SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (61483)3/10/2006 3:38:57 PM
From: tom pope  Read Replies (1) | Respond to of 206183
 
Every attempt at a rally is snuffed out as soon as it begins.

It's tempting to increase positions, but I remind myself of what dabum said some time ago - the "fear of missing out" can lead you into nasty situations.



To: CommanderCricket who wrote (61483)3/11/2006 12:19:34 AM
From: chowder  Read Replies (1) | Respond to of 206183
 
Here is a chart analysis I provided back on Feb 17.

stockcharts.com[h,a]waclyiay[d20041017,20060217][pb40][vc60][iut][J61596812,Y]&pref=G

Bringing the chart up to date and we see where price sought out the congestion that formed a year ago.

stockcharts.com[h,a]waclyiay[d20041017,20060310][pb40][vc60][iut][J61596812,Y]&pref=G

Feb 7 provided the clues for NBR.

stockcharts.com[h,a]dahlyiay[d20051127,20060207][pf][vc60][iut][J70583437,Y]&pref=G

High volume around pivot points often signal the next leg. Here's the up to date chart.

stockcharts.com[h,a]dahlyiay[d20051127,20060310][pf][vc60][iut][J70583437,Y]&pref=G

dabum



To: CommanderCricket who wrote (61483)3/11/2006 11:00:12 AM
From: RealMuLan  Respond to of 206183
 
PTEN -- the chart shows it has been consolidating bet. $25.5 and $27 for the last 4 days. So this will be a safe range before earning. And after earning, as long as they do not give any bad news (I doubt they will due to their recent presentation), and as long as all paper work related to the scandal is done, and the board agrees to buy shares back,the stock may not go lower. Who knows? Due to this year much early sell off, so it is possible there will be no more sell off in April and May<g>

Notice the following chart, the money flow index is up. I guess that means the shorts are covering, and they have a hard time to send stock lower in near term.
stockcharts.com