soup - agree - anyone who thinks the overall mkt has nothing to do with a stock is looney tunes. Even if a stock has great news it still has headwinds to fight if the mkt is tanking. poor stocks get a lift (don't drop as sharply) if the mkt tide is rising all boats. pumpers and bashers have one BIG thing in common, they tend to lose perspective and go overboard sometimes in making their arguments.
drew - I don't always agree w all you say but this is 100% spot on. Crapper said a lot of things and only quoting some out of context, as mgm did, is misleading and the act of a pumper or stock zealot - either one is not good for rational folks. I do agree w mgm - IDRA is a gem but let's keep it real.
bump - and look at all the key players at STML. Dana-Faber/Harvard, MD Anderson, Columbia Med, etc. All dummies with no cred??? NOT!
IMHO - been in/out of STML a bunch of times. Looking to get back in soon depending on mkt action. if we turn up then I'm back in but expecting this to continue another week so will wait. Hoping to see downward pressures and turn around next week by then STML will be near 10 and a screaming buy to a trade within months in 16s. All ouija board magic mumbo-jumbo but has worked so far. GLTA - hey it is only money!
my bad...getting old or just speed reading thru w/out much attention to detail. sorta like making love to a girlfriend you're thinking about breaking up with - just trying to get to the end.
indeed! IDRA version:
Staring blindly into YMB space
Getting pps up to smash brett's face
Wanting just to stay awake
Wondering how much IDRA my IRA can take
Cheers! GnT time. 5 o'clock somewhere
bio - I truly enjoy your posts,especially the recent ones speaking to the TA resistance/inflection points. . Having said that, I'm not seeing the great cause to post this yet. The calling of the bottom seems premature to me but I'm not a TA guy. Just seems too soon. GLTY and enjoy the weekend.
nope, it is 3.50 simple move avg chart for 1 yr. regardless, it is now below the 200 SMA w 3.47 marked