Member
Posted 10 December 2015 - 09:33 AM
Will try to buy below $16.49-
Will risk about 3-years worth of dividents, i.e. about $1.50-
Will reevaluate not earlier than early February 2016-
My EW counting and a short term inverse (Terry Laundry's) mfi-T that probably expired yesterday, both suggest to me to go ahead and take the trade.
Edited by tria, 10 December 2015 - 09:43 AM.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
Member
Posted 10 December 2015 - 10:04 AM
what about that little gap just below 16?
and is this a buy for a bounce to x? or more - fair value is more likely around 12 with current oil prices, IMO
Edited by dasein, 10 December 2015 - 10:05 AM.
Member
Posted 10 December 2015 - 10:21 AM
what about that little gap just below 16?
and is this a buy for a bounce to x? or more - fair value is more likely around 12 with current oil prices, IMO
I don't know what it is for Dasein, at least not now.
Like I said, will reevaluate end Jan/early Feb If I am filled and not stopped until then.
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
