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12-07-2006, 11:22 AM
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#1 |
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forum leader
sept/08 simulation winner
mar/08 simulation winner jan/08 simulation winner weekly challenge winner 7x may/06 challenge winner feb/06 challenge winner  
Join Date: Sep 2005
Location: Miami, Fl
Posts: 2,347
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WJCI
Tanking. Support at $1.30. Waiting for a buy signal
The Guru has spoken __________________ Matthew 10:32...'Whoever acknowledges Me before men, I will acknowledge him before My Father in heaven. But whoever disowns Me before men, I will disown him before My Father in heaven.' |
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12-07-2006, 12:15 PM
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#2 |
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valued contributor
Join Date: Aug 2006
Posts: 788
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Re: WJCI
TCG do you even look into why it had the fall from grace? Or do you rely only on the chart?
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12-07-2006, 03:34 PM
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#3 | |
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forum leader
sept/08 simulation winner
mar/08 simulation winner jan/08 simulation winner weekly challenge winner 7x may/06 challenge winner feb/06 challenge winner
Join Date: Sep 2005
Location: Miami, Fl
Posts: 2,347
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Re: WJCI
Quote:
I don't have a clue why it fell from grace. I don't care about fundamentals. I go with what the charts tell me. I just know that RSI is way low and support is at $1.30 and I'm watching it on the hourly chart and the 15 min chart. As soon as I see the Momentum, MACD and RSI curling up, I'm in for a 10% potential profit, hopefully. The Guru has spoken |
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