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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: Big Dog who wrote (2429)2/24/2005 12:20:25 PM
From: profile_14   of 13449
 
I got lucky today and traded around the peaks and valleys a few times. I made about 3% and am holding onto half of the position I initiated this morning. Cold weather is coming but that is running against storage as well. The chart is not looking very bullish and a shorter term MACD is beginning to show weakness IMO with the shorter term MACD crossing over and the normal MACD flattening out. In earlier periods this was a harbringer of a correction. See below.

stockcharts.com[h,a]daclyiay[pb10!c20!b50!b200!d20,2!i!f][vc60][iut!uh14,3!la5,17,9!la12,26,9!ll14][j33502527,y]&listNum=1

Best regards,
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