Author
Topic: AMEP
glassman
Member
posted April 20, 2005 15:39
funny thing about charting:
Posts: 36378 | From: USA | Registered: Sep 2003
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keithsan
Member
Member Rated :
posted April 20, 2005 15:41
?????? are you saying oversold stocks only can be naked shorted??? i find this line of thinking odd. no offense.
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Raptorsrule
Member
Member Rated :
posted April 20, 2005 15:44
[QUOTE]Originally posted by glassman:charts work because people BELIEVE they do...
Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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glassman
Member
posted April 20, 2005 15:44
most naked shorting that i see show up on the SHO list is done because of fundamentals...
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keithsan
Member
Member Rated :
posted April 20, 2005 15:48
thats exactly why techs work but the naked shorting stuff reminds me of voodoo
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glassman
Member
posted April 20, 2005 15:49
the MM's will "borrow" some shares when a stock is approaching oversold....they know they can get them back as long as no big news pops....
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Raptorsrule
Member
Member Rated :
posted April 20, 2005 15:53
You guys crack me up...LOL....almost as comical as AMEP's MMs....
Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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glassman
Member
posted April 20, 2005 15:54
that's dexter to you... as in poin... LOL
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keithsan
Member
Member Rated :
posted April 20, 2005 15:56
did not have question, found it weird that people think they can tell that mms will short sumptin thru technicals (not just peaser but there is a bunch of RSI voodoo going on) market is boring so i started fishing it....
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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glassman
Member
posted April 20, 2005 15:59
i don't see any big difference in the patterns...
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Raptorsrule
Member
Member Rated :
posted April 20, 2005 16:04
Well hell....no EOD run today.....
Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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Peaser
Member
posted April 20, 2005 16:06
When Daily RSI is over 70 for multiple days at a time, there's a pretty good chance that the stock has been shorted. Glad I sold my SMTR the day before it showed up on the SHO today. LOL
Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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Peaser
Member
posted April 20, 2005 16:09
Lookin good for tomorrow
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keithsan
Member
Member Rated :
posted April 20, 2005 16:09
I don't know peas....been doing this a while too, hell MLXO was on and chart was not oversold.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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Peaser
Member
posted April 20, 2005 16:11
It probably didn't stay on long then is my guess. MSEP was on there for 20+ days after it's big run to .09. Now that was oversold.
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glassman
Member
posted April 20, 2005 16:13
MSEP had NO underlying fundamentals--they knew that, so they were selling very carefully into that one...
Posts: 36378 | From: USA | Registered: Sep 2003
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cruz
Member
Rate Member
posted April 20, 2005 19:17
my fault there keithsan. I have a group behind this pumping up this RSI theory. not ready to dump it yet. quote: Originally posted by keithsan: what is up with you RSI # people, its a weird cult lately.
Posts: 1421 | From: USA | Registered: Dec 2004
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cruz
Member
Rate Member
posted April 20, 2005 19:27
the chart is looking interesting. do i not see a cup and handle scenario here. this looks like it will take off soon.
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keithsan
Member
Member Rated :
posted April 20, 2005 19:53
quote: Originally posted by cruz: the chart is looking interesting. do i not see a cup and handle scenario here. this looks like it will take off soon. uh oh, cruz has been studying formations. ...
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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cruz
Member
Rate Member
posted April 20, 2005 21:41
keep sending those charts keithsan
Posts: 1421 | From: USA | Registered: Dec 2004
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G_Ho
Member
Member Rated :
posted April 21, 2005 09:22
good morning everyone.
Posts: 746 | From: Pawtucket, MA | Registered: Jan 2005
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Peaser
Member
posted April 21, 2005 10:01
I'm trying to accumulate more at .02
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keithsan
Member
Member Rated :
posted April 21, 2005 10:04
quote: Originally posted by cruz: if it breaks 0.025 - i am in. ALMOST there CRUZ .02x .021
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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Peaser
Member
posted April 21, 2005 10:04
Sweet, my order filled!
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glassman
Member
posted April 21, 2005 10:28
rising on light volume is a VERY good sign cruz...
Posts: 36378 | From: USA | Registered: Sep 2003
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keithsan
Member
Member Rated :
posted April 21, 2005 10:31
quote: Originally posted by cruz: doesn't that make you nervous - low volume? as glassman said, excellent sign, plus i'm watching a majority of buys here. Also, i'm not one of those scared of low voluem I own OCGT and there is no volume but I'm up nicely
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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Peaser
Member
posted April 21, 2005 10:33
The volume will come, just give it a little time.
Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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keithsan
Member
Member Rated :
posted April 21, 2005 10:38
when sellers are at .021 and buyers at .02, you have no one selling to the .02's its a very good sign.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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