JI
jimkane
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Any chance of more than one or two people in this topic for the whole week?
JI
jimkane
Rep: 3,058
Posts: 33,089
Should be following through now to the downside if this is to play out and it's looking like they want to come in for it. Be watchful, and cautious, right here.
JI
jimkane
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The area I mentioned sure did stop this dead. But will the end of quarter MRRD's allow a fall in here?
JI
jimkane
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Posts: 33,089
The really interesting part is that if (and that's a big if) this did roll down here, this would be a big W2 4PT.
JI
jimkane
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Posts: 33,089
It's looking a little better now, but I am extremely cautious on the short side here because those MRRD's are rough characters to oppose.
JI
jimkane
Rep: 3,058
Posts: 33,089
What I mean by that is this is a spot where if I'm on the short side I'd particularly not like to see a strong move start up from. If I see it, I may tighten up a stop more than I otherwise would.