The greedy bear made one last pull and took the bull down at the open; but the bull had enough of the BS and climbed back up with such brute force that the bear could not stop the advance no matter how hard it tried.

Price climbed back up in the middle of the tan area which was good.  It also didn’t take out yesterday low which was double-good.  Now, the bull is set up to move higher; but it needs to take out today and yesterday high first.

Today, all positions on board are in green.  I dropped $CERS and bought $INFN and $KNDI.  I also added to $AMRN.

$LRAD finally made a small bounce.  At this point, any bounce is good.

Price did take out yesterday high so I believe we may see a bottom here.

$DMRC continued to surge ahead.

Price is now touching the 79 & 89 MA lines which are also converging into one.  I believe price will simply walk pass this magical lines tomorrow and rally hard in anticipating of next week earnings call.

$ORBC, like $DMRC, has been rallying hard this week despite general market turmoil.

Price is now gunning for $7 resistance.

$AMRN finally broke out of $1 resistance!

I’m glad I added more in the morning.  As you can see in the chart, price is forming a smooth slow curve heading back up.  It will probably be a slow grinding up from here.

I bought $INFN today for the bounce up. I had bought $INFN in the past but got out too early and missed the rise to $11+ from my 9ish entry point.  Now, I see an opportunity to get back in.

Price continued to bounce off the 79 & 89 MA lines.

$KNDI bounced hard after opening lower.

Seeing price took out the opening range, I decided to buy some shares to see if this has leg.

Thanks to all six stocks going up, my port gained 2.4% today and YTD gain at 6.6%.

Current holdings:

LRAD, DMRC, ORBC, AMRN, INFN, KNDI and 2.8% cash.

From my other account:

With DOW opened negative and $KNDI opened lower, I decided to close $KNDI position while I still had some gain left.  Turned out it was not a good move hindsightwise.  However, this mishap was more than offset by my “another” fortune of $IBIO gapping up after I got in yesterday at $1.30+.  Without hesitation, I sold at the open to lock in gain once again.  Although I did not buy as much as before, i still enjoyed the gain.

My 2 cents.

My reminder:

Wisdom from Warren Buffet:

“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”

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These days, the market is acting like a basketball on a tub of water.  No matter how hard the bear pushed it down, it would pop right back up.

Another green bar to close the day.  Now, can it close above the 5 & 15 MA lines tomorrow?  Look like the 5 MA line is about to turn back up above the 15 MA line.

Today, three stocks were up with two down; but due to a steeper drop by $AMRN, my port dropped 0.7%.

Price dropped and touched the 89 MA line before bouncing back up.  At this stage, as I’ve mentioned yesterday, it doesn’t matter if price is at $2.30 or $1.81; what matter is what the FDC decides.  Unless you are a short-term trader, today plunge makes no difference.

$DMRC continued to bounce.

Thanks for that ’cause it helped cushion the $AMRN drawdown.  With a bullish engulfment bar yesterday and a follow-up rally today, the probability of a bottom increases another notch.

$ORBC also climbed back near the 79 & 89 MA lines.

If they can move above those two lines, then $ORBC will be in good shape.

With $DMRC and $ORBC gains cushioned against $LRAD and $AMRN drops today, my port gave back 0.7%.  YTD gain is now at 11.7%.

Current holdings:

LRAD, HYGS, DMRC, ORBC, AMRN (100% invested/speculated).

From my other account:

Still holding $FITX, $LRAD, $CLDX, and $AMRN Jan 2014 $2 call option.

My 2 cents.

 

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Market took a dive into the water at the open and then swam back to the surface to bake under the sun.

Now, if price can close above the 5 and 15 MA tomorrow, then we will have a bona-fide bounce.  In all likelihood, the 5 MA will now turn back up after touching the 15 MA line.

My port followed the market to the teeth.  Early morning my port was underwater with $LRAD, $HYGS, $ORBC swallowing gulp of water. Later on, both $LRAD and $HYGS swam back up nicely with $ORBC still down.

Meanwhile $DMRC finally pull its weight after such a long time trekking down the hill.  It actually saved the day by being up 7.9% for the day.

 

Could it be the bottom now?  Who know.  I’m still fully committed to $DMRC’s Digimarc barcode technology.  I truly believe it will see its day in the worldwide platform; the same way I’ve been holding $LRAD all these years believing its technology will finally be recognized.

$HYGS also bounced off the 79 MA line and ended with a green bar.

There is a good chance the bounce will continue due to the magical quality of the 79 & 89 MA lines.

$AMRN continued to struggle to stay above $2.

The battle raged on but was really pointless ’cause the real catalyst is essentially the FDA decision.

Thanks to $DMRC stellar performance to save the day, my port gained back 1.5% with YTD gain at 12.4%.

Current holdings:

LRAD, HYGS, DMRC, ORBC, AMRN (100% invested/speculated).

From my other account:

I bought back $CLDX in the morning due to its ability to hold positive while most other stocks were taking a beating.  It was a good decision since price closed higher than I bought.

Still holding $FITX and $LRAD.  I also bought $AMRN $2 Jan 2013 call options awhile ago which I’d forgotten to mention before.

My 2 cents.

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While it seemed that the market was down but it really was just a neutral day.

Look at the daily chart above, it was a flat day despite a red bar.

I had three stocks down and two up for the day.

$LRAD continued to correct for the 3rd trading day.

I believe that it will start to bounce off the uptrend line tomorrow.  After hectic weeks of strong upswing, the recent corrections were expected so I’m not concerned.

$DMRC took a beating early in the day but made a gallant came back to reduce the loss before closing.

Now, with a nice long-tail bar formed today, we “may” just see the bottom.  Taking out today high later this week will at least confirm a bounce from here.

$HYGS gave back yesterday gain while $ORBC continued to inch higher.  But the star of the day is, of course, $AMRN.

$AMRN finally broke out of $2 and filled the gap from late January of this year.  This is a significant event for it shows that the sentiment has shifted back to the positive side.  All eyes are on the FDA decision that may come next week if not this week.

Due to getting hit hard on $LRAD and $HYGS but cushioned by gain on $AMRN, my port gave back 1.8%.  YTD gain is now at 13.3%.

Current holdings:

LRAD, HYGS, DMRC, ORBC, AMRN (100% invested/speculated).

From my other account:

I sold $KGJI and bought $CLDX.  Since this is a trading account, I tend to move things around more easily.  Talking about this being a trading account, I’ve yet to kick myself for not taking profit on $LRAD when it went all the way to $3.88.  But hindsight had a way of making a fool out of us; so I’m not going to dwell on it since the long-term prospect is still very good here.

My 2 cents.

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Market started off on the wrong foot but found its way back to the top.

On the daily chart above, you would think the bull roared back from almost falling off the cliff.  But when you look at the weekly chart below, it is just another up week.

And the bull marches on.

Today my port had a close call with three up and two down.

$HYGS, $ORBC, and $AMRN managed to bounce back nicely after starting poorly from the open.

$HYGS ended the week slightly higher than last week close.

Price bounced off the 89 MA support line after touching it this morning is further proof of the magical quality in the 79 & 89 MA lines.

$ORBC also bounced off the long-term support line.

As we approach mid-Sept, price can see $7 in a New York minute when news of full operation of all new satellites is released.

$AMRN closed strong despite the pull from the bear during the week.

Also with a catalyst event in mid-Sept, price may shoot up if FDA reflects a positive attitude toward Vascepa.

$DMRC ended the week on the weak side.

 

Oh well, nothing for me to do but to wait.

While $LRAD was down today, I like the way it came back from the low of the day.

See how price bounced off the 15 MA line and closed near the resistance/support at $3.36?  The way I see it, this rally is far from over.

Thanks to the rally from three stocks, the gains were enough to offset the drawdown from $DMRC and $LRAD to get a breakeven for my port.  Thus, YTD gain remains unchanged at 15.1%.

Current holdings:

LRAD, HYGS, DMRC, ORBC, AMRN (100% invested/speculated).

From my other account:

I sold $KNDI for small losses.  I also picked up some $KGJI at $1.32 looking for a bounce. Because I got the dividend from the main account, I’m willing to give this one another chance over here.

See how today low bounced off the 89 MA line?  This was why I bought $KGJI for the bounce.

Still holding $FITX and $LRAD.

My 2 cents.

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Market traded up first half of the day and then closed underwater to end the day.

It is still too early to call this recent minor corrections a change of trend.  As long as price continue to trade above the 15 MA line, the bull trend is still intact.

Meanwhile, a lot of stocks were trading down.  My port is no exception.

$LRAD gave back some more gain.

Price now traded near the support of $3.36.  It will be interesting to see if this new support can hold.  Nevertheless, while price took out yesterday low, price is still trading above the 5 MA line as well as the new support.  The recent minor uptrend bar has not been violated yet.  Also notice that the volume on the last four trading days increased on a stair step fashion with today volume significantly lower.  This could mean that more new buyers came in than getting out.

$HYGS also corrected.

Since price is still above the 89 MA support line, today correction may be a simple hiccup.

$ORBC finally broke thru the consolidation range but it went the wrong way.

Price is now at long-term support.  Let’s see if it can bounce tomorrow.  We are getting close to mid-Sept when the new satellites are supposed to be in operational mode.  Price may climb back if this prove to be the case.

Today, $DMRC and $AMRN saved the day by closing higher to help offset the losses.

Today Gateway Conference sparked some interest in $DMRC with price closing higher.

If enough new investors like what they saw today, price may begin a slow climb from here.

Renew hope of a positive FDC outcome might be the reason for $AMRN to bounce back up today.

Price bounced directly from the 15 MA line.  When price can bounce from these 5 & 15 MA lines, it usually means the bull trend is very much intact.

Despite positive closes on two stocks, drawdown on two of my largest positions (LRAD and HYGS) were too much to offset. Thus, my port gave back 2.8% with YTD gain at 15.1%.

From my other account:

I bought $KNDI for a bounce.  I’m still holding at today close since the losses are small.  If price doesn’t bounce tomorrow, I may cut losses instead of carrying it over the weekend.

My 2 cents.

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Following thru from yesterday spectacular recovery, market marched higher despite a wobbly beginning.

From the daily chart, you would think that the market barely survived the bear pull.  Take a look at the weekly chart below:

Now, you can see the bull has always been in charge.  Another weekly up bar.

Today four of my positions were up with two down.

$LRAD continued on its upward momentum after yesterday recovery as expected.

From the daily chart above, you could see that price is now about to break out of an ascending triangle with the long-term resistance of $3.36 as the ceiling.

$LRAD Weekly chart above shows that price has not wavered in its bullish momentum.  Four weekly bar on the up and up.  Fundamentally speaking, there are a lot of explosive revenues growth in the cards (from recent earnings transcript).

• Responded to an RFI from U.S. Coast Guard R&D Center
• U.S. Army put out an “updated” RFI for acoustic hailing devices (original RFI came out in 2010).  Expected to see RFP in early 2015.
• The House has included acoustic hailing devices in the $2 billion budget for NGREA (National Guard Reserve Equipment) funding.
• Mass Notification: anticipating additional orders over the next couple of months (from August) for certain small cities working with the Japanese rep.
• Mass Notification: responded to two large RFPs for two large cities in the Middle East.

Any large order from the above will propel $LRAD to the next level.

$HYGS bounced off from the 89 MA line.

How many times have we seen prices bounce off from the 79 & 89 MA lines?  They are magical since the bounces have happened almost all the times when prices traded near/at/around the 79 & 89 MA lines.

From the weekly chart above, the downdraft has stalled at the 38% Fibonacci retracement level.  The possibility of reversing back to an uptrend is high from here.

While the daily chart of $CPST did not show much movement, the weekly chart below shows a cautious upward movement.

The weekly bar is now trading above the 5 MA line.

On the other hand, $ORBC weekly chart below showed a flat pattern this week.

Although flat, price is still trading above the 5 MA line which is good for developing a base to bounce from.

On the same token, while $AMRN daily chart showed little movement on the last three trading days, the weekly below shows that the bullish upward momentum is still fully intact.

See how the weekly green solid bar moved up from last week doji bar?  Price is very close to breaking out of the $2 resistance.  For those who only see $AMRN’s Vascepa as a “fish oil” pill that is not much different from the over-the-counter fish oil pill, you are missing the big picture by allowing your limited knowledge of the science to dictate your judgement and prejudice.  While the almost pure EPA ingredient in Vascepa may not sound so fancy as compared to the “high” EPA content of the over-the-counter fish oil, the science behind in extracting the pure EPA in Vascepa is in an entirely different order from the science in extracting high EPA in over-the-counter part.

Personally, ever since I’ve started taking Vascepa from over a year ago, my body never feel the need to alert me of my cardio condition. Whereas before I started taking Vascepa, my body had more than multiple occasions alerted me of a possible cardio condition by exhibiting minor pain around my chest and arm.  Could it be the placebo affect?  I like to think it is the Vascepa that actually helps improve my cardio condition.  IMHO, the Japanese Jellis study (that proved pure EPA could reduce cardio-event by 50%) the FDA conveniently ignored was not without its merit.

With Congress hearing requesting the FDA to explain the justification of rescinding $AMRN SPA agreement and the recent studies that people with genetic characteristic of low triglyceride exhibited lower cardio-event, I don’t see how FDA can keep on pounding $AMRN to oblivion in front of the limelight.  All in all, I’m very bullish in $AMRN and is going to hold my position into the FDA decision.

$DMRC continued to struggle to stay relevant.

 

Due to lack of news, the shorts were having an easy time walking this one down.  My position is bleeding but my believe in $DMRC disruptive Digimarc technology has not wavered.  So I’m still holding.

Thanks to gain from $LRAD and $HYGS, my port gained back 2.3% today with YTD gain at 14.8%.

Current holdings:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated)

From my other account:

$FITX ended the week higher than the last 12 weeks.

While there was a long tail at the upper-end of the weekly bar, it is still bullish to me.  I believe Health Canada will approve the license.

To me, although the number of shares in the float is ridiculously high, $FITX is the only cannabis company that has a group of impressive scientists and board members on board.  In other words, once the cannabis market really takes off with more legalized States in the cards, $FITX has a good chance of making it big.

My 2 cents.

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Market had yet another neutral day.

 

You could almost see that it was contemplating on an action.  Will it be up or down?  Hmm…

Meanwhile, five of my positions went down with only one up.

$AMRN continued to show strength going into September.

All eyes are on FDA decision sometimes in September.  You never know, a positive decision could pop up next week and Boom! there goes the price and you hurt your neck for having to look up so high.  Wouldn’t that be a nice scenario to see in real time?  Well, I’ll know soon enough.

$HYGS continued to correct.

It is now at long-term support and the 79 & 89 MA lines are not too far below.  Since I bought this for long-term hold, I’m going to have to sit thru the volatility.

$DMRC gave back yesterday gain.  Giving its up and down daily movement, this one is now stuck in consolidation range.

$ORBC, $CPST, and $LRAD all went nowhere except bouncing around.

Giving five stocks down, my port gave back 2.1% with YTD gain at 13%.

Current positions:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated).

From my other account:

$FITX corrected from yesterday gain.  Still holding for the Health Canada decision.

My 2 cents.

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Market took another pause to rest.

Today was a slow day.

Out of my six stocks, three were up, two down, and one neutral.

$DMRC recovered today with a bounce that created an inside solid bar from yesterday down bar.

Volume was a bit higher than the last two days so maybe this may be the beginning of an reversal uptrend.  Time will tell.

$AMRN did a fine showing today with a break out of its recent consolidation range.

Price is ready to take out the $2 resistance as we approach September where FDA will render its decision.

$LRAD and $HYGS both corrected today. $LRAD again could not stay above the $3.36 resistance.  Sooner or later, the resistance will give way. $HYGS fell back down to support once again.

While $LRAD and $HYGS were down today, it was cushioned by gains from $DMRC and $AMRN.  Thus my port gave back only 1.3%.  YTD gain is now at 15.1%.

Current holdings:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated)

From my other account:

I added to $FITX due to its announcement that Health Canada had already inspected their site.  So, we are now just waiting for the Yes or No licensing approval.  Giving the quality of their construction and caliber of their boards, scientists, and management team, I’m confident that they will get the approval.  Hence, my adding more today.

$LRAD is still in the money despite today minor setback.

My 2 cents.

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Finally, a pause!

Market decided to sit down and enjoy the scenery at the top.

This time, five out of six are positive.

$LRAD bounced as expected.

This was a very nice close on a Friday. The solid green engulfed the yesterday solid red. It may continue the bounce next week and possibly blow pass the $1.36 resistance.

$HYGS once again defied gravity and bounced back by the close to positive territory.

As the chart shows, price is now back on top of support.

$AMRN also made a nice comeback after taking out yesterday low to touch on the support line at $1.75 areas.

Price immediately bounced back up to close positive.  This is very bullish for next week.

$DMRC bounced today and this saved the day for the chart.

Price almost get back on top of the mini-uptrend.  Let’s see if this can happen next week.

Both $ORBC and $CPST were trading in the consolidation range with nothing much to show for the day.

Giving five positive closings, my port gained back 1.7% today.  YTD gain is now at 12.6%.

Current holdings:

LRAD, HYGS, DMRC, AMRN, ORBC, CPST (100% invested/speculated)

From my other account:

As predicted, $LRAD closed back above $3. My position is in good shape.

My 2 cents.

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