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Commenter Of The Day and it's August

Posted by James Breen at 10 August 2008 8:14

Let us consider the issue of stock market game. I am not just talking here about whether you have the stamina to put in long hours. The issue if whether you have the willingness to put everything and everyone else on hold.

Long story short, let's see this one.

In all the furor over gas prices, a popular punching bag is ExxonMobil, which made something similarly -OR similar to $90,000 per minute, the highest corporate profit ever. It's interesting to note that this is actually less than what the market predicted the company to make and that the company's stock is dipping. The energy reporters at the Houston Chronicle, some of the best in the business, pointed out that all this talk of profits ignores the more serious issue: Exxon's production slipped .. read the rest part.

And I would be even more shocked by the intelligence of author and his power led me to take over other posts.

Posted by Robin Where have I been? Busy. Three things have occupied my week: The mid-August sinus malaise, complete with a headache that made me a little fearful for my life. It's better now. Eating BLTs. Pepper bacon cooked on the grill? Awesome. And possibly responsible for that localized headache. Playing Rock Banded with Brian. I'm generally not a video game player, aside from occasionally melting my brain with old-school Tetris. Brian's been nagging me to play since ..Read the rest of this post.

On the other hand, I learn how to supervise the running things, get plan work, and do the job... to the great majority of my fellow men.

You know how the big closers have songs that they come into the game to? Billy Wagner's is "Enter Sandman" by Metallica and so on? Have you ever wondered what tune you would choose if you were a high-fallutin' closer? I used to think I would use Blue Oyster Cult's "The Reaper (Don't Fear)". Incidentally, why did metal bands do stuff parenthetically in their song titles? And really, what's with the heavy-metal umlaut? You know the two dots over the "O"? Anyway. I wasn't thinking of the ....

I want to cry because I know that this is no fairy tale. This happens in real life.

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  • Watch the demand for shares by looking at the Volume % Change for each of your stocks. It will show you immediately how much a stock traded vs. its average daily volume over the last 50 trading days. For example, a stock that trades 100, 000 shares on average will have a 50% Volume % Change if it trades 150, 000 shares on the day.
  • Stocks closing at their highs for the day or gapping up in price can indicate strong demand.
  • Companies buying back their stock in the open market and companies showing stock ownership by management can be positive indications.
  • When a stock breaks out of a price consolidation area, trading volume should be at least 50% above its average daily volume, indicating strong demand.
  • In many cases, a strong stock breakout will see volume up 100% or more for the day, indicating solid buying and the possibility for further price increases.

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