TA guys, Look at this chart.

What gives you an idea that the line of least resistance is down? In my opinion shorting opportunity has already passed. No need to chase the bus, better to wait for next one :-) also, In my opinion... not good to ask others for opinions on where the line of least resistance is. I think it often results in psychological conflicts. Better to have rules and to stick to them :-)

Andy
 
Shorting it on Friday below the 9/8 low might have been nice. But then yesterday it had an outside day or bullish engulfing if you're into candlesticks, on higher volume. It seems too iffy right now.
 
Quote from newtoet:



WDGann, do you ever post anything useful? Or, is it all just meaningless drivel? Just wondering...

I would think with 1500+ posts, there had to be something of significance. But, one sure cannot tell by your recent posts.
More...

I actually don't post anything useful... :(

It's all BS :)
 
Do you all remember when Jesse Livermore was talking about a wise old guy talking to a young guy. Old guy buys a stock based on the young guy's information. Young guy exits his position but the old guy stays in...

Bwahahahahahahahahahahahahahaaha

:)

:cool:
 
Quote from WDGann:

Do you all remember when Jesse Livermore was talking about a wise old guy talking to a young guy. Old guy buys a stock based on the young guy's information. Young guy exits his position but the old guy stays in...

Bwahahahahahahahahahahahahahaaha

:)

:cool:
More...

it was a bull market :-) Jesse also said never say it's a bull or bear market, but it's ok to say that the line of least resistance is up or down... :-)
 
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