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Message from discussion GRBC got a BUY signal Friday 26th. Dec 2008 at $1.050
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Thomas  
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 More options Dec 26 2008, 12:17 pm
From: Thomas <thomasbraun...@gmail.com>
Date: Fri, 26 Dec 2008 09:17:26 -0800 (PST)
Local: Fri, Dec 26 2008 12:17 pm
Subject: Re: GRBC got a BUY signal Friday 26th. Dec 2008 at $1.050
Placed a buy order today, half an hour ago, at $1.000 for 1,000 shares
when the last price was $1.100 and 12,215 shares had been traded
intraday.
Then I saw Google.finance count rise to 13,215 shares and the price
DROPPED to $0.990 !!!!!!!!!!
I asked my broker to cancel my buy order for 1,000 shares and 10
minutes later he confirmed that my buy order had been cancelled.

Probably Monday it rises 20% and I am left on the sidelines....

Thomas ha escrito:

> http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=L...

> Thomas ha escrito:
> > But all the rise was with 12200 shares ? Only $12.20K ?
> > Mmmmmmmmmmmmmmmmmmm...................

> > Thomas ha escrito:
> > > http://www.americanbulls.com/members/StockPage.asp?CompanyTicker=GBRC...
> > > Buy confirmation at $1.050 today morning, same as last Wednesday
> > > closing price.

> > > I am debating if placing an order for 1K shares at $1.050
> > > today..............................

> > > Yes or no?
> > > 52W at $0.730
> > > http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=L...

> > > Thomas ha escrito:
> > > > as of closing dec 24th. 2008
> > > > http://www.americanbulls.com/members/StockPage.asp?CompanyTicker=GBRC...

> > > > GLOBAL RESOURCE CP
> > > > Daily Commentary

> > > > Our system posted a BUY-IF today. The previous SELL recommendation was
> > > > made on 12.12.2008 (12) days ago, when the price was 1.5000. Since
> > > > then GBRC has fallen -30.00% .

> > > > A bullish pattern has developed and a BUY-IF alert is issued today.
> > > > The task is now to confirm the validity of this bullish pattern. We
> > > > will guide you through this process but the Prima Donna of this game
> > > > is nobody but you. First you must do your homework. A good starting
> > > > point may be to keep an eye on after-hours and futures trading to get
> > > > preliminary hints about the direction of the market. Related news,
> > > > events, economic data, and the world stock markets should also be
> > > > closely followed prior to confirmation session.

> > > > There are three possible cases of confirmation. You have to follow the
> > > > next session carefully to check if these cases will hold or not:

> > > > The market opens with an upward gap, signaling a bullish sentiment in
> > > > the first case. Your benchmark will be the opening price. If the
> > > > prices stay over the benchmark, go long. Any white candlestick with an
> > > > upward gap is a valid confirmation criterion.

> > > > In the second case, the market opens at a level, equal to or below the
> > > > previous day s close. The benchmark is that closing price. If prices
> > > > during the session stay over the benchmark, go long. Any white
> > > > candlestick closing above the previous day s close is the second
> > > > confirmation criterion.

> > > > If, however, in both cases, the prices during the session start coming
> > > > below the benchmark, avoid buying. Sell if you feel a definite
> > > > tendency in prices to close the day below the benchmark.

> > > > The third case of confirmation is rarely observed. The market opens
> > > > with a big downward gap suggesting a very bearish day, and the day
> > > > ends with a long white candlestick, but still closing below the
> > > > previous day s close. However, such a day satisfies the third
> > > > confirmation criterion and in this case the closing price of the long
> > > > white candlestick will be taken as the price of confirmation.

> > > > If one of the three confirmation criteria is not fulfilled, or in case
> > > > of a black candlestick or a doji on the confirmation day, the BUY-IF
> > > > alert remains valid, however without confirmation and the three
> > > > confirmation criteria are then sought in the following day. The only
> > > > exception is the long black candlestick. Any long black candlestick
> > > > following a BUY-IF alert makes it (the signal) void and invalid.

> > > > We do not suggest any new short positions given the bullish alert. The
> > > > short sellers should consider covering their positions if the market
> > > > confirms the BUY-IF signal. Otherwise, existing short positions should
> > > > be carried.

> > > > Data provided by:  End of Day Data


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