I have been meaning to ask your opinion of the Elder Impulse
System charts. I think you started using those about 6 months
ago or so and was wondering if you find them useful?
I looked at them and then dropped them and went back and forth -
I knew you had stuck with using them or at least watching them so
wondered what your take was. Thanks.
stopped out, financials are strong
FAZ
Posted by ditch on 16th of May 2011 at 11:04 am
stopped out, financials are strong and should take the broad markets up with them.
Any thought of going long
Posted by frtaylor on 16th of May 2011 at 11:05 am
Any thought of going long FAS?
Not right here, I'm thinking
Posted by ditch on 16th of May 2011 at 11:12 am
Not right here, I'm thinking of going short again, Already FAZ back above $42.
Hey Ditch, I have been meaning
Posted by tom on 16th of May 2011 at 11:22 am
Hey Ditch,
I have been meaning to ask your opinion of the Elder Impulse System charts. I think you started using those about 6 months ago or so and was wondering if you find them useful?
They are pretty............................just another tool, not
Posted by ditch on 16th of May 2011 at 11:26 am
They are pretty............................just another tool, not the holy grail. imho
I looked at them and
Posted by tom on 16th of May 2011 at 11:39 am
I looked at them and then dropped them and went back and forth - I knew you had stuck with using them or at least watching them so wondered what your take was. Thanks.
It's nice to know what
Posted by frtaylor on 16th of May 2011 at 11:14 am
It's nice to know what an experienced trader is thinking. Last Friday FAZ worked well for me, so thanks!
I thought with the head
Posted by ditch on 16th of May 2011 at 11:20 am
I thought with the head of the IMF being charged with Rape, and the debt ceiling being reached the financials would have a much harder time today.
But then rape and debt are just so common today! no one cares,