Son of If You Can Draw a Straight Line . . .

Discussion in 'Journals' started by dbphoenix, Sep 19, 2013.

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  1. slugar

    slugar

    short on supply line at 3394.75
     
    #1271     Nov 20, 2013
  2. niko

    niko

    10:28 Short on 93.75
     
    #1272     Nov 20, 2013
  3. niko

    niko

    Why, are you anticipating?
     
    #1273     Nov 20, 2013
  4. dbphoenix

    dbphoenix

    You're raking it in today, but don't get cocky :)
     
    #1274     Nov 20, 2013
  5. slugar

    slugar

    new supply line
     
    #1275     Nov 20, 2013
  6. niko

    niko

    Never!. I have experienced what hubris does in this business.

    It is an ignorance enhancer :D .

    10:32, I am not seeing sellers interested here, we are still above 50% from 10:04 so this could turn around at any time.

    10:34 SL fanned, but not sure about this downtrend, holding short though
     
    #1276     Nov 20, 2013
  7. slugar

    slugar

    steeper supply line
     
    #1277     Nov 20, 2013
  8. niko

    niko

    10:35 Looks like sellers finally made it
    :36 Approaching 80
     
    #1278     Nov 20, 2013
  9. dbphoenix

    dbphoenix

    It may not be so much interested sellers as interested buyers. If buyers aren't interested, there's nothing to hold price up. This is one of those situations where volume can be helpful, but you can detect activity level without it.
     
    #1279     Nov 20, 2013
  10. niko

    niko

    I have been re-reading your volume post from 04 (10 years ago!) Great stuff as always.
     
    #1280     Nov 20, 2013
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