>if I knew exactly where it was heading and when,<
Pete, we are ALL born with this question and we will ALL die without the answer!
I don't like your plan at all and I'm sure nobody else does either.
Let's put a real test to your KARMA. I've been very lucky in calling the near term movements in DDIM since last year and I've made a lot of money mostly on the long side but sometimes on the short side or option writing. I wouild suggest that you take my advice, just once, on when to go long or short DDIM. My analysis will be based solely on the technical action of the stock. I am now leaning to my next move on the upside for the stock as we have retraced 50% of the recent 8 point move and after some more backing and filling, I feel we will be ready to move higher. The 50 MA is now trending up along with the 200 MA so after some more neutralization of the slightly overbought indicators, we shall be ready. Alternatively, follow some of these trades on paper, but you can actually go back on this trread and do that and witness that you would have made a bundle. So let's really test your KARMA and see just how much you are possessed. Like an old friend of mine once lamented and I have never forgotten his comment, WHY DO I ALWAYS HURT THE STOCK I LOVE? Let me know,, I can Email you if you want.
What a country! |
