How's that for a close RIGHTONTHELINE
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Last edited by Redcloud; 03-21-2013 at 07:41 PM.
You know it's bad for the bears when I can't even pick a fight. That's a good thing Fuch them Beocthes!!! Imo. There's a time to sell and a time to buy, but I will never try to make money off the sweat blood and tears of hard working Americans, while they loose, Jmho. I say what I believe, if ya don't like it lump it!!!
Last edited by Redcloud; 03-21-2013 at 08:09 PM.
here are a couple snippets feryaDenco
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What's going on HB! Thanks for the chart and the YELLOWBOX...Bullish Harami too. Looks like we got confirmation with todays action. The weekly chart needs to turn green though with a close of 3.17 to make me feel a bit more relaxed. We got the 18 SMA touch on the weekly.....now it needs to close the week strong.
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3-6-13 HB Quote: "i'm kind of leaning towards painting the fence until the 200d hits the 2.80s and then a drop for a little love from that old friend." How's that working out fer ya?
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Last edited by Redcloud; 03-21-2013 at 08:49 PM.
My momma always taught me to turn the other cheek, but if they slap you again wear their azz out. GLA
probably shaky hands and poor eyesight, Denco -- you get the relative point, though.
regarding the 200dma -- that's less than 10% drop from the bottom of the channel that I have...that was drawn back in November or December.
my thinking is yet the same as the quote that Redcloud so eloquently referred to.
in any case - I'd like to see it visit the 200dma. it's healthy. and. it signals folks to start looking again.
ultimately, we've pretty much been trading in a 10-12% range for a few months. not a big deal. nothing to write home about.
I see your point on the 200 and see it as a real possibility over the next few weeks, months if this market does correct hard at some point. It currently sits at 2.65 so hopefully it can move up a good deal more before the next inevitable test.....which of course will happen, the BIG MONEY question is......when. Appreciate you HB, don't be a stranger my friend.