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TheFastOne

02/05/13 9:03 AM

#110324 RE: Ecomike #110321

My worthless 2 cents wouldn't go on the short side as a short term play at this point. I'm not following the news but see the 50% fib line just below.

If it holds the 50% retrace it will likely cup back up and maybe even give an exhaustion gap from there.

JFDAO ... and Fred has proven his Dumb A$$ qualifications!
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maybe_this_time

02/05/13 10:51 AM

#110337 RE: Ecomike #110321

Seems like the falling knife as stopped, but needs to go lower to find a good base? This might take a little time? Not sure about Feb 16 Puts here...