posted
Joe I MUST agree with you and the chart!! MSEP last weeks sell pushed the MACD down but the candles are burning and the RSI looks great!!! You do have talent
-------------------- Fear Profits a man nothing!! 13th warrior--- we make 13.5
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quote:Originally posted by kilikili: I think MM's are keeping everything down across the board imo. It's almost better not to play, again imo.
I completely with you Kill, I have hundreds of pennies/subpennies on my Ameritrade and Scottrade streamer, and what I notice is that the MM's will drag down the PPS 10 to 25% in the Red and somewhere between lunchtime and early afternoon, they'll slowly bring it back up anywhere from 5 to 10% in the green, and back in the red again where it stays till EOD.
This shows they're playing the dip and making anywhere from 20 to 40% profit in any given day without any substantial PR's. I wish I had my hands on whatever buttons they're over there pushing. It would be greens everyday...LOL.
-------------------- Ride the Wave Baby!!!!!
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quote:Originally posted by kilikili: I think MM's are keeping everything down across the board imo. It's almost better not to play, again imo.
I completely with you Kill, I have hundreds of pennies/subpennies on my Ameritrade and Scottrade streamer, and what I notice is that the MM's will drag down the PPS 10 to 25% in the Red and somewhere between lunchtime and early afternoon, they'll slowly bring it back up anywhere from 5 to 10% in the green, and back in the red again where it stays till EOD.
This shows they're playing the dip and making anywhere from 20 to 40% profit in any given day without any substantial PR's. I wish I had my hands on whatever buttons they're over there pushing. It would be greens everyday...LOL.
I would have to disagree with you guys.
These pos stocks are falling bcs. of a total lack of buyers, while there are always a lot of sellers.
The natural price of all these loss-making shells is around 0.0001.
I have 4 merger plays right now that did nothing today, one went up but hardly traded. I wont mention them bcs. no one here will buy them so why bother?
This site loves pos stocks, and the sames ones for months on end like cwfg and rshn.
I think most of you guys should sell everything now for a loss, pinks first. They are not going back up.
There will be more hot sectors in the future, very very hard to plays those.
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I am starting to feel that Coulda Woulda's points have some merit. I am strictly day trading and am up pretty big but, you know I have had a rough stretch here the last few days. And although I do feel that it is smart to use a percentage of your money for quick plays, I also am beginning to search for long term, stable stocks I can put some profits into. As my money has increased I have become too sloppy and careless with my plays and it has cost me. While I will always play daytrade and that is where my heart is, I plan on taking profits and putting into long term plays, possibly on a higher exchange. Not sure you can play long down here. Than keep a base amount for day trading. Problem is you can lose it as fast as you earn it, as alot of us are finding out now. Good luck all and thanks for advice Woulda.
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ckei had good rev news FPPL due for some upward movement according to positive chart readings..rsi holding above 50 ...couple of good candles last two days ....
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