Wednesday, March 25, 2009

midday play

it got down to 52.08 that is near a horizontal price line and an okay place to cover
still money to be made but not as much supply up again having trouble getting this one done thanks to durable goods and housing number we are still in this buy channel which is a bull trend
and an extra day will extend the top of the channel to 54.75 this wont stay quiet long do not get complacent. Take a short at 2:05 at 52.80 stop yourself 53.05 and buy back down a half for a quick $500