Howdy all. I bought Gary's CD a few months ago and wanted to point out a play I am in. I found this stock a while back and it recently started matching the patterns. It started it's run a week or so ago and is still holding the 5DMA.

Right now it is consolidating a little and it looks like a good buy in point tomorrow if there is some confirmation that it will hold the 5DMA. If it doesn't by all means stay away, although I think this one has potential long term.

I won't get into all the DD, since I think this is a good chart play according to the CD, but I think there is lots of upside left.

I would love some feed back from anyone trying to use the system from the CD. There seems to be some resistance at $.075 and the 200DMA is looming at $.10 where there seems to be some resistance as well. If it can break that in the next little while we may be off to the races.

hey pink, good post. i also watched the cd. this woudl be a play that has already made a move. it's holding half of that big candle, which is good, but rsi heading back down and macd seems to be curling back around. it did form a double bond and would have made a good bottom play. at this point it shoudl consolidate at it's current level before it's ready to go again. no need to rush in. speaking purely technical, no idea about pr's or pumpin.

ps playign stocks that have made a move is a lot harder for me than bottom plays. bottom plays require more patience, but provide less risk, IMO. plus you don't have to watch the as closely.

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I want Ricky Bobby stocks, you know, ones that go fast! And if you ain't first, your last. Now, let's go out there and piss excelence. Shake and Bake!

Yes, this one is definately consolidating at the moment. I was ac***ulating a little at the bottom for non technical reasons and was happy when this started looking like a great bottom play.

If anyone is into Oil&Gas there is a lot of good DD on the thread on one of those "other" boards.

*cough* *ihub* *cough*.

yeah, good old iHub. They, those other boards, are there for a reason....don't know what it is though, but its something.

I am not currently in any oil and gas, not many oil and gas pinks or OTC around anymore. ECFL is merging with an oil company in texas so the oil company can start trading. Still waiting for the merger to go through.

FWIW, distributing and drilling companies trade independent of eachother now. Just in case anyone reading this didn't know that. It costs so much money to drill now that they, CVX and XOM etc, pay someone else to do it.

GLTY

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In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.
- Harold S. Geneen

Holding support very nicely above $.05 today.

Yes, in fact, HMGP's ceo was going around while oil was cheap and the small oil companies were under and buying up their research. Drilling is very expensive and you don't want to miss and come up empty. HMGP is using this library of research to make sure they are only working on proven areas.

Anyway, consolidating and holding nicely today. I am buying more at the bid here and there today.

I would say I am ac***ulating, but apparently it is a naughty word.

so is do***ent.

the admins are having trouble with people advertising porn sites on here. They routinely delete accounts and have restricted some words for obvious reasons, even if that word is part of another.

makes posting more interesting.

__________________
In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.
- Harold S. Geneen

This looks to have formed a Rising Three Methods pattern in the candlesticks. Well, not yet, but it will complete the pattern tomorrow if we get a big white one. It has actually consolidated quite nicely. I took the opportunity to get into it in my other accounts.

Yes, the pattern isn't complete or perfect, but either way this held up nicely and tomorrow should be really nice.

Well, I am hungry maybe I will go have a salad with sliced cu***bers.

Well, this broke the 5DMA, but I am willing to hang on a while longer. Nice hammer like that isn't a time to sell. I guess we shall see in the morning.

Holding the 10MA. This is a good spot for it to take back off at..

Up 10% today. Hopefully the start of a nice run. We'll see, the RSI is still pretty high, but who knows. I am just happy to be positive with a little buffer.

Good call. Looks like we are up 25% today. I hope someone besides me picked some more up during the consolidation. I hate to be the only one making money.

Well, this one seems to be holding at least the 10DMA. I think I am going to let that be my guide.

I bet we will be testing that 200DMA resistance by the end of the week.

Another great day. Looks like their are plenty of folks buying on the dips. Even with some taking profits this is holding up great.

So did anyone else get in? I'm curious. Congrats if you did.

This is still hanging in there. More interest every day. A few more weeks and the 50DMA will cross the 200DMA. Get em while their cheap.