Replies to post #133475 on Simple's Green Room

[estimator]

I will post a chart so you can see an example of what I am talking about when I have a chance. The easiest thing is look for the intersections at the trend lines.

[pennies2007]

NU 4 Hour Chart

Looking good here for shorts Heavy. TDI is still locked into that contracting triangle pattern and we have a confirmation downturn.

My grandfather had a farm when I was growing up and I used to visit there quite often. I used to love finding turtles around the pond and picking them up. My grandfather would tell me "Son, if that turtle bites you, he won't turn loose till it thunders."

So I'm passing the message on..."I ain't turning loose of the NU shorts till it thunders." Basically, until the TDI bottoms at the lower trend line. I gave up a butt load of profit last time because I closed way too early. Not this time.