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koolblue
Rep: 48,651
Posts: 16,032
Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
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CH
CharterJoe
Rep: 4,475
Posts: 2,352
Overdone move on the 1min
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Short @ 3669
JO
johnpr2010
Rep: 2,285
Posts: 274
What you think could be your cover?
CH
CharterJoe
Rep: 4,475
Posts: 2,352
tp is.... 3649
JO
johnpr2010
Rep: 2,285
Posts: 274
What is your stop loss. Sorry for asking
CH
CharterJoe
Rep: 4,475
Posts: 2,352
I don't have one...hard enough getting the first part right.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Let me make myself clear to keep from sounding like a noob....If I think the price is gonna go down but there acting crazy I'll start with about 200k and work my way in averaging down if I have to. I have an emergency SL that hasn't been hit since 9/11 for emergency situations
CH
CharterJoe
Rep: 4,475
Posts: 2,352
I mean like 9/11 not since
JO
johnpr2010
Rep: 2,285
Posts: 274
Why market went to high? That is incredible.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Prices tend to revert to mean....3675 and will most likely over shoot giving me my limit
JO
johnpr2010
Rep: 2,285
Posts: 274
Joe,

You said that you have your limit @ 3649. I believe we can get to the 3625 Pivot line area. Correct me if I am wrong.
RE
redsixspeed
Rep: 4,111
Posts: 1,711
At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight