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T.I.N.A.

03/04/13 12:30 AM

#24440 RE: reasondeep #24437

Thanks for sharing, I really do enjoy reading your insights. mm4u

Looking forward to a new week with CERP! ! :D
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Bull5

03/04/13 12:43 AM

#24441 RE: reasondeep #24437

So you think you got it all figured out?

There's only one problem with your scenerio. You plan to sell when you should be loading up. I hope you're not trying to influence people to follow your advice so that you can take advantage of them.

That would make you a very bad person.
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Hashu

03/04/13 2:32 AM

#24449 RE: reasondeep #24437

Good post. Thanks once again!
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reasondeep

03/04/13 7:25 AM

#24460 RE: reasondeep #24437

I needed to make something clear, cause I know at least one person misunderstood my post.

I will only sell if price shows no respect for the .0301 zone. That means it freely plows through it. For example, most recently when price fell from 41 to 35... price action freely fell through 36, it didn't respect it like price action did around 38.

Only if it plows through it, I'll sell most (not all). If price continues to plow through .0288, I will sell all.

This is very different than saying I'm going to sell at .0301 or at .0288. If price action respects these levels appropriately I am still willing to hold at .028. For what it's worth, I have a buy order around .03, so it's not like I think that is some death trap zone. I don't expect price to plow through it.