It is a fine indicator, even though it is a lagging indicator.

[notwal]

Thanks Bill, I will take a look at it. Do you have any suggestions for any good readings on TA?

[Sean]

oh i do have a news button and it does show BCLE there.
i use Questrade
notwal we're in at the same price, how many shares did you buy? i have 150,000.

[billhart22]

Thanks Bill, I will take a look at it. Do you have any suggestions for any good readings on TA?

I have two great sources:

The chart school at www.stockcharts.com. It is free.

and a book: Stan Weinstein's Secrets for profiting in bull and bear markets. You can get a copy off of Amazon used and cheap.

[notwal]

Thanks Bill...I actually saw that book in a used book store yesterday but had no idea it had info on TA.

Sean I have 143K...I cycle between 3 brokers so I can "day trade"

Thats all for me today(dont want to clog the board with my chatter)
Later