My 2 plays for next week

[BOOOYAHOOO!]

I think these will generate 50%+ gains from my entry targets. If they hit my entry targets this week. They may also base at these targets before running higher so ya might gotsta be patient. They could actually be final bottom calls, which makes them great long term holds besides. :D

IMNR buy at .25 for a rally to .37 minimum.
FLYI buy at .17 for a rally to .26 minimum.

[Bluth Company]

You're making money off of fractional-digit midgets? I looked into penny stocks, since they're alluring for the cash strapped investor; I came to the following conclusions: volatility is high, and liquidity is too low to guarantee safe exit. You could strike it big in penny stocks, but it's far, far too speculative to play safely. Anyone disagree?

[englishman26]

I agree - thanks, but no thanks.

[xboilermaker]

If you're looking for disagreements, you won't find one here. But after reading the boigraphies of the members of this forum, I seem to be about the least "astute" investor here. Maybe that's why these things scare me so. This is just a $40,000 hobby for me, and I get enough excitement betting on mainstream stocks. But then, maybe that is why I am now back to being only 5% up. But good luck to everyone brave enough to enter there.

[englishman26]

It sounds like we're very similar xb!

[BOOOYAHOOO!]

Bluth, I would not suggest these sub 1.00 plays to anyone who does not have an expert feel for technical analysis. Most people who trade stocks only jump in when the price is rallying and that strategy could get you killed with the pennies. Many of them take 20%+ swings in a single trading session. The fact is that properly played penny stocks are the best place to look for long term gains however. It is also a fact that many of the stocks that you may prefer that are now trading above 5.00 are destined to be sub 1.00 stocks someday. There really is no difference between a penny stock and a $50 stock. There is a complete cycle to every stock in every price range. The cycle begins when nobody wants them and says you shouldn't buy them, and it runs to the point where everyone wants in at any price, like many of Jim Cramer's Mad Money plays for instance. :D Your opinion is the general consensus on the penny stocks I would say. I personally like buying negative sentiment and selling positive sentiment. But that's just me. I don't know what you meant when you said you "looked into" penny stocks, but everything you said after that statement is incorrect except that volatility is high. :D But there are plenty of penny stocks that will find a bidder and those are the ones I would stick with. Avoid the ones with the big bid/asked spreads like CAFE for instance. Unless you are good! reeeeeeal good. :D

[jacobnbr1]

i bought zenx.ob when the katrina hit land, i found out who works for fema and who would get $$$. you can see the power in it if you had bought near the base. think about it. i didnt buy until the stock started showing some movement but, when the pr hit you couldnt catch it. now the question i have for myself is will it go higher or will it receed back to the lower level again. it seems to be buiding some preasure here so i wait.
i think there are many penny stocks that will go much higher and some that will go sideways for years, that is where dd and ta comes in. you cannot expect to get results guessing. and i never buy a stock that is being hyped by some type of marketing company. furthermore, you only need to use a portion of you porfolio for these not all.

[eman316]

Booo,
I know you said these could be great long term plays, but do you see them going up short term as well, for those of us that dont want to hold these for too long?
Would the entry points still be the same?

[BOOOYAHOOO!]

When they hit my entry targets you can buy, then take your profit at the first resistance points I mentioned but hold a couple hundred shares. just in case I'm right! :lol: Here are a couple more that are setting up nicely based on this morning's trading. CNLG, buy at .75, first major resistance at 1.15. INFO, buy at .35, first resistance at .45. And one that others brought to my attention here. NEXM, but at .85, first resistance at 1.30.

[BOOOYAHOOO!]

FLYI recieved a delisting notice today. I am now changing my outlook to don't buy until the delist takes place. Fokes usually dump on news like that so I'll wait to see how it settles out. My open buy limit would have been at .17 so no damage done. It may still hold the .17 area but as of right now .18 efinitely needs to go.

[eman316]

BOOO,
Thanks for the update. I am keeping this on my watchlist.
I will wait until you think it is safe to pull the trigger.
Thanks

[englishman26]

So did you sell INMR at .38? Up 11%

Your delisting stock down 11%

Evens for the day. Most of fthe stock market did a lot better. Maybe you could just play Cramer's picks instead. :wink:

[BOOOYAHOOO!]

Lemme see englishman, maybe I'll just go ahead and pay closer attention to what I actually said. So lemme go back and read what I said about both FLYI and IMNR all over again. You might want to do the same cause I doan think I said what you said I said. :wink: And I am playing Cramer's picks. I got me buddy Jacob into AAPl at the tippy top as a short. He's gonna ride it down to 25.00. I personally am short Cramer's energy sector. :D

[englishman26]

You're right - you won't have bought flyi yet. Maybe buy some refco at the same time.

As for AAPL - as my rowing coach used to say: "Assumption is the mother of all f*** ups!"

Good luck!

[BOOOYAHOOO!]

Refco huh? What's the new trading symbol while it's in BK? I do like DPHIQ at .15! :lol: BOOOYAHOOO once said, "Why wait around for an overpriced pig like AAPL to give you a butt whoopin?, buy a penny dawg, take yer 50%+ gain and get out!" Of course you may want to hold onto a small tad since my picks are like gifts that keep on giving! And yes....I will still be there for you to pick you out of the smoking ruins that will be CHK when all is said and done. Keep that crash helmut handy! Cramer was just on CNBC toutin the energy pigs! I hope you know what that means. :D

[jacobnbr1]

update-update-update-update-update-update-update-update-update

i am currently short chk... got a scraping of a deal on short trade and i took it :D i can see me now. wind in my hair, driving my new beemer, booyahoo on my side, riding off to ruth's chris steak house to meet with cramer to give him his cut :lol: :lol: :lol: :lol:

[eman316]

BOO,
We are rapidly approaching .17 on FLYI.
Just wanted to make sure all systems were a go here once we knock out .18.
Thanks

[BOOOYAHOOO!]

I changed my opinion on FLYI and posted about it yesterday. You may want to read all of my commentary if you are planning on following along with me in the future. I should have a new outlook before the day is out though. It definitely would not be a buy today. I am now looking at personally entering one or both of my favorite long term sectors, homeland security and/or gold stocks. My HS play is CNLG at .75-.80, somehwere in there, and my gold play is KRY with a limit buy at .90.

[BOOOYAHOOO!]

FLYI now at .18 and setting a new trend low. It could turn right now and run to .26 but it would be a big gamble to buy it. If it trades lower than .18 without rallying first it will probably be trapped by .18. So my advice is to not buy if it trades to .17, but you can buy here at .18 and hope it rallies. feelin lucky? :D If it does rally from .18 my long term buy entry will be .12. If it goes lower from here I will lower my entry target accordingly. This stuff ain't that hard, ya think? :lol: My CNLG is on the brink of signaling buy as it trades at .95, when the buy signal comes in you will recognize it because it will do one of 2 things. It'll rally through 1.00, that's bad. Or it will selloff to a new low, that's good! Hold on a second BOOOYAHOOO! Why would it be good if it sells off after a buy signal?! That doesn't make sense!......... Thaaaaaaas right! I just told you this stuff ain't easy! Well maybe a little easier than brain surgery. I still gots da scars from that debacle! :lol:

[BOOOYAHOOO!]

Oooops, one more, SGU. I'm still tryin to figure this thing out. It traded to 1.55 which is .05 within my 1.65-1.50 buy range. Yet another move down from the current 1.64 would put it into sell mode. But there is nothing on the chart that says the 1.55 low needs to go. Times like this make me want to avoid. Perhaps the coming salamie in the natgas sector as a whole will make it give a little clearer signal so I'll wait. There's always IVAN when it gets down below 1.10. That one is sending up some clearer smoke signals.

[BOOOYAHOOO!]

Well I'll be a sonova! Looks like there may even be a chance for DHB to revive itself. Just traded to 2.81 and then rallied to 2.90. It is about to signal buy. If it does and sells off to take out the 2.77 low that should be the last selloff. But it all hinges on that buy signal so we'll see if that materializes. The one on CNLG hasn't yet. Still waiting but it is setting up oooooh so nicely.

[BOOOYAHOOO!]

2 more potential gooduns. VTA just went down to retest the 1.61 low and closed at that price, my target entry was 1.85 so at 1.61 it is on the edge of heading lower, but there is nothing on the chart that says it has to, first major resistance at 2.65, I also like IIG and the way it held up on bad news yesterday, in premarket trading yesterday the low was 2.41 so some folks were panicing into the news, but it held up just great in regular hours trading, I think it will test the premarket low, my entry price is 2.40 with a possible run down maybe 10% lower than that, first resistance is a gap of resistance from 3.45-3.60.

[englishman26]

Your prices on IIG seem wrong. Are we looking at the same stock?? IIG at 3.40 now.

[BOOOYAHOOO!]

IIG actually traded to the bottom of the resistance gap I mentioned. Pretty neat how the support/resistance areas act as magnets isn't it? That's why it is so important to know exactly where the major areas are. The sad truth is that very few people actually have a clue about where actual support/resistance areas are for the stocks they are trading. It is one of the most important keys to being a great trader/investor. And yes, I did say 2.40. You aren't saying that you don't think it'll get there, are you? Going against one of my bottom calls can be more hazardous than trading without knowing where support/resistance is! :wink:

[eman316]

BOO,
At 1.60 is VTA a buy right now?

[BOOOYAHOOO!]

I'd buy the rally instead of trying to guage the bottom. I will say that if it breaks belwo 1.55 it will need more work to the downside on a long term basis. I'm wreckin it will rally to 2.65 no matter what happens though. Just avoid if it breaks below 1.55 axed.

[jacobnbr1]

looks like this one needs work too. 8O

[2 Worldz]

1.49$ and counting down. Let's get in on this one :o

What do you think BOO.

Thanks for your opinion on CAT

[BOOOYAHOOO!]

I think we will see the bounce from 50% below the major resistance area which would be 1.25-1.30, let's see. Tough bidness to be in I guess, insurance! :lol:

[BOOOYAHOOO!]

OK, looks like final destination for FLYI will be .11, but you'll probably get it at .10. There is the possibility of a rally to .26 if you wish to play. I personally only buy long term bottoms. Too noivous for that tradin crap. :D

[Damon]

Jeebus! It was just at .26 a second ago. Back down to .19 currently.

[BOOOYAHOOO!]

Gotta watch em like a HAWK Damon. BTW, if that was you that axed about HAWK last week it is about to finish doing what I said it would do. 13.50 is almost upon you. You decide watcha gonna do! 8O

[BOOOYAHOOO!]

DHB now trading right near the 2.77 low. If it can hold that low for about 15 minutes it has a shot at signaling buy. We can then buy the last selloff. If it breaks the low before the buy signal comes it I would say it has a date with sub 2.00! I never would have thunk this dawg would go that low. But I never argue with da chawts either.

[Damon]

Thanks for the reminder. Sometimes it can be hard to part with a big winner that has run up better than 65% in only 5 months (and lousy months at that). Oh well, guess I gots me sum thinkin' to do.

[jacobnbr1]

DHB now trading right near the 2.77 low. If it can hold that low for about 15 minutes it has a shot at signaling buy. We can then buy the last selloff. If it breaks the low before the buy signal comes it I would say it has a date with sub 2.00! I never would have thunk this dawg would go that low. But I never argue with da chawts either.
how does one signal a buy when it doesnt move?

[BOOOYAHOOO!]

Ahhhhh, ancient Chinese secret! I bet you'd really like ta know now wouldn't ya? How did I know that CHK would trade off the 33.93 high to sub 33.45? How did I know that NVAX would be a great short once it took out the 5.88 high? All very interesting questions. All very simple answers once you understand what it took me 4 years to figure out. I guess I can just give it away. But......naaaaaaaaaah. :lol:

[2 Worldz]

VTA coming close to 1.30 target.

Buy it for 50% gain. Sell @ 2.60

What's up with this one BOO? 8)

[jacobnbr1]

so dhb and flyi have both done the same thing now. these are bottoms. looks weird down here. any body got a flash light?

[BOOOYAHOOO!]

It hit the skids! That's what's up! :lol: I'm not sure if it will make it to 2.60 now. It might make it to 1.60 or 1.80 though. That's not bad off of say a 1.25 entry. If itwasn't such a low volume dawg I might even play it meself. But i prefer buying long term plays. Sofor today I am still waiting on DHB, CNLG, or KRY. .80 on CNLG, .90 on KRY, no clue on DHB yet. :D

[jacobnbr1]

so dhb and flyi have both done the same thing now. these are bottoms. looks weird down here. any body got a flash light?

will these things flat line for how long to signal a buy? 5 minutes. its been longer. no one watching huh..

[BOOOYAHOOO!]

I'm not watchin FLYI at all really since it's still 50% above my entry target. Yesterday I said CNLG was about to signal buy but as of today it still hasn't. DHB has actually moved farther away from signaling buy. I'm thinking they will all go down when the general market goes down but who knows? Ya just gotsta be patient. Everybody is in such a hurry to catch the next flyer. What's the big rush to get rich quickly? The last trade I made was CAFE about 2 weeks ago. It gets boring sometimes but ya just gotsta find something else to do! right now I am knitting some socks for my friends cat. And if DHB or CNLG don't signal buy before I'm finished I'm thinking about changing out the transmission on my truck! Right over yonder at the kitchen table so's I can stay close to da puter! :D

[jacobnbr1]

thats right.. you said one more sell off..

[jacobnbr1]

manoman. there is a lot of big blocks going into flyi 30 and 40k sized blocks and the price ainta budging...

[eman316]

BOOO,
I wasnt around yesterday to get into VTA around 1.30
At 1.50, is it sitll a buy or did I miss the ship?

[BOOOYAHOOO!]

VTA never traded to 1.30. Right now it is in the sell mode so I'd avoid until the next buy signal comes in. We'll see what happens then. But VTA now has the looks of a stock that may go alot lower than expected. We'll just be there when the carnage is done and leave the short term swings to the traders.

[BOOOYAHOOO!]

CNLG refusing to signal buy, and even if it does it is deeply oversold at .96 and it would more than likely rally to 1.15. That's not enough of a gain for my personal taste. So I am switchin my concentration to DHB which is also a homeland security play. It is inching ever so near a buy signal. If it sells off it would be positive and I will hope for a quick selloff to below 2.00. Targeting the 1.85-1.90 area for entry. Both could rally on buy signals which would be negative. I won't chase even though DHB might run a looooong way. Please don't axe about the other dawgs I am following. I will post about em when the time comes. :D

[BOOOYAHOOO!]

SGU now signaling buy as it trades at 1.60. We need to see it selloff. The safe way to buy is to set a limit above the market as it moves down. Not a buy stop limit, a buy limit at a price a few cents above the axed near the low for the selloff. I bet it holds 1.50 but it could trade as low as 1.45. A move below 1.40 axed and it becomes an avoid, but I doubt it gets that low. Let's see. First major resistance is a gap from 2.35 to 2.65 so let's hope it doesn't rally instead of sell off on this buy signal. That would frost my a$$!!! :lol:

[BOOOYAHOOO!]

Pretty neat the way the beaten downs seem to be holding their own while everything around them tumbles isn't it? Yet another reason why I like the dawgs so much. You always have time to think before ya panic! :lol:

[BOOOYAHOOO!]

At 1.53 SGU still has a bitmo wiggle room to the downside so I'm shooting for 1.40-1.45. If you's long you know ya doesn't wannit! Now come ta papa! :roll:

[BOOOYAHOOO!]

Oooops! I said to use a limit buy and not a stop limit buy above the market for SGU, I meant just the opposite! :oops: If you miss the turn because you get your order in late you can then use a limit on the pullback off the low. Sorry!

[BOOOYAHOOO!]

No luck today on SGU. I didn't want to buy with a little more room left for a selloff because sometimes a little more room turns into alot more room. We can always catch the rally.

[BOOOYAHOOO!]

Lookin at the way the chart closed on SGU if I had to guess I would say it will break below 1.40. Once again da chawts may have kept me outta trouble. If SGU is in fact sitting on a ledge at the 1.50 low end of my buy range, just a little shove could send it free-falling. I'd have to look at a break of 1.10 as a great swing trade entry point. 1.17 is 50% below the last major support area. Very rarely does a stock not get a bounce from that kind of technically oversold condition. One thing good about these steep market selloffs. They give me a chance to lower entry targets on alot of stocks. Already lowering my entry target on CRAY from .80ish to .70ish based on what happened to it today. It just rallied from .87 to 1.38 so I bet lots of people thought it was a goodun. Lots of people will be proven wrong!

[BOOOYAHOOO!]

The 1.42 opening low on SGU did not signal that a lower low was due. Now at 1.50/1.56, last trade at 1.51. I'll buy the breakout only.

[Affirmed]

The 1.42 opening low on SGU did not signal that a lower low was due. Now at 1.50/1.56, last trade at 1.51. I'll buy the breakout only.

So where should I look to get in?

[BOOOYAHOOO!]

I'd wait until the bid gets above the morning high which is 1.54. Right now it is basing and it might still turn lower. You can also wait for the first rally to run its course and buy the first pullback. I think the first rally will run to about 1.65-1.70. It's still not out of the woods though. That's why i said buy the breakout only. It could just as easily fail right here. I think we will see another round of general market selling which might bring everything down.

[FLCuravoTar09]

What are your feelings on MCHM? It is trading down $0.01 today at $0.04. The chart shows it between $0.04 and $0.05 for the past several weeks. I'm looking to make a quick 25% gain on a jump to $0.05.

[BOOOYAHOOO!]

I once thought MCHM was gonna be a big winner until that news pretty much eliminated it as a prospect. As of right now it still needs to take out .03 but once that happens it'll be time to start watching it.

[BOOOYAHOOO!]

Looks like some good gold plays setting up which may be a sign of a coming wave of fear in the markets. I like the way KRY is setting up the best. getting ready to signal buy in here as it trades at 1.34. I'll buy the selloff to below .95, my target entry is .90. I also like HL which is more silver than gold. It isn't set up as well just yet. My target entry is currently 2.50 but hopefully I'll have to adjust it lower. SGU still hangin in there. Waiting to see if the low holds this sloooooow move down.

[jacobnbr1]

they a testing the waters on kry? i will have a looksie on him. maybe even secure a position there :)

[BOOOYAHOOO!]

Oh yeah, they be makin the longs KRY! The OBV was up at +4 million a few short days ago when the golds were runnin like a scalded dawg. Now fokes is havin second thoughts and the OBV is down to -300 on the 10 day chawt. They break this thang below yesterday's low of 1.25 and I think you'll see em scramblin for cover like a goldbug in da kitchen after sumbody just turned on da lights! :D

[BOOOYAHOOO!]

SGU still hasn't moved back into sell mode as it trades at 1.44/1.46, maybe oh maybe just maybe this dawg has got a shot! Just waiting for the volume to pick up to the upside now. C'mon babeee, don't move any lower from here.

[BOOOYAHOOO!]

Rut roh! I bet that move to 1.41 will put SGU back into the sell mode but I won't know for a few minutes. Not good though. Now I'm back into the "buy the salamie" for a quick daytrade mindset. Target would be a break of 1.10. I'll repost if it stayed outta trouble but I seriously doubt it.

[jacobnbr1]

i cant get my charts to hone in that fine to diplay that data. i still show obv at +4 on the 10 day but on the 5 day i get -3..

[eman316]

Up to 1.43.
Did it show sell, or should we get on the bandwagon?

[BOOOYAHOOO!]

I'm using the charts at PCQuote.com and Bigcharts.com as a backup. Looks like DHB may be getting ready to run right here. maybe that move to 2.76 was all it needed. PCQ charts are really screwey on that one so I think I'm gonna avoid until the first rally. No major resistance until 6.75! That's alotta cha ching! 8O

[BOOOYAHOOO!]

SGU did slip into sell mode so I would not chase the current rally off of the 1.40 low. Now at 1.48.

[BOOOYAHOOO!]

While waiting for KRY, SGU, and CNLG to play their hands, here's one that is doing everything exactly right to signal that final bottom was put in this past week at .50, TRPH. It could very well be a runner early this coming week. Resistance areas: .77 is the first major resistance so if it can get through there and hold on a retest it could run real big. Resistance areas above .77: .82-.85, .92-.95, 1.15, 1.20-1.50 gap and also a resistance area at 1.30 and 1.40 within the gap, 1.90, 2.0-2.10, 2.50. It's basically been basing in the .60-.80 area since June. This last wave of selling could indeed be the exhaustion selling that is typical of a stock about to stage a reversal.

[BOOOYAHOOO!]

Ahhhh, PRGX. The stock that everyone is trying to guess where bottom is just cause it is sooooo beaten down that "it's gotta turn sometime!" :lol: I'm startin to take a shine to this dawg. In fact, it is just a hair away from signaling buy. If it does and sells off it's positive. Now trading at .89, but if it starts heading lower you know what's gonna happen. "oh crap, I was wrong again! sell everything Gladys!" LOL Target entry is at .47-.53. It might get there in a hurry if fokes start a dumpin. Of course it could rally off the buy signal which means sell at .95-1.00. let's see.

[BOOOYAHOOO!]

Hmmm, that move on TRPH to .48 is just too close to call whether or not it will be taken out with a lower low so I'm changing my strategery. Wait until it rallies through .55 bid and then set an open limit at .53 if it trades to at least 60 bid on the rally. That looks like the safe way to play it since I am not trying to bottom fish this play like I am with KRY or CNLG, or PRGX for that matter. KRY and PRGX have much more negative OBV's. CNLG and TRPH may need another round of panic selling. Trying to put myself in a position where I don't have to wait a week or more for the gains. Gonna be tough in a market that is about to hit the skids so be careful out there.

[BOOOYAHOOO!]

SGU just broke below 1.40, whatever low gets put in will probably not be the long term low. But I will play a bounce from my previously mentioned target of sub 1.10 on a panic sell. That trade should net 25%+ if it happens. Let's see.

[jacobnbr1]

playing the market is like a big pyramid scheme.. everyone makes good till on guy says "screw you i ant paying" and that stops everyone,and then dominos start falling.

[BOOOYAHOOO!]

Got a much better picture on TRPH at the close. The .48 low may be retested but I doubt it will be breached by more than a penny or 2. Looks like a few days of waiting on this one. Methinks it will indeed rally through .58 now and then come back below.52 to retest the low. That will be the pullback to buy. Maybe we will get that collapse in PRGX tomorrow to take it down to me .50ish entry tawget. IMNR to .25ish and INFO to .35ish are 2 more I mentioned that are now getting closer too.

[BOOOYAHOOO!]

TRPH trying to trick me! It is falling to confirm the .52 price low with a lower low. I think it will be a buy on this pullback once it breaks below .52. It must hold .48 axed I'm wreckin. The safe way to buy is through .52 bid with a buy limit at .52. I also like IPIX now on a selloff to 1.75 with a low entry range of 1.50. SGU could do the dive today which makes it a possible buy too.

[BOOOYAHOOO!]

Adding WGAT to the getting ready to run list. Got hit pretty hard yesterday but if it can deccelerate the selling here today in the 1.70's it can then inch its way into my buy zone range twixt 1.65 and 1.50. First major resistance at 2.35. I also like SQNM with a target entry range from .55 to .50. First major resistance at .82 centavos.

[jacobnbr1]

i rode world gate last year during the big voip convention. i made a good profit but didnt think this would be a long term play???? i dont voip will do much in the future but i could be wrong. did worldgate do a third offering last year? at the time i dumped it was rummor to have a third in the works.

[BOOOYAHOOO!]

Beats me Jacob, half the time I have no idea what a company even does when I buy it. Earnings don't matter. Product pipelines don't matter. To me it doesn't even matter what the company does in most cases, although sometimes I decide to give it an actual looksee. It's all about da chawts! :wink: That dawg PRGX that I am considering, I have no clue what that company does, only that I think the stock will jump from .50ish to at least .75. That's good enough for me! :lol:

[BOOOYAHOOO!]

TRPH now confirming the .52 price low. It needs to hold .48 axed. Buy though .52 bid. First resistance at .77.

[BOOOYAHOOO!]

Well, I am obviously canceling me buy on TRPH. Looks like a new trend low about to come in. Gotsta luv how da chawts can keep yer butt outta da sling! :D

[BOOOYAHOOO!]

Nice! I get to lower me target entry on WGAT too. I'll wait for it to settle out but it looks like 1.10-1.15, sumthin like that. I wonder if rising crude prices are going to put a short term damper on this Naz run. If so I think SGU may be the way to go. Now approaching my sub 1.10 entry target sloooooowly. I like that! :D

[eman316]

Hey BOOO,
Are we approaching a buy on IMNR. VERY close to crashing below .30

[BOOOYAHOOO!]

Hang tight on IMNR because it won't be a buy today. It may actually force me to lower my buy target since it is deepely into sell mode and the trend line is rising to yet another lower trend bottom. I realize it's tough to be patient but hey! Ya gotta do it! :lol: It allso appears that SGU now has to rally off of 1.20 or it's a no go. And I did lower my entry target on TWTI if those who are interested are reading this. Looks like sub 2.10 for sure on TWTI now.

[BOOOYAHOOO!]

That move to 1.25 gave SGU some wiggle room, now at 1.16, da plan to buy the break of 1.10 still be in tact! Just get there slowly SGU.

[chazutx]

I might get in on some SGU as well Boo. Do you see a buy either late today or early tomorrow in the cards? I'm thinking it has to bounce back soon according to a few indicators.

Hey Booya do you ever use the MACD indicator?

[BOOOYAHOOO!]

I dunno chaz, it's still a bit scary. We have a rising ADX trend line now plus the OBV is only down at -200. That's where the OBV was on TRPH and look how it went and forced me to lower my entry target. Now the OBV should get down there on TRPH though! :lol: If there was alot more selling in SGU as measured by a much more negative OBV I'd be alot more interested. I think I'm gonna leave it alone on a hunch personally. There are lots of stocks getting smashed like PRGX and maybe TAGS if it breaks below 1.00. I may as well just stick with something that is nearing an entry target I have set as the OBV is saying that people want out! Does that make sense to you? I didn't think so. :D WOW! Look at DHB breakin out agian! Go ahead and check the stair step pattern on that dawg. If every stock that was due for a rise did it in an orderly fashion like DHB has been doing it the past 3 days we wouldn't need to see crap lose 70% of its value like we will soon see. Check it out!

[BOOOYAHOOO!]

Updates: I don't think the 1.05 low on SGU will be it even though there is nothing on the chart that says it has to go lower, just a hunch. Looks like my intuition to buy below 1.10 worked out for a nice trade though, I don't bet big and a move to 1.25 from 1.05 wouldn't have been worth it for me personally and that's why I stepped away. Good luck to anyone who stepped up because it could just as well run to 1.70 minimum. It looks like my target on IMNR will need to be lowered but it is too early to tell. I never mentioned new entry targets for SGI or TWTI, here they are. SGI .28, TWTI 2.10, both those prices are the earliest I would enter but I'd hope to get em slightly lower, not more than 10% lower though or I'd wait. :D I'm still liking TAGS if it makes it into the .50's, PRGX if it makes it into the .50's, make it low .50's on each :D I have a new entry target on TRPH at .28ish too. That's it! I'm stayin busy today with my other hobby while I wait to knock em dead with a great buy! :lol: Stay safe! Oh yeah, the earliest I would add to DHB would be at 3.75. I actually cut it a little tighter through 4.00 so now the position is 30% of the original stake. Hold the rest until 5.00 and we'll make a decision then.

[BOOOYAHOOO!]

Ooops! Didn't mean to scare any TAGS longs who may still be holding.My entry target for it is actually .65ish, sorry! :oops:

[BOOOYAHOOO!]

News looks good for DHB after hour. Let's see if I was wrong, maybe earnings really do matter! :lol: Of course it would make more sense that earnings would matter if this was the actual final bottom for this dawg. I don't think they would matter that much if it was at the 52 week high though. :D

[BOOOYAHOOO!]

Looks like real good news for SGU. I interpret it as good news anyway. :D My instincts about buy targets was spot on it appears. My mistake, and the thing that skeeered me was the fact that the OBV didn't get very negative waaaay down there at the low. But perhaps fokes just didn't want to sell any longer. I'll learn from this mistake if that proves to be the case. Especially if it can get through 1.70. A move to the $2.35-2.50 gap resistance is one hell of a trade off that low. Let's see if this is a headfake or if all me pawts is still woikin purty good. :D

[alchemist?]

First of all, Whats up all. I've been watching the forums for a couple days now and had to register just to give props to Booyah on SGU. I wish I had the funds yesterday to jump in at 1.05ish. As of now its a 1.78. That is a sick return. Props.

[eman316]

BOOO,
At 1.76 now, is this a buy right now, since it broke 1.70, or hold off?

[BOOOYAHOOO!]

Your only chance now is to buy a pullback to 1.70 off of whatever this high is gonna be. If you chase the rally you will officially be dubbed a frenzy trader by me. I love frenzy traders when I am in a stock. I hate em because they ruin da mawkets. :lol:

[eman316]

My main concern was do you see this dropping below 1.70 now, or is there some support to keep it above?

[BOOOYAHOOO!]

Now it is back approaching 1.70, if that doesn't hold don't buy until it gets hit hard the first time. Buy that selloff or buy the rally off 1.70. Maaaaan, this crap is eeeeeeasy! :lol:

[BOOOYAHOOO!]

I say 1.50 limit now that it is selling off, let's see.

[Luc1Grunt]

I agree with Bluth.....penny stocks good for short and those ltd with funds.....comissions eat you alive unless you 10% or better. This forum is becoming the penny stock of the day show....I don't mind, they give good options on making money...and add information to the technical analysis side of the house. BOO and TCG, thanks for the input and sharing of experiences. Luc

[jacobnbr1]

mr gekko: did you lower the tawget on clng from 90? seems i missed this trade to .88 somwhere. what the low down here?

[BOOOYAHOOO!]

SGU back up to 1.70 off the 1.61 low. Do or die here, either it gets through and rallies or I avoid. My target on CNLG is still .75.80ish Jacob. and Luc1 is correct. Unless you are going to shoot for the 50%+ers don't daytrade the penny stocks. You will most certainly lose over time. Unless you're a freakin genius! If you are and can prove it please post yer e-addy! That's all I gos ta say fo the rest of da mownin till I gots mo time. Top o da mownin to ya! Stay safe! :D

[BOOOYAHOOO!]

WOW! Look at IES falling! The lower it goes, the lower it's gotta go. Looks like da chawts kept me outta one of my othr near favs too, VTA. Now I like it even more! :lol:

[englishman26]

Scottrade only charge 1/2% commission on <$1 stock - so the commission isn't going to kill unless you make less than 1%!? I don't think I'd be looking for a 1% gain in a penny stock!

(not that I've ever traded a penny stock!)
(Might buy a million shares of HCCF if Scottrade will let me! :wink: )

[BOOOYAHOOO!]

SGU falling as I thought it might rom the 1.70 ceiling. Looks like the type of selloff to buy. I'll be concentrating on 1.50-1.40. Buy the rally from the low if it is in there somewhere. Otherwise gamble on a collapse to 1.20-1.30 with an open limit. That's how me'd do it. :D

[BOOOYAHOOO!]

IMNR hangin in there and now getting ready to signal buy. If it does and sells off I'll be watching that .22-.25 area. Now at .27 bid .28 axed. Wait fo da beep! :D

[jacobnbr1]

ok mr gekko. i will help move this bad boy. hows 10k at .24sh. should i do a limit or are we testing the area first?

[jacobnbr1]

ok mr gekko. i will help move this bad boy. hows 10k at .24sh. should i do a limit or are we testing the area first?

i dont see how you can determine a buy signal on the dma indicator. on the 10 day is a scratchy view?

[BOOOYAHOOO!]

Limit at .22 first, then we'll see if we're testing. I wouldn't bet $2400 though. The idea is to get to $2400 by investing $1000 or less. Sounds like you're a big spender so maybe start with 5K at .22 :lol: You can add on the rally through .25, I think it will be da pivot point fo da launch when it down ova yonder. You don't doubt it'll get down there like some of these other fokes doubt me tawgets on most of me dawgs will ever get hit, do ya jacob? :D

[Prodigy]

Sup BOOYAA... IES ready to buy??

[jacobnbr1]

Limit at .22 first, then we'll see if we're testing. I wouldn't bet $2400 though. The idea is to get to $2400 by investing $1000 or less. Sounds like you're a big spender so maybe start with 5K at .22 :lol: You can add on the rally through .25, I think it will be da pivot point fo da launch when it down ova yonder. You don't doubt it'll get down there like some of these other fokes doubt me tawgets on most of me dawgs will ever get hit, do ya jacob? :D

nope. i was just wanting to follow the buy signal and see it for meself.remember bruce need some light shed on things.

[BOOOYAHOOO!]

Ok bruce. But who's jacob? And do you mind if I call you jacob, bruce? :D

[BOOOYAHOOO!]

Looka the way SGU is doing what I said to do. I have my dawgs well trained. When this little pup came to me it was being kicked about by its previous owner. All SGU needed was some luv! Look how good it does tricks now that he's my little doggie. Jist lemme find da clown that kicked da crap outta this dawg! If ya's lisnin ya had best just stay away! Nobody kicks my doggies! :D

[eman316]

Boo,
If it rallies off 1.50, are we then in buy mode?

[BOOOYAHOOO!]

Eman, the 1.78 morning high will be taken out. We just have to figure out where the next rally comes from, that's all. It's in the buy mode but it can easily swith to the sell mode. The important thing is that it let us know that 1.78 must go. :D I'm excited! Aren't you?!!!......Eman?........yo..Eman.......EMAN!!!! Jesssh, sumbody wake the guy up! :D

[eman316]

I AM EXCITED BOOOOOO!!!!
Sorry for caps, but I wanted to make sure you heard me!

I anxiously await the buy sign to make some money off this dawg!!!!!

[BOOOYAHOOO!]

Jacob, look at the way DHB and SGU are now setup. you can see both on the 10 day chart. Both of these dawgs finished in the exact same setup. The scenario is that each will take out this week's high at sometime in da future. The highs are 4.01 for DHB, 1.78 for SGU. Both closed in a position where they can rally right from the open on Mon. Both could also signal sell on Mon. In fact, if they don't move up strongly on the open they probably will signal sell. That's what I hope happens. Then you will have to watch what happens immediately after da signal. Will either of these be a buy assuming they don't just take off from the getgo? Watch em carefully, then you decide. If you get it right you will almost be ready to face the cruel world! But bring back coffee and donuts if you return. :D Use the charts at bigcharts, the PCQ site has both these dawgs showing strong uptrends. I think the charts at PCQ may actally be valid. Both of these may have been so oversold that there was nothing but buyers when they hit the 52 week lows. PCQ charts will probably start giving clearer signals after these moves play out. Here's my call on DHB. I think it will rally early and the rally will fail at 5.00. It'll then retrace to 2.65ish. IF it gets to 5.00 I'll reassess. But I would definitely be down to holding no more than 25% of my original position if it got there. I don't quite have SGU figured out yet but I think it will trade slowly lower on the open. Then I hope it trades quickly lower into da close on Mon. I'd buy that! maybe! :D

[BOOOYAHOOO!]

I'm going to have alot less time to post commentary during trading hours so I'll try and post some good plays to watch for the following week each weekend and in the evenings. I regretfully had to take a "real" job because I couldn't turn down an opportunity that was given to me this past week and finalized yesterday, especially since it is doing the same thing I am already doing with my other hobby and has room to grow. Plus they's payin me purty good too! :lol: So obviously it is best that I allocate more of my time to it and less to posting at stock market chat boards during the week. Da boss already knows I'm gonna be tradin stocks during working hours at the office, I just won't have as much time to tawk about it.

[BOOOYAHOOO!]

These are setting up to be me favorite new entry plays for this coming week. By new entries I mean they have yet to hit final long term bottom but could possibly do so this coming week.

Target Entry-----------First resistance
PRGX .48-.53-------------.76-.95 gap
NENG .87-.80--------------1.25
SWKS 3.50-----------------5.20-5.09 gap
ALAN .40-.45-----------------.65
TRPH .27-.29----------------.42-.45 gap
CURE .39-.42---------------.60-.62 gap
NTOP .95-1.00-------------1.45-1.50 gap
VERT .29-.32-----------------.47/.48
CNLG .74-.80-----------------1.15
IMNR .23-.26-------------------.37
IIP .25-.28----------------------.40
IPIX 1.60-1.75--------------2.50-2.60 gap

[BOOOYAHOOO!]

Nothing really came all that close of my new list, but I do like the way PRGX continues to move towards my target. Hopefully I'll be able to snag one of these dawgs befo da week is out. I thunk TAGS was gonna do the dipsy doodle when I saw it trading below 1.00. A pretty strong market overall held alot of crap up today though. And of course the crappiest of crap which is the stuff that is the most overpriced just got crappier because it rallied strongly. VPHM?!! Are you kiddin me?!! :lol: SGU moved off of 1.40 and I think it was a good long term play from there for sure, but I would sell any strong rally from here. DHB which I thunk was gonna run actually pulled back and made a lower trend low than the one on Fri. That's usually a bad sign, but I wouldn't panic out as a long term player. I'd add on weakness or I would lighten up on the next rally. Just like Cramer does it, except he would just be starting to buy when I had already tripled my $$$ :lol:

[BOOOYAHOOO!]

IMNR actually hit the top end of my buy zone. The only negative I see is the fact that the OBV is still too high. I'm not sure if entry day will be tomorrow or the next day. Or maybe it will just blow right through my buy target and I won't have to make a decision! 8O

[BOOOYAHOOO!]

I was hoping there was a tad more slooooooooow sellin in IMNR today because it was the one on me list that looked like it would gimme sumthin ta play with this week. :D I'm still thinking something ain't right because of the OBV holding up so well. Also slipped into sell mode again. So I'll keep trackin it. I got a couple good new ones to watch which I'll mention in a bit but lemme get to these dawgs on me list to see how they look. I'll even do em one at a time as I'm a settin here just ta show ya how eeeeeasy this crap is. :D

PRGX ---I still like this one and it may move to the top of my prospect list if it sells off after this sell signal that will probably come in tomorrow.

NENG --- Moved further away from me target. Come back baby! Don't be shy cause da BOOYA man ainna gonna hurtcha!


SWKS ---Hmmm. this stock tryin ta trick me!


ALAN ---Nope


TRPH ---Nice! One more collapse and you might just see things my way! I'll move you to the top o da watch list with PRGX.


CURE---Can you wait till next week for a cure? It's only bird flu, you should be fine.


NTOP---That's true, there is NoTOP. But you can't really call dat a bottom either. Now can ya?


VERT---Nope


CNLG---Where you goin, smack dab into resistance at 1.15?!! Pretty cool how the support/resistance areas truly act as magnets. Of course it doesn't help none if ya doesn't know where support and resistance is in da first place. :D


IIP---Just show me da signal and you'll be up there with PRGX, TRPH, and IMNR.


IPIX...This one will probably be the one that collapses through my entry target I'd actually love to see all 3 homeland security stocks on this list (ALAN, IPIX, CNLG) collapse.

Consensus says to watch PRGX, IMNR, TRPH, and IIP if they approach me targets. A good rule of thumb is to avoid if the axed price gets 10% or more below the target entry range.


I'm still trackin some others that I see lots of interest in. Here are some of interest. TWTI--I'm still shooting for my lowered target I mentioned in a post right cheeeya. That's 2.10 or possibly a break of 2.00 that holds 1.90 axed. IES needs to see .45ish. Look at the extreme negative OBV. If this one were to get crushed tomorrow to just above my target and then work down slowly from there I'd have to jump in I imagine. DHB and SGU will more than likely take out last week's highs before they move much lower. And I think SGU will probably rally sooner than later. SGU now into the gap from the recent rally. I said it might be difficult to guess how far back it would need to retrace. I would say that an opening gapdown move to say 1.20 would be a very good bet. So keep a limit open on the open to see if you get it, if yawnto. DHB back into the selll mode so we need to wait for the next signal. Still to early to look at FLYI. That's it! Have fun! :D

[BOOOYAHOOO!]

WOW! Stuff sure looks cheaper tonight! :D I had to lower me targets on a few including IES which now goes from .45ish to .30ish based on a new lower trend low today. I also had to lower my target on PRGX. That's bad news cause I have it entered in this week's Stock Picker challenge at Einvesting.com. My new target is .40ish based on a new trend low there. I think the market will still turn down so some of the selloffs in stocks where all hope is lost could possibly make some strong moves to the downside. Even decent crap like SGU, DHB, and WPTE are seeing signs of people who want out. I dunno why! Da mawket has been goin up, hasn't it? At least the most crappiest of crap like WFMI, HANS, AMR, keep going up. What da heck is wrong with GOOG?!! :lol: I'm steppin aside unless I get a bahhhhgin! And I still like the dawgs on me list. The ones with lowered buy targets I like even more! 8O

[englishman26]

PRGX does look scary. I mean - the charts make it look like it's going to be worth 0.00 soon!

IES is confusing me.

Hey dude - it's so quiet in here without you. I think you should quit your job! :wink:

[BOOOYAHOOO!]

GOOG is scary, I hope for the sake of anyone who bought from 380 and up that GOOG holds 370.00. THAT would be scary if it didn't. :D Waiting for a dawg ta hit yer buy target ainna scary, that's excitin! Unless you bought in too early of course. Poor IES is gotta be making da longs reeeeal noivous by now. My suggestion to anyone who bought when it was first brought to the attention on this board is to sell the next rally, even if you lose 10-15% Waiting for it or PRGX to hit me tawget ain't scary though. I'm all warm an comfy! :D Your suggestion to quit my new job is definitely noted. If I stayed where I was at in the first place I would have made more money simply because I had my hand in all of the bidness done so far this week. :D Luckily for me I'm in no hurry to get rich. Especially if I can just sit back in my warm an comfy while I gets there. :wink: I made a mistake in my last post about IES, my new target is actually .34-.38, somehting like that. If it opens lower than .55 my target will have to be lowered again. A quick rally from the current oversold condition might get it to and possibly through next resistance at .67 to .87. There's actually a gap all the way from 1.40 down to .67 but it got there in 2 stages over 2 days. I think a run to even .80 would be pushing it from here. But you never know. :?

[englishman26]

Indeed - Google is scary!

I find getting these buy in targets on these dawg stocks very difficult and so don't have your warm fuzzy feeling about it. I tend just keep lowering my limit order as it goes down - then it pops up unexpectedly and leaves me behind! I feel like that might happen if I set a target for 0.35 on the IES (which I did infact do a couple of hours ago). IES could end up at 0.10 though!!

[BOOOYAHOOO!]

That's right Englishman, setting a limit buy could get you hurt real badly. I already mentioned several stocks that came within 10% of my targets and then gapped right through. Basically the clue to look for is a slow down in the selling as the target gets hit so there is no need to gamble with a limit buy until the target area is hit. The best way to do it is to wait for the first signs of an up trend off the confirmed low because a stock can hit bottom and just sit for up to months! I don't mind waiting in many cases though cause I'm reeeeeal patient. I look for the type of setup I am now seeing in INSM, basically I was convinced it was going to gap through my buy zone just yesterday. Now today it is putting up a battle just above my entry zone from .25-.22. The only thing I want to see now is a little more selling down to me entry target. Not ALOT more selling through my entry target. :wink: Do you find it interesting how stocks I mention seem to hold up or fail near the price points I mention in many cases? Is there a method to my madness? Mmmmmmmaybe! :lol:

[BOOOYAHOOO!]

Looks like my targets on some of me favo rite dawgs is gonna have to be lowered yet again! IES now goes to a break of .30. I'm not even going to put a price target on it yet since I'm not sure it is even done putting in lower trend lows as of right now. I said to look out for fast selling because it means everyone wants out. Today you saw nothing but sellers and yuns guys are all tryin to pick a point where you can begin your journey to a 50% loss. FINE! Do it your way! :D I have narrowed my choices down to IMNR, PRGX, and TRPH based on today's action. PRGX is in a situation where it can easily blow out my entry target since my entry target of .36-.40 was hit today. So in order for it to save itself it has to show a little bit of buying interest in here in the next trading day or so. Are the markets closed tomorrow? Also, SGU is back in a position where it is time to start paying atttention methinks. I'm guessing a break of 1.00 is coming but not by much. And DHB signaled buy today and started selling off from the high 3.60's. If it can work its way below 3.20 without gappin or crappin I think it may see the rally. I'd rather see it trade back to a new 52 week low first so that's what I hope isa gonna happen. I also pulled my buy order to buy more HCCF today. I did have the order open but it wasn't filled. I think it may go lower than .0005 so I'm gonna just let da lines on da chawt settle out foist. :D Stay safe, the indicies were up today, yet at a stock game I am playing I have 32 positions short and my portfolio actually finished up $3K today! That means either I am damn good, or the internals of the market weren't as good as the rise in the indicies would lead you to believe. Which do yuns guys think it is?

Other goodies from the past that are now trying to do it da BOOYAA way, WPTE. Somebody here kept axin me whether to chase it when it didn't hit my 5.50-6.15 target and ran like a scalded dog instead. I said to wait. Let's see if we get our chance within my target range or if I have to lower it again. I also mentioned COI when it was trading in the 4.75 range a few weeks back. It experienced a round of selling down to the 4.18 low but left no signal that it needs to move lower. Since then it has been choppy. It did confirm the last pprice low that needed to get taken out at 4.65. The low this morning confirmed it. Looks like it wants to run and first major resistance is 6.60-7.00 gap. Ideally another pullback into the 4.60's would be great. But I wouldn't buy a break of 4.60 axed. This is a very dangerous stock that will move up and down quickly with a very wide bid/axed spread. Most traders should avoid this stock.

[englishman26]

Well I'm still trying to understand this type of game and IES seems like a particularly difficult one to deal with. Sort of wish I hadn't gotten in! Oh well! We'll see what happens now!

I have an order open for HCCF but I somehow doubt it'll ever get filled!

I was looking at SGU again at 1.10 actually. Haven't opened anything so don't worry!

I don't like PRGX - I don't understand it - much like I don't understand IES :(

I'll look at IMNR and TRPH.

I thought the markets were open tomorrow, but maybe they're not!

[englishman26]

DHB: I see the inverted hammer at 3.70ish - so why did it sell off first and why would it go to 3.20 first?? It did something similar when it was at 2.90ish before it's previous climb to $4. Or is that the point!? (This is the kind of thing I don't understand!) I'll keep watching! No limit orders this time!

I might like to play this but perhaps should wait for the IES saga to end first!

[BOOOYAHOOO!]

DHB doesn't have to go to 3.20 first. news could come out to drive it to 6.75 before it trades to 3.20 since news always trumps TA in the short term scheme of things. As a long term investor who likes to hold at least part of a position for at least 1 full year I wouldn't personally buy DHB until it breaks below 3.25, that's all. 3.25 is a nonconfirmed price bottom. That means that the 3.25 low will be taken out at some time in da future. The future could be next week, next month, next year, or 3 years from now. But in the end 3.25 will go. And there really is no way to tell how much lower than 3.25 it needs to go other than to say that the 52 week low will be taken out based on what the chart is already telling me. I think we will get a much clearer view on things this coming week. The Naz still needs to trade sub 2040 and as of right now there is still nothing that says it has to move any higher before turning back. The next wave of selling will be much worse than the last, that's all I can tell you for now. :D

[jacobnbr1]

shouldnt the naz be going higher for a double top?? 2216 is the top and the only reason i can find to go higher at this point is to double top or break out? i dont understand that stament you made"The Naz still needs to trade sub 2040 and as of right now there is still nothing that says it has to move any higher before turning back" wouldnt the top confimed shoot the bearish sentiment into da markets signaling a trade to 2040 is to be expected? i mean i dont see a clear picture of an about face in the middle of this wave up unless some bad news hit.

[BOOOYAHOOO!]

What I said about da Naz falls right in line with my theory of nonconfirmed price and trend bottoms. Whether it is a trend bottom or a simple price bottom it means that the price or trend low needs to be confirmed with a lower low at sometime in da future. If it is a trend bottom it means it needs to move much lower. If it is a price bottom it means it needs to move lower by as little as .0001. But one thing's fo sho, da low must go! :D As of right now the only low on da Naz that wasn't confirmed with a lower low the last time down was the one at 2042 I think is the actual number. If it is going to move lower at sometime in da future to confirm that low you may as well be on the sidelines at a time when da Naz is showing no technical signs that it needs to move higher. That'd be right now. It doesn't mean da Naz can't move higher. It just means that it doesn't have to. If it did I would look at the next upside target to add to my short position in AAPL for instance, looks like 72.00-75.00, somewhere in there. I personally don't think it will make it there on this run though. There are some clues on both the 25 and 10 day chawts. We had the sell signal yesterday and AAPL has been trying to rally ever since it came in at around 12 noon. Also, on the 25 day chart the OBV is in nosebleed territory of +40 miliion! WOW! Yet on the 10 day chart it is pretty clear that somebody was selling into this rally as the OBV finished right at dead zero at the close A break below 57.00 will be the first tell about what is gonna happen next and it should start moving lower during the morning session on Mon if it is going to head lower. We shall see. :D

[englishman26]

I like SGU here - 1.14 is good enough, I think. It seems to have settled here. Actually it might get boring! I'm not sure it'll hit 1.10 - more likely to go to $2 first!

DHB - not sure what that's going to do. Looks like it has some resistance at 3.68ish and so I can imagine it bouncing off that and coming down. Like you say, some good news will rocket it up through that though. I think I'm just going to watch this one and might buy if it comes down a bit - maybe 3.30ish.

[BOOOYAHOOO!]

I actually have SGU on me list of ones to watch for this coming week. I'm hoping it breaks below 1.00, but holds .90. It may not get that far down however. I'm still watching TRPH to the high .20's. I may get back to my gold dawg KRY if the miners start tumblin later in the week. I'm thinking my entry target on IMNR will have to be lowered but we'll see. And I found this new one DVW at .65ish with first resistance at .97. Still lookin for a few others too. I don't like IES or TAGS until they pull back.

[BOOOYAHOOO!]

True to form it looks like my hunch that IMNR would take out my entry target area did in fact materialize. I'll be watching my new and improved target entry price of ..15-.17 on it. Along with SGU I am also starting to take a shine to CPN and IVAN in the same sector. Methinks rising energy prices may play a role in causing the next big tumble in da Naz. I have CPN entry set at .90ish, IVAN at .95-1.05, it'll probably break below 1.00. I see fokes startin to try and guess UGHO entry. I mentioned to TCG when he was buying it at like 1.05 that if he held out you can usually get a discount on services from UGlyHOs, or at least from a ho as ugly as UGlyHO. :D I think da fokes payin up on UGHO will be left in the same situation as those who paid up on IES, hoping da rally continues so they can get out of the trade with little or no damage. :D The time is just about at hand to step aside and watch em all tumble. But I guess if ya gotsta play ya gotsta play. But please, no beitchin an a moanin when ya's get yer butts whooped like ya's did with IES. :D LENS looks like one to watch. That high that was put in today will be taken out. If it can break to like .90ish before it takes out the high it would be a good entry point. I'll post about a few others if I find em, but things are gettin slim now that most of the better plays were driven higher prematurely. No biggie, they'll be back. They always come back ta papa, looka dat WPTE comin home like a good dawgie should for instance. I'll be waitin! :wink:

[BOOOYAHOOO!]

UGlyHO to a low of .66 today, huh? I told ya that you would be able to negotiate services rendered for alot less than yuns guys was willin ta pay! :D My long term target entry on this dawg was actually .61 centavos. It still has a shot at turning from somewhere around that target entry but I am hoping I will have to lower it. I did have to lower my entry target on IVAN based on the move to 1.35. It gets lowered to .85-.90 with first resistance being at 1.36. It now appears that PRGX will hit my entry target of .20ish before IES hits my entry target of .25-.28. And IES can still rally to take out yesterday's .67 high first as mentioned previously. Still hopeful to get SGU on a break of 1.00. Others to watch which happen to be in the homeland security sector include IPIX, ALAN, SSPI, and CNLG, all within 10-15% of my entry price, but of course I am hoping I'll need to lower them again too! :D Stay safe! And don't panic! Unless yawnto. 8O

[BOOOYAHOOO!]

Hmmm, it looks like I may actually have to lower me target entry price on WPTE based on today's trading. I'm glad I waited because it appears it may now end up going lower than I thought. My new target is closer to 4.50 than 5.00. It may just rally before it ever gets there however. And it has the smell like a stock that everyone will chase if the story is real good. :D So if you are feeling nimble in your daily trading you may want to continue to observe WPTE. First major resistance above is still at 8.80. Today's resistance is at 6.65-6.60. WPTE closed below with no sign that it needs to go lower. Therefore, it can run at any time. Homey doan play dat though. :wink: I like bottom fishin at DA BOTTOM, not 3/4 of the way down, not 50% of the way down. As close to as far down as it's gonna go as possible. Right now IES and PRGX are startin to show signs of wanting to stabalize for da launch. I already told you me targets so I hope I was right. If it turns out I was correct wit me tawgets I hope yuns guys was payin attention! :lol: Finally gots me some mo HCCF and I lucked out with my buy order even though it was a sheer guess. I'm done tryin to figure that one out. I'm in as far as I'm gonna go. The good news is I almost doubled my $$$ of my entry point on my new buy! I'm not that excited though. We'll see where this dawg ends up 1 year from now :D Still waitin on SGU and I have every plan to buy if it does exactly what I tell it to do when it gets there. :lol: Stay safe and be prepared with goggles, crash helmut, and possibly a parachute in the most extreme cases if you happen to be in the wrong stock starting as soon as tomorrow. 8O

[BOOOYAHOOO!]

A couple/three new ones that might be crappin out :D ARTX at .25-.29 as an entry point. First resistance would be the .42 area and there are at least 3 nice gaps just above first resistance. It could triple from my target entry price sometime in the next 12 months. Hopefully I won't have to lower me target when it gets to .25-.30, cause this one also keeps diving like IES and PRGX 8O I still like DVW which I mentioned 2 days ago. It is now pulling back off the rally that happened on Tue. I'd look for a selloff down to my target before a move through .85. If it sold off before it rallied I'd look to buy at me target. If it rallies first it might just be a strong rally. You'll need to be a very good trader and you might make 30% quickly. If you mistime entry however you will lose 10% very easily. I'd avoid if I was you, but I'm not. So I'll just avoid cause I is me! :lol:

[BOOOYAHOOO!]

Nice! The way that everything moved higher today basically took the hassle away from watching 5 or 6 possible plays and boiling it down to a single potential buy for tomorrow. That would be SGU. I'm just waiting for da buy signal and the ensuing selloff that will take it below 1.00. Kind of nice to just sit back and concentrate on 1 thing cause ya know everything else is pretty much heading lower. And some things will be heading waaaay lower. Da longs did a great job of making da shorts cover which created this whole smokescreen of a Naz rally. Well the shorts will be wrong once again. The first time was when they started loading up a tad too early. This time it will be because they let themselves get shaken out of the best shorting opportunity in the past 6 months! :lol:

[jacobnbr1]

well booyahoo, i be about 90% short at the moment. i have two bullish positions and i am awaiting this strong sell off. you think it gets underway soon? :D

[englishman26]

Not before january (if at all!). Sorry - I know you didn't ask me!

[BOOOYAHOOO!]

Yes Jacob, I think it will happen soon. Don't feel too bad about yer shorts. Looka me WMB, one more down day and I would have hit me 17.50 strike. Now it is up 10% off that low! :lol: Doanchu worry, I'za gonna make em pay! Before Jan expiration too! :twisted:

[jacobnbr1]

Not before january (if at all!). Sorry - I know you didn't ask me!

i am sorry engman. last time i looked at a chart of da markets it has peaks and throughs. i think a well over due step back is in da works. but it may be more of a sell than regular being we are at da tippy top and if she fails to rally here will cause da mass sell off of hopes... :)

[BOOOYAHOOO!]

Kind of boring today, wasn't it? :D I just watched me dawgs linger while the stuff that everyone really wanted and would pay any price for like MRVL ratcheted higher! :D The only buy I made this week was mo HCCF. The good news is that SGU looks like it will make another attempt to sell off since the buy signal I was lookin for finally came in today. So I'm still watching it closely. At this point a selloff would be good and I'd buy in all likelihood unless it gaps through .90-.95. If it rallied off this signal it might be worth chasing too because of the nonconfirmed top at 1.78 that will be taken out someday. I just like seeing them do the right thing when a buy signal comes along at a 52 week low. Right now the right thing would be for it to selloff. :D To update one of me udder dawgs, IMNR now looks like I am going to have to lower my target entry yet again to below .15 although I am not sure by how much lower yet. When these constant lower lows keep coming in at 52 week lows there is a better than good chance that BK is imminent. Luckily for me the rules are simple about whether or not to get in once the price hits my target entry. Avoid at all costs if it gaps through my buy price. That's rule #1!! :lol:

[BOOOYAHOOO!]

Going to withold judgement on IMNR until the first 20 minutes on Mon. Although the late day selling was strong enough to create a false signal on da chawt into the close, it didn't verify itself after the chart settled out. If it does move lower on the open I would be 90% sure it needs to get lowered to .15ish as the top o me new tawget. I like the setup on SGU, and even IES and PRGX would be good if they sold off, especially PRGX since it is signaling sell late Fri. So selling after this sell signal at a bottom may not be so good, we''ll see. Me tawget is still .20ish for PRGX. One to watch that may just rally if it can get above 5.05 and hold is COI. First major resistance at6.60-6.75. It has confirmed all lows as of yesterday. But a new trend low came in at 4.90-4.65 last week. A break below there that refuses to get back up could prove deadly to sub 4.00. But the low this week to 4.60ish did not signal that a lower low was due, and neither did the previous move to the 52 week low. I think it'll run first though. Not enough bang for my buck to get me interested enough in that wild pony of a stock. :D

[MrWilson]

Good morning BOOOYAHOOO, I noticed on another post, you said you list your targets on another board. Can I ask the name/location of that board.

TIA

[BOOOYAHOOO!]

Good morning BOOOYAHOOO, I noticed on another post, you said you list your targets on another board. Can I ask the name/location of that board.

TIA

Yessir Mr Wilson, that other board would be right heeya where you be standin! All my targets have been listed right here at this board. I have to make a few target entry changes but I plan on getting to that before the open on Fri. I'm actually glad that prices are getting away from my targets after many of them were soooo close. I'd rather have a few gooduns to keep track of instead of a bunch of em. It makes it easier to choose which to buy if I don't have many choices! :D The last 10 trading days have been nothing but a waste for us long term investors so at times like this I just sit it out with a big tall and frosty by me side. But I'm wreckin even the traders didn't do all that well. Lot's of crap making big swings up and dow, right IES longs? :D I'll wait, this don't be lookin like my kind of buy opportunity. I have some new ones to watch like CPN which I already mentioned a tad while back on this heeya very board. Hope everybody has a Happy Thanksgivin! I'za gonna be givin thanks fo what I gots, that's fo sho! :D

[Prodigy]

Word BOO...

[BOOOYAHOOO!]

I'll add CPN to my new watch list with a long term target entry at .70ish, still looks like SGU will be the one to play if we can get that last selloff that breaks below 1.00 but holds .90 axed. PRGX setting up to signal sell and if it sells off after that signal to my entry target just below .20 I'll also give it a looksee. I'd be out of IES now that it finally confirmed that .67 top on Wed., I think it will now hit da skids. 2 homeland security plays to watch, SSPI at .95ish, ALAN at .40-.45 with first resistance at .65. Da naz still needs to confirm the new high that was put in on Wed and it may just do it early on Fri, then some serious selling with a fall of at least 200 points forthcoming so it will get very ugly for alot of high flyers out there. Stay safe!

[pmb1010]

Boo,

I'm into "numbers", and looking at ALAN and SSPI, I see nothing but "house of pain" in their balance sheets...

Care to share your catalyst on why you think these might be moving?

Rgds,
PMB

[John Paul Sanborn]

My 3 plays are calls

CRM feb 35
AKAM Jan 30
RIO Jan 45

[Kevin Cornett]

I'll will be perfectly honest, I bought IMNR a couple of weeks before I even knew of the existence of this board, even with small $ position, it was painful for me to watch the stock go down. However, if you do some homework, (and they make it through the next 2 years) you will see that they are going to trials, or are trying to get funding, for trials over the next couple of years. If it works, good, if it doesn't, they go bankrupt just like THEIR MANAGEMENT SAYS IS A DISTINCT POSSIBILITY OF, in other words, if you bought it without paying attention to the delisting notice letters (9th) or without reading the quarterly reports, well that is on you then isn't it? I am a bonafide n00b in the stock market game, and even I knew to read. I have a whopping 333 shares of IMNR, if that tells you the level of investments that I can make...but the idea for me is.. if they get the HIV stuff up, running and OTD, then they will make alot of money. ALOT OF MONEY. but, they have to make it, and that is sketchy at best. Caveat Emptor my friends.

[BOOOYAHOOO!]

Nice move on PRGX but I still believe that one will be back, along with IES and alot of others. SGU now in a position where it is going to tell us which way it wants to go. If it rallies from here it looks like my hope that it will break below 1.00 will be dashed. But fo now I'z still hopin! :D The 2269ish high on da Naz still needs to be taken out at sometime in da future so I wouldn't be surprised by a move to a new high this week. The 2220-2230 area is the first area to look at fo support. But I also wouldn't be surprised by a 200 point fall either. I know I personally doubt I will be doing any serious long term buying until da Naz sees 2040 or less again. I'll let the traders rule da mawkets fo now, but I'll be waiting for somebody to make a mistake! :wink: Another one to watch from here is TRPH. If it sells off to hold the .27-.30 area I'll buy the next rally. Definitely needs to hold .25 axed. I think TRPH just received a delisting notice last week and it held up purty good after the notice. Could be sumthin brewin on TRPH.

[englishman26]

Well I've made some nice coin on the IES and the PRGX and I think Boo helped keep me grounded on these so I'd like to thank him! TCG too of course. I'm actually holding some IES for the long haul though - I figure I'm playing with the house's money now on that one. PRGX may also have been a good partial hold but I've sold now and I'm no where near confident enough to get back in at this level.

CPN did some scary things today - blew through your .70 entry Boo so I'm guessing that's a no go now (rule #1). Looks like it might find a base at 0.67 though. I expect you've lowered your target now though - to like 0.00! Company may be done and out of here!

[BOOOYAHOOO!]

Oi yay on CPN there Mr. Englishman. On the move to .53 into the close it put in the second consecutive lower trend low in the same day, the first was a gap from .80 o .69. That's how badly fokes was a dumpin. I'm wreckin CPN will see some relief before it ever sees my new and improved entry target of sub .40. I can't really even tell ya how low me target isa gonna be just yet. Let's just hope it gets a bounce to the .70's area before it trades any lower on the open. Just another case of the lower it goes the lower it's gonna need to go! 8O

[englishman26]

As we say in England "I wouldn't touch it with a 10 foot barge pole!"

[BOOOYAHOOO!]

Here's how I would play PRGX if I had been brave enough to get in at .40 or less, like I guess some of yuns guys did. :D If I hadn't sold any yet I'd set a sell limit on the open at .95 for 60% of my position. There is a possibility it can run to 1.05 which would be the beggining of a long gap that may eventually get filled to 2.40! But as of right now it only needs to take out today's .92 high. So PRGX is one worth watching. The 52 week low was low enough to confirm the trend bottom and start this move up. I still thinks it may be a comin back. If you take profits into further strength you can end up being in a good position to take advantage of tax benefits on da last chunk which will be easy to hold cause da shares be free! That's why I try to hold a chunk fer at least 52 weeks. And sometimes you will be surprised by some of these dawgs. PRGX fits the mold of a rabid dawg that wants to keep running. Congrats to anyone who bought at .40 or less. I'll stick with my long term bottom target near .20ish. PRGX will be a fun one to watch for anyone who wants to improve their chart skills. :D

[BOOOYAHOOO!]

Since IMNR can fall to my new and improved target I may as well give it again. My entry target is .10-.12 but avoid on any quick move through .10 centavos. I would expect the first rally off of say .11 to run to .20. Look for a slowdown in selling as it approaches .12. That would be a good sign. :D It is a small move up from getting into an uptrend though so it may even do a premature rally foist. But of course I'd rather see it fall. :D UGHO is once again approaching my long term entry target of ..55 to .60ish. It looks like my assumption that it would retest the recent low as mentioned in a previous post right cheeya came true. Da UGlyHO be on da list of ones ta watch. How lo is da ho gonna go? da shadow know :D :o

[BOOOYAHOOO!]

I'd take the current 1.06/1.07 on PRGX, the trading in premarket was a gift because it gave you a clue to pull your limit buy and get more than my .95 :D If PRGX is going to be for real it must hold .92 on any pullback, and it definitely MUST get back above .92 if it falls below. That will be the real clue to the direction of this dawg. Let's see if they try and frenzy it from the 1.05 gap bottom though. Like I said in my previous post, anything can happen with this dawg. These big gainers is fun! Isn't they?! No?! Well I like em. :D

[BOOOYAHOOO!]

Got a little better picture on Cowpie (CPN) today. :D It is now setting up in the same way PRGX did befo it launched. And I also got a pretty clear idea of where to tag final bottom long term entry at. Right now it'd be at .35ish with a must hold area of appx .32 axed. So a break below there on any new selling probably means BK for Cowpie. But! Today's closing low did not signal that an even lower low was due, even though I see it traded to .49 in AH. :D CPN actually slipped into da buy mode because it did exactly what it had to do on the open and kept from falling furhter into the abyss below. Now at least it's gots a shot. Watch for CPN to hold steady and then finally sell off towards me target IF my entry target is going to get hit short term. A gap up on the open probably means it will rally to at least the .75ish area before it reaches my target. CPN could be another PRGX-type move that doubles ya in days too. I'd avoid the rally on the open, but buy the pullback as close to .55 as possible. That's if the initial frenzy doesn't take it straight to .75 before it pulls back to .55ish! :lol: I'd rather see it settle out and drop befo it rallies though. Did PRGX pretty much fall in line with my outlook this moanin? I was off by how high it might go on the initial run, but I said the true test would be when and if it comes back to the .92 area. Here we are! :D I read some of the posts at the PRGX board and I must say, I'm a tad disappointed about how some a ya's trade frenzies but hey! It's yer muny! :o

[BOOOYAHOOO!]

Earlier in the week I mentioned that da Naz would more than likely rally from the 2220-2230 area and attempt to take out the 2269+ high. The fact that the high will be breached today is bearish, not bullish though. And the antithesis to da Naz which is da VIX just put in its first higher trend low after a series of lower lows which signaled a downtrend. I mentioned the series of lower lows in da VIX in a reply to Jacob in one of my previous posts a few weeks ago. The previous lowest trend low in the current downtrend was 11.10. Yesterday a new trend low came in at 11.20-11.15. That was the first positive sign in da VIX in several weeks. Looks like da toin-n-boin almost be upon us here but not before sub 11.15 VIX and 2270+ Naz appears on a puter screen near you. Of course these targets are only a step away and could be reached as early as the first 15 minutes of trading today. I doubt da VIX falls below 10.80 though, but we shall see. Da Naz would need a very strong move up of an estimated 20+ points to assure the uptrend continues I'm wreckin.

Because of the possibility of a strong market selloff in all sectors I will remain on the sidelines and make only very selective new entries that meet all my trading criteria. I will in fact be looking to take profits in my only long position of consequence which is HCCF because it looks like it will retest .0003 after this current rally runs its course. It rallied to .0008 as a high yesterday and that high will be breached at sometime. I am going to try and get .0012 which would be a quadruple off my last entry point of .0003. I will continue to hold a partial position for the long term. The nice thing is that my earlier buys were in the .001 to .0015 area. So by selling the 1 million + shares I bought at .0003 I won't have any capital gain and I can actually write this sale off as a loss for 2005. So wish me luck on gettin a good exit price cause I'll be at least tripling my $$$ yet writing it off as a loss for 2005! Saweeet! :lol: I'm still watching CPN as a prospect for today. As bad as it was yesterday, it still wasn't bad enough! :D Did anyone notice how it bounced off my entry target area of .32-.35ish? This stuff is a little tougher than brain surgery maybe, but it ain't all that difficult. :D The .33 low was low enough according to what da chawt says right now, CPN does not need to go any lower. It is about to signal sell, but it could actually just go ahead and rally right now to the .52-63 gap area which is foist resistance, then .69-.80 would be next. I'm hopin fo da proper signal and then one last selloff which takes it back down to .35ish but holds the .33 low. There are several others that are setup to rally for 20%+ like IES (from below .50) for instance but I'm a gonna keep stickin wit da crap that will gimme a shot at doublin er triplin me $$$ in days to weeks. You can only do dat if ya buy absolute bottom so what da hey? That's what methinks I'll do! :D PRGX back below the .92 level I mentioned so I guess yuns guys can either listen to what I said about it, or just keep guessin and cheerleadin. Last time some a yuns guys got lucky. Are ya feelin lucky agin? Well, are ya?! :lol:

[Gonz]

I know you don't want to divulge your system, Boo, but can you throw a bone to those of us who are new at this?

[BOOOYAHOOO!]

Hi Gonz, I splained my general theory once befo, but here it be agin. Any individual stock or index that creates a trend or price high MUST confirm that high with an even higher high at sometime in da future. Using da Naz as an example, it is why I said the 2269 (and change) high would probably be breached this week. The time frame for confirmations of highs with even higher highs can be 1 day to 3 years+. On da flip side, all price or trend bottoms MUST be confirmed with lower lows or else any rally that materializes off the price or trend low is doomed to fail at some time in da future. Using da Naz as an example once again. During the last retracement that took da Naz down to a retest of the sub 2000 low there was a nonconfirmed price bottom put in at 2040ish. On the next selloff I believe that nonconfirmed price bottom will finally get confirmed with a lower low. It will not be until then before we can see a much stronger upmove in da Naz. Actually, many individual stocks have reached grossly overpriced status and need to lose 50%+ of current values just to confirm nonconfirmed price or trend bottoms from the past. GOOG needs to trade to at least 265 for instance, AAPL to 25.00. I'm not saying any coming market weakness will get them there soon. But those price targets will be hit at sometime in da future. I gar-own-tee it! :wink:

[BOOOYAHOOO!]

Being a true contrarian I wanted to reiterate my long term watch to buy on the U.S. automakers. Basically I believe that both F and GM are about to go into the final selloff mode which will create long term entries. As I also mentioned in many posts, please be aware that the last phase of any downdraft or updraft is usually frenzy. In the case of selling it could possibly be "sell at all costs" mentality which could once again force me to lower targets. I have already lowered targets on F and GM in fact. I would look to enter F at or below 5.25 but it must hold 4.70axed. The last major support was just recently set up at 7.80-7.60 gap. That is a nonconfirmed trend bottom at that low and any fall below there which F is unable to recover back up through there from below will cause the wave of selling. I like F better than GM because of the bang fo da buck theory. :D My tawget fo GM is currently at sub 16.00 somewhere. GM is now below last support at 22.80. I think they will sucker rally it through 23.00 first. Fundamental reasons I like the US carmakers? Japanese makers have ruled for years to the point where that's where the late money is going and it is Joe Public getting in as far as the stocks go, Joe Public is always wrong. You know you want to drive a Dodge hemi Charger with 425 horsepower, everybody does. But instead they buy a piece of crap japjob that's gonna get blown off da highway by me and me hemi when I fly by. And Joe Public is driving a car that looks like a block of cheese just because it's gonna save him about $10 over what he could have drove da hemi fo, that's based on what Joe Public paid fo da car plus what he figures he's gonna save on gasoline costs by drivin da cheez. So once again Joe Public will be proven "incorrect", but that of course is "if" my contention that gas prices will continue to fall on a 1 year timeframe materializes :D Also just yesterday David Faber from CNBC finally realized that things wasn't so good fo fode an GM so he did a report on Squawkbox. I also mentioned in previous posts about how a turn is close at hand when CNBC starts reporting da news. I think my last mention was when the oil stocks were trading at their peak as Jim Cramer was blowing his stack about jumpin into da natgas stocks. CNBC was the "energy tawk channel" during those days. 60% of the daily reporting was about energy and its effects on da economy back then. This is the evidence fo my bullish case for the US carmakers long term your Honor. :D

[Gonz]

Thanks for the assist...I really enjoy your posts, especially when I have to try and decode them (seriously).

[BOOOYAHOOO!]

Based on yesterday's trading I am going to be forced to lower me target entry on TRPH. It did a nice little run just after my last mention but it didn't quite do a retracement before da rally which would have been more bullish. One thing I have learned is to not chase a stock if it can't even get through first resistance. With TRPH that is now .45-.42 gap which was the previous lowest trend low before the new one at .33 which just came in yesterday. Looks like TRPH will be a .20 stock. Looks like CPN may end up being a .20 cent stock too. It is now outside the parameters for entry by my standards. Plus it is still in the sell mode so I will wait for a new signal. But maaaaan! There is over 170 million+ shares to the -OBV!! If that ever decides to unwind, look out above! :lol: Fokes is a dumpin, let's just hope CPN sets up for a rally soon, udderwise all da shorts is just gonna take their sweet ole time and buy up every share necessary to cover short positions as it languishes ever lower, and lower, and lower. Ya know da long term holders are just praying for a rally so they can get out. Then the real rally will begin after everyone is out! :D If this thingy survives of course 8O :D

[jacobnbr1]

wow! you may want to spell everthing correcto boo. gonz be whooping up on me overthare on da udder tread. you know! overyawnder? :wink: how is the new job? see your playing with cowpie. you gonna use that one for da challenge next week :wink: the last jockey got pulled around the track backerds :lol: i hollard for em to stop and turn around. :wink:
we be testing da waters yet?

[BOOOYAHOOO!]

I always be testin da waters Jacob, but my personal opinion is that the market is now 90% "Cramer's mad money" at work and 10% longterm "buy and hold" money. So what do you do at a time like that? Most fokes doesn't realize that they are now getting better odds at da crap tables in Vegas than they are in most of the stuff getting the buyer interest in da mawkets. My philosophy under current conditions is that if you are going to gamble, you might as well make a small bet on sumthin that might ring da bells an whistles! :D My new job is actually my old job, but now I have one other person who is already close to being a mini Booya! I actually have 2 others witme but da one be more of a drag than an asset, but she make good coffee! :D But I'll give her a chance to play her part too. Basically I have doubled my efforts because I found a diamond in the rough in my one trainee, and it is starting to pay off. It's a slow process though, kind of like gettin rich in da stock market. :D Cowpie does not qualify for the Weekly Investor Challenge at the other site. I still think it's gonna pulla PRGX though. :D

[jacobnbr1]

have you entered on pgrx? and what is/was the entry tawget? i might be takin a snitzel on dat one.

[BOOOYAHOOO!]

I never did buy PRGX but it sho came close to me tawget of .20ish. I would consider PRGX if it gapped down during the morning session to like .40-.45. Eventually I believe it will see .20, but it could easily first see .90 agin too. The risk to reward from sub .50 at say .43 bid would be worth a small bet. From .70 it just isn't as tasty. :D But as of right now I still have plans fo dis dawg. It all depends on whether or not PRGX wants to do it my way or not. :D To catch .43 bid under the correct setup there would have to be very few sellers left as it breaks .50, in fact, a positive sign would be that da axed stays above .50. If instead PRGX has alot of sellers then having an open buy limit at .43 and gettin filled might end up being a mistake of da 50% kind. It means you may have to be patient. If it rallies instead fokes is gonna make mistakes I'm wreckin. Not me though. :D

[englishman26]

I already made 100% off PRGX and I'm not sure I want to get into it again. 0.55 might be a good entry point though.

[jacobnbr1]

hey boo: i still gots them wmb puts and was thinking of swaping them for longer out? i already did a stradle on appl at 60 and gots me longer out puts and sold the jans. i got out of the 70s when it was 70.50sh. im wreckin i should have held them :roll:

[BOOOYAHOOO!]

hey boo: i still gots them wmb puts and was thinking of swaping them for longer out? i already did a stradle on appl at 60 and gots me longer out puts and sold the jans. i got out of the 70s when it was 70.50sh. im wreckin i should have held them :roll:

If WMB rallies now I would pretty much be forced to acknowledge the possibility that a 17.50 tawget fo WMB is getting close to unrealistic by Jan. I think your strategy of adding on strength makes sense. If WMB rallies now it will probably double top, so I guess there would be no hurry to add. As far as AAPL, I believe I mentioned my new target high in a post before (a few weeks back) but I can't remeber it. I know it was over 70.00. I'm really not following AAPL that closely because I don't need a new short and it is far from being a buy according to my system :D It would be worth adding to your short position in it on ANY move up from here I believe.

[BOOOYAHOOO!]

I am starting to watch da UGlyHO once agin. UGHO be coming back cause she be like da way I treated her da last time she be down at .69. No chawg fo da service either. This time I'm gonna be make her beg fo it! If da UGlyHO want mo candy Booyah be at .57. Come get me UGlyHO, me loy you loooong time. :D

A short time ago I mentioned to buy COI at 4.65 or less. If anyone did you should take at least some off ay 6.75 if COI gets there. Hold da rest! :D

[englishman26]

Nice job with the COI. I missed that one!

[BOOOYAHOOO!]

I'm wreckin COI will settle back to yesterday's low of 5.70ish, if it breaks lower than that it will be tough to guage. I think it will see 6.75 before it ever sees the 52 week low again though. :D Cowpie (CPN) now signaling buy into the close, so continued selling would be bullish on the open. At the .19 low it was more than 50% below its last major resistance area at .52-.63 gap. So it is really getting out there to the point where the prudent thing to do would be to just avoid until the next major oversold condition comes in. But of course nobody is prudent when they realize that the next rally might double their $$$ in a day. :D Gonna be tough to guage entry. I'll post my entry price if I actually buy. Looka dat SGU thangy! 8O

[BOOOYAHOOO!]

Hmmm, where dat Cowpie be? :lol: I did a few searches of news to try and find da new trading symbol, anybody ova heeeya have a clue? :? Anudder blast from da past that is about to maybe finish a "dubble off da low" is DHB. I wonder if it makes it to 6.75. Major area here at 5.00. PRGX gettin close to Englishman's possible entry target of .55 or lower. I say let's hope for lower. What say ye?! :D One other homeland security play I was a toutin that is suddenly becoming more suspicious is CNLG. At this point I think I would wait for a move to sub .65. That's a low volume wild swingin pony so be careful if you are even considering CNLG, MDII, or SSPI in da homeland security sector. They are all showing signs of wanting to turn though. So I'll be watchin em since they drove one of me udder favorite long term sectors (gold) into a frenzy! and eliminated that short term possibility for building a long term hold em don't fold em hand. :roll:

[BOOOYAHOOO!]

CPN is now CPNL on da pinks and absolutely worthless except for a trade. And the prospects for a trade grow slimmer if CPNL does not rally today or tomorrow. It now looks like a case where the shorts will have plenty of shares available to cover positions with. CPN was a highly shorted stock. You may not believe it but there are still at least 4 or 5 other companies (in the same bidness that CPN and Enron were in) that will suffer the same fate as CPN and Enron did. One of those remaining stocks is trading in the $20's!

As of right now it looks like my best bet for a new buy in here short term may end up being IMNR so I am watching the next break to a new 52 week low. I will also have to pay attention to PRGX if it gets to my target area that I mentioned earlier this week. For most of the longs my message is to stay safe because if you are in the wrong stock you could lose 20% very quickly based on the possibility of a quick turnaround in overall market sentiment. But fo da fokes bettin da dawgs at DA BOTTOM with small bets I say, "So what! It's only muny!" :D

[BOOOYAHOOO!]

Interesting things in everyday life AND da mawkets to consider:

I know for a fact that a GM dealer in the U.S. midwest paid $13000 over suggested MSRP for a 2006 Corvette ZO6. That means the retail customer he sold it to, who was from Somewhere America, paid at least $85000 for a $72000 car. Yet the same GM dealer who sold the car to the Vette yuppie would also sell you (retail buyer) every 1/2 ton truck on his lot and take a loss on each and every one right now! :D I'm not sure yet if the market, in pricing GM, is trying to tell us that there are going to be alot more truck buyers forthcoming, or if the price idiots are willing to pay for a Vette is gonna come down. :D

Also, who are we to believe? Today the market took down the whole homebuilders sector in the second "fell swoop" since top was put in. And I'm not sure that was absolute top anyway. But I do know that TOL gapped down off da tippy top, it tried to rally, it didn't make it to the old high, it just gapped and crapped again from a lower level. I'm wreckin all dat doan mean a thang if there are still fokes in your neighborhood who will pay $100 per square foot for a home that was selling for $50 a square foot 5 years ago. I'm wreckin da folks who paid $150 per sqare foot 3 months ago might be feelin a tad queezy right cheeya though. No biggie, I guess they can always sell their real estate and buy stocks. I heard that argument for da continuation of da stock market bull by more than 1 anal-yst. :D

Too bad for Cowpie that they couldn't make muny in the biggest bull run in energy in the past 30 years! They were kind of trapped though. It's true that the stock buying public believed that CPN would prosper by higher energy prices, therefore they would have been happy to drive the price even higher just a few months back. Cowpie just didn't have the backing of Wall St., probably because of that huge debt load. Cowpie and Enron were not the only culprits during the wild goings on of the era when Cowpie, Enron, and Die-energy (DYN) actually ruled. Anybody care to bet me that DYN won't suffer the same fate as the other 2? :D I need 5 to 1 odds because it is extremely difficult to predict a BK, especially from the $4.50 to $5.00 area. :lol: But I say DYN goes BK, any takers? :D If no takers, perhaps it is because you believe what the markets appear to be telling you. Some companies will survive, some will go by the wayside, some will be given a tremendous premium. Look around all the companies in the same sector as CPN, DYN, and Enron. Doesn't it make sense that the good ones deserve a premium? Shhheeeet, I know I'd pay a premium fer sumthin if I know'd it was good. I doan think they was tawkin bout da fokes at a company like fo instance EP bein crooks when they was a sayin Enron was all crooks. :D If that's the way you are thinking and you actually invest that way you are in for a tremendous lesson, so I hope you pay attention. :lol:

[BOOOYAHOOO!]

I mentioned IDCO in a previous post. My target was near .45ish, but IDCO broke below there and at the .31 low it is more than 50% below its last major resistance area which was .68. Getting ready to signal buy, the .31 low should go but I don't think it will trade too far into the .20's. Let's see.

[BOOOYAHOOO!]

Still looking at IDCO, UGHO, and IMNR as new long term buy prospects. And of course PRGX will once again gain my interest if it starts selling off. Methinks the move in IES is through but the .80ish area will tell the tale. This rally was definitely premature and it definitely needs to break below .50 and on to retest the 52 week low at sometime in da future. On the slightly more overpriced scheme of things methinks we may see a stock like AAPL start a tumblin soon. Be careful out there cause there be lots of bad AAPL's in da mawket right now. :D

[BOOOYAHOOO!]

I'm also adding TRPH to me list of potential new buys. I tawked about it recently after it failed at first resistance and then put in a new lower trend low at .32 which will be first major resistance. The move to .23 was just about enough to confirm bottom and meet my long term entry criteria. Any pullback that hovers within the .20-.25 area could set up fo da launch. And one mo new one. I mentioned this waaaaaay back when I foist started a postin ova heeya. I owned GLGS from appx .09 off the previous 52 week low which was .64 I think. I mentioned how it rallied prematurely the last time down so I sold out of my position on a move through 1.00, which was an excellent gain from where I bought. You can go to a 1 year chart to see how much farther it rallied above where I got out. :D The reason I sold was the reason I always sell a long term hold, there was something on da chawt that told me it wassa comin back! Here it is, it's back! So let's see what kind of chit transpires and if it can even make it through first resistance at .67-.75 gap.

PRGX is now at the point where if you guess and are wrong you will be sorry. Part of every trade is knowing when to get out, which is different than knowing when to take profits. You can't take profits unless you know where the resistance areas are. You can't possibly know when to get out if you don't know where support areas are. Go ahead and have a discussion at the PRGX board about where support and resistance is on PRGX. Let's see if any of yuns guys have a clue. :D

[jacobnbr1]

I'm also adding TRPH to me list of potential new buys. I tawked about it recently after it failed at first resistance and then put in a new lower trend low at .32 which will be first major resistance. The move to .23 was just about enough to confirm bottom and meet my long term entry criteria. Any pullback that hovers within the .20-.25 area could set up fo da launch. And one mo new one. I mentioned this waaaaaay back when I foist started a postin ova heeya. I owned GLGS from appx .09 off the previous 52 week low which was .64 I think. I mentioned how it rallied prematurely the last time down so I sold out of my position on a move through 1.00, which was an excellent gain from where I bought. You can go to a 1 year chart to see how much farther it rallied above where I got out. :D The reason I sold was the reason I always sell a long term hold, there was something on da chawt that told me it wassa comin back! Here it is, it's back! So let's see what kind of chit transpires and if it can even make it through first resistance at .67-.75 gap.

PRGX is now at the point where if you guess and are wrong you will be sorry. Part of every trade is knowing when to get out, which is different than knowing when to take profits. You can't take profits unless you know where the resistance areas are. You can't possibly know when to get out if you don't know where support areas are. Go ahead and have a discussion at the PRGX board about where support and resistance is on PRGX. Let's see if any of yuns guys have a clue. :D

i see sup. being .33 and res. at 1.15-- short term :P

[BOOOYAHOOO!]

Jacob, if PRGX makes it to .33 on this run we'll see if you have a buy call on it then :D But there is a lower support area than .33. Can anyone name all of the support/resistance (s/r) areas from the low to say 1.50? Jacob, if you can do it correctly I will award you 20000 e$ at the udder site! :D Take the weekend to select your price points wisely :wink: :lol:

[jacobnbr1]

without lining up the stars and moon, i see s/r areas at .29/s and 1.11/r.. with a lowest low of .24

there could be mental support area of .20/s and a 1.00/r

[BOOOYAHOOO!]

without lining up the stars and moon, i see s/r areas at .29/s and 1.11/r.. with a lowest low of .24

there could be mental support area of .20/s and a 1.00/r

There are actually quite a few s/r areas between 1.11 and .29. Here's da whole scoop on PRGX. On the fall that took it to the 52 week low there is a gap from 2.40 to a brief stop at 1.20ish before completing the gap to 1.05, next there is a gap from .95-.76, next is .57, then a gap from .40-28 which set up the 52 week low, then .28 came in again which establised the rally which took it to the 1.15ish confirmed top. On this new fall s/r was setup from .70-.65 gap, then .63, and the last one at .60, those 3 trend lows came in just this past week. 3 consecutive lower lows which signals a downtrend. I would not touch PRGX until .40 minimum personally. And I have a feeling that if it gets there I might not touch it at .40 but we shall see. I still like it! :lol:

[englishman26]

It certainly would have been odd, and bad, if this had gapped down to 0.40. But it bounced. So it's all good! Could see some nice fresh gains in this fellow over the next couple of days now.

[BOOOYAHOOO!]

2 more plays that are now getting close to DA BOTTOM, ECGI, target entry at 1.05-.95 with first resistance at 1.50, and ECST, my target entry of 1.08 was hit, but methinks it will make one more trip down to hit the 1.04 low or possibly even take it out slightly. First major resistance is a gap between 1.55-1.70. I wouldn't get too excited about the move in PRGX. In fact, I would start getting worried in here about the condition of the overall market. About 2 months ago Alan Greenspan said that he would continue raising rates at a measured pace if signs of inflation continued. Since then the speculation in the energy markets has been partially eliminated, but not entirely. Housing demand has slowed only slightly but home prices are still rising or in the worst case holding steady in many areas. The stock market has gotten even more overvalued though. So asset inflation has gotten even worse simply because those who are trying to game da mawkets are trying to guess when the last rate hike comes. We are now seeing the result in the gold markets with the recent major premature stealth run. Based on the fact that inflation has gotten worse in the past 2 months I wouldn't look for any relief in rates until the Fed funds rate is well above 5%. Most market "ex-spurts" are looking for it to all end at around 4.50%. Speculation will eventually be wiped out just as surely as it was in the crude and gasoline markets after the hurricane Katrina. We have a major market tumble coming soon. It isn't too difficult to figure out which stocks will be hit the hardest. I hope for your sake you aren't long one of those. Oh yeah, congrats to the CHK longs! Looks like it is finally coming back up to confirm that final top I mentioned at the exact moment before it turned and headed into the 20's. The next fall won't be as great of a buy opp, trust me on that! :wink: Still looking to play GLGS, IMNR, UGHO, TRPH, or possibly ECST, also looking at IDCO since it did exactly what I said it might and it could run for a double from here, and I like the fact that CURE got slammed through my entry target and fell 50% below it. Now it looks like a .10-.12 stock whereas 10 days ago I liked it if it was to hit the .40 area, it missed! But once again me system kept me outta trouble. I like dat! :D

[BOOOYAHOOO!]

I was forced to lower my entry point on both UGHO and GLGS yesterday. UGHO now goes to .35-.39, GLGS was putting in a new lower trend bottom into the close so we'll have to wait until it settles out, but it now appears my long term entry target will be lowered to .30ish. Either could rally to first resistance before these new targets are hit, but UGHO is getting ready to signal buy so if it sells off after that signal I will be watching it for entry. The Naz could get ugly at anytime now but probably not before da VIX sees sub 10.80. There is a drop of 200+ points coming which is all but guaranteed at this point and there will be selling in all sectors.

[BOOOYAHOOO!]

TRPH showed no signal that the .20 low will need to be taken out and is getting ready to signal buy. I'll be looking to enter it if it can hold the low on any selloff. Resistance areas: .32-.35, .42-.45, .77.

[BOOOYAHOOO!]

Well, had an order in to buy TRPH at .20 today and that price target was hit, but me order didn't get filled. No biggie cause it looks like it will trade down (hopefully) off da coming buy signal. Looks like me calls on PRGX and IES may have been right on tawget though. Still watchin IMNR too, methinks that .14 low isa gonna hold but we shall see. Jacob, I did roll my WMB puts over into the May 20's today as WMB traded at 24.65 at around 3 PM. There is still a chance that the Jan 17.50's will pay off but I sho wish I had covered when WMB was waaaay down there below 20.00 recently and the puts I bought at .15 were trading at .65 :evil: Oh well, like I said befo, it's only muny. And who knows? With the overall crash and burn that is about to happen in all sectors of the markets WMB can easily lose 30-40% of its current value in a matter of 2 or 3 trading days. Lot's of udder crap sho will! :wink:

[Damon]

Booo, nice little pop out of HAWK today and up another 1.5% after hours. Does their purchase of the LA properties change your targets on this one? It's a small cap that seems to be attracting lots of positive attention lately. It's up 80% since I bought it in May. Haven't sold it yet. Just curious.

[BOOOYAHOOO!]

What was my target, 14.50? Something like that, wasn't it? I really can't remember, I'm showing HAWK was down in AH trading but I think it might just trade through 14.75 anyway. I'd get out of any o/g stock trading at or near a 52 week high. It will definitely be one of the sectors that crashes during the coming fall that is about to happen in the general markets. If you want o/g then maybe try IVAN, I'm actually taking a shine to it now that I've had to lower me entry target yet again, This time to .80-.85. I remember telling you HAWK would eventually trade through a price target but I don't remember what that target was. I know CHK finally eclipsed the target I mentioned at the long forgotten CHK board though. It will crash and burn big time too.

[Damon]

On Oct 18th, you said...
Damon. HAWK should take out the 12.41 that was made today low and then rally through 13.45. I'd personally sell it on that rally.

On Oct 28th, you said...
Yep! HAWK will still take out 13.45 just as CHK will take out the 33.93. But the next time up you had better sellout because falling energy prices will be the reason for the next stealth Naz rally.

Well, as predicted HAWK took out the 12.41 low the very next day and dipped all the way down to 11.36 before closing at 12.66. HAWK traded as low as 11.02 on Nov 11. It's been moving up since then and took out 13.45 on Nov 30. It closed @ 14.29 today.

FYI, CHK also took out 33.93 yesterday.

[jacobnbr1]

.[quote="BOOOYAHOOO!"]Well, had an order in to buy TRPH at .20 today and that price target was hit, but me order didn't get filled.

thats funnie :lol: :lol: i must a stole your order :lol: filled 1k at .20 and if she drops some more i will drop anudder k in.

[BOOOYAHOOO!]

While I wait for some of my favs to settle out or go through their final salamie stages I guess I can just put up me favorite play for this coming week which I played at the weekly competition at einvesting.com. I like LENS, my entry target is from .85-.-95 for long term players. First resistance at 1.35 and then a nice distance to next resistance at 2.15. I was glad to see that IESRQ held me target entry point when it finally opened and I will still stick with the .25ish area for now. Lot's of udder crap gettin close, too much to mention so I guess I will just let em bottom out and then come back and tawk about em during the week once they set up properly. Please be aware that da Naz has done everything it needed to do to confirm all tops, and da VIX did everything it needed to do to confirm all bottoms. I think it is just a matter of the hedgies waiting to see if they can hold this grossly overpriced market up until after Jan 1. That way they can sell, take huge profits, and not have to worry about the tax consequences for 16 full months. Some of you fokes had better be careful because you have the Cramer mentality which leads you to believe that a stock making a new 52 week high will continue to make new 52 week highs. I promise, you are going to have to rethink your positions with huge losses, just as Cramer did this past week with ECA, TIBX, MSO, and a few others. And the bad news is that many of the ones he is hot for right now will leave him in the same position as the ones I just mentioned in a few months. So be careful! Some of you fokes is gonna get deeeestroyed if you actually own some of the stocks you be toutin as great plays. :wink:

[englishman26]

Like??

[BOOOYAHOOO!]

Like??

Like 99.99% of all stocks on any exchange that are trading at or near 52 week highs. Or some o da stuff fokes is mentioning at the new board about great long term plays. BTW, you don't think AAPL is going to get cut in 1/2 during the next retracement?!! 8O :D

[englishman26]

What's the new board??

If you look back at my posts I've never disagreed with your naz fall coments, just that I don't think it'll occur until january. Yeah I think AAPL will come down. But then I've been thinking that for a year now and it's still defying gravity!

I think Google is seen as being different from most of the tech in the nasdaq and will stay high whether there's a crash or not.

What else do you have??

[BOOOYAHOOO!]

Yowza! What a beautiful mawket today! Now tell me, did ya heed my warning or are ya just planning on hangin in there and gettin yer butt whooped? :lol: I thunk the Naz was gonna rally to the 2250 area when it was trading at 2240ish as da sell signal came in. Instead it just dumped. The fact that it dumped off of that signal was actually a bullish sign. That's the good news. Da bad news is that the relief rally that comes off of this selling will probably now fail to get da Naz back up above the top of da trend gap that was set today that runs to 2235, with an outside shot that 2250 will indeed be reached. There is however no need for the Naz to trade to a new 52 week high as I already mentioned. And there is a definite need for da Naz to trade to 2040 minimum, da VIX to 18.50+ minimum. But I would have no problems with seeing da Naz go all the way into the 1800's personally. We gotsta do sumthin to work out da grossly overpriced conditions in most of the high flyers. And speckin of high flyers, howza bouts dat Google thangy?! :lol: Is this stock the biggest idiot stock on da planet or what? Da good news for da bulls is that today's 52 week high will be taken out at sometime in da future. But as I also said, GOOG also has a date with sub 265. So you play it as you see it but be aware that you probably will not win no matter what you do. :lol: But ya gotsta admit, it sho is fun to watch the way idiot stocks react when the bagholders are caught in the theatre and sumbody yells fire! Don'tcha think?! I sho do! :wink:

[BOOOYAHOOO!]

What's the new board??

If you look back at my posts I've never disagreed with your naz fall coments, just that I don't think it'll occur until january. Yeah I think AAPL will come down. But then I've been thinking that for a year now and it's still defying gravity!

I think Google is seen as being different from most of the tech in the nasdaq and will stay high whether there's a crash or not.

What else do you have??

The new board where fokes post about their fa-vo-rite intermediate to long term plays :D You can read my outlook on GOOG in my last post. I'm not sure if you realize where AMGN and DNA are headed but my advice to you would be to stay away from both as well as Cramer's other 2 or 3 great plays in the biotech sector which include SEPR and MYOG. Remember VION? :D Aren't you glad you didn't try and squeeze that last few pennies outta dat dawg? Well it is now getting close to the point where it is crappy enough to peak my interest. :wink: I'm wreckin you didn't keep track of my target entry price though, did ya? :D

[jacobnbr1]

hey boo! what ya think of vrdi? i gots in at .20 and think she rallys to .76...

[BOOOYAHOOO!]

hey boo! what ya think of vrdi? i gots in at .20 and think she rallys to .76...

Looks like the .35ish high will be taken out, but so will the sub .05 low :D I don't care to guess which happens foist at this point. Dat dawg kinda reminds me of CURE which I mentioned as a good play before it gapped through me buy point down to .11 only to rally to .45 on its way back down to .10. :D

[jacobnbr1]

hey boo! what ya think of vrdi? i gots in at .20 and think she rallys to .76...

Looks like the .35ish high will be taken out, but so will the sub .05 low :D I don't care to guess which happens foist at this point. Dat dawg kinda reminds me of CURE which I mentioned as a good play before it gapped through me buy point down to .11 only to rally to .45 on its way back down to .10. :D

it has been as low as .02 recently, lower than it was in late 2002. doesnt that mean it has been bottomed per your system method? also scln has bottomed at 2.00 at the begin of the year and is back where it started now. same setup??? i figured scln was a confirmed bottom.

[BOOOYAHOOO!]

also scln has bottomed at 2.00 at the begin of the year and is back where it started now. same setup??? i figured scln was a confirmed bottom.[/quote]

I only started following SCLN after the recent salamie. It did put in a new trend low at 2.10 and the set an even lower one at 2.00-1.94 gap. SCLN will be back at sometime in da future to put in a new low but as of right now it has gotten above 2.10 so anything is possible. I said you will need to run this dawg hard to assure an even higher high though, because as of right now there is nothing on da chawt that says it needs to move higher. Remember, higher price or trend highs portend even higher highs, lower lows mean even lower lows. As of right now SCLN has a date with sub 1.94 at sometime in da future. I personally never take a risk that the future may not be now. Sooner or later you will end up with an IES-type debacle on your hands if you do that. I guar-own-tee it! :D

[BOOOYAHOOO!]

I wanted to point out a few "noobies" that be startin to be worthy of attention. I have constantly had to lower me entry tawget on IVAN, right now it stands at .70-.75 based on lower trend lows that have come in. There will be resistance at 1.15 and again at 1.23-1.25 if my lowered entry target survives. :D I may as well ad my current take on SGU since I'm spekkin bout energy crap. Now it looks like 1.25ish to 1.30 might be da numba. SGU keeps actin like the stock that just wants to keep giving back. :D I also like the way COOL gapped down to just below my 1.02 entry target on yesterday's open. It jumped nicely off there. I think if we can get a retest of that low that doesn't get into the .80's it will make a nice run. Time to start watching ECGI, TBUS, ECST, IPIX, and I'm sure a few others of me dawgs a little more closely as they are also approaching me tawgets and showing signs that fokes want in as evidenced by recent false rallies. Another round of selling in a few of these dawgs will make them interesting to me. :D I like the battle going on in the markets right now. Cramer still trying his darndest to pump up da volume in the crap he likes. Some fokes be fallin for it but as of yet the indicies are telling us that there is work to do so basically if you boughht a recent Cramer rec, where has it gotten you? Nowhere. :wink: The Naz did leave itself at support and in a position to make a stronger than expected move, as far as what I see that is. Go ahead and bust em out bulls, I dare ya! :twisted:

[chinaman711]

Watch LRT today it may have a nice little run for a week just like last month.

[BOOOYAHOOO!]

Watch LRT today it may have a nice little run for a week just like last month.

OK, I'll watch it. :D Here's one of my own that has a setup similar to your LRT and IMMU, ISON. If it can move off this 2.00 area it has at least 20% in it. It is also a sub 1.00 stock at sometime in the future so be careful. Its warrants, ISONL, is actually a faster mover. The ISONL chart says that the low isn't in. But I have seen ISONL launch from similar chart setups in the past.

[BOOOYAHOOO!]

Just a few quick updates. I like the way IMNR held its own but it still has done nothing to give me a clue about what next, except to say that if it rallies now I bet it makes it to .19. :D If I had bought TRPH I would have sold at least 1/2 the position at .32 resistance. Actually my new strategy under current market conditions would probably have been to sell all but a couple/few hundred shares after I made a 50% gain. I'm not skeered of the current retracement unless it gets below .23 and can't get back up. It still needs to take out .25 to the downside. And it still might be a big runner. I like the way IVAN, UGHO, TBUS, LENS, COOL, IPIX, VION, VLTS, NEXM, BPUR, VRSO, ECST, and lots of others are setting up as new buys. Those are just the sub 1.00 dawgs. :D I already gave my target entry prices on each. If IVAN signals buy and sells off at this point I will more than likely look at it fo me next long term entry. If LRT was to get hit hard in here I'd start watching it. And of course the race at this week's stock picker challenge should be fun to watch. :D

[BOOOYAHOOO!]

Ooops! I doan think I posted previous tawgets on some o da dawgs I just listed. Here dey be.

NEXM .55ish
BPUR .63-.70 so it is in da zone, .64 must go though. .63 entry?
VRSO .63-.70
VLTS somewhere below the 52 week low, but methinks it's gettin close! :D

[BOOOYAHOOO!]

Ooops! I doan think I posted previous tawgets on some o da dawgs I just listed. Here dey be.

NEXM .55ish
BPUR .63-.70 so it is in da zone, .64 must go though. .63 entry?
VRSO .63-.70
VLTS somewhere below the 52 week low, but methinks it's gettin close! :D

One mo to watch, CPTH. If it can hold .28 it could be DA BOTTOM for a first run to .48 which would be the first true test. BPUR has foist resistance at 1.00 if it decides to get off its lazy a$$.

[Tooty]

IVAN seems interesting to me BOoYahoo. I have been wacthing this one for while. My alert went off when it went below $1.00 (.99) but I still don't know if it's a good buy. This stock is a little wacky. :wink:

[BOOOYAHOOO!]

IVAN seems interesting to me BOoYahoo. I have been wacthing this one for while. My alert went off when it went below $1.00 (.99) but I still don't know if it's a good buy. This stock is a little wacky. :wink:

Hmmm, IVAN made it above 1.12 yesterday and there is still lots of negative OBV that can be worked out. It now has the look of a "premie" stock which is a stock that wants to run befo it's dunn. For you daytraders I guess a move to 1.25 ainna too shabby off the closing price. But beware that I bee's gunnin fo IVAN and my outlook is that it will someday trade lower than the .99 low. :roll:

[BOOOYAHOOO!]

My sector to watch this week for long term entry opps would be the homeland security sector, several weeks back I mentioned this sector, healthcare, and the gold stocks as my 3 favorite sectors. Well they went and ran the gold stocks on hype and now CNBC is hyping it even harder this morning. I wouldn't touch da goldies in here and in fact I would short PAAS on any move that takes out the 52 week high. I know PAAS is a silver stock, but they be runnin all da metals like they was good as gold and they isn't. Anywho, back to homeland security. They just went through a round of dumping which took many of them close to my long term entry targets but not quite, including DHB (in the end this stock will prove to be my favorite I think), TBUS, IPIX, SSPI (rallying off da low), ALAN, STKR, ANLT, even lowly MRKL and that one that The Chart Guru was following awhile back. So I will look at all homeland security stocks, especially ones trading near 52 week lows. This is the most forgotten sector in da mawkets. It could be the fastest moving sector going forward since Dubya has basically made the world less safe from terrorism during his time in office. If it ever gets to the time where we will have to prove how prepared we are I think the evidence will come out that once again Dubya failed in his mission, and these stocks will rocket as logic would take over in da mawkets, logic always leads to a frenzy. The gold stocks are just a tad from a frenzy. Da homeland security stocks are red headed step kids. Buy homeland security stocks for the long term. :wink:

[Tooty]

Hey BoooYaho0! I made a post for TRE a while back and if you like gold and natural resources this one has been quite good. I guess they weren't kidding when they said they hit pay dirt (diamonds and gold) Also, I like GG and I put some on CGHI.OB but sometimes these penny stocks can nickel and dime you to death. Also IVAN maybe heading again to the sub 1.00 area by weeks end. Still, not sure about that one. :lol:

[BOOOYAHOOO!]

Hey BoooYaho0! I made a post for TRE a while back and if you like gold and natural resources this one has been quite good. I guess they weren't kidding when they said they hit pay dirt (diamonds and gold) Also, I like GG and I put some on CGHI.OB but sometimes these penny stocks can nickel and dime you to death. Also IVAN maybe heading again to the sub 1.00 area by weeks end. Still, not sure about that one. :lol:

Actually, I said I liked da golds when they were trading at about 30% lower prices on most of the individual issues I follow. What I just said about gold this moanin is that I think it is probably nearing the end of its run since CNBC has finally taken enough notice to start reportin da news. In fact, they just did a segment on gold on Larry Kudlow's show! That's almost like blasphemy as far as what I thought Larry Kudlow said about gold 2 or 3 months ago so maybe da programing director slipped it in while Larry was away on vacation this week. :D When gold was just starting to come off a bottom and I started tellin you fokes about it Larry Kudlow said, "If gold gets above $450 and holds that level I will be convinced that the Fed is doing the right thing in continuously raising rates. " So basically Larry kudlow got more than he wanted. Except now he will still blame the Fed for bringing down the economy and/or the markets fall, even though the gold market is basically saying that assets (or sumthin else) is grossly overpriced, or at the least, "frothy". :D That's my take on thangs anyway. If da mawkets don't wanna listen then inflation will make da mawkets listen. The solutions to da problem? Either long rates are goin alot higher than everyone including the new Fed chairman expect, or the assets (things) that the inflation market is getting so hyped about will have to come down in price so da inflation markets ainna so spooked. Or things can just stay the way they are and we'll see if the speculators that are running the individual frenzied sectors of the markets can take care of it in an "orderly" fashion. :D One thangs fo sho, sumtin gonna give! I sho doan wanna be on da wrong side o da trade when it do! 8O If it is now a case where the gold sector was the most recent sector being manipulated into a frenzy and even it must adjust downward according to solution #2 as listed above then I would classify TRE as an invitiation to a butt kickin. So if I was you I'd hope for solution option #3 and hope that everybody believes the 2 clowns CNBC just had on who are trying to convince you that gold could see $850 on this wave up. Another way to check the status of your holdings is to axe yerself a simple question as with TRE for instance which went from 3.00 to 6.00 in 10 trading days. Axe yerself if you think you should take some profit. If you answer "Duuuuuuh" then I'd just hold. :D

[englishman26]

I truely believe that gold is at completely the wrong stage in the economic cycle to be heading down. It's price releative to what it was is irrelevant, and that's all you're going on. It's about demand for it in the near future and that demand will be very high. Not sure it's going as far as 850, but I don't expect much of a pullback in the next 12 months.

[BOOOYAHOOO!]

I truely believe that gold is at completely the wrong stage in the economic cycle to be heading down. It's price releative to what it was is irrelevant, and that's all you're going on. It's about demand for it in the near future and that demand will be very high. Not sure it's going as far as 850, but I don't expect much of a pullback in the next 12 months.

I honestly don't follow the POG very closely. I truly was surprised when I looked up one day and saw it at $520+. I care more about the stocks because the stocks always tell da future in any sector of the markets. Just like I said gas at da pump was coming down to 2.25 or less before Christmas even as the price at the pump was well above 3.00 a few months back. Ya gotsta remember me gettin all pee-a-zissed at the energy frenzy idiots after Hurricane katrina I'm sure :lol: How did I know that gas would be sub 2.25 at da pump soon? The stocks told me. We can tawk about the energy stocks if you'd like. But as somebody who may have at least a grasp on things I hope you realize that your CHK did not make a higher high this time up. So if it falls I wouldn't ignore it. But that's what the energy stocks are saying about energy prices. What the gold stocks are saying can be measured in the simple HUI/POG ratio I told you all about on at least 2 occasions. When the ratio is below 30% we are in screeming buy territory for all gold assets and especially fo da stocks. Right now we are at appx 50%. That means stocks can fall alot and the POG can stay static. But if the stocks fall hard it inevitably means the POG will fall because as I said, the stocks ALWAYS lead. There is no hurry to get anywhere near da gold mawkt right now. And when it is time you will be wasting your time by buying physical gold. Hopefully you will heed the teachings of da HUI/POG ratio :D

[englishman26]

Well anyway- I've had GLG for a couple of months and I expect to like it for a while yet. Has more reliable prospects than actual gold.

[BOOOYAHOOO!]

Well anyway- I've had GLG for a couple of months and I expect to like it for a while yet. Has more reliable prospects than actual gold.

Prospects? I'm wreckin you mean funnymental prospects. :D I'll check back witcha on GLG as da funnymentals "improve" or "deteriorate", or you can just post a reply to one of my rants if you'd like and lemme know when da funnymentals say get out. :lol:

[BOOOYAHOOO!]

I'm still watchin VION. :D My previous entry tawget was 1.50 but I'm gonna lower it. I'll come back with my new and improved entry target latta ooooon. I want to sit back and see how much interest da VION board generates foist! :D It can rally through 2.05 at anytime. But I wouldn't buy unless it first confirms this 1.65 area with a lower low, which it basically already did with the move to 1.64 yesterday :D I'm not sure that's enough. I will say that I will become much more interested if it decides to head below 1.65 in as much of a hurry as it could possibly take out 2.05 though. :?

[englishman26]

I think 1.63 here is a good entry point. I wonder if it can hit that 2.17 level again?

[BOOOYAHOOO!]

I'm lowering my target entry on IVAN to .65ish from .75ish based on the past 2 days of trading. I'm also lowering my target entry on IPIX to 1.10-1.25 based on a new major trend low that was put in at 1.80ish. I'll hang in there on my target for TBUS though. My highest entry would be 1.40, but shoot for 1.25 and do not buy at 1.20 axed or lower, yet! :D One more goddun ta watch since I had to pull some future godduns, WAVX, last major resistance at .80, it's getting ready to signal buy. A selloff after that signal to .50-.55 that holds steady in there would be worth a few sheckles tossed upon da table for da dirty dealer to see. :D If he looks at you funny it's because he probably figured nobody would take da bet, even though the odds is so good. :wink:

[Tooty]

Right, I was thinking IVAN around .75 now and also IMNR about .06 -.075

[englishman26]

Well I was wrong on my VION price - no volume. But there was volume increase at it's drop to 1.53 this morning which it bounced off. When it hit 1.56 I think that was the buy signal but I'm really not sure. Could find 1.90 very quickly if the volume peaks but there isn't the interest this week, I fear. Maybe next week.

You know, I don't get this stock! Based on potential and comparing to similar biotech stocks, VION should up at around $5 yet it has been trending lower for months and is now solidly a penny stock! I'm just surprised that the going rate for this stock is so low - I would think people would be willing to pay more for it. Oh well. I feel like I'm battling against the tide a bit on this one and obviously that's only good if the tide reverses at some point!

Well anyway - seems to have formed one of those nice handle and cups that thechartguru used to waffle on about and in the short term looks like it'll make a bit of a pop upwards.

[BOOOYAHOOO!]

Right, I was thinking IVAN around .75 now and also IMNR about .06 -.075

I now have IVAN to appx .65 centavos with last support at .99 centavos. That's what I am basing my lower long term entry target on. It would be nice if it broke down in a hurry from the current setup. Based on the way IMNR is setup I am glad we were patient. There was indeed a new trend low that came in at .085. That means to shoot for da .055 area. With an outside shot at .05 but not through there on a quick selloff. Avoid if that happens. Basically IMNR will now have to get back up above .085 so all bets to .19/.20 are off. But not completely ignored, for now. :D

[BOOOYAHOOO!]

Well I was wrong on my VION price - no volume. But there was volume increase at it's drop to 1.53 this morning which it bounced off. When it hit 1.56 I think that was the buy signal but I'm really not sure. Could find 1.90 very quickly if the volume peaks but there isn't the interest this week, I fear. Maybe next week.

You know, I don't get this stock! Based on potential and comparing to similar biotech stocks, VION should up at around $5 yet it has been trending lower for months and is now solidly a penny stock! I'm just surprised that the going rate for this stock is so low - I would think people would be willing to pay more for it. Oh well. I feel like I'm battling against the tide a bit on this one and obviously that's only good if the tide reverses at some point!

Well anyway - seems to have formed one of those nice handle and cups that thechartguru used to waffle on about and in the short term looks like it'll make a bit of a pop upwards.

That's why I want you to leave the entry tawgets ta me! Remember, you will have enough to deal with figuring out when da funnymentals on GLG turn bad enough for you ta come runnin ta me with a big sell warning! :D To answer your other question about price and value da bottom line is that value doan matter but to someone who can see value. And why should anyone chase any hidden value in VION when they can chase da momo value in one of Cramer's overpriced biopigs like MYOG, DNA, etc? I doan even know what VION da company does! :lol: It's true! 8O I just know I likes da way da chawt be settin up. Now watch what probably happens next. Me old tawget was 1.50, me new tawget be sub 1.10 but not balow 1.00. Let's see if this dawg turns and bolts off my original entry tawget of 1.50 now that it's jist about here. How many of my dawgs that I have brought ova heeeya have done a 50%+ premie? Did you see the results of my top 5 plays for the Original Mad Money challenge at the other section of this site?!! WOW!! Maybe I am nuts to just wait fo da numba, but that's what I thank I'll do wit VION. :D

[Tooty]

What's the word on WPTE...Vion I have been looking....dont know about this one yet. :cry:

[BOOOYAHOOO!]

What's the word on WPTE...Vion I have been looking....dont know about this one yet. :cry:

My target entry price on WPTE is now at 4.55 but it could fall all the way to 4.00. I'd avoid below 4.00 axed.

[englishman26]

Where did GLG come into this?? I have a 25% gain in this one which is ridiculous because I didn't expect much until 2006. Will probably take some profit and hold half for a few more months. I feel it's gone up too fast but actuslly isn't overpriced as long as gold stays where it is - which it should for most of next year.

I'm glad you pay such close attention to my portfolio! :wink:

[BOOOYAHOOO!]

Where did GLG come into this?? I have a 25% gain in this one which is ridiculous because I didn't expect much until 2006. Will probably take some profit and hold half for a few more months. I feel it's gone up too fast but actuslly isn't overpriced as long as gold stays where it is - which it should for most of next year.

I'm glad you pay such close attention to my portfolio! :wink:

I'd say the popular consensus is that gold stays high throughout the year. But since I am the resident contrarian I'll go against consensus and say that I think commodities in general will take a pretty sizable hit in 2006. Demand for housing will slow dramatically in most areas. Therefore, the prices of everything that goes into them will come down. And since gold is supposed to be an inflation hedge I expect it to go conrary to what everybody out there thinks. That means no $850 gold price this year. Of course the gold stocks will do even worse than the metal. You might want to take your profit now and then buy back when GLG is trading about 70%+ lower than it is right now. :wink: This run in gold and da mining stocks was just a warning shot. The next time it will be for real. Doan forget to remember dat HUI/POG ratio. Right now it is in overbought territory. I doubt it has the legs to make it to frenzy state levels of 60%+ but I have seen stranger things happen.

[englishman26]

Well I sold half the GLG on the high today. I'll keep the other half for a while longer. Taking a 30% profit for a stock that I expected to hold for a year, after just a month, is quite a nice surprise! I'm willing to wait to see what happens to the rest of it.

I'm looking forward to seeing how your short position fairs in the monthly challenge. I'm surprised you didn't pick google and apple though!

[Tooty]

Well I guess .99 wasn't such a bad target price afterall for IVAN. I still like GG but Booyahoo you might be right. There could be a backlash for gold but it might take a some time.

[BOOOYAHOOO!]

Well I guess .99 wasn't such a bad target price afterall for IVAN. I still like GG but Booyahoo you might be right. There could be a backlash for gold but it might take a some time.

IVAN will take out the 52 week low befo this time next week I'm wreckin. Da Naz jist needs to top out above 2260 to put itself into a position where it doesn't have to come back for awhile. So if da bulls was smart they'd quit befo 2260 goes bye bye. All the goldies did was get more grossly overvalued. The HUI/POG ratio now at 56%. You will more than likely see an immediate retracement and then a move back up to retest these highs before crash and boin. Once these tops are confirmed they will move on to losing 50% of their current values across da board. It's going to be tough to find a safe haven. That's why I am liking the homeland security stocks so much. They edged even lower today. It almost looks like somebody is setting up da mawkets for a terrorist attack. Of course there is no way to predict that. But the play is definitely to buy the homeland security stocks and short just about everything else. :wink:

[englishman26]

Wow - you've now taken up the position of hoping for a terrorist attack. And you thought those waiting for bad weather were bad.

Either way, what HS stocks are you looking at?

On a slightly related note, what do you think of IRBT? (related because they build military robots, not because they build vacuum cleaners!)

[BOOOYAHOOO!]

Wow - you've now taken up the position of hoping for a terrorist attack. And you thought those waiting for bad weather were bad.

Either way, what HS stocks are you looking at?

On a slightly related note, what do you think of IRBT? (related because they build military robots, not because they build vacuum cleaners!)

Huh? How does what I said make it sound like I am "hoping" for a terrorist attack? What I actually said is that da chawts are saying that right now the homeland security stocks are being driven lower and to the point where nobody wants them (except fo da overpriced crap like Cramer's LLL of course :D ). There is evidence that Al Qaida made $$$ in the markets by shorting into the days before 9/11. When is it going to be the most likely time that another terrorist attack will come? When we least expect it of course. If the homeland security stocks are moving lower in price like they are now, couldn't an argument be made that America is becoming complacent about a terrorist attack? Of course you have to at least slightly believe that da mawkets cast their spell on all aspects of our lives to make a strong observation like I did about terrorist attacks. Maybe what I said was a subconscious attempt to get you to pay attention. :D I can't really give you an honest read on IRBT because I haven't been following it and my one charting service is on da fritz agin :roll: Luckily fo me I know that there is absolutely no reason to be in a hurry to buy anything. Remember, da Naz will be traveling to sub 2100 shortly. :wink:

[BOOOYAHOOO!]

I mentioned GLGS before, it came down to me .45ish original target and then put in a signal that it was going to move lower in da future, from there it rallied for 30%+, kind of like what BPUR (which was me entry in da little dawg race at Einvesting.com last week) did the last 2 days. GLGS now coming back and possibly getting ready to attack me entry tawget of .25-.28. Looks like UGHO may be in the last stage of the down cycle too. I think .35ish outta do er. Can u believe that some fokes paid like 1.30 fo their first bite of dat UGlyHO?!! I tried ta warn em. I'm wreckin mosta dem didn't use perteckshun either! 8O

[BOOOYAHOOO!]

I mentioned in a previous post that GOOG needed to trade through the previous high of 446ish, it did that today. As of right now there is no signal on da chawt that says it needs to go higher than the 448.96 high. It would be a shame if even Cramer's previous $450 target high didn't get hit now. Even though he raised again to $500. :lol: I mentioned GTE, NMGC, and one other stock as 3 that would breach previous highs. NMGC and GTE did that. The udder one was EGHT. I'll make it my focus stock o da day. :D Gotsta go so this be me last post o day day. Stay safe! 8O

[englishman26]

Is L3 communications (LLL) really a defense play? Is it really overpriced??

How about HEI in the defense sector? Or are you thinking more big cap?

Could go all out and get a defense ETF: PPA - I know that's not your style though!

[Shizie]

Lexar (Lexr) has had a very interesting development today.

A new COO, very interesting! + lots of PR.

a new uptrend has started imho.

[BOOOYAHOOO!]

Is L3 communications (LLL) really a defense play? Is it really overpriced??

How about HEI in the defense sector? Or are you thinking more big cap?

Could go all out and get a defense ETF: PPA - I know that's not your style though!

I have a feeling the answer to the question about what is overpriced will be answered in very short order. As far as HEI goes I wouldn't buy anything that just went through an island gapup near a 52 week high. And i would stick with individual stock issues.

[BOOOYAHOOO!]

Lexar (Lexr) has had a very interesting development today.

A new COO, very interesting! + lots of PR.

a new uptrend has started imho.

A "new uptrend"? I hope you realize that LEXR is levitating appx. 50% above where it should be just because of the Jim Cramer "idiot premium" which was tacked onto this grossly overpriced pig back in Oct. You'll be surprised where LEXR ends up. I will say this, the 52 week low is not THE 52 week low! :wink:

[Shizie]

A "new uptrend"? I hope you realize that LEXR is levitating appx. 50% above where it should be just because of the Jim Cramer "idiot premium" which was tacked onto this grossly overpriced pig back in Oct. You'll be surprised where LEXR ends up. I will say this, the 52 week low is not THE 52 week low! :wink:


I do not agree. Lexr is a potential buyout candidate with improving business model. They finally reported profits last quarter and will do it again this quarter. They are likely to receive hundreds of millions of dollars from various lawsuits. The company is improving. Watch it get passed 9 soon and 12 in near future.

Sure, if you only look at their results then its overvalued and should be at 3-4 bucks.

[Tooty]

So, took into the account of what you said about gold and TRE. few days ago after studying the how's and why's I decided to sell off TRE. Later it went up .17 or so, but I made a profit and said to myself - you did okay and you weren't pig about it. It did not move for 2 days from 6-6.07. Then I checked up on it today and you were right. POW!!! :!: down .78 !! I could have lost much more profits if I stayed in. So, BoooYahoo should I ever consider this stock again or go homeland sec? WDAM.OB looks like it retained a goverment contract for the new year. And tell me about EGHT maybe that's whats happen in telephony. :wink:

[BOOOYAHOOO!]

So, took into the account of what you said about gold and TRE. few days ago after studying the how's and why's I decided to sell off TRE. Later it went up .17 or so, but I made a profit and said to myself - you did okay and you weren't pig about it. It did not move for 2 days from 6-6.07. Then I checked up on it today and you were right. POW!!! :!: down .78 !! I could have lost much more profits if I stayed in. So, BoooYahoo should I ever consider this stock again or go homeland sec? WDAM.OB looks like it retained a goverment contract for the new year. And tell me about EGHT maybe that's whats happen in telephony. :wink:

The precious metal (PM) stocks are about to get whacked and whacked hard so I wouldn't even consider TRE until it breaks below 3.00 minimum. I do like the homeland security plays and I mentioned several of me favs. I'd look at MRKL and FNIX down in the same price range as the one you mentioned but both need to come in just a tad. I believe EIGHT is going to make a run up through 3.00 soon, possibly on some type of news. There is nothing on da chawt that says it needs to move any lower off that retracement from the recent rally. I'd avoid the other 2 (GTE, NMGC) because I believe their runs are over and now have all systems clear to move to their final destinations which is below 1.00 in each case.

[BOOOYAHOOO!]

Jobs report out and they are frenzying da stock futures based on da newz. Perdickshun: We will see the markets do an abrupt turn early in the session after the second gapup in 3 days, this one being an island gap if it holds up on the open. The Naz will close down by at least as much as it opens up before the day is out. And there will be much more selling on follow through Mon. Let's see.

[englishman26]

Or not. Or not. And, or not!

Wow - three incorrect perdickshuns in one post - that's a new record for you!

GTE is not going to $1.

Gold could well get to +$800 before is comes down substantially. Anyone who thinks otherwise is simply not factoring in the cost of inflation each year when comparing to historical prices. Saying that "gold is at 22 year highs" is not really true! Factor in the dollar's coming demise and the increased demand from China and India and the likelihood of gold doing anything other than small technical pullbacks is close to zero! Need to get some BGO at some point.

Now whether the gold mining stocks are overpriced- that's different matter!

[englishman26]

p.s. When was CHK going to hit $4 again???

[BOOOYAHOOO!]

Or not. Or not. And, or not!

Wow - three incorrect perdickshuns in one post - that's a new record for you!

GTE is not going to $1.

Gold could well get to +$800 before is comes down substantially. Anyone who thinks otherwise is simply not factoring in the cost of inflation each year when comparing to historical prices. Saying that "gold is at 22 year highs" is not really true! Factor in the dollar's coming demise and the increased demand from China and India and the likelihood of gold doing anything other than small technical pullbacks is close to zero! Need to get some BGO at some point.

Now whether the gold mining stocks are overpriced- that's different matter!

It was actually 1 perdickshun, the other 2 calls were based on the possibility of a toin in buying sentiment at sometime during the moanin session. Since the buses still had some wiggle room for anyone who was willing to pay da fare, they squeezed em all on da bus wit shoehorns all day long actually. :D One day does not a mawket make as I am sure you are well aware of based on some of the rollie coaster rides you've been on. Gimme da weekend and I'll see ifI can come up wit a perdickshun dattle knock yer sox off! :D

To answer your inquiry about inflation, I wouldn't make a bet based solely on historical standards. Just because crude oil went on a historic run doesn't mean gold has to play catchup as far as I am concerned. Gold recognized that those (human emotions) driving up the costs of equities, homes, commodities, etc, would pay no attention to the fact that rising interest rates were having no effect at all on the costs of things going up in price in the first place. Stuff just kept getting pricier no matter what measures were taken. So gold decided to send a warning shot across da bow. That's the 30% move you just saw. What has been the result of gold moving 30% higher? 2 things, 1. Things just got even pricier and totally ignored what gold is saying (ie. inflation signals keep being ignored therefore more rate hikes than Larry Kudlow expects) and, 2, you and a bunch of udder fokes finally noticed that gold might reach $850 and GOOG might reach $600. And you doan wanna miss da ride! Welllll, do ya? :lol:

[BOOOYAHOOO!]

p.s. When was CHK going to hit $4 again???

Hmmm, let's see how close I can come to actually perdickting da date. My perdickshun is based on a stock that actually went through a similar cycle, DROOY. DROOY languished between .75 and 1.00 for many months before it launched into a series of gapup moves in early 2002, the first gap was da big one from around 1.25. It kept on gapping up until it firmly setup support at 1.75. From there it staged a second series of gapup moves. Eventually it ran through 6.00. At that point I was challenged by several clowns at another stock discussion site (Clearstation) when I said that eventually DROOY would give up all of its gains and trade sub 2.00. If you look at the history of DROOY by putting up a 5 year chart you can see that it took appx. 3 years for DROOY to retrace all of the gains and then some. $4ish is actually close to my long term buy target for CHK. So when CHK hits $4 I suspect it will be making long term bottom again. So using the chart for DROOY as a guide and figuring that CHK probably won't be bottoming in da middle o da winter heating season I will say that CHK will hit $4 in Aug 2009. So stick around Englishman and tell me how I did when the time comes. :wink:

[BOOOYAHOOO!]

I personally stepped up to some IMNR yesterday at .05 centavos. My one charting service was down for the entire week so I relied solely on the one that is less reliable and tried to guage proper entry based on me tawget of .055 (which was obviously breached) and what da chawt was saying. Well da chawt kept switching between saying that the .048 low would go and that it didn't need to go lower. Plus the trade to .04 doesn't even show up on da chawt which isn't particularly unusual since IMNR is an OTC dawg. My play will be the same as with me udder 2 long term holds I have in me port, CAFE and HCCF. Make adjustments if IMNR gets slammed or take all but 1000 shares off da table should it hit .085 resistance or higher. Taint nuthin like holding a long term stake in a company when the shares you are holding are absolutely free like my positions in CAFE and HCCF are. Worry free investing. Learn it! Live by it! :wink:

[BOOOYAHOOO!]

Or not. Or not. And, or not!

Wow - three incorrect perdickshuns in one post - that's a new record for you!

GTE is not going to $1.

Gold could well get to +$800 before is comes down substantially. Anyone who thinks otherwise is simply not factoring in the cost of inflation each year when comparing to historical prices. Saying that "gold is at 22 year highs" is not really true! Factor in the dollar's coming demise and the increased demand from China and India and the likelihood of gold doing anything other than small technical pullbacks is close to zero! Need to get some BGO at some point.

I was doing a little more chawt research on the price of the gold stocks as opposed to the price of physical gold as measured by the trading stock GLD. If you look at each on a one year chart (chart the HUI gold stock index vs GLD) you will get clear proof that the stocks lead the commodity. That's sumthin I mentioned in more than one previous post. :D Also take note on the 1 year chart of GLD that during this new high that was put in the RSI line made a lower high. Also the OBV is clearly in the stratospere at +100 million. That means if ya wannit ya gotsta pay fo it. And basically right now fokes is willing to do dat. That's why the OBV is at +100 million. The HUI/POG ratio is now at 57%, I mentioned in a previous post that 65% means it's time to mortgage your home and put the proceeds into a short on yer favorite overpriced gold pig stock. So if ya wants to be long gold until $850 that's up to you but I wants ta warn ya. That long play comes with a revolver and a single bullet! :lol:

Now whether the gold mining stocks are overpriced- that's different matter!

[BOOOYAHOOO!]

[quote="englishman26"]Or not. Or not. And, or not!

Wow - three incorrect perdickshuns in one post - that's a new record for you!

GTE is not going to $1.

OK! I think I gots a perdickshun that'll knockyer soxoff! My perdickshun is that at sometime during the coming week you will regret that you said GTE is not going to $1. You can start by researching the after hours volume and last trade on GTE. :D I tried to find some news that would make GTE finally fall below 3.50 support and well into dat gap you be seein on da chawt from 2.00 to 3.50. Of course the last AH trade was only at 3.30 so I guess there is still plenty of gap below to give GTE a chance to change its mind and get back above 3.50. :D

[englishman26]

Well I would have an upper entry target of $3.20 on GTE (I've thought this for a while) but I think it could get back down to $2.60 at which people should be backing up the truck!

GTE gapped up on funny-mentals and it's not going to technically fall all the way back down.

You think a week to $1???? That's one hell of a perdickshon!