The ACD Method

Quote from sarue:

Granted SMH would be a contrarian play, it's certainly among the weakest of the sector's. I'm just now expanding out to the sector ETF's so will watch with interest.
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SMH up like a rocket this morning.
 
Quote from sarue:

SMH up like a rocket this morning.
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Yea big squeeze there today. My monthly a down is coming up at 31.2ish...Lets see if it can make it through there. I personally think it will be a gift that keeps on giving these next couple months. Reminds me of X, FCX last quarter...good legs to lean on short!
 
Quote from Shanb:

Yea big squeeze there today. My monthly a down is coming up at 31.2ish...Lets see if it can make it through there. I personally think it will be a gift that keeps on giving these next couple months. Reminds me of X, FCX last quarter...good legs to lean on short!
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Agreed, the monthly A down will be a challenge if it gets that far. It has confirmed my daily and weekly A up levels.
 
Quote from Maverick74:

EUR/AUD continues to be the best currency pair out there for a nice smooth trend. Capturing the risk rally in commodities with the continued weakness in the Euro.
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Yea, great news for an Aussie with capital investments in Europe. :(
 
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