3309 Drysdale Ct
Edwardsville, IL 62025
It looks like you got stopped out, but I liked the play. Feel free to post more.
I relaxed the stop a little.
Not stopped yet.
20 DMA so far holding on UYG at 19.42. I've got a little. p.
Seemed to bounce and had some support just below $19.20.
sticking the toe in UYG @ 19.20
Make sure and have a tight stop in there at $19 or a little less. This ran up in 1 week from 14 almost to 25, and I can see it pulling back to 18 or even slightly under that.
I bought a piece.......with these ultra etf's I never buy all at once....averaging in.
but thanks
Bob, I'm also watching the support level Dodger gave us in the weekend newsletter at 19.98 on XLF. UYG's chart is almost identical. We'll see. p.
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It looks like you got
UYG quick bounce
Posted by trader2 on 28th of Jul 2008 at 02:26 pm
It looks like you got stopped out, but I liked the play. Feel free to post more.
I relaxed the stop a
Posted by flmaia on 28th of Jul 2008 at 02:30 pm
I relaxed the stop a little.
Not stopped yet.
20 DMA so far holding
Posted by Peridot on 28th of Jul 2008 at 02:39 pm
20 DMA so far holding on UYG at 19.42. I've got a little. p.
UYG
Posted by bob52 on 28th of Jul 2008 at 03:02 pm
Seemed to bounce and had some support just below $19.20.
sticking the toe in UYG
Posted by dylan398 on 28th of Jul 2008 at 03:12 pm
sticking the toe in UYG @ 19.20
uyg
Posted by bob52 on 28th of Jul 2008 at 03:23 pm
Make sure and have a tight stop in there at $19 or a little less. This ran up in 1 week from 14 almost to 25, and I can see it pulling back to 18 or even slightly under that.
I bought a piece.......with these
Posted by dylan398 on 28th of Jul 2008 at 03:43 pm
I bought a piece.......with these ultra etf's I never buy all at once....averaging in.
but thanks
Bob, I'm also watching the
Posted by Peridot on 28th of Jul 2008 at 03:11 pm
Bob, I'm also watching the support level Dodger gave us in the weekend newsletter at 19.98 on XLF. UYG's chart is almost identical. We'll see. p.