sure glad I didn't close out positions. the move down
looks pretty impulsive to me. hopefully we get a move up here
to unwind some of the indicators more before we reach the lows; I
dont want any pos div setting up... took my margin positions
off for a decent profit so now I can hold positions all the way up
to todays highs before I start to loose money.
that was fast
Posted by cwa82675 on 4th of Feb 2009 at 02:16 pm
sure glad I didn't close out positions. the move down looks pretty impulsive to me. hopefully we get a move up here to unwind some of the indicators more before we reach the lows; I dont want any pos div setting up... took my margin positions off for a decent profit so now I can hold positions all the way up to todays highs before I start to loose money.
It looks like wave 3
Posted by junkmaylbox on 4th of Feb 2009 at 02:32 pm
It looks like wave 3 of 5 to me.
Today could be the begining
Posted by cspirit on 4th of Feb 2009 at 02:41 pm
Today could be the begining of Wave 3 this morning. Time will tell however if it is lower prices will occur.