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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Rubicon is Doing the Nancy Pelosi Limbo Dance

chessNwine Wed Nov 3, 2010 1:48pm EST 7 Comments

A YOUNGER NANCY PELOSI DOING THE LIMBO DANCE, IN HAPPIER TIMES

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Keep an eye on one of my setups for this week, $RBCN, which is doing the limbo dance just below its key longer-term moving average. The stock has a gigantic short position that will, in my estimation, start to panic a bit should the bulls recpature the 200 day moving average (yellow line) just above.

No position.

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7 comments

  1. urbanryno
    urbanryno
    November 3, 2010 at 1:54 pm

    is that a deer foot on the pole? hahahaha

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  2. Bubbles
    Bubbles
    November 3, 2010 at 2:59 pm

    I’ve been watching that 200 day for a while now as well. Should be a very nice move if it’s breached.

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  3. Indie
    Indie
    November 3, 2010 at 9:13 pm

    in it to win it.

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  4. Spooky
    Spooky
    November 4, 2010 at 9:22 am

    I’ve been watching this one, too. We’ll see what happens.

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