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 : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (1289)	7/7/2008 4:05:14 PM
From: Perspective	Respond to of 3209

I'm watching the Ags, like MOS POT MON etc. Dunno if I've got the cajones to take a whack at them or not, but they are on the brink. Oil is a bit of a struggle for me to short. Still feels like trying to catch the turn as opposed to waiting for an established downtrend. The shippers gave me the kind of setup I like. A solid break from a parabolic trend, followed by a clearly corrective upswing. `BC

To: AllansAlias who wrote (1289)	7/7/2008 6:39:57 PM
From: Perspective	Read Replies (1) \| Respond to of 3209

TNH - here's an intriguing one. It strikes me as the "spirit" of an ending diagonal, even if it isn't a pretty, converging pattern: Certainly quite a run: EDIT: and that should be a lesson to anyone (including me) that waits for corrections to establish positions in trending stocks. Following the late 2006 breakout at 25, there wasn't a single 38% correction until after it hit 120. `BC