3SOF

Need I suggest how I think this trading today resolves? Ha.

yes you need .. is it going to rebound today based on the point which you accuratley predicted for 1pm- 2pm,
i am in suspense , and a newbie so would love to hear your resolution for the end of the day .
thanks ,
maxi

A number of Security Stocks look to be poised for upside moves or to finalize new bottoms/bases.

IMX - HISC - SYNX - IPIX - MDII - GEPT

Yes, HISC is a true penny stock, but I felt it deserved mentioning in this group. A significant rise by any in the group with stabilize those that are finding their intermediate bases. Keep these on your watch list...

I'll be entering GEPT and IMX today. Holding SYNX, and watching IPIX with keen interest.

Rabidmonk

Why?   

Thoughts on the action so far this AM?

Sitting at 2.59 as of this message.

Hi guys,

I'm always suspect of the true motives and actions in stock prices when I see them moved around by 100 share increments on INET, which is what we saw this morning and have seen over the last few weeks as well with this security... I'm especially suspect of such actions in intermediate timeframes on stocks that have had bullish advances within the last two months, and I'm always really really suspect when negative PPS changes don't corelate with TA divergences.

For instance, a simple composite indicator shows such a divergence. The PPS made a new low but the Ultimate oscillator is up from a previous low. I only use this one indicator as an example because most folks can see this in most charting platforms on the market, including the better known free ones.

All in all, the perspective can be boilled down to this: Does one see the glass half empty or half full?  I see and have seen over the last few weeks the development of a bullish play with SYNX, so I see these last few trading days as good entry days, and am not shaken nor alarmed by PPS manipulations. Obviously, that's what they are, because I doubt any of us that trade on INET are so broke that we can only buy 100 shares of a $2.60 stock, know what I'm saying? 

Take care and always do your own DD and manage your risks. My apologies for not responding to direct messages sooner -- Rabidmonk

KC, Yelow dots are the parabolic sar, that I plan on using to time my what out.

I nibbled at $2.60

Thx for the input all.  I may buy some more at these levels seeing as they appear to be at the bottom support and hope for a good rise up and out. 

I believe in being truthful when I learn of news about any security I'm trading, and as I monitor various resources for information, I am as quick as any retail trader on finding info regarding insider trading.

I think I've found one reason for our unusual trading that keeps defying technicals and hamstringing breakout runs. It seems that Genterra Inc. has been liquidating shares over the recent period.

Here is the link:

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000943763%2D05%2D000063%2Etxt&FilePath=%5C2005%5C08%5C22%5C&CoName=SYNERGX+SYSTEMS+INC&FormType=4&RcvdDate=8%2F22%2F2005&pdf=

With that out of the way, perhaps we will see a rebound now.

As always, do your own DD and manage your risks.

Regards, and let's hope the pooch doesn't emit any further yelping sounds -- if you catch my drift. 

Fingers crossed for you, personally I'd be buying at the 200ema / 50sma zone which is currently  around $2.30, looks like that's where SYNX is headed. That area 'should' be good support.

...it was just wishful thinking, I'm out. 

Well there runs IPIX -- up 10% on the first leg of its run...

HISC -- up 10%

IMX and GEPT both locked and loaded --

and my beloved SYNX - so technically pinched that I expect it to breakout suddenly and significantly. Perhaps the others will lift interest in security stocks and trigger the event?

Rabidmonk

I really hope the downtrend is over, need to recoup big time on this baby as much as possible.  The loss in PPS seems to be slowing here as of late and has a lot of potential to start heading back up.  Considering adding down here to avg down.

Great job on finding the culprit who's been dumping on us.  Not sure I want to know why, but hopefully it's over.

Rabidmonk: Take a look at the 50 & 200 day ma for GBU.TO  They have they pattern that I associate with a proper "cup". The 50 dma had been under the 200 dma for several months. Then the 50 crossed above the 200 and the left rim formed.

While the base of the cup is forming the 50 can stay above or slip below the 200. Eventually the right rim will form.

Right of the bat when I saw GBU.TO this morning, I thought "cup". I'm guessing a handle will form over the next month and then a breakout from the handle will occur. PerfectSage

Isn't huge insider sales a bad sign?