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Sorry Bhodi. Hope you have some shares. mach
quote:Originally posted by Bhodisatva19: Anyone see a resistance point up ahead. My level II isn't working.(just like a blind man panhandling for money in Battery Park)
posted
One million is a pretty good lot to own. When we hit .04... That's $40,000 bucks... and that may very well happen. mach
quote:Originally posted by usasail: Nice Mach!!! Yep you'll be sleepin in a King size money bed soon when this thing goes eh'. I'll be sleepin in a twin size with a mill @ .0056 (avg) COMON CYTP!!!
posted
Good job! I always begin accumulating near the floor. Tried to let people know the psychology behind .0065. Hope some bought.... Tommorow. I see no reason for this not to be a strong up day. That close was strong and people really want their CYTP. I need to look closer at the chart... but you and I have been through many big up days after profit taking has occured. With the huge volume... who knows... skies the limit. mach
quote:Originally posted by Bhodisatva19: I picked up at .0068 today. How do you see this tomorrow?
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Buzz... If it was not for this post. I would have missed those two great buys @ .0069. It worked for all of us.... That's why I like the team work here. mach
quote:Originally posted by buzz: Get BAMM off the ask and we move. Good bid support at .0065. This could move very fast to the upside when it's ready. How long did it take to go from .0065 to .01??? It could make the same move again when the MM's are loaded up
posted
I jumped back in with .0068 too. Could only grab 250K since I buried the rest into a big position with AFRR yesterday. Wish I'd kept more cash free.
If this goes strong in the morning, I may have to take a partial hit on AFRR and move some back here. Dang, I hate second guessing myself LOL!
posted
Oh I just can't type fast enought cuz thems weren't posted yet....i'll try ta get bettah'. Maybe I'll be able to take a typing class after the dust settles on CYTP eh'
quote:Originally posted by Gamecock: Should have read Actually, Can't type !
posted
Denjohn... I think it will continue up. You could barely get a fill @ .0065 before shares were bought up today. I know... I tried to pick shares up all day in the mid sixes. I usually hope for a shake at the close so that i can pick some up below support... which is .0065 by the way. This is a very strong wall. There is a psychology behind why this wall exist. If you go back a few pages... and read my post... I think you will understand better. Only bad news should break that support. And if MM managed to bring it down there at all... it would only be brief... because the market would buy them up. I'd buy in as soon as possible. When you look for a bottom... you often miss out on much greater gains up above. That's why I just grabbed a bunch of shares @ .0069 today. I hate missing out on a big run... and I honestly believe that this is only the beginning. Much more to come. mach
quote:Originally posted by denjohn1000: I have to admit, nice close. I still think it will go down some more tomorrow (I hope so for my sake, so I can still get some cheap)
posted
Mach, No matter what happens, I will be in front of my screen at 9:30am or maybe 9:45am tomorrow, and I will buy me some CYTP again. If I can buy it around .006,GREAT, if not, I will still get in for the ride.
I hope after all this red today, we will see some nice green in all our stocks.
quote:Originally posted by denjohn1000: Mach, No matter what happens, I will be in front of my screen at 9:30am or maybe 9:45am tomorrow, and I will buy me some CYTP again. If I can buy it around .006,GREAT, if not, I will still get in for the ride.
I hope after all this red today, we will see some nice green in all our stocks.
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Mach, Me too. You know I am still trying to learn how to really read these charts. But no matter what happens, I am having a blast doing it.
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The charts say a lot. But always remember that there is a psychology that works the market too. After all... we are human.
It applies to CYTP also: There had been a wall of resistance @ .0065 for several weeks. Each time it reached that point, profit taking would occur. It was where the Bears overpowered the bulls... There was more supply than demand.
Now after we broke that point... there was little resistance. The people that bought below that point expected greater gains. Most people look for a 100% ROI before selling these hot penny stocks. Therefore we surged to .013 (.0065*2) One hundred percent. Weird isn't it. I myself though it would go higher.
When profit taking kicked in... which is common... it went down... all the way to .0065... The previoous resistance...
Why there. Because all the people whom missed the last run have psychologically made this the place where they want to enter for another run. Those who bought below that and are holding are not going to sell after holding for so long. A floor has been created. Where strong resistance once was... you now have a very strong floor. The Bulls now overpower the bears at this price point. There is more demand than supply.
Now these walls don't always hold up perfectly... maybe for a short period of time... MM may test these resistance levels... testing support and resistance.
If you are lucky enough to grab some shares on a move like that then lucky you.
Hope this psychology helps. I do have two degrees... in Psychology and Marketing. Mach
quote:Originally posted by denjohn1000: Mach, Me too. You know I am still trying to learn how to really read these charts. But no matter what happens, I am having a blast doing it.
posted
Check out the 5-day dot chart for this stock. It seems to show a VERY clear base between .006-.0065.
Kevin
quote:Originally posted by machtabow2: Denjohn,
The charts say a lot. But always remember that there is a psychology that works the market too. After all... we are human.
It applies to CYTP also: There had been a wall of resistance @ .0065 for several weeks. Each time it reached that point, profit taking would occur. It was where the Bears overpowered the bulls... There was more supply than demand.
Now after we broke that point... there was little resistance. The people that bought below that point expected greater gains. Most people look for a 100% ROI before selling these hot penny stocks. Therefore we surged to .013 (.0065*2) One hundred percent. Weird isn't it. I myself though it would go higher.
When profit taking kicked in... which is common... it went down... all the way to .0065... The previoous resistance...
Why there. Because all the people whom missed the last run have psychologically made this the place where they want to enter for another run. Those who bought below that and are holding are not going to sell after holding for so long. A floor has been created. Where strong resistance once was... you now have a very strong floor. The Bulls now overpower the bears at this price point. There is more demand than supply.
Now these walls don't always hold up perfectly... maybe for a short period of time... MM may test these resistance levels... testing support and resistance.
If you are lucky enough to grab some shares on a move like that then lucky you.
Hope this psychology helps. I do have two degrees... in Psychology and Marketing. Mach
------------------ "I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
posted
By looking at these past five days... it looks like cytp just once to go up. The volume continues to be astronomical as compared to the float. Imagine dropping a PR... any PR into the pot. Wow! Explosive potential. Notice up on huge volume. Down on lighter volume. MM are doing there best to shake this baby for shares. Not getting mine. mach
posted
If it goes back up over .01, they're getting 80% of mine.
Kevin
quote:Originally posted by machtabow2: By looking at these past five days... it looks like cytp just once to go up. The volume continues to be astronomical as compared to the float. Imagine dropping a PR... any PR into the pot. Wow! Explosive potential. Notice up on huge volume. Down on lighter volume. MM are doing there best to shake this baby for shares. Not getting mine. mach
------------------ "I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
posted
Well all I say is "Shake that can of pop." As i said below .0065 when everyone kept profit taking... Once it broke that resistance level... it surged. I was right there.
I keep on looking at this chart. I honestly think that by Thanksgiving this may be .04-.05. Chaklin Money Flow, MACD, Volume are just unbelievable.
As I've said from day one... This is simply the strongest penny stock on the market. And best of all.... we are doing this with no news. I believe something big is forthcoming. I don't know when we will learn what it is... but it could be any day. And if you add to our 300 million volume days... With good news we could trade twice the float or more. If you bought 1 million shares... and went on vacation for about 4 weeks... with the way things are flowing here... you could come back to $50,000 by Thanksgiving. That's a big return on a small investment. After seeing ADOT's big move with a billion plus float. We know it's very possible. mach
quote:Originally posted by kevinbailey: If it goes back up over .01, they're getting 80% of mine.
posted
Mach, This is the first time I have posted but I just wanted to thank you for sharing your knowledge of the market with everyone. I commercial catfish for a living and durring the hot months of summer it is pretty slow so I have plenty of time to trade. I got in on cytp @ .0048 with 350000 shares the other day before the runnup. Sold 200000 at .012 and still have the other 150000 free shares. Also got 350000 shares of afrr @ .0052. Anyway I just wanted to say thanks for your picks as they will surely help pay the bills this month. P.S. If you ever need any catfish just yell.
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Nothing wrong with a little extra cash. It's nice to see that you are carrying Free Shares with CYTP. AFRR has a much larger float... so the moves are not as dramatic... but this is definitely the time to own if ever.
Well lets see. You made an extra $1440 bucks in the past few weeks... (I think) . That's pretty good. Plus you are now holding Free shares with CYTP. Not a bad deal. Wow... if it makes the run I expect within the next four weeks...your free shares will be worth $7500 by Thanksgiving. Not bad. Great Expectations. You never know.
There are plenty of more knowledgeable people on this board. I often just rattle off what I've learned elsewhere. We have helped each other. Of all the message boards... this one is the most supporting of each other. We have all gained a lot together.
I haven't been catfishing in years. Actually... I don't know if you qualify "Bull Heads" from the lakes of Northern Michigan as "Catfish". I live in Orlando now.... havent been fishing in years. Tried to go a few weeks back on the ocean in Naples... but it didn't work out. I do need to get out there though.
mach
quote:Originally posted by catfish: Mach, This is the first time I have posted but I just wanted to thank you for sharing your knowledge of the market with everyone. I commercial catfish for a living and durring the hot months of summer it is pretty slow so I have plenty of time to trade. I got in on cytp @ .0048 with 350000 shares the other day before the runnup. Sold 200000 at .012 and still have the other 150000 free shares. Also got 350000 shares of afrr @ .0052. Anyway I just wanted to say thanks for your picks as they will surely help pay the bills this month. P.S. If you ever need any catfish just yell.
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I wonder if we have all of the US covered... I know that we have Florida, North Carolina, Mississippi... I believe someone from Toronto... Wonder if we have any people from the West Coast? mach
quote:Originally posted by Power106: Hey Catfish guy......I am in Mississippi....You would not happen to be here would you?
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Mach, Mississippi is the Catfish Farming Capital of the World.....I figure he must be from here.......Did you get the Yanks/Marlins under 8.5 runs?
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Not sure who I'm routing for in this Series... Like the Yanks... Friends of the Boone Family. But of course I am from Florida. Yanks always seem to pull it off. mach
quote:Originally posted by Power106: Mach, Mississippi is the Catfish Farming Capital of the World.....I figure he must be from here.......Did you get the Yanks/Marlins under 8.5 runs?
posted
My brother married a girl from Gieben... Germany. He's military and now they are in Georgia about 1.5 hours from Savanah... I can't think of the city. Starts with a B. I think. mach
quote:Originally posted by denjohn1000: I am originally from Germany, got me a green card, but now I live in Savannah, Georgia
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Power, What the heck is that supposed to mean, up to no good. I didn't have no choice but to come here. Stepdad is american and got transfered to Georgia from Germany. So we moved over the big river in '99.
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Denjohn... how do you like the USA as compared to Germany? I've only been there a few times... and visited Frankfurt. Seemed like everything and everybody was very organized... very structured. mach
quote:Originally posted by Power106: We better watch this denjohn1000 guy......I am sure he is up to no good here in the US....
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