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Thursday, September 25, 2008 4:11:38 PM
If it didn't drop to $1.30 in a matter of minutes this afternoon I would have stayed all-in, but sold some when it came back above $2 to get my capital out (after the sooner-than-I-expected bailout agreement was reached). Still some time before it is official but cheese, I hadda do something. Looks like the rest is a free ride.
The chart could go much higher... or much lower. Ordinarily I'd give it a couple days to wind down from the maxed out RSI2 before starting back up again, but with the bailout plan being the catalyst here, the ride just got a lot more risky imo.
Here's to higher highs...
GLTA
If you're not living on the edge, your taking up too much space.
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