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Wednesday, March 19, 2008

No Pump and Dump Hypocrites Allowed

You know I love ags; however, I am not going to pump.
The trend is your friend.
If you really want ags, then just nibble (20%) in case it continues to decline.

Here is the intra-day chart for MOS.
Do you see where you should have shorted?
Do you see where I bought and then got stopped out?

Here is the intra-day chart for the VIX.
I was not around to take advantage of the action.
But then you know I was already short from yesterday.

Here is a 5 day VIX chart.
Do you see where you should have gone short?

Doesn't that look easy?
It's always easy to look at a chart after the fact and get the big picture. However, it's a little harder to do it live.

Hindsight is 20/20 (copyrighted)

I will post links in the comments section and you can fill in the favorite ags.