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Friday, 01/26/2007 12:43:44 PM

Friday, January 26, 2007 12:43:44 PM

Post# of 385287
I am long from around 10:20 Am and still long waiting for 43.80. The reason to go long was double RSI 14,5 bottom at 30 and CCI moving up from -200 and divergence from MACD 12,26,9 on 5 Min CCI 144 chart. I went short @ 43.77 but covered fast @ 43.45 did not went short after word. My thinking is it is shake up during the earnings period they do it every time and after that it goes higher. Is this time it could be different? Very well could be, my bias for rest of the day is bullish but I am not married to the Idea, I am in the market to make money not to prove me right.
Any logical and technical input is appreciated.
My stop is now @ 43.50

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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