The 100 (not on graph) is close to the 200... lots of room to run here... I expect it will break the 50 soon and run close to 100. I calculate for SRS a move to 100 with a stop if it goes to 83.5... that's better than a 1:3 risk/reward ratio (the standard for a trade)... here it is actually better than 1:4... may be worth it to plunge in...
Just bought a small position at 86.51... mental stop in the 83.5 region.......
(orange text = updated/added after original post published).
Ben isn't/can't bail them out anymore. This link is a fundamental reason I like SRS...
http://www.forbes.com/feeds/ap/2008/05/19/ap5025361.html
Here's the SPX... little bounces off of the 50 just like I thought would happen on the last post. I think we break through the 50 soon. Also the VIX is low and rising... the perfect combination...
I think we are approaching a buy point in shorts. Let the charts make up their minds.......
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3 comments:
hava durumu haritası bu mu
Exact same thing to you, buddy.
süperrr
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