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Messages - bigal

#1
 ;D  Yeh! these penny's can be addicting but few winners and it's like watching paint dry.
        Still dabble but the real money is on options. Just spent the last few days playing puts on the Nas. and S.W.H The charts showed a definite downward trend for the last few days so I took advantage. Like taking candy from a baby. Then Tues. before close a tidal wave indicator so got a lot of coal calls as this heat wave is going to have the coal plants running 24/7 for all the a.c. units. Should be good for a little while . -up already- As long as the sandheads in Iran don't do anything more stupid .
Good Luck on your Penny's!!! :o
#2
Major World Indices / Re: Potential Bottom NASDAQ
July 13, 2006, 04:01:09 AM
               

               Surely looks good on a short term look but on a longer look it has more pessimistic signs.         Prices 50 day average remains well below the 200 day average and the gap between the 2 are growing rather than shrinking.
                 Momentum heads more into negative territory. and MACD's faster leading line is crossing back under the trailing average,a combined signal.
                  This indicates price is about to enter into a four day downstroke about 80 points.
                   A good time to short the Nasdaq.
#3
          Elite-g
What's your take on xsnx? It was going up great and supposed to be a big winner and now is half what I bought in. Think this is temp. or just the beginning of a loss?
Looks to be holding it's own now and maybe going up? ???
Thanks bigal