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A long idea: WMT


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#1 andiron

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Posted 12 November 2009 - 12:17 PM

looks good here.. I bought some for $60 target

#2 jdjimenez

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Posted 12 November 2009 - 12:53 PM

looks good here.. I bought some for $60 target


I've been watching WMT and it looks like there may be sellers lined up from the 4-3-09 $54.30 & the 4-2-09 $54.57 highs. If it gets above $54.57 & volume stays it looks like a buy to me.

This from a beginner!

JDJ

#3 porsche911sg

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Posted 12 November 2009 - 04:05 PM

looks good here.. I bought some for $60 target

I think it's a sell. There is too many distribution days for too long a period.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!