SI
SI
discoversearch

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 : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: profit_guy who wrote (20851)3/15/1999 9:53:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 122087
 
EFAX - True confessions..... LOL! Where's everyone else?



To: profit_guy who wrote (20851)3/15/1999 9:58:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 122087
 
I'm not the best of TA traders (obviously), but that chart really looked tired at 11:00am (Pacific). With 5-minute bars, there were 3 black candles and one neutral one out of 4. It looked like the last opportunity to get an uptick before a big dip below support at 19 which occurred at 09:05am. I figured, if it dropped below 19, it would go to 16 3/4 where it paused before. Instead, they took my short at the bottom of the dip (19 1/8) and immediately started up-ticking.

If you're going to screw up, short at the bottom and cover at the top! Why compromise?