BLOG DESCRIPTION: This is blog, i have started so that i can help people understand what stock trading is all about. The main aim is to educate the massess and secondly help them with the tools of the trade.
My father once told me when i had failed very badly at a task at hand and was crying profisely, that sometimes in life son u have to jump of the bridge first and build ur wings on the way down. This blog is exactly for that sort of people. By the way "atmevaha" means "ourselves alone".
My father once told me when i had failed very badly at a task at hand and was crying profisely, that sometimes in life son u have to jump of the bridge first and build ur wings on the way down. This blog is exactly for that sort of people. By the way "atmevaha" means "ourselves alone".
Nice pattern
Posted 27th September 2007 at 02:20 PM by joesb213
Date 09/27/07 time 1.16 pm
I am sorry because in my earlier post i had written that the hourly closing for "2" instead of 1.00 pm was at 4995.. The pattern that is being formed in hourly charts is one of "basing bottom". The break out has happeneed at 12.57 at 4988. As i am wacthing the tick by tick chart there has been a very nice pull back from the levels of 4995 to 4988 and this is extremely good for the stock what needs to be remembered from the long side is that it should not be closing below 4988 as that would be a bit worrysome. The meausring implication also tkaes us to the target that my systems gives me which is at 5010-5015. So all ye pls stay on course, we are likely to see a nice landing, But for the pilo that is me its never over till we ahve arrived and the plane has stopped successfully. So enjoy ur ride.
I am sorry because in my earlier post i had written that the hourly closing for "2" instead of 1.00 pm was at 4995.. The pattern that is being formed in hourly charts is one of "basing bottom". The break out has happeneed at 12.57 at 4988. As i am wacthing the tick by tick chart there has been a very nice pull back from the levels of 4995 to 4988 and this is extremely good for the stock what needs to be remembered from the long side is that it should not be closing below 4988 as that would be a bit worrysome. The meausring implication also tkaes us to the target that my systems gives me which is at 5010-5015. So all ye pls stay on course, we are likely to see a nice landing, But for the pilo that is me its never over till we ahve arrived and the plane has stopped successfully. So enjoy ur ride.
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