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Politics : Technical Analysis

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To: Beam who wrote (5720)4/5/2013 10:31:09 PM
From: The1Stockman  Read Replies (1) of 14245
 
Thank you Beam, ... your very kind and understanding, I can always count on your sincerity, even in your silence your values speak loudly.

I might be taking off early so I though I'd get in some posts for the good folks to argue over, I mean debate over, ... lol.

Actually, I value everyone's opinion and participation, ... where would we be without folks like PulpCutter and Ryback, .. they can draw fire from a drop of rain with just one sentence, I enjoy reading them and I hope they continue to offer the balance we need here, I enjoy reading some of the posts from those that pop in from time to time, like Paxb2u and Repete, not to mention all the regulars, ... I too at times get a bit short but its hard for me to totaly indulge when I'm trying to trade and advise others on whats going on in the markets, I'm sure all of you understand.

I kept a chart of RYB handy, we talked about it a while back and I created a few charts for you, ... well it looks like we came very close to the target we picked out ($1.97). Here is the chart, ...



BELOW:
This is how it ended up this week, not a bad call, but it sure took a while, ... lol, ... the $1.97 overshot by a nickle or so on the low but closed right above the $1.97 in early March. Looks like a successful retest occurred just this week! I'm thinking many of the PM's have put in a bottom, ... maybe they run, maybe they dont, but a bottom can go sideways and be tested for a long time.

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