YM is only down 38 points since my insightful market call
Market Calls
- Thread starter inandlong
- Start date
that will be nice.hope you are right.
http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[h,a]daclyyay[dd][pc200!c50][vc60][iUb14!La12,26,9]&pref=G
failure at the 50 and 200
failure at the 50 and 200
Where is the FAILURE at the 50 day moving average?
There wasn't even a challenge of that moving average!
:eek:
"Has anyone ever seen a stock run up on a Friday on takeover rumors, and actually announce the merger on Monday morning?"
my memory may be faulty, but i thought that happened with john hancock and the canadian insurer that bought them out.....notwithstanding that, if i had .53 for every time SINA was alleged to be "...being bought out", or RIMM, i could at least afford a double mocha latte at SBUX
my memory may be faulty, but i thought that happened with john hancock and the canadian insurer that bought them out.....notwithstanding that, if i had .53 for every time SINA was alleged to be "...being bought out", or RIMM, i could at least afford a double mocha latte at SBUX
50 day ema is 10401.46,
What was the HOD ?
What was the HOD ?
Quote from backman:
"Has anyone ever seen a stock run up on a Friday on takeover rumors, and actually announce the merger on Monday morning?"
my memory may be faulty, but i thought that happened with john hancock and the canadian insurer that bought them out.....notwithstanding that, if i had .53 for every time SINA was alleged to be "...being bought out", or RIMM, i could at least afford a double mocha latte at SBUX
Ok, you're right, and you're wrong on this one. On the evening of Thursday, Sep. 25, 2003, JHF executives deliberately leaked the impending merger directly to the press:
http://tinyurl.com/cug7f
That Friday, JHF shares traded up 7% on the rumor/ unofficial leak. Now comes the good part: The following Monday morning the merger was in fact made official, and JHF shares <b>traded down 46 cents on the news!</b>
http://www.forbes.com/2003/09/29/cx_aw_0929mfc.html
Quote from Rearden Metal:
The following Monday morning the merger was in fact made official, and JHF shares <b>traded down 46 cents on the news!</b>
http://www.forbes.com/2003/09/29/cx_aw_0929mfc.html
Gotta love it, market logic wins again.
Hey Inandlong!
I did say 1180 S&P, but I made this prediction here on 4/26, so i'm about 10 days off. S&P made a high of 1178.6 on thursday, so the TA was good, the timing alittle off!
Quote from Avalanche:
Yes folks post your "calls" here. No need for multiple thread starters every single freakin day.
Thankyou.
You are oh so right, avalanched! This trading message board called "elitetrader" doesn't need my stock calls posted in "trading". Let's bury them here. Why would ET need my calls like TZOO, CME in the "trading" section? I mean, I only called for both of these stocks to plunge ONE day before they did. They both plunged about 15%-20% the NEXT day. But who needs the clutter of something like this filling up the "trading" section?