rp, also just took a

    Posted by ocracoke53 on 25th of Apr 2008 at 03:33 pm

    rp, also just took a position is SKF in an ira account. My issue today has been the DUG position.  Will wait and see through perhaps wednesday. Still holding my DZZ will also be an interesting next week for gold.

    yep picking tops and bottoms

    Posted by matt on 25th of Apr 2008 at 03:53 pm

    yep picking tops and bottoms is hard to do and you can get whipped around.  regarding DUG, remember the 'swing' trade by my BPENER mechanical system will trigger when the BPENER closes below the 9 EMA,

    Also, regarding SRS, many are trying to pick the bottom here, however if SPX breaks out and rallies to 1415 or 1430 then SRS will go lower.  If one wants confirmation, then wait for SRS to break the downtrend line and 60 Stochastics to cross 20%.

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