Edited by Tor, 24 May 2007 - 11:30 AM.
buying some more
Started by
Tor
, May 24 2007 11:30 AM
4 replies to this topic
#1
Tor
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Posted 24 May 2007 - 11:30 AM
.......yet.
Stop in at 1511 in the cash. I am buying some more here. If we close around these levels, will remove the stopovernight, but into friday and next week, I still have to think more UP to come.
Stop on the lot at 1510.
Good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
selecto
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Posted 24 May 2007 - 11:46 AM
Tor, our opinions about nearby direction differ dramatically. I don't meqan to challange you, but I would much like to know from what you are receiving buy signals in here.
#3
Jnavin
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#4
Tor
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Posted 24 May 2007 - 12:11 PM
Tor, our opinions about nearby direction differ dramatically. I don't meqan to challange you, but I would much like to know from what you are receiving buy signals in here.
I think all the indicators are useless here. The RSI, STO, MACD, all useless. We can all see the market is overbought. It isnt the point. Any marginal pullback leads to a spikein the p/c ratio and a raft of top callers. That simply isnt the ingredient for a top IMO. SoI look at simple support levels and the fact the uptrend remains in tact.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#5
Tor
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Posted 24 May 2007 - 01:15 PM
Just got stopped out of all longs. Now I do.........NOTHING. I wait.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
