Much too early to call bottoms young grasshopper !!
We are still practicing the Art of patience.......Now get back to wax on.....wax off......wax on......wax off!!!!!!
The power of a person is based on perception in this case. His opinion is very well respected , If it was NOT the stocks he writes about would NOT react in the manner they do. Perception is everything and his words can move mountains.....Therefore he.....IS !!!
Bulls still very complacent....We need fear and capitulation before we move sustainabley higher. jmho
Big money has learned the art of patience that is why they keep getting richer and retail keeps getting poorer.
The puppet masters control the stock and the machines run algorithmic calculations on everything you can imagine.
P.S. Be patient and wait for capitulation....It will come and then you will strike like a tiger in the Bush!!!!!
That is the part I did NOT care for. This statement caused a negative re-action. Adam knew exactly what he was doing and made sure this was the last sentence in his article.
P.S. He put the sleeze in "Sleezy" !!!!!!!
But this Biotech sell off is going to get worse before it gets better. The big boys see that the biotech sector is where the fast money wants to go,and they want to shake the cr@p out of this sector until they see the whites of your eyes and they force the newbies to capitulate their shares. Many will be forced to sell after the pain becomes too much to handle....many will be forced to liquidate as the margin calls begin to roll in.
After 20 years of trading it feels like I am watching the same movie over and over and over again. Human beings are creatures of habit and their psychological behavior patterns are as consistent as the seasons of the Earth.
p.s. The only way a stock moves higher is if they keep shaken em and chasen em !!!!
My grandfather was a specialist for the AMEX/NYSE back in the 70/ 80's.....Sounded much better when he said it!!!! lol
This type of stock should not exceed 5% of your portfolio. If you have more than 10% you might be more of a gambler looking for a fix. Day trader cowboys and guns out blazzin' fools......Sooner or later you will get handed your 10 gallon hat and thrown out the door!!!!!
Platform is based on this technology, if MYDICAR fails CLDN is worthless. jmho
I am looking for the Biotech sector to be down today and CLDN to be the shinning star.......We shall see!!! GL My friends!!
In the last 30-40 minutes of the trading day on Friday with approx 200k shares, CLDN went from $25.50- 26.50 in a blink. The shares that were distributed on Friday primarily consisted of cheap pool shares the market makers accumulated when they took it sub $25 On Wed/Thurs.
Also note that on Friday the Futures Gaped up 20 handles and just like the play book said.....They opened it at $28 and sold of all day as the market continued to get stronger and stronger......But in the last 30 minutes of the day the market got weak and sold off, but CLDN got stronger and stronger!!!
p.s. Smart money buys on weakness and sells into strength. They are greedy and want more so the best time to hide is when market gets weak. Those of you that are new to the game will need to quickly realize that the sneakiest....dirtiest.....and richest gamblers on the planets play at the casino we call Wall Street!!!!!!
Go for the neck and never.... ever......let them see you comin' !!!!!!!
When I posted this we closed the day in the low $23's.............The following Morning................BOOM Went the D-Y-N-A-M-I-T-E !!!!
Lets see what the Wizard has behind the curtain!!!!
p.s. Stranger things have happened!!! GL Guys!!!!
Many of you will chase it all day as it climbs higher and higher...hour by hour. Many have sold it when it went sub $25. I and many of the strong hands bought your shares that you threw up!
We thank you for your shares and now it is time for us to push through $30!!!
P.S. After 20 years of trading full time I have learned a few things........There is a time for trading and there is a time for sitting........CLDN just handed you a chair.......The rest is up to you !!!!! GL my friends!!!!
Massive shakeout w Huge Engulfing candle today......This is the way the smart money shakes out the stock before.........BOOM!!!!!!
To those that feel of the tree.......Without the massive shakeout we would be unable to move higher w such velocity almost parabolic. Tomm The massive momentum will continue as we breach the $30 handle!!!
Such an exciting time.....To those trying to time this trade you will end up losing!!!
p.s. Take it from the great Jesse Livermore that once said...."It was never my trading that made me my biggest gains....But rather it was my sitting put!"