Edited by hiker, 25 June 2007 - 02:35 PM.
BSC
Started by
hiker
, Jun 25 2007 02:33 PM
4 replies to this topic
#1
Posted 25 June 2007 - 02:33 PM
open 9/06 gap 137.24-138.20
3 min chart has turned up so far, once this gap was filled
I will stay long post-close, for as many days as it remains above 136 or so..let's see where it closes...not out of the woods yet.
#2
Posted 25 June 2007 - 04:20 PM
david malpass, chief economist from Bear Stearns to be interviewed at 5:40 ET on Tom O Briens radio show... www.tfnn.com
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
Posted 25 June 2007 - 08:45 PM
I see your work, hiker, but I think you might be playing with fire. Better to long something in the same sector with the same basic chart, but without all of the baggage...just my opinion and I offer it without charge.
#4
Posted 26 June 2007 - 08:09 AM
thanks SB and John. below 136 and I bail..near breakeven. nothing lost with this trade unless big gap down catches me.
and some upside potential, considering the bearishness and uncertainty priced into the BSC yest. in addition, a short squeeze setup may develop.
Edited by hiker, 26 June 2007 - 08:11 AM.
#5
Posted 26 June 2007 - 08:44 AM
139.80 and above...am scaling out of long...already 80% out.