Ed: This is facinating stuff. The books are on order, so keep teaching.
There was a big discussion on CNBC the other morning about support levels, it was pointed out the 120 was a major level, breaking through that indicated that 100 is the next level. After listening and learning, then referring to the chart, it sounds logical, even though I hope it never happens, too many people hurt, people that have margin calls. That goes back to the stop loss, people should move it up as their investment goes up. What wrong with protecting a gain?
Get ready for the after christmas sales, just hope Nextel doesn't go on sale.
Regards:
looking for a sale, Al |
