Posted by drorlando on 27th of Aug 2008 at 02:21 pm
KH: Sprry, just got back. Got lucky on my target TSL
$DJR is trading in a channel between 242 and 247, but trend IMO
still down. I day trade between these number but 1/2 my
position I bought back around 80 and holding for swing to
120. I think this market may put in year end rally, but not
until the Piper is paid. With so much pessimism and caution
it is hard to see the "big sell-off". She will come, because
charts are #1, but fundemals also work and fundelmentally like Mike
psoted earlier this week, we are up beacuse we are in bad shape but
not as bad as Europe is nothing to sleep on.
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$DJR
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.