don, there is an island somewhere you can fly to forever. I live there, and when this "comatose cow," as you put it, does the "hey diddle, diddle" number, you'll be able to get that getaway in spades.
NOTE: Don't worry too much about the closing price each day. If it will make you feel better, go to bigcharts.com, choose the 1-day, 1- or 5-minute frequency, and select "VOLUME BY PRICE." This will display in graphics what Bill III has been posting for months: the percentage of money flowing into, or out of, an issue at the various trading prices. E.g.: Today, even though the close was .85 (only .02 above the day's low) the vast majority of trades took place over .875, with over half of that just over .9375. The graphs are not as precise as Bill's tabular data, but they are easier to read the "sentiment," and can tell the story much better than just looking at the closing trade of .85, which looked to be only ±2000 shares out of a total of 279,600.
Hope you can use this,
M. |
