Tuesday, November 29, 2005 11:36:26 PM
if you read my previous posts you would know that I suggested selling towards the top of the channel and buy towards the bottom as long as it stays within it. I started posting this when GZFX was right at the bottom of the channel around .018. Sure enough over next couple days GZFX ran almost right to the top of the channel for 40% gain.... 40% short term(2 day) gain not good enough for you? lol
Now after testing the top of the channel GZFX came right back down as I expected and suggested in my posts before. Unfortunately for you longs this time around the bottom of the channel is not holding so well. It could still reverse here but chances are it will not hold 10 dma and things can get real ugly real quick.
Now see the part of my post you highlighted yourself.... "Think if I came here and started talking about this crashing after it has already crashed I'd be a basher. No sense in trying to help after the fact."
I spent countless hours here suggesting it might be a good idea taking some profits on spikes towards the top of the channel. I was posting this when GZFX was at the bottom of the channel before the next move up. People that took this into account and sold towards the top of that channel are sitting pretty now. Unlike some others that kept bashing me to death and now have less money in their pockets because of their stupidity. Not even taking into account what might happen here over next few days.
Now after testing the top of the channel GZFX came right back down as I expected and suggested in my posts before. Unfortunately for you longs this time around the bottom of the channel is not holding so well. It could still reverse here but chances are it will not hold 10 dma and things can get real ugly real quick.
Now see the part of my post you highlighted yourself.... "Think if I came here and started talking about this crashing after it has already crashed I'd be a basher. No sense in trying to help after the fact."
I spent countless hours here suggesting it might be a good idea taking some profits on spikes towards the top of the channel. I was posting this when GZFX was at the bottom of the channel before the next move up. People that took this into account and sold towards the top of that channel are sitting pretty now. Unlike some others that kept bashing me to death and now have less money in their pockets because of their stupidity. Not even taking into account what might happen here over next few days.
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