InvestorsHub Logo

conix

09/10/12 8:20 PM

#13830 RE: MorningLightMountain #13828

He is absolutely right. There were PLENTY of warnings, but investors expected a pop. They were really just traders, but it sounded better to call themselves investors.

risk on

09/10/12 9:13 PM

#13831 RE: MorningLightMountain #13828

That's why you can fight back. Theres more than one way To trade this bloated pig. I play the channel, and so far, it's worked well. I switch from long to short within the clearly defined channel along this downward slide. Channel says next stop to get off the short train safely in high 16s, start buying there, and continue, because it will pop back up to 18s, rinse and repeat Til there is a trend reversal.