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Author Topic: I got a strange feeling about MGEN today!!
RCAnalyst2007
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Just wondering, how long accumulations gonna take?
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jordanreed
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29th vol 35,069,475
30th vol 16,317,310
31st vol 9,638,210
3rd vol 7,258,854....

"Volume should convince you. Second highest one I believe"...RC

No Rc, you are wrong again.. it is slowly decreasing since the 29th ,as i alreaDY STATED

simple chart reading is all this takes

--------------------
jordan

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Johnwayne
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Alright I moved a small amount in. Now let's get past today's HOD tomorrow. If I see it break .04 tomorrow I will dump more in.
I still like how level two looks with 8 on bid at .03 and only 5 on the ask between .0305 and .04.
.04 will be the challenge tomorrow with 3 mm's sitting on the ask at .04.

What I like is RSI is at 55 now and doesn't hit 70 until .0636

What worries me is USBSS sitting at .0319 and support is not until .0273.
That was what I was waiting for today. But I want to play this again while volume is high and see what it can do with level 2 looking as nice as it does.
But I will sell if it gets close to that .0273 and buy back in later.

RCA- what you got for tomorrow?

--------------------
Thanks Matto. Thanks Juice.

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Johnwayne
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From last letter to investors (taken from another board)

________________________________________________
Although we believe that our weight loss program will substantially raise the level of the company, we have held back its introduction until a settlement of the above judgment issues have been reached. In doing so we believe we have protected our shareholders and the company from any protracted disputes. During this hiatus period, we have fine tweaked all elements of distribution making sure that when we are good to go, we go good. I can tell you I am excited! We are preparing for a mid March launch.
_________________________________________________

So they delayed the launch until the lawsuit was settled and it was settled today.

--------------------
Thanks Matto. Thanks Juice.

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RCAnalyst2007
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quote:
Originally posted by jordanreed:
29th vol 35,069,475
30th vol 16,317,310
31st vol 9,638,210
3rd vol 7,258,854....

"Volume should convince you. Second highest one I believe"...RC

No Rc, you are wrong again.. it is slowly decreasing since the 29th ,as i alreaDY STATED

simple chart reading is all this takes

Not really. I meant second positive day volume.
Also, New rally usually starts when volume trianglates downward.

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Johnwayne
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RCA- what is positive day volume?
Any thought on tomorrow?

--------------------
Thanks Matto. Thanks Juice.

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RCAnalyst2007
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I'm trying find a pattern that is similar to what we had today. This is the closest I can get.

http://www.leavittbrothers.com/education/candlestick_patterns/bull/ladder_bottom _bullish.cfm

Read it.
Only it's more bullish.
It should be good day tomorrow.

And I will you a chart shortly.

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knicks321
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RCA whats a good price to buy MGEN at?
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RCAnalyst2007
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Here is the chart..

http://sharefiles.us/72582156.sf

-We should stay in between regression line.

-It's clear that we had 50% correction.

-Correction high is regression upper band, correction low is regression lower band

-Tomorrow we need get inside the regression area since had the bottom confirmation with the ladder bottom pattern.

-We should pass breakout line (green) and continue stay within the lower regression area.


Note: Next three day pattern could be diffent than what I have in this chart but price should stay in the regression area.

Let me know if you have any questions.

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jordanreed
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i have a question

--------------------
jordan

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RCAnalyst2007
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oh oh.. it's jordan...come on hurt me..
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T e x
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RCA,

ever figure out that connection?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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RCAnalyst2007
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quote:
Originally posted by BuyTex:
RCA,

ever figure out that connection?

No, I didn't look. It's not that important really.
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jordanreed
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wouldn't think of hurting you...I'm a pacifist at heart. Whats in a Pina Colada?

--------------------
jordan

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T e x
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quote:
Originally posted by RCAnalyst2007:
quote:
Originally posted by BuyTex:
RCA,

ever figure out that connection?

No, I didn't look. It's not that important really.
interesting...

if not "that important," why post to peeps a connection to a major company?

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jordanreed
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I have an answer to that one

--------------------
jordan

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Sunnyside
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quote:
Originally posted by RCAnalyst2007:
quote:
Originally posted by BuyTex:
RCA,

ever figure out that connection?

No, I didn't look. It's not that important really.
Well it seemed important to you when you posted it and asked for help with DD'ing it. So here's one response I received so far.

Dear Sir,

Thank you for your query. There is no relationship between Medgen Inc. in Lebanon and the MedGen that you refer to in the United States.

Regards,

IR Generex Biotechnology Corp.


--------------------------------------------------------------------------------
Sent: Saturday, April 01, 2006 5:30 PM
To: info*generex.com
Subject: Medgen question


I recently read the news release relating to Generex and Medgen in Lebanon. I am interested in learning whether there is a relationship between this Medgen in Lebanon and the Med Gen in the U.S. Med Gen in the US is a publicly traded company registered in Las Vegas and has products that use an oral delivery system. Med Gen is being promoted as being the private owner of Medgen in Lebanon.

Your feedback would be appreciated.

RC - I hope this helps.

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jordanreed
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silence from MR. STOCK GURU KNOW EVERYTHING

--------------------
jordan

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RCAnalyst2007
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Your DD is appreciated Sunnyside. Thanks for clearing that up. Next time, I'll be carefull with my grammer. Instead of saying "I think there is a connection" should say "I think there might be a connection" or even better say it like, less arrogant way with more team work mentallity "Do you guys think that there would be a connection between these companies?"

I will do that. All I want is respect.

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Sunnyside
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quote:
Originally posted by RCAnalyst2007:
Your DD is appreciated Sunnyside. Thanks for clearing that up. Next time, I'll be carefull with my grammer. Instead of saying "I think there is a connection" should say "I think there might be a connection" or even better say it like, less arrogant way with more team work mentallity "Do you guys think that there would be a connection between these companies?"

I will do that. All I want is respect.

Cool. You're welcome.
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jordanreed
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thats a start...nothin wrong with humility
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RCAnalyst2007
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quote:
Originally posted by RCAnalyst2007:
Here is the chart..

http://sharefiles.us/72582156.sf

-We should stay in between regression line.

-It's clear that we had 50% correction.

-Correction high is regression upper band, correction low is regression lower band

-Tomorrow we need get inside the regression area since had the bottom confirmation with the ladder bottom pattern.

-We should pass breakout line (green) and continue stay within the lower regression area.


Note: Next three day pattern could be diffent than what I have in this chart but price should stay in the regression area.

Let me know if you have any questions.

Any comments?
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RCAnalyst2007
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I'm a fast learner guys. I'll match-up with you as long as you don't be enemy with me.
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jordanreed
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i feel dirty...I'm gonna go take a shower

--------------------
jordan

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RCAnalyst2007
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So, no comments.. come on.. I hope I'm not only technical person here..
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T e x
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quote:
Originally posted by RCAnalyst2007:
I'm a fast learner guys. I'll match-up with you as long as you don't be enemy with me.

we'll see...
lol, gotta say...you don't seem that fast a learner: we started this on the DVFN thread--proceed at your own new, enlightened pace...

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RCAnalyst2007
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quote:
Originally posted by BuyTex:
quote:
Originally posted by RCAnalyst2007:
I'm a fast learner guys. I'll match-up with you as long as you don't be enemy with me.

we'll see...
lol, gotta say...you don't seem that fast a learner: we started this on the DVFN thread--proceed at your own new, enlightened pace...

What do you mean?
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RCAnalyst2007
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The only reason I'm at this site is because I like to share my predictions and expectation and learn from your experience also. I will learn anything which makes my predictions better.

-Any analytic skill, technics, methods you have.
-Any tools you use
-Any mistakes you learned.

Last thing I expect is to be wrongfully accused, gain enemy, argue or ignored.

So, please stop treating me like enemy.
There is more power when we work together (not meaning group play. :) )

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T e x
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easy, bro...

no wild claims, no rumors--

might good for you to post annotated charts

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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RCAnalyst2007
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Here is my prediction chart..

http://sharefiles.us/72582156.sf

-We should stay in between regression lines.

-It's clear that we had 50% correction.

-Correction high is regression upper band, correction low is regression lower band

-Tomorrow we need get inside the regression area since had the bottom confirmation with the ladder bottom pattern.

-We should pass breakout line (green) and continue stay within the lower regression area.


Note: Next three day pattern could be diffent than what I have in this chart but price should stay in the regression area.

Let me know if you have any questions.

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Repoman75
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I got a strange feeling about MGEN today...

No wait, that's just the Thai food I ate last night.

--------------------
Stick with Repo's plan in '07 - FRPT/DKAM!

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RCAnalyst2007
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Thanks for the valuable information. That spice will kill your stomach. My suggestion would be, exit spicy food. Make sure you make your DD about the spices before you buy it. On the other hand Thai food is an above average food and it tastes good. You might as well hold it.

[ April 04, 2006, 08:49: Message edited by: RCAnalyst2007 ]

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jordanreed
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thai food is OK, but that thai stick was much better

--------------------
jordan

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RCAnalyst2007
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This morning opening price should be within the regression area which suggests minimum 0.035
Here is the chart..

http://sharefiles.us/72582156.sf

-We should stay in between regression line.

-It's clear that we had 50% correction.

-Correction high is regression upper band, correction low is regression lower band

-Tomorrow we need get inside the regression area since had the bottom confirmation with the ladder bottom pattern.

-We should pass breakout line (green) and continue stay within the lower regression area.


Note: Next three day pattern could be diffent than what I have in this chart but price should stay in the regression area.

Let me know if you have any questions.

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jordanreed
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repost..we've read that before..numerous times

--------------------
jordan

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