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Thread: how we get there

  1. #11

    Join Date
    Mar 2009
    Posts
    48

    Default Re: how we get there

    UDN looks like the stonger chart to me - a W double bottom. The first low of the W points to the price target at a diagonal at about 27 UUP has retraced from a M pattern and broken a support line. However the slow sto is forming a bullish cross. Price target 26.5-27

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  3. #12

    Join Date
    Jan 2009
    Location
    Upstate NY
    Posts
    142

    Default Re: how we get there

    UDN/UUP. I think as soon as the smoke clears with this Pig Virus, the dollar safehaven buying will subside which equals upside for UDN.
    "Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog

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  5. #13
    alevin Guest
    AutoTracker

    Default Re: how we get there

    thanks guys, that helps me get clearer about what to avoid for now. My buy list at the moment is mainly Chinese, Canadian and commods.

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