3SOF

Volume is picking up a bit,,,I would like to see more then just 2 back -to back days of 1 million shares traded.though..The last time was in june04.and april04..biotechs were hot. I will post some harmonics next.

I am starting to like this play.  Picked it up on my radar today. May look to get in tomorrow.

VION....Nice move last few days no doubt.....However I dont see this stock going much above the $2.75 - $2.90 level on this break out......Look for the stock volume to dry up and a temp pullback in this area to consolidate......Lots of losers brought this stock down and lots of resistance going back........will watch and on pullback to the $2.40 - 2.50 level and (IF) buy volume starts coming in I might take a position........If stock runs off and leave me here I will find another, just that simple....Right?  Do your on DD though......and Happy trading!
Bill the Bull

K,,Here my thoughts on this,,going back to VION last November.high..i came up with these harmonics...stress points...=.886 harmonic..$2.39....the next is a Lucas harmonic which usually I find to be quite accurate,,=.854...$2.49...next is a fibo ..=.786..$2.71....next is a SS harmonic...707..$2.96...I see a double bottom,,2 low is higher then the first which is a postive,,,nice Candle,,,a modified Bull Hammer....TSF indicator is positive at the moment,so here what I think...i agree with gabillh that there could be a slight retracement,,but it you bought it at the bottom you are ahead on profits..i say if you want to buy then wait till it hits 2.39....then there is some extra room to work with .just my thoughts...Good Luck to anybody who is in..

VION........Thats some heavy stuff there "weightlifter" pardon the pun.....LOL
Everything you are saying I agree with, however not everyone understands it all.....not even I, But the $2.39 is too precise.....I'll stick with a retest to the  $2.40 - $2.50 level....(You know we both may be wrong) so I still advise everyone to do the DD on their own....wouldnt want to have someone mad at me.....but in doing their own, they can keep this in mind..Roger?

happy trading     Bill the Bull

"Harmonics" are for lack of better terms,a expanded Fibonacci system.I find them better for several reasons.#1 At least for me,I find Fibo a little too limited and vague on expansions and break outs.when to sell.#2 They are different ratios at times from the normal fibo.,and at times I find them to be more accurate.#3 For me i dont like to use the 50 or 200 MA to confirm buys and sells.I rather use one of these,,especially if the current wave is say for example 10 days,i still will look at the MA but they do lag at times..#4 I use Harmonics for exact stops,,,At least for me I find that if put I in a stop its based on my own emotions and feelings,at times i will be a little too quick to sell.When I use a harmonic as a stop,All my subjective feelings are taken out of the evaluation process..I agree with you ,nothings perfect.Other wise I would have made my fortune by now and be sitting anywhere else instead of being in front of this computer lol

Bought VION today at 2,55, thanks for this good pick, I like it.

Think it will double in a few months, SP crossed above the weekly 10 SMA,
which is abullish sign I think.

Good luck for the longs.

therman

VION seems to make a nice jump today again. Look at the five day chart, isn´t it nice?
It´s one of the most promising charts I´ve seen in the last week. 


Good luck to all longs

Some news about the Institutional Ownership in this stock:

Institutionals held now 58,35% in this stock,  last week there were 56% held by them.

Jay Goldman increased his stake by more than 840% from 133.000 shares to 1.259.000.


Think that´s real good news....


Good luck to the longs

small investor, chart looks real impressive. Good pick and pardon my ignorance, who is Jay Goldman? He is not one of the officers of the company.
I will probably buy today.
TIA
P

hello pete, something for you:

GOLDMAN JAY G 
152 W 57TH STREET 
NEW YORK, NY 10019 
212 262 4348 


He helds a portfolio with a total market value in the size of 378 Mio$.

Hi small investor,

can you give the link where you can see the institutional ownership?

Thanks.

therman

hi therman,

your wish is my command...


http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=vion&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=Institutional&mkttype=&pathname=&page=holdings&selected=VION

A very interesting situation seems to come next week. VION has made a little break in the last days but I expect it back to take the 3+ monday or tuesday.
Will go fishing for cheap shares at mondays first hour but not shure I can catch them with my limit...


We`ll see, good luck to longs

Hello again,

seems that someone has done the same like I : fishing 
       
...fishing for cheap shares I mean!

Let´s have a look now to the chart. Think if we get over 2.90 today then....

...........let´s  r a l l y !!!!