| StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!! | << 1 ... 46 47 48 49 50 ... 162 >>Post Follow-up |
| johnpaulca 12,036 posts msg #59783 - Ignore johnpaulca |
2/19/2008 12:19:08 PM GLD...shorted a rising wedge...shame on U (<: |
| nikoschopen 2,824 posts msg #59784 - Ignore nikoschopen |
2/19/2008 12:23:59 PM What rising wedge? Plus, a rising wedge is supposed to be BEARISH (!!!) |
| nikoschopen 2,824 posts msg #59785 - Ignore nikoschopen |
2/19/2008 12:30:56 PM I'll post a chart later to once again over-rationalize why you absolutely need to short here and now. Many indications IMHO. Cheers! |
| nikoschopen 2,824 posts msg #59789 - Ignore nikoschopen |
2/19/2008 1:03:11 PM JP, be sure to short DBC as well as it approaches 35. Currently trading at 34.65 |
| johnpaulca 12,036 posts msg #59791 - Ignore johnpaulca |
2/19/2008 1:22:40 PM Niko....this is how I saw GLD... I saw a rising BBand which should act as a spring board sending it to the last high. I was looking to short right about now or very soon.  |
| johnpaulca 12,036 posts msg #59792 - Ignore johnpaulca |
2/19/2008 1:32:25 PM DBC...short@34.70...should revert to mean...thanks Niko. -bought some more RIG this morning. Notice DRY & EXM are moving forward. Did you notice the pop on RIO this morning, I been accumulating this for a while...got beaten up, just had to take a position in it. -cheers |
| nikoschopen 2,824 posts msg #59793 - Ignore nikoschopen |
2/19/2008 2:18:37 PM Short DBC @ 34.81 Time to party! lol |
| nikoschopen 2,824 posts msg #59794 - Ignore nikoschopen |
2/19/2008 4:30:18 PM My analysis could be totally off and I could even get stopped out tomorrow, but the risk:reward ratio is too damn good to pass up. |
| johnpaulca 12,036 posts msg #59796 - Ignore johnpaulca |
2/19/2008 5:01:09 PM Can't argue with the chart bro...it's amazing how we all look at the same chart and see different things...I was pretty sure about the bounce off the BBand, I not so sure after that, I see it's at resistance and it should come down. When I am not sure I look somewhere else. |
| nikoschopen 2,824 posts msg #59797 - Ignore nikoschopen |
2/19/2008 6:25:59 PM Even if you are wrong, the damage would be very minimal. But if you happened to be right, well, no need for me to even discuss the potential reward. |
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