nikoschopen
2,824 posts
msg #59829
- Ignore nikoschopen |
2/20/2008 5:35:42 PM
That's right, you won't see me dilly-dally when it comes to cutting my losses. No reason to stick around for days, if not weeks, hoping to recoup ure losses.
As for tomorrow, the daily chart looks moderately bullish but I find what was stated in the Fed minute somewhat worrisome. Essentially it confirmed that the economy faces a double jeopardy of both inflation and recession, better known as stagflation, and for those who took ECON 101 would know that stagflation is a death knell for the economy.
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johnpaulca
12,036 posts
msg #59840
- Ignore johnpaulca
modified |
2/21/2008 9:02:05 AM
DBA...short at opening. $40.50
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johnpaulca
12,036 posts
msg #59842
- Ignore johnpaulca |
2/21/2008 9:58:09 AM
TNH...closed@$127...(+2.8%)
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johnpaulca
12,036 posts
msg #59851
- Ignore johnpaulca |
2/21/2008 12:45:53 PM
CRM...long 53.85
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nikoschopen
2,824 posts
msg #59852
- Ignore nikoschopen |
2/21/2008 1:29:41 PM
R U sure about this? Just for the heck of it, I'm short CRM @ 53.59
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johnpaulca
12,036 posts
msg #59853
- Ignore johnpaulca |
2/21/2008 1:42:08 PM
It has to close above my lower BBands today, if this happens it should pop at the open and I will sell.
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nikoschopen
2,824 posts
msg #59854
- Ignore nikoschopen |
2/21/2008 2:55:43 PM
I jumped the fence as soon as I gleaned at the daily chart, which looks like a good short setup in my judgment. But now that I've looked at the intraday chart, boy, my entry couldn't be more wrong. I got in right at the ascending trendline. Talk about (in)perfetct timing. Well, duh!
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nikoschopen
2,824 posts
msg #59855
- Ignore nikoschopen |
2/21/2008 3:49:28 PM
Just about made up all my losses from yesterday, whew!
As for CRM, I ain't looking for too much of anything with only 100 shares. But if I'm anywhere near correct, this thang can crater back down to 48-ish. Good luck.
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johnpaulca
12,036 posts
msg #59857
- Ignore johnpaulca |
2/21/2008 4:30:34 PM
It was a good buying day...some stops got triggered.
CRM...closed nicely...high probability of a pop tomorrow.
P.S glad you were in the green today.
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johnpaulca
12,036 posts
msg #59858
- Ignore johnpaulca |
2/21/2008 4:58:10 PM
Longs for tomorrow:
WFR...
DO...
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