Recent content by bailemi

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    S Potential Drop

    I believe Uptrend and I are reading the chart the same. I wasn’t fully knowledgeable about the H&S pattern and assumed when the market crossed the $675 neckline it would break down. However, the market must close below the neckline to confirm the H&S and a breakdown with a potential loss is...
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    S Potential Drop

    Thanks for the clarification. I wasn't sure if it had to close or break the plain to be triggered. Also, since volume is not a factor in the W4500 I wasn't sure if this was a legitimate H&S.
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    S Potential Drop

    Hopefully you saw this before I did. The drop today was a little ahead of time. As you can see the Head and Shoulders (H&S) pattern has just crossed the neckline and has the potential to drop to $635 (W4500) which is about 6.5% from $677. These numbers are targeted.
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    Facebook's Initial Public Offering (IPO)

    What am I missing here? When did selling people's personal information become legal? I agree with your statement about FB being way more than advertising, its personal information. However, we are talking about their revenue which is largely made by its advertising. There is no reasonable...
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    Facebook's Initial Public Offering (IPO)

    Personally I believe we will see a nice initial gain of the stock itself. As for it affecting the C or S funds I’m not too confident. In the long run who knows what to expect, will it compare to Google? They both make their majority of profit from advertisements…:suspicious:
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    Post Your "12-Month Personal Rate of Return"

    Your Personal Investment Performance (PIP) for the past 12 months ending 04/30/2012 is 1.55%. (Your PIP is posted by the 3rd business day of each month.)
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    Facebook's Initial Public Offering (IPO)

    Facebook will go public on May 18. What are your expectations for the market??
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