Market Watch for the week 8/3/2009

[billhart22]

lol tib i'm here

Keep hitting that F5 button, Sean. It makes us look good

[Dr. Dave]

hey dr. dave nice find, im guessing thats kind of a big deal for behl to be there, hopefully we get some more big money coming in tomorrow

Yeah, it kind of is a big deal as far as I'm concerned.... most of the stuff is general to indexes and commodities...

ie. off the top of my head
DIA, DXD $INDU - dow jones industrials etf/index
DXO, DIG, DUG, OIH, XLE, USO - oil and energy etf's/index
GDX, GLD, $GOLD, SLV - gold/silver
QQQQ, QID, QLD, $COMPQ - nasdaq etfs/index
SDS, SPY, $SPX - SP500 etf/index
FAS, FAZ, XLF, SKF - financial etfs
UDN, UUP, USD - us dollar I believe
SRS, URE - real estate
$VIX - volatility

then the few Stock regulars - AAPL, GOOG, RIMM BAC, F, DRYS, MON, POT stuff like that...

BEHL is still up there.

I'm hoping it forms a base within one of these latest candles - give us some stability.

[billhart22]

hello everyone , first time poster, been lurking since bill was talking to himself this has turned out to be a great group. bill, what is your take on GCKO, any info will be appreciated. cant type so i will not be posting much.thanks everyone

First of all, welcome rualan! We are glad that you are here. Make yourself part of our happy family. (I all ready know that GEEK stole my thunder, lol). Man you must have been reading this thread for a long time. We are glad that you have finally landed!

[Dr. Dave]

LOL, I finally found a place where I can get an answer in. I love the charts! OCNF is setting up quite nicely now. It will be really interesting to keep an eye on it.

Hahaha - yeah, and I make them too big - for the pennies, I've deemed that most of the indicators are worthless due to their violent nature... so I made a new background for those, they should be smaller.

As long as the transports, CAT, the SHX, SEA, PACR (who also showed up on the cloud ticker today) and such keep chugging along, and hopefully with a BDI reversal in direction, I'd say its a go for OCNF, though we have some heavy resistance to clear.

Here's a ticker list for ships - need to check out the weekly charts - as long as there are higher highs and lows, they should eventually run up like the other stocks did.

We are getting overbought on the general market though, but if I remember right, the dow transports and industrials may have had their upside dow theory confirmation... have to look..

$BDI
$SHX
$TRAN
CAT
CPLP
DHT
DRYS
DSX
EGLE
EXM
FRO
GNK
GNLG
ISH
KEX
NAT
NMM
OCNF
ONAV
PACR
PRGN
SB
SEA
TBSI
TGB
TNK

[billhart22]

Rualan, let me be the first to say welcome, congrats for coming out of the dark. Your right, this group is awesome. I think in last weeks thread Dr. Dave compiled a lists of tickers people were involved with. Be sure to check that out to see if GCKO might be there. I might look at that tonight if I get a chance. Maybe you could also list the tickers you may be involved with?? Don't worry about typing, by the time I type a message usually 5 or 6 posts have gone up...I know the feeling

Bill, sorry if I stole your thunder for a proper welcome, please feel free to give Rualan the welcome he deserves

Geek, you can say it just as well as I can

[billhart22]

Hey Bill!! Hope all is good, I was looking at this one today. Can't find anything new, other than what you posted here. Not sure what to think, but I am watching it. Not sure why the sell off today?

Jimmy!

It went down because I bought some. I only put $350 into it for 23,333 shares at .015. I have had that $350 sitting around in my account for a couple of weeks.

I think they are a pretty groovy company. We shall see. They are taking over that other company on August 14th. That's what really made me wonder why it dropped. It will definitely go up. Let me get out my tire pump.

I hope that everything is great for you. You haven't been around in a while, but it is Summer.

[Stock Magician]

Dr. Dave and Bill,

I have a chunk of OCNF. I am holding that as a Long. I am glad to finally see it coming out of the red in my account. I bought into it @1.70. I was never worried since you know it is coming back and the PR has all been great on it. However, just waiting for the economy to push it back up... Sheesh. I did not think I bought on a high mark...but there you go.

I would like to add to that chunk over the next few months as I really like their dividends. Buy in now and it will be like getting 30% every time they pay out.

[Dr. Dave]

I like the Base on OCNF - I liked EGLE's fundamentals better, but I guess since the banks were the first to rally back in february, the fundamentals aren't exactly the key leader in determining a run these days. OCNF would give a bigger bang for the buck. I'll have to see how much I have in EGLE and PACR, don't want to overweight myself, but still compared to the rest of what's going on, this sector (which is likely a better representation of where the world is at), has lagged and has more upside than the others.

Well, I better get to work.

See you folks in a few hours when the stock neuroses catches up with me again.

[billhart22]

Hahaha - yeah, and I make them too big - for the pennies, I've deemed that most of the indicators are worthless due to their violent nature... so I made a new background for those, they should be smaller.

As long as the transports, CAT, the SHX, SEA, PACR (who also showed up on the cloud ticker today) and such keep chugging along, and hopefully with a BDI reversal in direction, I'd say its a go for OCNF, though we have some heavy resistance to clear.

Here's a ticker list for ships - need to check out the weekly charts - as long as there are higher highs and lows, they should eventually run up like the other stocks did.

We are getting overbought on the general market though, but if I remember right, the dow transports and industrials may have had their upside dow theory confirmation... have to look..

$BDI
$SHX
$TRAN
CAT
CPLP
DHT
DRYS
DSX
EGLE
EXM
FRO
GNK
GNLG
ISH
KEX
NAT
NMM
OCNF
ONAV
PACR
PRGN
SB
SEA
TBSI
TGB
TNK

I think it is good to have all of those indicators on there, because people will start correlating them in their minds with price movement and volume and such. I am glad that I took an interest in charts a long while ago and learned most of the indicators and how to mark up charts.

The indicators all get you to the same place. They just do it in different ways. Some are so similar that they all aren't worth using. I dig charts though.

[Dr. Dave]

Dr. Dave and Bill,

I have a chunk of OCNF. I am holding that as a Long. I am glad to finally see it coming out of the red in my account. I bought into it @1.70. I was never worried since you know it is coming back and the PR has all been great on it. However, just waiting for the economy to push it back up... Sheesh. I did not think I bought on a high mark...but there you go.

I would like to add to that chunk over the next few months as I really like their dividends. Buy in now and it will be like getting 30% every time they pay out.

Ha, we posted at the sametime. I agree, now would be a good time to get in early. I'm really hoping the SHX can bust thru its last high. The first wave up is pretty strong though. ISH is the fundamental leader and breaking out to new highs, need to keep an eye on it too.