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#1 A-ha

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Posted 22 January 2007 - 11:08 AM

for about average %5-%6 profit... They were OIH WFT BJS HAL GSF SLB RIG BHI i have no long position in any sector....

Edited by xD&Cox, 22 January 2007 - 11:11 AM.


#2 dcengr

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Posted 22 January 2007 - 11:17 AM

Nice :) I'm still waiting to see when you put that second nail in.
Qui custodiet ipsos custodes?

#3 Sentient Being

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Posted 22 January 2007 - 11:23 AM

You are tempting me to sell. I'm up about 2.7% in IEO at the present market value. I'm going to give it another couple of days though. I think you may be early in leaving. But quite frankly, given my record, I should be following you in getting out the door while ahead. :)
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#4 A-ha

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Posted 22 January 2007 - 11:36 AM

Honestly it looks ok at least today... Watch 134.7 +/- 0.2 ... there is a steel wall there... an inner declining top line which also corresponds to the level where it cracked down on volume... I think at least you may get more consolidation there before any breakout... What really scared me is the market ... I have a sneaking suspicion that they will pull the plug before the big earnings ... I didnt want to hold any longs... If they do, it could take them all down including commodity related stocks... just like May 06.

#5 vitaminm

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Posted 22 January 2007 - 11:41 AM

still green zone /may pull back to 5-10ema

http://finance.yahoo...FT BJ...0&a=&c=
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#6 arbman

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Posted 22 January 2007 - 01:26 PM

I also closed the longs this morning (or more like stopped out around noon). This really worries me now, I think there is really not much left for further upside catalyst for the ST. Perhaps the Fed POMOs are next for the eom, it's been a month since the last POMOs. The treasury investment auctions were not also impressive... The dealer activity also went down quite a bit, I think they are happily selling to the buyers now...