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Politics : Obama Watch

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To: No Mo Mo who wrote (97)	1/18/2009 1:27:58 PM
From: LTK007	Read Replies (1) of 290

i haven't made my move yet, but what i will likely do is take a 1/3 position and leave myself room to adjust if we go the wrong way. i feel we are forming a bottom now This was quite volatile Friday. It opened on major gapup from 38.75 to 40.62 then had steady selling to 38.35 and then from 12:30 pm a steady rise to 40.08 on high volume. This why i am now thinking to make a partial move. Ideally i would like to see a dip and buy then. My policy is i announce when i make a purchase and one can assume i have not purchased until i post i did. If i find my trigger finger is frozen, i then put in a GTC---as i look at TBT chart that dropped to 38.35 was lower than it's last low i am skittish. It's linear regression Daily Channel is now down. i am just pondering i might put a buy 1/3 position GTC at 37.50. i never know:) i am not a fast trader(i trade by phone no less(VBG:)Max

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