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.
Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas) -- Ignore unavailable to you. Want to Upgrade?


To: littlebitmoore2 who wrote (555)3/19/2014 11:09:57 PM
From: Blasher  Read Replies (2) | Respond to of 4369
 
I see some more Down . . 3.40 might be tested real soon.
Today's candle does not look very Bullish . . kind of weak looking actually.
I am not entering DRYS yet.



To: littlebitmoore2 who wrote (555)4/2/2014 1:20:56 PM
From: littlebitmoore2  Respond to of 4369
 
Blasher,

In the post I am replying from that I wrote on 3/19/2014, ORIG was the next day giving a presentation or had an announcement, or quarterly report (I apologize for not remembering accurately - Fintas probably remembers exactly what was scheduled on the 20th and can help me out). My comment that "hopefully tomorrow DRYS will leave the $3's for a long time, was based on anticipation and hope that something positive for DRYS (positive for ORIG is positive for DRYS, based on ownership and association), might come out of comments made in the ORIG presentation.

While you may have perceived that I was being bullish when I made that statement, it was based on hope (not hype), and I had already posted the RS #'s DOWN as I anticipated and could see the DOWN in the DRYS stock. SO I was not being bullish, only hopeful perhaps, and had not changed my call for more down.

I don't know if this helps you to see that I did not deviate from what the PnF charts and the RS #s were telling me - that more downward movement in the DRYS stock price was expected.
LBM



To: littlebitmoore2 who wrote (555)4/2/2014 1:20:57 PM
From: littlebitmoore2  Read Replies (2) | Respond to of 4369
 
Blasher,

In the post I am replying from that I wrote on 3/19/2014, ORIG was the next day giving a presentation or had an announcement, or quarterly report (I apologize for not remembering accurately - Fintas probably remembers exactly what was scheduled on the 20th and can help me out). My comment that "hopefully tomorrow DRYS will leave the $3's for a long time, was based on anticipation and hope that something positive for DRYS (positive for ORIG is positive for DRYS, based on ownership and association), might come out of comments made in the ORIG presentation.

While you may have perceived that I was being bullish when I made that statement, it was based on hope (not hype), and I had already posted the RS #'s DOWN as I anticipated and could see the DOWN in the DRYS stock. SO I was not being bullish, only hopeful perhaps, and had not changed my call for more down.

I don't know if this helps you to see that I did not deviate from what the PnF charts and the RS #s were telling me - that more downward movement in the DRYS stock price was expected.
LBM