Stop

    $DJR

    Posted by airstream on 5th of Feb 2009 at 10:19 am

    Good Morning   Dr O    I am in SRS and looking for advice from you on placeing a stop here on SRS   It moves so fast  I dont want to give back all my gain.

     

    SRS

    Posted by drorlando on 5th of Feb 2009 at 10:29 am

    airstream:  I underatsnd.  One cannot fault for a profit, in that case $DJR will settle back to todays lows, maybe lower.  Sell SRS around 67, and perhaps grap her back at 64 if $DJR 5 minute chart still looks sick.  Take the money man and run!

    SRS

    Posted by drorlando on 5th of Feb 2009 at 10:37 am

    $DJR has now "R" @ 118, SPX has support @ 812...keep an eye on those numbers.  15 minute looks to me SPX will test 812/808 support today.

    $DJR

    Posted by drorlando on 5th of Feb 2009 at 10:41 am

    However, if you look at 15 minute and 60 minute $DJR, she looks really kinda terminally ill!

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