Market Watch for week of 8/17/2009

[thetree]

hey guys, nice day for you asfx'ers.....one day maybe I'll gt to see what that's like

I'm going to sound very dumb here but bare with me I'm still learning but, two pages back Bill posted EOD L2 for miggle with a favorable comment (I think it was "ell, well, well"). Then MR. The Tree said something to the effect of a possible uptick for tomorrow. My question is with the sells @ 200k and the buys @ 45k why would that point to a possible uptick tomorrow?? It looks like many more people are trying to sell than buy so wouldn't the pps drop. Can someone explain the simple thing I'm probably missing here. I'm still new at this so please don't laugh too hard

Well ATM, a large part of it was wishful thinking. But there was also some educated guessing behind it. Firstly, someone on the spoke pointed to a WSJ article or something that said that natural gas futures are rising and said that all NG and OIL stocks are getting a bump. I dont know the ticker for an energy index but i guess it's possible. I think if this is the case, we wouldnt be done after one day of buying and it will be a few days before CNBC tells everyone where the next big sector is.
Secondly is this "shareholder update" that is in the works. Now, i really dont think this will be "THE PR", but word about it is spreading. A few times now, there has been a rise for a few days BEFORE a PR, then the day after the PR, a gap and trap. This may just be the pattern for pennies, but if it follows this pattern with this PR/shareholder update I may try to play it out, and sell at 9:45 if we get a big gap one morning, and buy back in after the fall. If this isn't the PR with the production or revenue numbers, I think it will offer me a pretty good dry run of what it may be like when that PR finally does come. Take it for what it's worth and let me know what you think.

[Los Tiburones]

[QUOTE=billhart22;48298]

Um, wouldn't *that* be RC Cola and Moon Pies?

Well, you could fib a little and tell the postman that the possum isn't "liquid or hazardous". OR, you could use dry ice and send 'im FEDEX

In case it's not obvious, I'm completely kidding...

Before becoming a globe-trotting RockStar, I grew up in West By God (until 15) catching craw dads and going "froggin', among other things. Many of which my mother never learned about.


Ramsey







Would you be from the South? Little Debbie's Moon Pies are big there. Froggin is another southern sport. I love frog legs. They almost taste like Chicken.

I also love fresh Catfish.

When I was in Arkansas for a couple of weeks, I ate Catfish, soybeans and cornbread deep-fried in grease. It was sensational! The people that I stayed with were a trip. They were Pentecostal. I had to go to church with them 3 or four times a week. I walked into the Church and people were on the floor writhing and banging into walls and speaking in tongues. All of the sudden the preacher with a handkerchief stopped and asked my name. I said my name was, "Bill". Every time we went after that, he would yell out, "Hey, welcome Brother Bill!". It was really cool. I was into it. I am just glad that they weren't passing around rattle snakes.

I have to say that I never felt the presence of God like that again in my life.

Wow Bill, you know you are speaking my language here, so to speak Very cool ... emphasis on the last part there ...

So is that Big Shot glasses or big SHOT glasses?

Welcome aboard Ramsey ... same Ramsey from the Wave's?

Was pleasantly surprised to check in yesterday just before the close to see SIRI @ ....60? My! After the doldrums of the .30's not so long ago ... Thought I was seeing things ... This is going on several weeks now that it is behaving like a normal stock, after all that has gone on with it there is still this waiting for the other shoe to drop feeling ... that the games could restart any minute, hard to shake that ... Now it's just trying to guage whether or not to let go of the 'over core', had the rough idea that if it got to .63 I would, that was many months ago it seems ...

Great stuff as always, heading off to Dallas this morning - Bass, hope you do well man!

And miggle ... very interesting yesterday ... Email news? Is that what's driving it ...

[Sean]

Hello Investment Team (i like that name lol)

hey in usa do you guys have RRSP's? or is it called a 401k?
is 401k/rrsp same thing?
rrsp=registered retirement savings plan i think

p.s. i'm at work!!! ahhhhh

[imromo24]

Just got confirmation from the misses!!! Boxed and shipped today, don't be surprised if you get a knock at the door from the fedex guy tomorrow!!! Bass, I hope someone's home, some of it needs to go in the freezer . Enjoy!!!

reminds me of when my grandma sent perogies to me at MSU at christmas...she said they were frozen and it was winter so they should be fine...my mom flipped out that we ate them. I said, i don't care what happens to me i need grandmas perogies at any cost...(still here by the way)

[imromo24]

How much are the car sponges, and which store do you get them at... have to support our company.

if you have a costco thats the best place because you get a double pack. I went to ACE but didn't see any. CVS is where I got mine.

Check Walgreens also, and shoprite.

I can't wait to wash my dog again the sponge feels like a b... implant, kinda makes it fun.

The car sponge package was like $8.99 i think...the pet sponge was like $7.99.

[imromo24]

Newman left and we were on our own. I had a few conversations with Charles and he changed the "Other Satellite News" to "Market Thread". He and i talked....VERY little and got me set up. He has never made a comment to me since...not a word, except that he may buy one of our wild-ass stocks.

hey nice history summary, i didn't realize the section name changed, but I was curious how it was called market watch.

[imromo24]

I, personally, like every person in this thread. There is not one person that I don't like. That is a first for me in any thread or forum anywhere. The advantage that we have is that we are a "team", instead of adversaries. This is a very unique online experience for me and I am very happy to share information with anybody and everybody, so if there are any questions, just ask, because somebody should know something. Rant, rant, rant...lol

Bill

Very true.

And since we're having a session....I have to admit I was losing faith on the Miggle (Bill, you weren't going to get my case of Makers...) as it slowly was creeping down below my "in". I could have totally gotten out yesterday with a happy smile on nearly 100% one day turn around (although still for a small loss but better than when the finger was on the trigger tuesday at .004),so, ill stick it out.

The advice and whatnot here is bar none. thanks everyone...

[just sirius]

Thanks Bill

I distinctly remember being around when you studs began the daily GMAIL foray into the boats and financials. You tried to get me to join in...but since I was traveling daily in rural south Texas...unable to join! Thats OK buddy...After 4 big shots of Makers...you are forgiven.

When I was 8 yrs old...my dad and his flying buddies took me out frog giggin! Just about pissed my pants when that bigass frog landed in the boat and my dad told me to take it off of the gig!

[atmgeek1]

Well ATM, a large part of it was wishful thinking. But there was also some educated guessing behind it. Firstly, someone on the spoke pointed to a WSJ article or something that said that natural gas futures are rising and said that all NG and OIL stocks are getting a bump. I dont know the ticker for an energy index but i guess it's possible. I think if this is the case, we wouldnt be done after one day of buying and it will be a few days before CNBC tells everyone where the next big sector is.
Secondly is this "shareholder update" that is in the works. Now, i really dont think this will be "THE PR", but word about it is spreading. A few times now, there has been a rise for a few days BEFORE a PR, then the day after the PR, a gap and trap. This may just be the pattern for pennies, but if it follows this pattern with this PR/shareholder update I may try to play it out, and sell at 9:45 if we get a big gap one morning, and buy back in after the fall. If this isn't the PR with the production or revenue numbers, I think it will offer me a pretty good dry run of what it may be like when that PR finally does come. Take it for what it's worth and let me know what you think.

Hey Tree, I agree with what you've said, I just thought maybe I was missing a T/A indicator that pointed to something. I'm going to handle this about the same as you though I've been burned just recently with this strategy. I sold my SIRI @ .51 expecting a pullback into the .40's, well as you can see I am kicking myself although I did make good money as they were shares averaged @.15. So now I just want a good run, say to like .0017 or so then a pullback. I will be watching closely!!!

[Ramsey]

Too funny, Bill...

I almost got sucked in, last night, to posting my life's story. You're a fine fellow & easy to talk to - that's cool, in my book.

I'm originally from the hills of south western West Virginia - coal mining country - Hillbillies, we call ourselves

I've been away since 15 - traveled quite a bit - lost most of my twang, but it comes back the second I step across the state line.

For fun, we'd go froggin', catfishin', and catch craw dads in the creek. There were a few times that I tried to jump *that* creek on my bicycle and at least once that I tried to do it in the ol' pick up (76 F100 3onthetree)! When we really wanted to have fun, we'd get in to Pawpaw's shed and "borrow" a stick or three of TNT.

The thing about froggin' is that well - it's straight up Huckleberry Finn stuff - and that kid was cool! It's scary exciting to be floating down the river - pitch dark - with just a miner's light and a gig. The exciting part is getting the frogs. The scary part of it is that the snakes were also after the frogs - after you've gotten a few in your sack, well, you become trolling chum for the snakes. And in the dark, having water snakes come at you...crazy scary for a kid...yet really exciting.

Yes, I know...I'm not all there

As for catfish - funny thing is that the only catfish that I ever cared to eat is the ones that I caught, cleaned, and fried up with my Pawpaw. I've yet to eat any, otherwise, that I could stomach.

Oh, and yes, we had a snake-handling church down the road. Used to sell snakes to the pastor for $2 a pop. If you ever see the PBS documentary about the snake-handling church, well - that'd be the one I'm talking about.

disclaimer: Mama never knew that we had an arrangement with the pastor.

Good times...

****

Los Tib - yep, I'm *that* Ramsey. Hope that's a good thing


****

In other news...my son - he 4 and a half - goes for his yellow belt today in Tae Kwon Do. It's a big deal around here - Papa's proud.

Have a great day!


Ramsey


Would you be from the South? Little Debbie's Moon Pies are big there. Froggin is another southern sport. I love frog legs. They almost taste like Chicken.

I also love fresh Catfish.

When I was in Arkansas for a couple of weeks, I ate Catfish, soybeans and cornbread deep-fried in grease. It was sensational! The people that I stayed with were a trip. They were Pentecostal. I had to go to church with them 3 or four times a week. I walked into the Church and people were on the floor writhing and banging into walls and speaking in tongues. All of the sudden the preacher with a handkerchief stopped and asked my name. I said my name was, "Bill". Every time we went after that, he would yell out, "Hey, welcome Brother Bill!". It was really cool. I was into it. I am just glad that they weren't passing around rattle snakes.

I have to say that I never felt the presence of God like that again in my life.[/QUOTE]