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KISSBACK


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#1 Insider

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Posted 28 March 2008 - 11:53 AM

Be careful guys.... ;) This thing is not bullish. Use stops

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BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#2 TheArchitect

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Posted 28 March 2008 - 12:03 PM

Be careful guys.... ;)

This thing is not bullish.
Use stops


those back kisses are classic...

#3 Tor

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Posted 28 March 2008 - 12:11 PM

looks very bearish.....................hmmmmm
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#4 beta

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Posted 28 March 2008 - 12:24 PM

Here's a question: are multiple kissbacks "allowed" ?

Edited by beta, 28 March 2008 - 12:24 PM.

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#5 TheArchitect

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Posted 28 March 2008 - 12:32 PM

Here's a question: are multiple kissbacks "allowed" ?


i think the more any level gets tested... increases the probability of breaking it (upside or down)...

#6 Insider

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Posted 28 March 2008 - 12:35 PM

Price is king...Always! Insider
BEAR MARKET - JULY 29, 2011

Current Position:

Short the Dow from 12200

#7 arbman

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Posted 28 March 2008 - 12:52 PM

1332 pivot is basically gone here... 50 points lower is more likely now... I still like to see one more rally higher on Monday before a test lower, but it seems like it will be a retest of the pivot only... BTW, there is an insane volume in the june gold contracts, some must be thinking the printing press will fall no short of the deflationary forces... (Edit: I would like to actually see whether the pivot will be gained back from here, this is still a low volume sell off and you could say it is still a retracement)

Edited by arbman, 28 March 2008 - 01:01 PM.