transports stalling...
SEA the ETF for ships is all over, but oddly keeps bouncing off the 150 sma, which is funny, I read about an old trader that used it, and I'm finding a lot of stocks bounce there.
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transports stalling...
SEA the ETF for ships is all over, but oddly keeps bouncing off the 150 sma, which is funny, I read about an old trader that used it, and I'm finding a lot of stocks bounce there.
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CAT keeps stalling at the former flag target - which is a nice round $60
DRYS recovered into the pattern...
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DSX broke it's channel, a limit buy at 15.10 or so if you can watch it may not be a bad idea...
EGLE still in it's channel
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Let's look now at shipping's fundamental leaders -
first ISH -
now here's a pure case where sometimes buying fundamental leaders making new highs isn't such a bad idea - it's been trucking - or sailing - pretty good since it broke out to new highs, it's only tested the previous high twice...
The other fundamental leader, NMM, is doing good too....
I guess sticking with the leaders isn't as fun, but they do make you money, slowly, but they do... I'm starting to head back to them - AAPL, AMZN, PCLN, good stuff.
Actually, if NMM hits back over $15, it could pick up a lot of institutional buying.
ok ok ok dave, enough of the other stocks, what about ocnf....
OCNF -
Bunch of you guys in at $1. I know, more fun, cause you get to make a lot more with this guy than with the big listed leaders... so I say, if you are in at a buck, get out just under a buck if it heads back down, if it continues up, just look at each 25 cents as a new benchmark... if they get taken out, look at them as possible buy in points... average up. I hope it gets back to $2 and breaks it. we may get a little pullback here if that SEA and SHX pulls back, so there may be a second chance to buy around the dollar mark, just watch the candles.
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Butterbean vs. Cabbage..
in korean
http://www.dailymotion.com/video/x6f...-cabbage_sport
Last edited by Dr. Dave; 11-13-2009 at 04:30 AM.
Dave, thanks for the chart on PMU. I had almost forgotten that one. I played it several times in early October and then left it alone. Now I have something to do today instead of paying attention to the weather!
Thanks,
Chuck
Hey AG,
I went from 10K @ .06 to 70K now at .03 - Avg. down ... And then every morning I put out a silly sell at .17 or a shade lower ... just in case I am away from my computer when Exxon buys them out
Still qasping daily, think my cranium is ready for a straight jacket, talk about waffling and being torn between two opinions ... Some decent DD was unearthed yesterday on the shrub re: The lawyer they retained for the .. ahem, 'acquisitions' ... But the delay drags on anyway, next week, next week ... any day now ... the bottom is in! Were all going to be filthy rich ad nausea-m ...
I'll probably buy some more - "Yes master"![]()