See how RIMM ran into resistance at the 50ema?
That should have been the time to purchase puts.
Instead, I was not focused and did not get the best price.
To be a traders takes efforts.
You need to know where all the moving averages are at.
And if you use fib, you need to know that too.
Posted by
Unknown
at
8:17 PM
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.
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