Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: DetectiveT who wrote (56947)	7/14/2006 1:26:58 AM
From: Mario :-)	Read Replies (2) \| Respond to of 312977

< CD, I bought most of that ADM off of you at 1.31. Thanks. > Lol, sometimes I'm affraid, that these little friendly teases may cause that CD will stop posting his trades. Hopefully not. I did in past buy something afer him, but I wouldn't tease him like this, because I know, that he is waaaay better trader that I am and I can only hope I will one day come close to him and his results. His sells are, because he is disciplined and he follows his set_ups. Sometimes he may miss something but in general it keep him away of troubbles. As of ADM.V - I would sell it today too. Not because of FA. I'm subscrieber too <g> but techically doesent look to good (talking short - swing term): Look first at the end of April, start of May. See, how we got first divergences (purple lines) betwen price and some indicators (CCI, RSI, UI) then follows MACD, PPO and ADX rollovers (red circles) combined with trendline break. This usually results with several down days. Now the same is happening again. I would be seller here too. And buyer somewhere around 1$ - this is just a guess. For entry I will use the same setup as before for sell, only reversed. Usually works unless something (news) happen. Tonight we have a mess (Izrael, Lebanon, possible excalation of war...) so this may send all up tomorrow, together with ADM.V that is true. But personally I will guess that commodities will go up, but stocks will unfortunatelly continue down. I hope I'm wrong.