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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,288.61
(
0.07%
)
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kojira

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kojira

Re: lowman post# 8462

Wednesday, 03/07/2007 7:56:20 PM

Wednesday, March 07, 2007 7:56:20 PM

Post# of 33904
Lowman, couldn't agree with you more. Technical/chart based purchases typically are entries that can be timed. Fundamental NEWS like this affects stock prices, sometimes a week or so later (ripple effect with news propagation etc). MMs are having a field day gobbling up shares in subbie increments that they know they can unload for penny increments shortly. We all know volume precedes price and we are in for a heck of a move. I would be very surprised if we are not multiples higher from here in a couple of weeks.

-k

You're never as good as your best trade and never as bad as your worst. Stay in and win!

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