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trader guy

05/19/09 8:19 PM

#88000 RE: Shawn Carter #87995

Maybe the 200ma will catch it but it never has before and by the time it reaches it, it will be a falling knife and go through it like butter. All you can do is get out of the way to avoid getting hurt.
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TTT

05/19/09 8:49 PM

#88012 RE: Shawn Carter #87995

Hi all, Ive been watching from the backseat. I'm not a basher but a chart gazer. I am tending to agree with Ichimoku on the classic head and shoulders. All charts pointing to it, fast and full stochs,rsi,will%,volume and a retrace inside upper bolly. I am long on this position but maybe time to take a little more profit.I know, it's not what I want to hear either. Of course all of this is IMO only.