Market Watch for the week of 8/9/2009

[Los Tiburones]

Good evening Bass...funny, I got in Qasp today @.039, just below where you sold, probably not too smart an my part, Oh well.

I love bass fishing but have not had a chance to go this year. I used to go every night years back when my ex father in law and I would stock local ponds with some whoppers and fish them everynight at dusk. I plan on getting back to that next year with my son when he turns 4 and try to turn him on to fishing.

You know people are tired of waiting for miggle to do something when the bashing has stopped for the most part over at the spoke. I'm in at an average of .001 so I have no choice but to wait. I have the most $ in this one and scour the internet for news and never find anything.

Hey Bass, guy's and gal's, hope you are all doing well. ATM, am right along with you there in miggle, got in high, I think @ .017 and then avg. down to the same as yourself. If it helps, I also got in a bit higher in QASP .049 and was toying with the idea of adding a bit today to bring it down and the count up ... Not too concerned either way, if it trends down again tomorrow might give it another shot ...

Great news on SIRI it appears on the surface, it's really odd being untethered for most of this week from the constant drama (or lack thereof) of it all - I guess I can survive without it and these pennies have shifted my attention - And you were Internet-less for 4 days? Are you some kind of freak? I envy you ...

[bassmaster]

Hey Bass, guy's and gal's, hope you are all doing well. ATM, am right along with you there in miggle, got in high, I think @ .017 and then avg. down to the same as yourself. If it helps, I also got in a bit higher in QASP .049 and was toying with the idea of adding a bit today to bring it down and the count up ... Not too concerned either way, if it trends down again tomorrow might give it another shot ...

Great news on SIRI it appears on the surface, it's really odd being untethered for most of this week from the constant drama (or lack thereof) of it all - I guess I can survive without it and these pennies have shifted my attention - And you were Internet-less for 4 days? Are you some kind of freak? I envy you ...

shark, my opinion and my opinion only. take it FWIW, dont do what i did. i dumped way more money in this than i wanted to avg down. IF (big IF) its going down , there will be a better opp than the low 4's. if it goes up then you buy at .049 is fine. comprende? also understand i AM NOT CURRENTLY holding this stock, so i want to fully disclose my position there, i dont want to give the impression that i am bashing, I AM NOT... just giving you a free lesson i learned (that was expensive to me).

[billhart22]

My list of unfavorite teams:

Ravens - no appeal at all
Lions - Is there a way to eliminate them from Thanksgiving?
Falcons - Bucket heads
Cowboys - They are getting better since they got off of drugs
Dolphins - don't trip my trigger
NEW ENGLAND #1 - Never could stand them...they give me stomach pains and gas
OAKLAND another #1 - Darryl Lamonica is gone forever
Kansas City....I feel sorry for them.

You can make fun of the Donkeys (Broncos). You won't hurt my feelings. They haven't done anything since "John" left. Now Shanahan is gone and a new QB, we will see what they can do this year. I hate rebuilding the team all of the time. We have had too many personnel problems. Jake the Snake was a real bummer. Cutler just couldn't measure up consistently, so this should be a real weird season again.

Some of my favorites:

The Steelers..I love them.
Arizona - I hope they have a great season
Chicago - They are tough on defense
San Diego - great team
Jets - feel sorry for them also. I jacked up a jet fan (twice my size) at a Broncos game and then he twisted my arm and then I threatened to kick his ass. We separated and that was that outside the mens bathroom at Mile High Stadium.

I would like to see San Francisco make a go of it this year. They were such a great team before and played football like a swan!

That is all that I can think of right now without looking.

[bassmaster]

ATM GEEEK, i live in a part of NY that is surrounded by the NYC reservoir system, so the freshwater fishing is abundant. between online poker and trading , the rest of my spare time is spent on these waters. the fishing has been tough for me lately, and i am getting frustrated. on these waters , NYC has banned any type of motors so its only accessible by rowboats. it sucks because its so much work, but then again its good exercise. i catch and release unless its a walleye which ill keep every once in a while (its one of the few freshwater fish i eat). anyways, im tired, off to bed and up early to see whats poppin in pinkyland.

hey bill, hope all is well. will be back in the morning..

Dr Dave youre the fkn man bro, i envy your knowledge of T/A, i reread every one of your posts like 10 times so i can learn everything you have to offer. please keep it coming, even if it has nothing to do with what we're talking about. at some point whatever info you write will be useful. TY SIR.

[Sworntwofun]

shark, my opinion and my opinion only. take it FWIW, dont do what i did. i dumped way more money in this than i wanted to avg down. IF (big IF) its going down , there will be a better opp than the low 4's. if it goes up then you buy at .049 is fine. comprende? also understand i AM NOT CURRENTLY holding this stock, so i want to fully disclose my position there, i dont want to give the impression that i am bashing, I AM NOT... just giving you a free lesson i learned (that was expensive to me).

QASP....Today I was watching all day with dry powder and watch .032 come and go and closed at .04....on a day trade $800....profit...I will not make the same mistake tomorrow...but these are trading shares so if i cant buy them back because shares become thin...i'll still have my 100k long term........if its looks like .036 is the best i can get...i will still jump in..mm's will try to shake some shares loose in the morning so Ill be ready....this stock might be in a great trading range for the next week or so...but again I will not touch my core and believe me it was killing me not to pull the trigger at .052 and could of bought back at .032 but I almost lost those shares once....and it wasnt a good feeling to sell @ .018 and go to .025.. lucky for me it pulled back to get back in even money......Good Luck and where is Bill....Did someone give him the night off or what?


figures Bill as soon as i post it you are here........Whats up Buddy!

[Los Tiburones]

shark, my opinion and my opinion only. take it FWIW, dont do what i did. i dumped way more money in this than i wanted to avg down. IF (big IF) its going down , there will be a better opp than the low 4's. if it goes up then you buy at .049 is fine. comprende? also understand i AM NOT CURRENTLY holding this stock, so i want to fully disclose my position there, i dont want to give the impression that i am bashing, I AM NOT... just giving you a free lesson i learned (that was expensive to me).

Thanks Bass, I really appreciate it! Was watching it this morning and had a buy in for .035, it looked like it was heading further south so I pulled it and reset it for .033, then left it there all day where it never triggered. I hear you loud and clear though, have done this with SIRI and even recently with BEHL ... This time I am really ambivelant either way with QASP .. It stung a little to buy in high like I did and as you mentioned, thinking it was tracking higher, that was on Monday. Tuesday was the dangerous day if I was going to panick but got too busy and distracted to do anything ... fortunately. So today and going forward, if I see an op lower, say .035 or lower I might add another 10K shares ... otherwise I am content. I defiently could add a significant amount and really put my butt in a sling, but I have a commimetment to paying off debt that I will not sabatoge ... In fact I should just go on record here to keep myself accountable to you all ... I have about a 3-4 hundred dollar float to play with out of powder anything else will have to come from sells or set asides from regular payroll contributions.

Cool, I feel better already

Really appreciate the feedback Bass. It's good to keep each other on our toes and our plans\stratgegies.

[bassmaster]

after reading tonys post to my reply ..i realized i made a grammatical error... i meant to say "YOUR BUY AT .049 IS FINE" , not you buy at .049 is fine.

sorry for any misunderstanding..

[Sworntwofun]

ATM GEEEK, i live in a part of NY that is surrounded by the NYC reservoir system, so the freshwater fishing is abundant. between online poker and trading , the rest of my spare time is spent on these waters. the fishing has been tough for me lately, and i am getting frustrated. on these waters , NYC has banned any type of motors so its only accessible by rowboats. it sucks because its so much work, but then again its good exercise. i catch and release unless its a walleye which ill keep every once in a while (its one of the few freshwater fish i eat). anyways, im tired, off to bed and up early to see whats poppin in pinkyland.

hey bill, hope all is well. will be back in the morning..

Dr Dave youre the fkn man bro, i envy your knowledge of T/A, i reread every one of your posts like 10 times so i can learn everything you have to offer. please keep it coming, even if it has nothing to do with what we're talking about. at some point whatever info you write will be useful. TY SIR.

Bass...If you ever want company while your in AC you can scoop me up on the way....im in Colts Neck...I wouldnt be a distraction while your playing I know how to keep occupied... but on your down time there we could BS.. Im not really that social almost a hermit and want to get out a little but wont by myself.............. (I been total work nut for the last 30 years now I want to live a little)

[bassmaster]

Bass...If you ever want company while your in AC you can scoop me up on the way....im in Colts Neck...I wouldnt be a distraction while your playing I know how to keep occupied... but on your down time there we could BS.. Im not really that social almost a hermit and want to get out a little but wont by myself.............. (I been total work nut for the last 30 years now I want to live a little)

yeah for sure bro... ill let you know when i go back to the borgata for a tourney. i have to warn you it wont be for a couple of months tho. i leave for europe in a couple of weeks for a holiday and then playing some events out there. ill be looking forward to it tho!!!!

[Los Tiburones]

after reading tonys post to my reply ..i realized i made a grammatical error... i meant to say "YOUR BUY AT .049 IS FINE" , not you buy at .049 is fine.

sorry for any misunderstanding..

I got that Bass No misunderstanding ... Thanks again man.

That miggle report has got to break any day now ...

Out for the night ... Brighter days ahead