Reid, Appears to moving above short term downtrend. No MACD signal, but a stochastics buy in place. Is it better to wait and see if it closes above the the downtrend line.
I find that the financial stocks being up today very strange and almost feel like it is setting itself up for a nose dive. Do you have any feelings about shorting the dow here? Dia short?
Boy when I wrote about shorting the dow it was up 125 pts, 1/2 hour later its tanking, wow!! I didnt even get time to place a trade, now Im scared to, it being down so much, have to look at chart after close
What a killer day. Is this a good time to buy ko? It's near its year's low. Are you buying anything? I got a little P this morning and sold the rest of orcl and the "uncovered" wcom at a profit before everything caved in. Have a slight loss in ally and slight gain in slot and not sure what to do about it, they are fairly strong. Didn't buy hov but it's pretty strong too, considering. Freeus