Despite Fly’s major victory today, I had a minor one myself. Today I put to bed that david character, I have no idea who this cat is, but for the past week or so he’s been negative on my positions, mainly [[MELI]]. As MELI closed near the high of the day again, I can’t help but to think if we were in a boxing ring this guy would be TKO.
What people fail to realize is the Cajun works hard, and he is well connected with people all over the internets.
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right is right and you win, fair and square. I still feel MELI gonna tank and tank hard, consider this a minor victory in this confused market.
Sell and take profits in AM
Davis
Ragin,
Bought some CHNR today after seeing your post a couple of days ago. Got a nice pullback to the 200MA (almost) so figured it was worth a try. The RSI(2) didn’t get as overly oversold as I would have liked, but if this thing busts thru the Oct High downtrend line, it would be too late for me to feel comfortable jumping in. Thanks for pointing this out.
Funny you mentioned that, i was looking at it today. It’s thinly traded be careful, I still like it.
yup. I hear ya. The volume on these last very days was much lighter than I’ve seen in a long time — and today was the lowest single day volume since the big move last October. Would that concern you?
Not at all.
Volume has been light all around, everyone waiting for the next move.
thanks for all your great posts!!!
mercury