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Discussion in 'Trading' started by stonedinvestor, Feb 28, 2007.

  1. This might be the right place to put this.

    Is it possible to have an 8 year cup formation?
    Someone tell me if WFR'S max chart is a valid cup.]
     
    #71     Mar 6, 2007
  2. Yes you can have an 8 year cup and a one week handle!

    Every single site of the technical variety is saying the same thing... as is every money professional except two. The common thought: WE MUST RETEST !

    Unfortunately for me one of the two bulls is myself, so yes Corelio we are buying. CELG , QCOM , CPHI , ALTU,
    TWW, NEU, RJET, CTO, CERS, JSDA, LMRA, MVIS....

    UP UP UP Volume Friday jobs report not as weak as feared- cold weather to blame--
     
    #72     Mar 7, 2007
  3. Oil refiners are one of the few places I have allocated big money. I made my recession proof purchase of Valero today with profits I took off the table from sales executed in December (other sectors).

    There is not enough oil refining capacity.
     
    #73     Mar 7, 2007