6 replies to this topic

[hiker]

see PnF chart area 12 to 13.49 boxes

very risky...news today has beaten up longs so far..not a short term trade

http://stockcharts.c...llery.html?dndn

12 is also approx 50% retrace of the approx move from $5 to 19 approx premkt high today

Edited by hiker, 30 March 2007 - 10:37 AM.

[Mr Dev]

having heard this story early in the week,...I was very tempted to take a a small long position 10-20k which would of been

my first stock position since about 2001,.. what a distraction that would of been making over 200%

[hiker]

something wrong with 7.9% in a few minutes?...you be the judge whether it is going back to 19 and higher by May 15th ..or lower than $12

Edited by hiker, 30 March 2007 - 10:43 AM.

[Mr Dev]

something wrong with 7.9% in a few minutes?...you be the judge whether it is going back to 19 and higher by May 15th ..or lower than $12

hiker
that's great!

hehehe, I play futs for that kind of fun,...it just sometimes takes a lots of energy all while still trying to focus on

end of day strategy for flipping Rydex.

...and when would I have time to work out?

Edited by Mr Dev, 30 March 2007 - 10:48 AM.

[hiker]

I realize Dev...thanks. have a great weekend. you know how to manage risk...great work here on your part over the years...many thanks.

[Mr Dev]

I appreciate what you've done here as well,.. you have a great weekend too.

[saltlake]

Dndn should trade in the 30s in no Time.