Thanks for helping to tank the markets into the close. Nobody does it better than you, turder. It's magical. You should work a booth at a traveling carnival. Does your sister have a beard?
Its pretty easy to figure out. The floor has now become the ceiling. Now price is hitting resistance.
When it becomes the common thing to do even on ET (being bearish) it means the bottom is near. You guys sound like the real estate investors who kept thinking flipping houses after 3 months and a new kitchen and ask $100K more for it. Idiots.
stock_turder is now engaged in creating his own random indicators and system in order to be able to more accurately predict future market behavior This one is a true, arbitrary, meaningless gem, as others have also mentioned:
Oh! You are schooling me on technical analysis now? I can't thank you enough for explaining how support and resistance works. You da man Port !!!
<h3>02.Mar.2009</h3> List for this week, I entered these trades last week, I might start locking in some profits here today, instead of waiting for the stoploss to kick in. ETF Entry-Date Entry Price Last-Price %P/L StopLoss ------------------------------------------------------- SIJ 26-Feb 84.97 89.55 5.39 83.30 EWV 26-Feb 102.19 105.72 3.45 100.39 SJH 26-Feb 99.49 104.46 5.00 97.60 TZA 26-Feb 72.28 80.50 11.37 73.46 EFU 26-Feb 127.85 135.18 5.73 126.30 ------------------------------------------------------- Check complete history and details <a href="http://investics.wordpress.com/etf-performance/">here.</a> <br> Please visit the thread "http://www.elitetrader.com/vb/showthread.php?s=&threadid=154158"