chibear Posted March 20, 2003 Report Share Posted March 20, 2003 squared overnight hereat 868.50....I will wait and see Oyster, Do you still see a pullback into Friday as possible? Link to comment Share on other sites More sharing options...
Oyster Posted March 20, 2003 Report Share Posted March 20, 2003 squared overnight hereat 868.50....I will wait and see Oyster, Do you still see a pullback into Friday as possible? ewave showing all signs of topping with divergence...see earlier chart....however the daily pattern suggests low am high pm....unless I completely misread yesterday...so it disturbs me....I would rather wait for 'other' signs of topping to agree with my ewave...patience Link to comment Share on other sites More sharing options...
Bird D Durr Posted March 20, 2003 Report Share Posted March 20, 2003 Doc, I understand your gripe about penny stocks............... However, in the future you might have to reconsider....................... Some SuctorWatch Big Boys like AMZN, CSCO GM, F......................etc. etc................might well indeed be penny stocks sooner than later.................... Uncle Al & the gubbamit will prop them up forever................ But when forever ends you might need to reconsider................ Link to comment Share on other sites More sharing options...
cyclist Posted March 20, 2003 Report Share Posted March 20, 2003 Oy How do you paste the images from GET I'm trying to do the same. I use continous futures contracts thx Link to comment Share on other sites More sharing options...
Guest bidhitter Posted March 20, 2003 Report Share Posted March 20, 2003 Well today is day 7 of the current up cycle and with mid cycle highs now in, it appears we are ready for a retracement. We could see today down before heading back up tomorrow. Naz will have put in 2 down days in a row albeit small. I still see today as news driven with knee jerks in each direction. ES I am calling 864 the spot today. If the bears can take this down then yesterday's lows are in play along with Tues lows. I expect the 857 area to hold. The opex activity could keep things from falling off the cliff, but could also add to the problem. A move back above 874 should bring upside targets of 881. Don't expect a move above this level today. If so then a squeeze is on and we will hit 890 before we can blink. This is not favored, but with war activity who knows. Tradign between 864 and 874 keeps the bears at bay much like yesterday action. NQ Appears to have run out of steam after the 150 pt run over last 5 days.A break of 1065 down will confirm a move to 1057 and 1047. Look for support here. Trading back above 1076 should allow a run back to 1087 with 1095 the upside target. This is not favored today but once again who knows with war. Dow 8300 should be ceiling today to keep bulls at bay. Trading between 8220 and 8300 keeps the bears at bay. Only below 8170 do the bears begin to make a case with an 8140 target. Expect a bounce here. I will once again be patient and pick my spots today as I suspect we get a pretty good retracement into opex friday with a late day squeeze tomorrow coming as shorts don't want to be caught over weekend in good war news. g/l Link to comment Share on other sites More sharing options...
SevenOfEleven Posted March 20, 2003 Report Share Posted March 20, 2003 Not sure what you mean by "listed on the exchanges" - aren't all stocks listed on some exchange? My understanding of listed vs non-listed is OTC-BB == not listed. Correct me if I'm wrong. Link to comment Share on other sites More sharing options...
chibear Posted March 20, 2003 Report Share Posted March 20, 2003 I was going to stay home today anyway to follow the war developments. But I have an added incentive after reading Doc's account of his Dabble in Dong. I'm going to try this too, something I couldn't do at the office. Tanks, Doc. Your courage has inspired me. Link to comment Share on other sites More sharing options...
K Wave Rider Posted March 20, 2003 Report Share Posted March 20, 2003 To all, I think you are missing the point on the "penny" issue. I doesn't really have as much to do with the price of the stock as it does with the type of stock. The company being referred to the other day had revenues of $11 million. That falls in the highly speculative "penny" stock classification. If a bigger cap stock is trading for less than $5 or $2 or whatever, it is a totally different issue. Not that any of these bigger cap stocks are exempt from fraud and manipulation. Link to comment Share on other sites More sharing options...
GregFokker Posted March 20, 2003 Report Share Posted March 20, 2003 Presume that we don't want to be using the Stool for the standard pump n dump ops that those stocks are famous for. Link to comment Share on other sites More sharing options...
Oyster Posted March 20, 2003 Report Share Posted March 20, 2003 small dong...dangerous stuff and I will be quick to cut if wrong....idea is to sell short well into the 870's....or breaking the 858-860 level Link to comment Share on other sites More sharing options...
DrStool Posted March 20, 2003 Report Share Posted March 20, 2003 Pre Market Update in your Anals Link to comment Share on other sites More sharing options...
GregFokker Posted March 20, 2003 Report Share Posted March 20, 2003 9.75B to go. Temporary Open Market Operations 03/20/2003 Maturity Date 04/17/2003 Delivery Date 03/20/2003 The Desk has entered the market announcing: 28-Day RP 5B Link to comment Share on other sites More sharing options...
Drano Posted March 20, 2003 Report Share Posted March 20, 2003 9.75B to go. Temporary Open Market Operations 03/20/2003 Maturity Date 04/17/2003 Delivery Date 03/20/2003 The Desk has entered the market announcing: 28-Day RP 5B Translation please. :cry: Link to comment Share on other sites More sharing options...
Oyster Posted March 20, 2003 Report Share Posted March 20, 2003 Oy How do you paste the images from GET I'm trying to do the same. I use continous futures contracts thx I use another source for pdf conversion........there is an image capture programme which is good called snap I think...then download to Doc Link to comment Share on other sites More sharing options...
sweefraapp Posted March 20, 2003 Report Share Posted March 20, 2003 A**Master had a great call on WEL - .50 a few days ago. You there & healthy Fox? Had trouble with Norton - GF, did you get my email? Link to comment Share on other sites More sharing options...
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