Negative Divergence

These TV stations they are so crooked. Throughout this correction they have tried to pretend that it was not happening. After the huge 3% drop on volume (or was it- check volume thread) Last week we limp along and bounce 1.5percent with mini fractional days and all I heard all week was how the Naz was up for three out of five days and the so and so was up for the third day out of 5...
FOOLS! LEADING PEOPLE ASTRAY!!! OR SUCKING THEM IN ON PURPOSE! Ay... And those FAST MONEY idiots..... I don't watch these shows but every now and then I force myself to- talk about REACTIVE! Dylan can huff and puff all he wants... but the rest of those guys are looking like slow, slick money.... Starting to hate the slimy one with the China plays and baldy's routine is way old; everything is so simple, buy nothing... the options guy is all over the place and the other one nods like a bobble head doll.... But they have some good guests and the DUDE from the Ag commodities side with the beard said some interesting stuff... the politics of high food and oil prices.... Malaysia's oil went up 40% overnight and the riots we are surly to see spread over the globe shortly... can all be prevented by taking the index funds out of the game.... By doing so Corn immediately drops a buck and rice follows and the world eats... THESE DISGUSTING INDEX FUNDS I'VE HATED THEM SINCE THE MOMENT THEY ARIVED. The very concept that less oversight and stock picking was GOOD and that you should just ride the wave of a massive index blindly.... There is real evil here and they shall be re labeled HEDGERS! ~si
 
Less you all think it's easy with the aid of a professional stock analyst I got one of my usual responses-
> it has negative equity, quick ratio is 1.1, but has
the cash to last a while. Doesn't look like it's going to $0 at least notyet. No earnings and losses accelerating, but revenues growing.

Let me know if you want to buy it.

Not going to zero YET. Got to love it.....

Sometimes you have the idea in your head all week and you just don't act on it. I had been thinking about cleaner coal and coal scrubbing and FTEK a lot over the weekend, I was going to look them up again and then I read a long winded piece ion the NY Times about how nothing is being done fast enough or working especially well at the moment- I got turned off the sector and failed to punch up FTEK. Too bad if i had I would of spotted a rather obvious Friday tip off at $23.50 .... Now we are basing at $25 with $23 being support.... $24.50 anyone???? Through careful filtration I may wind up with a portfolio with every member with some foot in clean or new energy ideas....

AMAG is a big cap safer Bio play with the same amount of negativity it trades just AWFUL I watch it every day... but they have a damn good product if you take the time to read everything that's out there... ISIS still looks good STEC, HEK, feeling Health over Tech despite what they will shove down our throats today on the telly...... Drifting early on, I think I will do a Kung Fu workout and comeback, hopefully, with more clarity.... ~ si
 
YIKES STEC! :p

It triggered a buy in my account crossing $13.10 and it never stopped! Up 7% now at $13.80! WOW.

Well we have done a lot this week, we have isolated two GREAT looking stocks PAR & STEC and what we need now is an ity bitty retrace and it's all in time to add to these positions & let the strongest take it from here.... ~stoney
 
Stoney stop replying to your own posts. If people are interested in your nonsensical drivel they will reply, otherwise just open up a journal and let this thread die.
 
stock you dolt do you see these watch list stks exploding look at HEK now!!!!! The market is attempting to push out now.... after calling the top why would I not fill everyone in on this potential bottom....

It's really just a 38% retrace from the recent March to May rally and it most likely will not stick but I got you all ready with the research and all you had to do was play along. It's time for you Stock to just go with the flow play these names and finally make some dough. I've decided if you were rich you would be nicer. Obviously I can make you that way.... ~stoney
 
stoney 6/7 is a saturday....where did u get that date from btw?

but may payrolls release on fri 6/6......market expects -50k but today's ADP number beat estimates by 70k

anyway, i agree that friday is going to be a very significant day
 
Chew you bring up an interesting and sig point and I'm embarrassed to say I don't know exactly the right answer. When tabulating 20 week cycle theory do you count only work days or every day of the week? Since psychology plays a major roll in one's decisions, and psychology may have a lot to do with why markets change direction... I have always gone off the calendar 20 weeks which at last check was set for the market to put in a low on June 7. Now we all know you give or take a day or two... So A good jobs number and a huge rally on the Fri the 6th.... and Cycle theory wins. Likewise, a bad report and a really bad friday in my view ensures a low... it's can't lose time begin to invest.
~stoney
 
Interesting day today for sure. Since the thread is titled Negative Divergence (good HF name too) I would be remiss not to point out that new highs vs new lows flashed poorly all day and I guess one could say the DOW's dive in the face of the Nasdaq is a negative divergence or maybe just a divergence but the heavy industrial play seems to be rotating into tech... I'm uneasy about this. It reminds me of many times in the past when tech becomes the go to for it's naturally high growth rate etc... If we shoot past 1410 on the S&P fine but a tech only advance here will not last very long. In fact I dare say there's a whole lot of 5 week head and shoulder top patterns showing up everywhere.

We must follow the indicators and mine have been flashing green on the small caps for two days- stks like OIIM & ELON deserve your attention now. A ways back we brought MAXWELL to you... you want to talk new tech Kramer you bastard... anyway anyone following that one. We are up 17% or so! Knock on wood.

How about that STEC kiddies?
.... your quietness does not deter me I know you know I know you made money on this name today... I've heard quite a few of you even though you haven't said anything....

You know that GEOY? What a train wreck I kid you not this company missed filing some papers by a week and lost their entire Loss carry Over it waqs a huge amount. This is the kind of mistake I would make and am probably making right now as I try to dissuade a corp.... or whatever the hell they call it... GEOY.... they launch a bird in Aug.... every one is all pissed off they got a big follow on Army order today let's keep this former Motley Fool 5 Cap all-star ski slope tragedy pattern alive now as it's worth following.

Hek is getting a lot of volume. The guy running this blank check co is very famous , I'll frop his name here later I found it before. Info is hard to come by and the recent China water deal will take a while to close I don't know why the stk keeps gooing up here we may be forced in tomorrow.

Until then. to all a good night. ~stoney
 
Alright I'm going to just say it- What's Up With The Star Ratings? And how THE HELL DO I NOT HAVE 5!!!!!!!! Jesus- two for calling the downdraft two for all the research of new companies and one for all the $ we have made this week together....

How do you vote these stars- I see no icon to click are the Mods voting? I swear one moment I did have 5 and then Stock_Turd 3 left one here and immediately my star count went down.

Already I have been highlighted on Real Money and the Street in the Bio space due to my unregulated passion for stks and already Kirk's Report has picked up on a fellow Black Swan Technical Joke Pattern here on ET...we are now melding into the main stream of stock talk no other investing site is rising as fast or being quoted as much it is more important than ever now to give stoney 5 stars when he deserves them..... * * * * *

THE STOCK MARKET HAS now been falling for two weeks and sentiment is BAD. The DOW has looked sickest falling clearly below it's rising trendline.... the DOW likes to stop at 13,135... it has done so now twice in the last month. Write that number down- 13,135..... Sure looks like a clear double top doesn't it? With these top formations Bulls hang on till they can't take it anymore, usually when the middle trough of the pattern is violated or if you are seeing head and shoulder patterns when the neckline is taken out. That happened on May 21.

So it was a rather short term rally and we must be aware of that-- in standard measurements it actually ran out of steam short of where it was supposed to...

By measuring the size of the trading range and projecting it up from the breakout point, the rally "should" have continued to 13,870..... so what does it say about inherent strength when we fall 800 points or so short of that mark? Does it mean game over? Or one more try? Most folks jumping ship now are pointing at the January lows if they go.... forget about it carnage time! But oh so many have come over to the bear camp in such a short period can we now have a counter rally to the counter rally?

According to a American Association of Individual Investors survey released last week, the percentage of investors considering themselves bears has risen to 45%. Almost half of all investors.

So here we stand With the nasdog apparently leading the way but with fewer sub sectors and names participating- with the NAZ that 2040 GAP is to be reckoned with. That's from where we fell big in Jan. Frustrated bag holders for the whole year seem ready to sell whenever we approach that figure and until we get comfortably above it we will not get anywhere significant and I will continue my hit and run ways. ~ stoney
 
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