FATB was a monster today. As I said yesterday, these small float wonders are just going nuts. NTOP, mentioned yesterday, had a 15 point swing today. FATB, 3mil float. NTOP, 5.6 mil float. EBAY, also mentioned yesterday, still the best trader, good for a 10 point swing today. Not a small float, but it sure likes to be played by just about everybody.
RRC, my fav oil/natgas play, spiked the last hour today.
Kevin, as for T, it still looks weak, and I think my t/a is still valid on it. I shorted it, with puts, so I put my money where my mouth was, and at that time it was much higher. (there are some 2,3,and 4 cent deals in the works by some other players)
As to the vacation, I just can't get away from the markets. Way too much money to be made....
As for China, do you know they now basically control the Panama canal? And, thou most of out navy ships are to big to go thru, they have the contract right to specifically refuse service to our ships. Nice huh?
That Chicago purchasing managers report that came out a day early, and was nasty, provided a great, cheap entry point. Again, the traders thumb their noses at the fundamentals. Go with the flow, I guess.
One of our little micro caps that we usually play from the buck area has crossed into the good side of several indicators, ONSS. No idea when it will run, but it is in the correct technical position to do so.
What have I been missing on the thread? |