Market Watch for the week of 8/9/2009

[bassmaster]

i think the optimal play is take out your original investment. ride the free shares. if it declines to form the handle buy in using your "original investment" around 3. and just pray the pattern completes with a breakout!!!

added this on edit : or instead of using full buying power at around 3, maybe half buying power at around 3 and the other half on a confirmed breakout of the handle. hows that strategy sound?

[bassmaster]

if it doesnt decline to form a handle, you still have equity in the rally.

[bassmaster]

dr d, i posted a link to your elliot T/A of sirius into the sirius thread. relmor (a pretty cool guy) had some thoughts, since i am not versed in it yet. maybe you can reply to his post if you have time, i am curious to see how that conversation goes.

[billhart22]

Just got back. Today is flatter than a tortilla. Boring.....boring...boring... I know now how Sean feels at work pressing that F5 button all day long

[notwal]

Power this hour?

[imromo24]

ok
One thing - my disclaimer... all info presented is based solely on TA, nothing else, no level2, no news reports, no reading the wheel, only google mapping qasp earlier I believe, but not sure if I did that, I didn't with spng.

no need to google map spng, i washed my dog with the uncle normans pet sponge last weekend and will wash my truck with the wash and wax sponge maybe tonight. Picked them up at CVS.

the thing to add to your chart is that they are going to announce the yearly earnings this month. SPNG year ended may 31st.

[Sean]

1.25 more hours!!!!!!!

[imromo24]

well, i did google map spng too, but its downtown NY so not much to see but chinese restaraunts and electronics stores and big buildings, but give it a shot anyway...


so you know, im in heavy on spng, looking for a pr monday on august sales.

[bigsandy]

2.5 more hours!!!!!!!!!!!!

Hey Sean....take it from experience. Find yourself some work that you love. The day will pass by quickly, you'll enjoy what you do and it won't seem like WORK. I've been doing what I love since 1993 and haven't been to 'work' since then....lol.

[bassmaster]

well, i did google map spng too, but its downtown NY so not much to see but chinese restaraunts and electronics stores and big buildings, but give it a shot anyway...


so you know, im in heavy on spng, looking for a pr monday on august sales.

no need to google map this penny. just turn on a baseball game and you will see the company name plastered on every stadium. legit company, legit product easily found. just wish i had about 10-15k free to drop on this one right now.