Someone who knows what he is talking about.
Sunday, November 25, 2007
Saturday, November 24, 2007
Friday, November 23, 2007
Sunday, November 18, 2007
Posted by Unknown at 10:10 AM
Thanks for adding me to your blogroll.
Please be aware that I don't blog very much.
The main reason I put up this site is to justify my mad reasonings at Beanieville
I got tired of putting up the same information in the comments section so I put it here.
Posted by Unknown at 9:53 AM
Thursday, November 15, 2007
Monday, November 12, 2007
That is a very good article to read.
Here is an example.
You purchased 100 VMW @ 114.
VMW breaks support @ 104 can could possibly go to 96/93/85/82/73.
You don't want to sell VMW because you are already down 10 pts. But then if you hold it, it can go down further.
What you can do is short 100 VMW @104.
You MINIMUM loss is 10 points. Your maximum loss is unlimited.
Let's say you cover VMW at 84.
This wll give you 20 pts gain on the SHORT and 30 points loss on the LONG, net 10 pts loss.
HINDSIGHT IS 20/20.
No one could predict how low VMW can go. But if you look at the charts, the possibility of the stock falling to a price is more likely as the stock continues to break support and does not reverse course.
How many of your drives a brand new car paid for in cash and not have full coverage?
Saturday, November 10, 2007
Saturday, November 3, 2007
Friday, November 2, 2007
|13021||-||Support, the 9/10/07 low|
|13603||-||50-day simple moving average|
|13161||-||200-day simple moving average|
|13359||-||50% retracement of the 08/16/07 low to the 10/11/07 high|
|1439||-||Support, the 9/10/07 low|
|1503||-||50-day simple moving average|
|1479||-||200-day simple moving average|
|1473||-||50% retracement of the 08/16/07 low to the 10/11/07 high|
|2536||-||Support, the 9/10/07 low|
|2663||-||50-day simple moving average|
|2560||-||200-day simple moving average|
|2610||-||50% retracement of the 08/16/07 low to the 10/11/07 high|
Posted by Unknown at 7:13 PM
Thursday, November 1, 2007
Notice how close the price came to the weekly BB for QQQQ before today's reversal.
Posted by Unknown at 5:45 PM