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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 10.92+1.2%Nov 3 3:59 PM EST
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From: Fintas2/11/2014 10:53:27 AM
2 Recommendations

Recommended By
littlebitmoore2
toccodolce

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DRYS.. 3.24+54=3.78+54=4.32+.54=4.86+.54=5.40+.54=5.94+.54=6.48. Oh to the down..3.24/3.06/2.88/2.74. And to get there 3.15 would have be revisted and taken out.

Drys peaked at 6.44 back in 2010 ish Then due to many events it ROLLED not taking out that 6.48 and as many in the sector rolled as many attempted to drive many in the sector into the ground as they now do with gold mining stocks. They FAILED with DRYS!!!!

Since that time many of the FA has changed to the positive.

Thus a LONG..not some day trader or fast money type but a LONG should be EXPECTING that move to the 6.48. I've presented the RSI numbers to support such AND THEN SOME.

I've presented FA to support such.

So one has to ask themselves. is 3.70 to 6.48 worth it and the upside of 8.1/9.72/11.34/14.58 during 2014/2015 or does one want to play POG for 3-5-10% or SPX for 1/2/3 % at this moment.

DUH?

Do your due diligence. I have.

Fintas
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