More tripe to bog down the servers...
Here are some hourly charts. Who's going to be filling in the gap?
Attachment 26Attachment 25
Last edited by JTH; 05-11-2009 at 09:48 PM.
Candlestick crack addict...
Out of 190+ Stocks tracked by FAS, only 3 closed in the red today!
Candlestick crack addict...
Looking at XLF
Last time it pierced through the upper bollinger bands was in Sep 2008.
Last time it pierced through the 50 SMA it was promply rejected and what followed was a land slide.
XLF is now approaching a point where the upper bollinger band and the 50 SMA are close together. Perhaps this will provide a stong area of resistance.
Attachment 31
Last edited by JTH; 05-11-2009 at 09:48 PM.
Candlestick crack addict...
I finally put a trailing stop on half my FAZ position this morning. A 10% trailing stop and it's just about to trigger.
Lady
If you think education is expensive, try ignorance. - Derek Bok
Yea there are a whole bunch of us in the FAZ camp
I don't regret owning FAZ, but I do regret owning so much of it that I can't go out and play with the current uptrend.
I also regret not respecting & recognizing the bear rally early enough, but that's a whole different story...
Candlestick crack addict...
But, soft! what light through yonder window breaks?
It is the east, and FAZ is the sun.
Arise, fair FAZ, and kill the envious moon,
Who is already sick and pale with grief,
5 Minute
Attachment 36
Daily
Attachment 35
Last edited by JTH; 05-11-2009 at 09:48 PM.
Candlestick crack addict...