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Re: frenchee post# 74

Thursday, 01/03/2008 9:36:09 PM

Thursday, January 03, 2008 9:36:09 PM

Post# of 106
looking at #msg-22346921, think the d-top could be forming, but it's a bit of a dangerous place here, yes?

So say you're looking to go short here; I'd say the risk/reward is in your favor, in that if it gets much over the past high, you just bail. And the downside could keep coming.

I might actually look at a put here; what do you think on that frehcnee? Any opinion???

Looking at the fundies, just thinking off the top of my head here, the recession risk might dissipate some, and the dollar? Well it could go either way imo...but maybe down a bit w/ rallying commodities.

another chart, reference: #msg-22684168, and intraday, #msg-11883712

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