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WHY?
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Here are some Taylor calls I am posting for price action tomm 10-24 1) ASTF Taylor Buy day - Buy at 1.10 to 1.11 if low made first. If looks like it will close near high hold the long and sell on 10-25. If high is made first on 10-24 then short at 1.16 to 1.18 try to cover same day. If both are made by noon do both. 2) CRGN Taylor BUY DAY - Short at 1.00 to 1.02 if high made first. Cover same day. If low is made first buy at .95 to .97. Sell longs same day on a good rally or hold for next day if it looks like it will close high. If both made by noon, then do both. 3) GE Taylor Short Sell day - Short at 40.56 to 40.63 Cover same day on any decline. 4) INSM Taylor Buy day - Buy if low made first at 89 to 91. Sell the longs on any good rally or hold for next day if it looks like it will close high. If high made first short at 1.00 to 1.02. Cover same day. If both made by noon do both. 5) MOVI - Taylor Sell day - Possible BV made early in session. If a BV is made go long once tape indicates a bottom is made on any low under .17. The sell out the same day on any penetration of .17 or if need be at .17. A BV to be valid must be made no later that noon. The sooner the better. 6) POTP - Taylor Sell day - Possible BV coming early any the session. If so go long at any price under .34 when you think the bottom has been made. Sell long on any rallly to or penetration of .34. A BV to be valid must be made no later that noon. The sooner the better. 7) PTN - Taylor Buy day - Buy on a low made first at .35 to .36. Sell same day on a good rally or hold to sell the next day if it looks like it will close near the high. If high made first then short at .38 to .39 and cover same day. 8) CMGI Taylor sell day - Possible BV. Go long on any thing south of 1.31 once you think the bottom is made. Sell those longs the same day on any penetration of 1.31 These are the general guidelines. Exact entries and exits are determined by reading the intraday tape. All BV's must be made early in the session to take them. Never take a BV made in the afternoon. Big gap openings immediately eliminate the stock as a potential candidate. With penny stocks always try to see the opening first before taking a position. Also, with pennies when daytrading the secret is to try and get a good entry and on the exit get out with a slice out of the middle. Don't worry if you don't get the last cent. With penny stocks You have to get out when the volume is there. Or, you might end up on the low and can't get out on a short or, on the high, with a long, and action becomes dead, and you can't get out of your position even though you have a profit. So, get that slice and run! Also, if less than 200,000 shares are being exchanged a day then deal in 5000 or less shares. If 400,000 or more change hands daily then you can deal in up to 15,000 shares at time.
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So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
I am glad you see!:cheers: -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
Well it may not be the best stand but at least they tried. Obama stands with his hands clasped near his.....well you get the idea. They were probably facing a flag where the music was coming from. Is that so hard to figure out reaver???? You don't face a poster flag. You face THE flag. This is going no where. so I am off this thread but IT IS LAW AND HE SHOULD HAVE RECEIVED A CITATION Good night. -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
The you ought to be the more upset about it. But, no, instead you apparently think NOTHING is wrong with what he is doing???? -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
LOL try pulling the amendment stuff on title 26 and 26a of the same USC. against the IRS and see if that will fly in a court of law. Some of tried the amendment deal with IRS. Guess where they are at?? In prison!! IT IS THE LAW and HE should have been arrested or cited for it. THIS IS FEDERAL CODE reaver. -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
That would be for a court of law to decide. How old are you reaver? IT IS LAW -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
First the Law: 4 USC Sec. 7 01/02/2006 -EXPCITE- TITLE 4 - FLAG AND SEAL, SEAT OF GOVERNMENT, AND THE STATES CHAPTER 1 - THE FLAG -HEAD- Sec. 7. Position and manner of display -STATUTE- (f) When flags of States, cities, or localities, or pennants of societies are flown on the same halyard with the flag of the United States, the latter should always be at the peak. When the flags are flown from adjacent staffs, the flag of the United States should be hoisted first and lowered last. No such flag or pennant may be placed above the flag of the United States or to the United States flag's right. Now HERE is a REAL American that loves their country and knows the law!! Obama apparently scores "0" on both! http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=57960 -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
You like him but you won't vote for him ...eh??? Yeh he keeps it real all right. Publically show just how much he disrespects our laws and our country. -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
He should have been pulled off the stage and led away in handcuffs -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
United States Code From Wikipedia, the free encyclopedia Jump to: navigation, search The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal law of the United States. -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
From the U.S. Code Online via GPO Access [wais.access.gpo.gov] [Laws in effect as of January 3, 2005] [Document not affected by Public Laws enacted between January 3, 2005 and October 30, 2006] [CITE: 36USC301] TITLE 36--PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS Subtitle I--Patriotic and National Observances and Ceremonies Part A--Observances and Ceremonies CHAPTER 3--NATIONAL ANTHEM, MOTTO, FLORAL EMBLEM \1\ MARCH, AND TREE Sec. 301. National anthem (a) Designation.--The composition consisting of the words and music known as the Star-Spangled Banner is the national anthem. (b) Conduct During Playing.--During a rendition of the national anthem-- (1) when the flag is displayed-- (A) all present except those in uniform should stand at attention facing the flag with the right hand over the heart; (B) men not in uniform should remove their headdress with their right hand and hold the headdress at the left shoulder, the hand being over the heart; and © individuals in uniform should give the military salute at the first note of the anthem and maintain that position until the last note; and (2) when the flag is not displayed, all present should face toward the music and act in the same manner they would if the flag were displayed. (Pub. L. 105-225, Aug. 12, 1998, 112 Stat. 1263.) Historical and Revision Notes Notice above it says Laws in Effect as of Jan 2005. Laws! It is the same place where you find Title 26 and 26A the US code (laws) for IRS and the ones they will use against you in a court of law. So Mr Reaver me thinks any presidential candidate that would openly flaunt his disrespect has no business being the leader of our country, IMO. Now who is illiterate?? -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
During rendition of the national anthem when the flag is displayed, all present except those in uniform should stand at attention facing the flag with the right hand over the heart. Men not in uniform should remove their headdress with their right hand and hold it at the left shoulder, the hand being over the heart. -- United States Code, Title 36, Chapter 10, Sec. 171 The context was obvious. You are blind! He doesn't care about America or he wouldn't flaunt it. He has a right to believe anyway he wants but he doesn't have a right to run for president and disobey the law and get my vote. The man has NO respect for America. Why should I vote for him?? BTY I wouldn't for for Hillary either. -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
It pretty obvious what he was doing. Are you blind????He has a right to do whatever he wants in America but I sure wouldnt vote for anyone who had the gumption to openly deny his patriotism and flaunt it at that. Besides the media apparently tried to keep it covered up. Here is the original http://www.time.com/time/photogallery/0,29307,1662530_1446035,00.htmlThis was during the national anthem.... You didnt hear much about it. He didnt look like he had any goose bumps...............:helloooo: -
So who do you think will be the next president of the USA?
WHY? replied to Reaver's topic in General Discussion
Vote Obama??? You gotta be kidding!! http://newsbusters.org/blogs/mark-finkelstein/2007/10/20/obama-no-hand-heart-pledge-either-will-msm-notice -
----- Glad to hear that. The bias was the short side (better as a SS day than a buy day) even though the range was narrow. Sometime later today I will look at the ES in my software and see what I come up with. Taylor would call tomm 10-24 a buy day with a shorting opportunity and a possible long too. Some strenght came into the market but wasnt alot. Dogpile what kind of vol figures you get today? Total and concentrated?
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Trading pennies via a la taylor mode Summary of the penny stock plays today - 5000 shares CRGN .02 share - 100.00 clear minus comm GNTA - No play IMH - .07 share 350.00 clear minus comm MCZ - .02 share 100.00 minus comm TOTAL 550.00 minus comm (3 plays) on these risky risky penny stocks! Great Rate of Return on capitol invested. Summary if 10,000 shares CRGN .02 share 200.00 minus comm GNTA - no play IMH .07 share 700.00 minus comm MCZ .02 share 200.00 minus comm TOTAL 1100.00 on 3 plays in these risky risky risky stocks daytrading them via taylor mode. Great rate of return on capitol. Much more could have been made in IMH today as it traded as low as .94 but the idea in the pennies is to capture a slice of the range FAST and get out of them. On a buy day they can be held overnight if the close appears it will be in ones favor. Much money can be extracted from the markets daytrading pennies stress free ...well almost...even though most traders consider them way to risky to trade. I consider them way to risky to invest in but a cinch to daytrade! Done it many, many, many times. Plus they give you a great rate of return on the capitol invested. Oh well... I am probably in the doghouse now with this forum for even mentioning pennies..seems like you automatically get demoted in the minds of traders if they ever hear you mention about trading pennies. I could care less. A dime is dime if I get from a penny or from a 190.00 share stock. Makes no difference to me. Except, that multiple penny stock trades a day allows one to spread capitol out and put what would go into one stock into several thus creating a better probability of making some money. So pennies are hated by the trading world. Again "i don't care". What works, works.
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Best to cover crgn at .98 Only .02 captured on the decline but decline was too slow. 5000 shares profit 100.00 minus comm/10,000 shares 200.00 minus comm Best to cover MCZ at 1.15 Only .02 profit but decline is too slow. Best not to hold overnight. 5000 @ .02 150.00 - comm or 10,000 = 200.00 minus comm. Not bad for borrowing a penny stock for a few hours.
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Keep it simple guys Taylor didn't need all that nor did he have the computer. He just sought to capture the main trend each day. He woudn't have known what you guys is a talkin bout.
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Just an update on the pennies trading taylor style CRGN made target for shorting at 1.00. Wait for the decline to .97 or .96. Try to capt .03 anyway. It is hard to find a broker that will let you short stocks under 5.00 share but I am doing this so folks can see how taylor works on the pennies. GNTA - No play today. Did not make a BV early IMH - Short at 1.06 out .99 10,000 shares X .07 $700.00 or 5000 shares X .07 = 350.00. Not bad to make this on a penny stock. You just borrowed it for a couple of hours or so. MCZ - short at 1.17 waiting to cover around 1.10 to 1.12.
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What if it breaks hard south of 1505?
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Are you doing multiple shorting? Shorting intraday rallies ...covering on declines as it moves down?
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As Tayor would say it "penetrated" the previous days high and made the objective! If it hits 1505 area you looking to go long or call it a day?
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Or 10 points
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Shorting ES handed you 8 good points already by 10:10.
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For 10-23 CRGN is an SS day - short at or near 1.00 - 1.02 if opens normal cover around .96 GNTA - Sell day - if it trades under 1.05 by noon go long on a bv when it bottoms. Sell long same day on any rally thru 1.05 to 1.08. IMH - SS day - short near 1.06 /1.07 if it makes it there grudgingly by 11:30. If it starts up fast early in session hold off and short at a higher point. This stock can do that. Otherwise, do nothing on this one. No longs. Cover on any decline the same day. MCZ - Buy Day - short on any penetration of 1.18 early in session but watch tape! Cover on any decline to around 1.09 to 1.10. iF it does all this by 12:00 then take a long postion around 1.08 /1.09 after covering your short. Watch the tape on this one. Will send some more later. Gotta sleep.