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Long Necked Species Index


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This has to be the most amazing hourly chart I have ever seen..My guess is TASR tops next week and crashes spectacularly..I rarely play options, but seriously considering it on this one. As soon as the momo stops, I'll be looking to pounce.

Great example of bull vs. bear: I'm looking at this stupid stock on the way up, waiting to short. Never make a penny. Whereas, the bulls say. "look at this stupid stock, I'm gonna buy it" and make millions. At some point, casino psychology kicks in. Bulls can smell it much better than bears can, ie, which bets will pay off, which won't.

 

40% short interest is a great indicator. Like KKD last year. Only another exponent of acceleration.

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I bet Daytrading becomes the next favored "part time job" for high school students.

 

Consider it an "Extreme Sport".

 

Yep...maybe they will invent a new stock market game called "Fear Factor"...senior HS participants are forced to take 20k of their first year college tuition money and buy 200 shares of some 100 dollar POS with a mandatory holding period of six months...the purchase has to be at the market on a day the POS is up 10 and the individual must also eat mug full of live earthworms or the trade is rejected....

 

No way we don't get another wipeout now,,,same sentiment, recklessness, complacency....one extreme will lead to the other again...just have to be carefull where you tread water if you are short.....avoid tall sharp pointy objects that split twice in 8 weeks....

 

Ag

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much as it pains me to say, we could be setting up for a launch here.

 

daily es chart.

 

green fork is self explanatory. top tine will probably act like a magnet, most likely monday.

 

red fork is drawn from the oct/march lows. last three days couldn't break below one of the tines.

 

black lines are a 50% offset fork from the high at 1553. the one just above us is the mid tine of that fork. it has rejected price twice so far.

 

blue lines are a fork originally drawn by jr12 using the 9/21/01 panic low, the following high and the oct 02 low.

 

bounced off the 50% retrace of the rally from last month's low.

 

first pane of indicators. preferred stoc (basically an 8/3/3) cci14 (a detrend oscillator) and percentR combined. I use this formula to daytrade but in much shorter cycles. it's just a little more up from generating a buy signal. because it's a daily chart, the signal is always late, but once the signal is given, 75% of the time it means we're going up for at least a while (never know how far, just till the next signal). could be that this will be one of the times where it fails, but I never bet against it.

 

second pane. simple stoc overlay. longer term stoc is flatlined near the top, shorter term want to go up and kiss it. the shorter term stoc usually gets what it wants.

 

if we get to 1140 (top of the green fork) and take it out, then 1150 is in play (i'm thinking it already might be). i'm not sure the black tine will hold this time.

 

just above that is the blue fork (which has worked amazingly well) at 1162 or so.

 

above that, air and 1192 is the the next major res point.

 

obviously not based on funnymentals, just what i see on the tape. doesn't have to play out that way, just seems the odds favor it. for now. it could all change on monday. have i weasled enough? :P

post-7-1082151516.png

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My guess is TASR tops next week and crashes spectacularly..

 

Kwave....couple of "circus events" they have coming up are earnings on Tuesday and a split the last week of the month I beleive....

 

Missing stuff like this never bothers me cause I couldn't buy it in the first place....some lucky gunslinger is gonna bag this elephant on the downside....one of the steepest parabolas I've ever seen...

 

all for a product that turns humans into temporary jellyfish.....

 

Ag

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GSS just traded two blocks of 650,000 shares @ $6 a piece for a total of 1,3 million shares! That makes the total of afterhours traded shares 13 million in the last two weeks, or about 10% of the float.

 

tom orbrien said that he thinks these are late reports of trades during the day.

 

good work as always - i like your choices of GSS, GLG and BVN! im long GSS again, been out alot this week - will try to land BVN & GLG at good prices.

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Llama chart!

 

:lol: :lol: :lol:

 

I have never been more in love with a ticker than I am with TASR.

 

I am absolutely head-over-heels smitten.

 

I wake up in the morning and watch the Crapvision ticker from bed, hoping to catch first glipse of m' love.

 

She never dissappoints.

 

I rush later to a computer, to see how she's doing.

 

She's always fine.

 

During the day, I watch her from my private perch.

 

Sometimes I dream she's bathing.

 

Or we're sharing a bottle of wine on the beach at sunset.

 

Or she's sharing first with me the critical breakthrough in time-travel technology their R&D department has achieved.

 

Or she's asking me to overlook her portfolio of warrants on the 12 dimensions we've not yet discovered.

 

Or she's appointing me Viceroy of the Vega System.

 

But it's always her & me.

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