Edited by Mr Dev, 21 May 2007 - 02:28 PM.
NEW HIGHS NEEDED TO OCCUR
Started by
Mr Dev
, May 21 2007 02:20 PM
2 replies to this topic
#1
Mr Dev
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Posted 21 May 2007 - 02:20 PM
If new highs were not met, my definition of divergences would not be fulfilled.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Mr Dev
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Posted 21 May 2007 - 02:30 PM
For those that have come and gone chart above was added,..maybe this move up the View new list
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#3
Mr Dev
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- 11,528 posts
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Posted 21 May 2007 - 02:54 PM
Mr Dow is tired he needs a rest and will likely be the biggest decliner tomorrow or into Wednesday. It's short term technicals look so ugly...
Not sure if I want to split my shorts and move over half tho... because it would mean a 1% loss today and if the
NDX follows quickly that would be made up in a blink... so I'll probably play it safe here and stick with the shares I have.
THat also means letting the todays RUT out performance of more than .35% against the NDX go as well.
IF the RUT is stronger tomorrow then I'll move in...but the NDX made a high today and the RUT was kinda ugly
with its attempt,. and with its two day strength try again tomorrow.
Edited by Mr Dev, 21 May 2007 - 02:57 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
