Monday, September 14, 2009

The /ESU9 Channel Back Test

Stockcharts is really pissing me off this morning. Nothing is updating and I feel a little lost. I have TOS as a back up thank goodness. Notice TWO things 1) the back test and 2) the coincidental hit of the 50% channel line (red) of the larger channel formation. The dailys could continue to run up and will if HAL 9000 and a few fat fingered traders get to geeked up on some 5hr energy, but they look to be turning or at least trying to turn IMO. Keep an eye on things.

GL trading.

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2 comments:

  1. SchweizerSeptember 14, 2009 at 2:27 PM

    We're all wrong. DOW to 14k in 3yrs man.

    http://articles.moneycentral.msn.com/Investing/SuperModels/will-dow-return-to-14000-bet-on-it.aspx

    ReplyDelete
  2. ShankySeptember 14, 2009 at 2:47 PM

    Hey, I've been right running with the manipulators thus far, why stop now? This is BS.

    ReplyDelete

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