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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: marginmike who wrote (210473)12/18/2002 8:18:07 PM
From: mishedlo  Read Replies (1) of 436258
 
friday low should be bought ...

WHY?

I say it depends on where we close.
Any uptick to max pain is neutral.
Any uptick above max pain is positive.
Any close below max pain is bearish.

If we close below pain the shorts will drive it down for 3 more days IMO to exit at better prices and go long.

If we close above they would have already covered at lower prices and want a move up.

At pain, WTFKs?

M
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