Saturday, December 27, 2014

Kim Jong Un and His People at Their Best.

Daaaaaamn! I got a laugh out of a few, as they are truly creative and a nice change from typical political rhetoric. A real show of prose by the North Korean government. My personal favorite being...

"The United States, with its large physical size is oblivious to the shame of playing hide and seek as children with runny noses would"

Now, I've been thinking this one over and over and have come up with a couple of theories.

A) He is referring to a kid so engrossed in his game of Hide and Seek that he is oblivious to his runny nose, a over sight of personal hygiene that is, by all accounts, shameful.

B) He is claiming that hide and go seek is a shameful game per se, adding the kids with runny noses as literary imagery.

C) He is using hide and seek as a metaphor for the supposed attack on their 3G network. Implying that the states are like little kids, playing games, when really they should be a man about things. You call your enemy "a wicked black monkey" to their face and then promise "inescapable deadly blows", None of this internet hacking bullshit.

D) He is comparing the United States to a fat kid playing Hide and Seek; the kid being to fat to really play the game well, and the runny nose coming from the difficulty that fat kids experience when they physically exert themselves...and that it is all very shameful.

UPDATE: A friend of mine who majored in Asian History and Language Studies, specializing in North Korea, took the time to translate what Kim Jong Un actually meant by the above statement.

"The United States, with its large physical size is oblivious to the shame of playing hide and seek as children with runny noses would"


Friday, December 26, 2014

Biosyent Trade Opportunity

Looks like there will be a swing opportunity here from the $10.20 range up to the $10.90/11.00 point. The stocks' sideways movement over the last three months has been range bound between ~$10 too $11 with a few quick and short lived breakouts from the R/S levels. The last break had greater longevity, which can be seen by the relatively longer and slower climb back up to the $10 mark. It has now broken through the R line, closing just a bit above its 50 DMA. I expect it to climb up towards the $11 dollar mark and bounce around in a sideways movemeent before breaking out and up.

Like I have stated before, I came along this company from PS Daves now defunct blog "Vancouver Venture" where he claimed it to be a pump job. I've had a number of successful trades with V.RX and hope that it keeps on giving.

Sunday, December 21, 2014

T.PLI Once Again

Going to get into this upon Monday morning, depending what happens of course. I think it could be prepared for another 15-20 cent run here, hoping I can play it off the 1.85 line a few more times.

Fairly simple chart, although I am drawn to the large amount of volume that occured on November 18th, where 30 mill shares were traded, inter-day trading from 2.06-2.21. Investor psychology can be very stubborn in regards to "getting out even" (actually I recall Edwards and Mcgees book having a good section on investor psychology and its role in creating resistance/support lines). I have a feeling that any advance will get held up there.

Sunday, December 7, 2014

OceanaGold Update

Waited to see if it would break the line of resistance at 2.60 after taking a good and quick run up to it; it didn't, falling fairly quick through the previous support line. Interesting to see how quickly the price broke down once dipping below is 50DMA.

I suspect it will bounce off support at 1.90, which is also the bottom of its bollinger and retest the 2.07 level.

Anyways, this trade didn't pan out, but I strongly believe in an upturn once it hits the next line of resistance. This stock is swinging quickly here between zones.