posted
Just wanted to give 3 picks.. do your DD first dont buy strictly on my suggestion...let me know what you think of then though.. i like to hear other's feedback.. keith? lol
1. IIP 2. ABMC 3. PYR
[This message has been edited by Machiavelli (edited January 04, 2005).]
posted
Well I think ABMC is way beyond it's resistance as of 12:51 EST lol its at 1.40... hope you got in early Manny and made a nice profit.. expect it to go down tomorrow since its been way overbought today.. it will probably correct itself and then pull back..
IIP gapped up nicely at 1.10 at the opening but right now it seems the bulls and bears are knocking each other out to see if it will close over 1.00 or below it... i will check it's TA tonite when i get home from the city..
As for PYR currently its a Bearish Harami pattern... so I havent entered a position in this one yet but it's on my watch list.. it's using its 20 and 60 day Moving average as support and is way above its 40 day MA... I'll wait for this one when it has a positive candlestick pattern and it's volume is on the rise.. today was/is on low volume and its RSI/OBV is pretty much neutral...
Hope this helps in your trading decisions Manny and hope you made a killing today on ABMC...
posted
sorry mach, been busy work up and things goin on trading with one eye half open these days....
IIP looks awful ABMC had a great day so obviously good call Pyr interesting, some head room seems to be on support.... could be a good play uptrending.
VSYS is probably down your alley tho, give it a peak
posted
yeah i crapped out on IIP... sold my position at a loss... im still keep a eye on PYR... as for VSYS ... it doesnt have high enough volume for my tastes.. any other picks Keith (or others)? .... right now im watching DVID and XYBR...
-------------------- Let the world change you... And you can change the world.
posted
CNR is in a doji right now (as of 1:30 EST) so i wouldnt touch it and I'm looking for stocks to buy on monday morning for a swing trade.. as for when I would hop onto XYBR... me personally am looking to get in at 1.28 or above... when it will be above all three MA's (20/40/60 day).. with strong volume, positive candlestick, rising RSI/OBV (though it's RSI is in a uptrend today).. right now its using its 20 day MA as resistance... I'll give you the definition of a MA from toni's book because im not good at giving definitions...
Moving Average: A line indicator used in technical analysis that works best when a market/stock is trending.For example a 20 day MA is calculated by taking its last closing prices for the last 20 days and dividing by 20. Its done on a daily basis and is represented by a line connecting to the last 20 calculations.
When you look at charts of a stock you put or select the indicators to go along with the chart that you want to see. I add 3 MA's to mine... 20/40/60 Day MA's... other people use different numbers... some also put the 200 MA along with the 3 that i put.. you then see 3 lines (3 different colors.. tan/orange, blue and red)superimpose over the candlestick chart (all this you will learn and know what i mean once you read Toni's book)... now with XYBR it is using its 20 day MA as Resistance (it bounces off the 20 day MA but wont or cant at the moment get past it) but its above its 40/60 day MA's so im just waiting for it to break out of its resistance (which in this case is the 20 day MA)of 1.27 as of today at 1:45 EST... to see what i mean i'll show you how to do it on Bigcharts.com ..
1. go to website www.bigcharts.com 2. At tope of site it says Enter Symbol.. type in XYBR 3. Click on Interactive Charting 4. on the next screen you will see a line chart... on lower left side click on Indicators 5. where it says Moving averages.. you will see the number 9... delete 9 and type 20... next to that is a drop down menu.. select SMA (3-line)... 6. Next click on Chart Styles 7. On "Price Display" drop down menu choose Candlestick 8. On Chart Size drop down menu choose BIG (ignore Chart Background drop down menu for now) 9. go to upper left and click on Draw Chart 10. Look at the chart.. you will see "candlesticks" with 3 lines going through the chart.. orange/tan, blue and red... the orange/tan one is the 20 day MA.. you can see todays Candlestick (price)is right at the 20 Day MA but hasnt gone past it..
Let me know if you did it right and see what i mean by MA's ... hope this helps...
-------------------- Let the world change you... And you can change the world.
posted
sell it when you are up or it looks like your gonna lose your shirt. take what the stock gives you, don't try and force it where you want.
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quote:Originally posted by keithsan: sell it when you are up or it looks like your gonna lose your shirt. take what the stock gives you, don't try and force it where you want.
this is excellant advise--couldnt agree more. its a lesson I'm still trying to learn
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<nobonemovies99>
unregistered
posted
Yeah, I don't know when I'm going to lose my shirt, thats the problem and my question.
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quote:Originally posted by <nobonemovies99>: Yeah, I don't know when I'm going to lose my shirt, thats the problem and my question.
ok, imagine a trade, you buy for a reason at say .01 that reason is you think its going to .o2 about ten minutes after you buy it is going backwards towards .01 then .009 then .0085,
you lost. sell.
if you buy something cuz its running up, sell when it stops because after it stops its running down.
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posted
In other words.. let your profits ride (ride your winning trades for all they are worth) and cut your losses (sell off your position when you know its a losing one like i did with IIP).. even if your only right about 30 to 40% of the time you will make money if you cut your losses and not get emotionally attached (fear and greed)to a stock ... .. the best way to make a decision of when to sell is by putting a stop/loss order or trailing stop/loss order on every trade you make so it automatically sells your position if it dips down to a certain price.. this way you are automatically committed to getting out of a losing position through your stop/loss order... plus this also locks in your profits on your winning trades... trading and technical analysis is really psychology of the market.. your analysing what the market is thinking and you are trying to predict what it's next move is with any particular stock.. thats why i dont put too much emphasis on Fundamental Analysis.. Fundamental analysis is great and all for telling you the financial health of a company.. but it doesn't tell you when to enter or exit a trade... thats why im a TA fan (candlesticks,MA, RSI/OBV, Volume etc.) ...A book i highly recommend you read is Market Wizards - Interviews with Top Traders by Jack D. Schwager as well as Reminisces of a Stock Operator by Edwin Lefèvre...
As for Moving Averages and how i use them... i tend to look for stocks trading above all 3 Moving Averages to enter a position because the stock will generally be on a uptrend and if in a downtrend then it usually bounces off the MA's (they are in essence the Support)and continues its uptrend for short periods of time so you can take multiple profits on just one stock by buying on its way up, selling it when its starting to go down and waiting for it to bounce off the MA's again to rebuy it .. another way to use MA's is to look for stocks just under the MA's and wait for them to "BREAKOUT" and above the MA's (in this example the MA's are the RESISTANCE)... All this you will learn in Toni's book NoboneMovies (did you name yourself after Ozzy Osbourne's song from his first solo album Blizzard of Ozz?)...
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"Fundamental analysis is great and all for telling you the financial health of a company.. but it doesn't tell you when to enter or exit a trade... thats why im a TA fan (candlesticks,MA, RSI/OBV, Volume etc.) ..."
Good point, Mach. Still, fundamentals are extremely important for longer term holds as opposed to day trading.
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EMTK = too low in price but its bouncing off of its 60 day MA if you want to stay in this stock..
MLON = I cant even see the Candlesticks on this chart and i have the chart set on BIG
FSIJ = read my comments for MLON lol
ONEV = I traded this one last year and made a nice profit when it reached a high of .18 per share.. i might consider this one again since i havent traded micro's in awhile now.. it looks good on the charts/TA so far.. RSI up, volume on the rise, Trading above its MA's... might swingtrade it..
SHRN = its Crash landing with no landing gear...
Hope i wasnt too harsh in my analysis but the only one in my opinion as of the present time to trade is ONEV..
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by pirateofwallst: Creating a penny mutual fund switching them around every few weeks as i see fit.. This week GXXL PCOR TTRIF all huge h=gainers.
DFCTF best stock 2005
GXXL = cant see the candlesticks but from what i can see from other indicators such as RSI/OBV, Volume etc.. it may continue in it's rise but be cautious and have a stop/loss
TTRIF = I cant even see candlesticks.. only Doji's.. dump it..
PCOR = RSI on uptrend and volume rising thats all i could see (uses magnifier but still can't see the candlesticks) .. if your a Micro trader this looks like a good one.. again stop/loss
DFCTF = RSI as well as volume on the rise.. positive candlestick .. do a short swing on this one with a stop/loss...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by keithsan: sorry mach, been busy work up and things goin on trading with one eye half open these days....
IIP looks awful ABMC had a great day so obviously good call Pyr interesting, some head room seems to be on support.... could be a good play uptrending.
VSYS is probably down your alley tho, give it a peak
IIP = its in a downtrend and heading towards its 20 Day MA.. I'm expecting it to bounce off the 20 MA if you want to do a swingtrade for a quick profit
ABMC = looks like i predicted right about it going down after that big surge in price this past Wednesday.. as with IIP.. this one should bounce off of its 20 day MA or if it goes below it should pull back.. another quick swingtrade profit..
PYR = bouncing off of its MA's as well.. never stays below them for long..
-------------------- Let the world change you... And you can change the world.
Below is a news release about ONEV.. do not know if you read it somewhere already but its one reason i think it will continue doing good on Monday or Tuesday...
Updated: 09:39 AM EST Intel to Demonstrate One Voice's Voice Controlled Media Center Communicator at 2005 International CES
LAS VEGAS--(BUSINESS WIRE)----One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that Intel Corporation will be demonstrating One Voice's Media Center Communicator(TM) at Intel's corporate press room at the 2005 International CES, held January 6th - 9th at the Las Vegas Convention Center, Booth #7155 located in Central Hall.
One Voice's Media Center Communicator is a complete multimedia communications package enabling users to voice navigate Windows XP Media Center, send E-mail, read E-mail, SMS text messaging to mobile phones, Instant Messaging, PC-to-PC audio and video calling and PC-to-Phone calling to any phone within the U.S. and Canada. Imagine walking into your family room and telling your Media Center to play music, play a photo slideshow, watch TV, read and send E-mail, call to order a pizza or Instant Message a friend. Media Center Communicator delivers on this vision today! For more information go to: http://www.onev.com/mcc.
"We are very excited to work with Intel to showcase the direction of digital home entertainment," said Dean Weber, president and CEO of One Voice. "Our Media Center Communicator gives consumers immediate access to digital music, photos, TV, e-mail and Voice-Over-IP (VoIP) calling from your in-home entertainment PC. Intel is an industry leader in shaping the direction of the digital home experience and we are very pleased to work closely with them."
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB:ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices -- all by using their voice. The company is headquartered in San Diego, California. For more information, please visit http://www.onev.com.
FORWARD-LOOKING STATEMENT DISCLAIMER
Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history.
The Cervelle Group Rob Karbowsky, 407-295-7878 407-295-4092 (fax) rob@thecervellegroup.com
posted
Mach, I use this handle for everything online and you're the first one to pick up on where the name is from. You'd figure more people would know, I mean he is OZZY. But yea, indeed this is after the OZZY song. You get the \m/ award of the week. What bands do you listen to?
posted
While your at it, pull out your TA magic and tell me what do with IFLB, I bought it friday at .80 thinkin g it was gonna pop back up, no such luck, it tanked. What do you think I should do about this one?
quote:Originally posted by Nobonemovies99: While your at it, pull out your TA magic and tell me what do with IFLB, I bought it friday at .80 thinkin g it was gonna pop back up, no such luck, it tanked. What do you think I should do about this one?
That one is not a TA issue, go to pinksheets.com and read the filing, i also posted it on the IFLB thread they are dilluting, meaning more shares on the market, this will cause PPS to drop daily until the shares have been obsorbed by the market place,
i think there is 70 mill being added (# could be off) after 70 million shares are sold into the market then you will reach that point.
you took a hit because you missed the filing, IMO get out while you can.
quote:Originally posted by Nobonemovies99: Mach, I use this handle for everything online and you're the first one to pick up on where the name is from. You'd figure more people would know, I mean he is OZZY. But yea, indeed this is after the OZZY song. You get the \m/ award of the week. What bands do you listen to?
Lots.. i been into metal since like the early to mid 80's (im 32) ... lately i been into extreme metal such as Old Man's Child, Mayhem, Emperor, Exodus etc.. I post on a bulletin board that might interest you.. www.ultimatemetal.com .. click on Community at top...then either Old School Forum or General Music Discussion Forum... im Unfaithfully Metalhead on that site/forums...I also listen to other music though since im older and wiser now and appreciate other music now lol plus i worked in record stores years ago in my early 20's so i was exposed to other music.. anyways about the stock... Keith pretty much summed it up... you can take his word as much as mine..
-------------------- Let the world change you... And you can change the world.
posted
Do not know if you were here last year EGrand but Qbid was pumped up by the board so much last year and when the pumpers made their money they dumped it and all others were left holding a empty wallet (not me.. i didnt enter this stock but i watched with interest) ...
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.. the best way to make a decision of when to sell is by putting a stop/loss order or trailing stop/loss order on every trade you make so it automatically sells your position if it dips down to a certain price.. this way you are automatically committed to getting out of a losing position through your stop/loss order... plus this also locks in your profits on your winning trades... trading and technical analysis is really psychology of the market.. your analysing what the market is thinking and you are trying to predict what it's next move is with any particular stock.. thats why i dont put too much emphasis on Fundamental Analysis.. Fundamental analysis is great and all for telling you the financial health of a company.. but it doesn't tell you when to enter or exit a trade... thats why im a TA fan (candlesticks,MA, RSI/OBV, Volume etc.) ...A book i highly recommend you read is Market Wizards - Interviews with Top Traders by Jack D. Schwager as well as Reminisces of a Stock Operator by Edwin Lefèvre... ![[Cool]](cool.gif)
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