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Strategies & Market Trends : Stocks with 'Dead Cat Bounce' potential -- Ignore unavailable to you. Want to Upgrade?


To: lexi2004 who wrote (102)7/23/2008 8:38:32 PM
From: ~digs  Read Replies (1) | Respond to of 130
 
interesting Lexi.. i put up a study on UNG yesterday ( the nat gas etf ) .. $45 is 61.8% retracement level .. could get hit tomorrow.. there's also a 200day moving average in the same region



To: lexi2004 who wrote (102)7/24/2008 3:00:22 AM
From: bumblin bob  Read Replies (1) | Respond to of 130
 
Hey Lexi! Funny that you mentioned that. I thought about you earlier today (Wednesday to me) when I did the fib #'s on it myself since I'm looking for a good point to re-enter.
TGC is one of my favorite stocks, but I'm unsure of how far it will pull back here. It looks like gravity has got it so a quick dip to $1.25 (or $1.15 even) wouldn't surprise me.
As you said, a hurricane could change everything quickly. I think the longest I've had to hold it was six months, but even that trade was worth the wait. Guess that's why it's one of my favorites.
Hope the market (and life in general) is treating you well.
Always good to hear from you.