Stop at F5 for a short sale and cover at the new F6
A Fractal Chart
Started by
Frac_Man
, May 16 2007 10:34 AM
7 replies to this topic
#1
Frac_Man
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Hank Wernicki M.A.
Posted 16 May 2007 - 10:34 AM
Looks like the top is in for the DIA today.
Stop at F5 for a short sale and cover at the new F6
Stop at F5 for a short sale and cover at the new F6
#2
hiker
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independent trader
Posted 16 May 2007 - 10:43 AM
really? I am skeptical for the moment about attempting shorting DIA...you may be correct.
staying long DIA until 15,300 Dow makes more sense to me...flipped short to long DIA on my last post about it.
Edited by hiker, 16 May 2007 - 10:45 AM.
#3
Frac_Man
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Hank Wernicki M.A.
Posted 16 May 2007 - 10:51 AM
THIS IS A DAY TRADE ONLY FOR TODAY
really? I am skeptical for the moment about attempting shorting DIA...you may be correct.
staying long DIA until 15,300 Dow makes more sense to me...flipped short to long DIA on my last post about it.
#4
golden
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Posted 16 May 2007 - 10:58 AM
Beauty and simplicity
Fractals may be beautiful, but simple they are not.
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
#5
Frac_Man
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Hank Wernicki M.A.
Posted 16 May 2007 - 11:46 AM
simple as in design ................................ complex as a system process -- yes
Beauty and simplicity
Fractals may be beautiful, but simple they are not.
#6
Darris
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Posted 16 May 2007 - 01:16 PM
What happens now? Looks like F5 got hit for a stop out, and F3 is now exceeded. Thanks
#7
GOOSE2
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Posted 16 May 2007 - 02:23 PM
What happens now? Looks like F5 got hit for a stop out, and F3 is now exceeded. Thanks
I think it's time to retire the ole fractals. Has one been right since late April?
#8
nimblebear
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Welcome to the Dark Side !
Posted 16 May 2007 - 03:37 PM
What happens now? Looks like F5 got hit for a stop out, and F3 is now exceeded. Thanks
I think it's time to retire the ole fractals. Has one been right since late April?
They have been getting blown like the shorts have. Lot of individual stocks not doing well, but the indices climbing on a few.
OTIS.
