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Politics : Welcome to Slider's Dugout

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To: RonMerks who wrote (5861)	8/8/2007 11:07:53 AM
From: SwingTrader2006	Read Replies (1) of 50729

WANNA SEE SOMETHING SCARY? stockcharts.com IPSU TANKING THIS MORNING AS EXPECTED. Down a whopping 6.25% already on strong volume. Did I get lucky buying those put options yesterday? I don't normally short/buy puts...but dang nabbit, IPSU was just WAY TOO ripe not to! Ron could be a good student if he pays attention to the lesson. WHEN YOU HAVE A STOCK THAT IS WALKED UP ON LIGHT VOLUME BACK TO MAJOR RESISTANCE ($28.50 in IPSU's case) with NEGATIVE DIVERGENCE FORMING IN THE PRIMARY INDICATOR'S...IT IS A STRONG SIGNAL IT IS THE "LAST CHANCE" TO GET OUT AND/OR GO SHORT IF YOU ARE SO INCLINED. Ron couldn't seem to comprehend that when I tried to teach him yesterday. Today, he gets a "LIVE LESSON"...up close and in person :-) $22.50 on deck. I sincerely hope you are LEARNING something, Ron...and other's who follow this thread. I've been doing this stuff for a LOOOONG time my friend. I only hope nobody here besides ecire blindly purchased this garbage. PS. Who's your daddy Ron?

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