Wednesday, April 14, 2010

April 14th, 2010

POT is continuing to break down. POT had false breakout.

X and LMT could follow POT pattern. Could they had a false breakout too?

7 comments:

  1. I should have thrown in the towel weeks ago!

    capitulation is no fun... trying to hold thru friday...but at this rate we will be at spy 123 by friday!!

    ractenc

    ReplyDelete
  2. BAS, that is exactly the brokerages want you to do. Throw in the towel. Then they will take down the market. They are testing the short investors how much they can handle.

    ReplyDelete
  3. We could be saying this until SPY 130... :(


    hyarec

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  4. i've calculated what i need to buy in UPRO to stay within margin requirements to at least hedge the daily spxu losses until I decided which to bail fully on, cause this is getting fracking ridiculous.

    p.s. I know as soon as I give in it will reverse on me. Always does.

    mingali

    ReplyDelete
  5. is that help up china currency report due on the 15th?

    i read that in my email from a few weeks ago.


    aplexurd

    ReplyDelete
  6. If you are in margin, yes, then you need a way to hedge your position. Right now I am taking loss on all my positions, but I didn't buy positions on margins. I can hold on as long as I want.

    ReplyDelete