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Re: m177 post# 331478

Thursday, 08/23/2012 10:43:29 AM

Thursday, August 23, 2012 10:43:29 AM

Post# of 376171
SAN short? (edited)...just seems too anticipatory to me...shorting because it is 'too high' is not a good reason in my book

I wait...let the chart tell me it is rolling over...and miss some that way, but my risk is lower...

Besides which, most of the movement here comes overnight, because it is a foreigner...

Descending wedge on that weekly chart...that pattern is associated with a break to the upside...

Just my 2 cents..

:)

EDIT: If you are doing it for fundamental reasons, then don't pay attention to me, I have done no DD on this one...

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