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Strategies & Market Trends : The Aristocrats(tm): Market Dogs

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To: sense who wrote (9)1/24/2012 12:26:37 PM
From: sense  Read Replies (1) of 30
 
Also pegged the call on FTR...

It dropped like a rock at the open... and is trading steady a dime lower than yesterday.

FTR has begun forming a new pinch... but, it has a long way to go before it will make a bottom in that pattern... probably only 1/3 of the way or less, so far, on the way to making a new low...

It's trading below where it was in 1990... maybe going to test the $2.50 low it made in 2002... The low in March of 2009 was $5.32 and we're cruising lower way past that already...
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