As indicated before, I think we could correct here. Don't buy this dip quickly - I'm not. I may even short futures on a rally for a trade. If so, I post my technique.
PS: guess I was too fast selling gold. Well, that's what the long term gold coins & silver bars are for. I just trade around that long position. I buy dips, sell rips; when I think they are topping, I short & cover. I try to trade long side below my idea of "fair" trend and short side when way over it.
Friday, February 23, 2007
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2 comments:
going through charts on a lovely sunday afternoon in crackerville. getting ready to head out to ybor city. there is a bar there where its bring your dog day, so we r obviously going.
i see if the CRB gets over 325 we start to hear chatter about a hike. a nice positive stochastic diverengnce there.
almost all charts look great at least the 500 i went through.
looks like INFY and SAY mite be in trouble. ALL looks bad
one i thought looked gud was RDCM but i dont have any
peace
mern
XBD bad divg too
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