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Overdue Update (and overdue replies) – If, Then… Market Timing

Overdue Update (and overdue replies)

My site developer is overseas, and overnight he sent me a group of comments that I wasn’t aware had been posted. He had been resolving a spamming issue — literally hundreds every day like these:

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and

今、あなたの基本的なアウトラインが行われていることを、あなたはあなたのラインが内側にカットしないでください外にカットすることになるでしょう。
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The developer had to disable posting while resolving the issue. Apparently, the issue was resolved last week, and he was monitoring it for a week before reporting back to me. Sort of a perfect storm. I wasn’t aware of that plan until this morning, or of several new valid comments made by subscribers, (my replies are included below) and had been replying normally to emails.

Meanwhile, I had fallen down on monitoring his progress due to a family situation that took me in and out of town for several weeks. While that situation is not totally resolved, this is the last week for it to interfere with launching the Investment Policy Committee and resuming Livestox.

My thanks to all for your patience. The cannabis space seems to be heating up, so I’m eager to do more coverage beyond the weekly Universe post. Specifics will be sent on Monday. Following are recently requested analyses:

ORGMF — The pattern since November’s high hasn’t been accumulative. But holding .44-.49 could allow accumulation to form. Back above .70 would target .90 and .98.

AERO — Volume is generally too low and therefore too sporadic to offer much confirmation, but the price pattern is forming a bullish “Cup & Handle” pattern that should start accelerating higher if 1.53-1.60 were recovered.

SLVP — The underlying metal is consolidating while miners appear to have extended higher. That might not end well for  the miners if the metal doesn’t launch more than a retest of recent highs. A pullback would target 6.41 while still being only a temporary correction.

VAPE — Bullish volume patterns accompanied the recent surge. So long as pullbacks were to hold .0047-.0049 as support, recovering .0077 again would next target .0126.

4 Comments

  1. casjf on February 25, 2016 - 10:46 am at 10:46 am

    ERBB — seems to be trying to rise from the dead. Would back above .0019 for a week or more start to seal a bottom?



    • Rod David on February 25, 2016 - 1:47 pm at 1:47 pm

      The ongoing series of lower lows and lower highs must be reversed back above two prior highs to seal a bottom. That’s .0032, a long way from here. But just recovering .0024 would start to signal its test is likely.



  2. guanito on February 29, 2016 - 7:27 am at 7:27 am

    Other tickers which look like they’re rising from the dead – DEWM, GBLX, TRTC, TURV – the walking dead.



    • Rod David on February 29, 2016 - 10:37 am at 10:37 am

      DEWM, GBLX, TRTC, TURV all giving back from the open. TURV’s volume is too sporadic to get any degree of confidence. But GBLX has been looking better for awhile.

      GRNH already decent volume on the open’s retest of last week’s high.