Posted by drorlando on 27th of Aug 2008 at 02:21 pm
KH: Sprry, just got back. Got lucky on my target TSL
$DJR is trading in a channel between 242 and 247, but trend IMO
still down. I day trade between these number but 1/2 my
position I bought back around 80 and holding for swing to
120. I think this market may put in year end rally, but not
until the Piper is paid. With so much pessimism and caution
it is hard to see the "big sell-off". She will come, because
charts are #1, but fundemals also work and fundelmentally like Mike
psoted earlier this week, we are up beacuse we are in bad shape but
not as bad as Europe is nothing to sleep on.
$DJR
Posted by drorlando on 26th of Aug 2008 at 09:50 am
Resistance at 247/246 and 251....Do not think there is much more in her. That puts SRS 91, perhaaps just below 89. Got to go!
$XNG looks strong. PBR should pop here real soon. Good trading!
I will pop in from time to time, but in BFE my access is limited.
Doc, are your views on SRS
Posted by khuck on 27th of Aug 2008 at 01:09 pm
Doc, are your views on SRS still the same?
Thanks,
KH
SRS
Posted by drorlando on 27th of Aug 2008 at 02:21 pm
KH: Sprry, just got back. Got lucky on my target TSL
$DJR is trading in a channel between 242 and 247, but trend IMO still down. I day trade between these number but 1/2 my position I bought back around 80 and holding for swing to 120. I think this market may put in year end rally, but not until the Piper is paid. With so much pessimism and caution it is hard to see the "big sell-off". She will come, because charts are #1, but fundemals also work and fundelmentally like Mike psoted earlier this week, we are up beacuse we are in bad shape but not as bad as Europe is nothing to sleep on.
I dont think he is
Posted by robbie on 27th of Aug 2008 at 01:35 pm
I dont think he is here...