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Post# of 36150
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Re: Keller post# 30404

Tuesday, 06/06/2006 1:45:39 PM

Tuesday, June 06, 2006 1:45:39 PM

Post# of 36150
I could tell ya, but then I'd have to kill ya (LOL).

I really just look at support lines. If something gets hit 3 times, I believe it will fail. With DRIV, that was the thinking. It was knocking on the $43's too many times. Just got lucky to short it at the rise before it got crushed. No triple bottoms allowed...

Look at XLNX it looks like distribution volume on the last rise. And it wants to knock on $25 again, which would be three times. No way jose, going down... (IMHO)

Then look at SMH. It verifies my thinking on direction for XLNX. Knocking in this area 3 times in the last 3 days. Bye..Bye chippers. Friday/Monday should be a good day to go long for a week or two...

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