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Lord DarkHelmet

09/14/10 6:29 PM

#405 RE: Fossil-Fuel #403

look at charts for previous squeezes. You will know. Not to belittle these profits, but they are not a squeeze.

Also, certainly you can use TA in the FLD's. You can use it for entry points and overbought areas. If you look at the anatomy of these FLD's that have already played out...you will notice a ladder effect. CDIV's chart is classic of this. For instance, you probably won't have wanted to purchase CDIV in Jan 09 or April 10. All signs were suggesting a pullback. Had you bought CDIV in April 2010, then your $0.60-0.70 /pps would have dropped to low teens, where it is now (before today anyway). All the TA suggested an oversold situation over the last week. That is why I said that CDIV is in a good entry point right now.

I would post the chart, but I am still at work. Maybe I will post it later tonight.