Posted by junkmaylbox on 16th of Dec 2008 at 03:36 pm
$DJR has resistance at MA(50)=148, currently at 143. SRS may
drop by another 10% from here, but buying it at the support would
be a good trade. I am stuck in SRS from 79.56, although my position
is relatively small.
Posted by junkmaylbox on 16th of Dec 2008 at 04:05 pm
MA(50) is usually support. Today we overshot it a bit, but I
would expect this to be corrected. Nearly 25% drop is not bad, too
bad that I was on the wrong side of it :(
http://stockcharts.com/h-sc/ui?s=$DJR&p=D&yr=0&mn=8&dy=0&id=p39002259743
$DJR has resistance at MA(50)=148,
SRS
Posted by junkmaylbox on 16th of Dec 2008 at 03:36 pm
$DJR has resistance at MA(50)=148, currently at 143. SRS may drop by another 10% from here, but buying it at the support would be a good trade. I am stuck in SRS from 79.56, although my position is relatively small.
and where do you see
Posted by maggi3322 on 16th of Dec 2008 at 03:56 pm
and where do you see support?
MA(50) is usually support. Today
Posted by junkmaylbox on 16th of Dec 2008 at 04:05 pm
MA(50) is usually support. Today we overshot it a bit, but I would expect this to be corrected. Nearly 25% drop is not bad, too bad that I was on the wrong side of it :( http://stockcharts.com/h-sc/ui?s=$DJR&p=D&yr=0&mn=8&dy=0&id=p39002259743
SRS made its 52-week low today
http://www.investors.com/quotes/default.asp?ac=&t=sr