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Thread: 1/2/13 Merry Cliff-mas!!!

  1. #71
    denco1 is online now
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    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,446
    Quote Originally Posted by siriusly_invested View Post
    I want to give creAttachment 690dit to Limit5bass for pointing me to the paperback book called "Stikky Stock Charts". It is from my interpretations in reading that excellent reference that when a trend line makes it's third touch of the stock price then we should normally expect to see a direction in price. In the following example I am showing that today's high did create the third touch in the upper trend line, so we would normally expect the price to fall. However, we are advised to await tomorrow's action for a confirmation. It could be (due to extenuating circumstances, for example, great auto numbers announced), that we will break out above that upper trend line and establish yet another upper trend............. and demonstrate why we just would not automatically sell when we have touched that upper trend line. Then again, if the price direction tomorrow takes a downward movement, then we would be advised to exercise our sell strategy................... and await the time when the price makes another touch of the lower trend line.

    I think I have that analysis right. If not, then please do not blame the bass man. ( not sure what is happening, bu I suspect something is wrong with my attachment action. we'll soon know

    PS. Edit.........oh well, you'll just have to figure it out.
    Thanks fro the Chart SLY.....looks good. I need to get myself that book too.

    @STEELGUY

    What's up STEEL.......long time no see. Where's your better looking AVATAR??

  2. #72
    abcdarin is offline
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    Joined: Dec 2012 Posts: 129
    Quote Originally Posted by denco1 View Post
    Thanks fro the Chart SLY.....looks good. I need to get myself that book too.

    @STEELGUY

    What's up STEEL.......long time no see. Where's your better looking AVATAR??
    Hahaha!!! I was thinking the same thing. It is just not the same without the lady in pink!!!!!

  3. #73
    Redcloud is offline
    1-2-13.png

    It's gonna be an interesting next few days, imo.

  4. #74
    imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    Congrats on over $3 close. I found today I catch fish when watching my phone and siri goes up when I watch my line. Such a tough choice all day

    So did we break out of that cup from 2.97 to 2.68?

  5. #75
    steelguy is offline
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    Joined: Jan 2013 Posts: 8
    Quote Originally Posted by abcdarin View Post
    Hahaha!!! I was thinking the same thing. It is just not the same without the lady in pink!!!!!
    ya I tried but it won't accept an animated avitar

  6. Ad Fairy Senior Member
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