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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (39299)5/17/2006 12:48:42 PM
From: TheSlowLane  Read Replies (1) | Respond to of 60927
 
The downside target suggested with that P&F chart is consistent with Tom O'Brien's work. He did not use a P&F to ascertain that target, but arrived at a similar conclusion. As I took very little off the table prior to this correction, I am not as happy to see it as those who did. However, I'm not keen to compound one error with another, so I think I will sit with my positions. I did peel off my "traders" though, RYPMX, SLW and NG, so at least I have some dry powder and will use this time to think about where it should go...not in a huge hurry though.



To: Davy Crockett who wrote (39299)5/17/2006 6:20:05 PM
From: SwampDogg  Read Replies (2) | Respond to of 60927
 
I was talking about the volume on PAAS and is is drying up
GG is the market leader and I am looking to buy in the high $20s
Correction is already done in some PMs and others look almost there. Buying some base metal stocks tomorrow as well that thave been creamed.
Even CNBC is talking crash. Forgetaboutit
Should get a big bounce into the end of the week. Shall see how things look then.