Greetings my fellow Longs, I have to say its not looking to good for us on the charts.! I exited half my positions yesterday at 49.75, and exited the remainder today. Its starting to become really dangerous. obviously its entirly up to you how your going ot play this but I would suggest on taking atleast 1/3rd of your profits and riding out the rest. Just my 2 cents good luck to us all.
THIS IS THE PART WHERE I SAY I TOLD YOU SO! to give you a better overview of WHY this thing is going to go down LIKE I warned you guys yesterday to save money and exit...and of course i got slaughtered here go to
Www.google.com/finance Type "DDD" look at the 3 Day chart... its setting a Lower PIVOT Low which means its indicating a down trend, I cant specifiy how low it will go but it will do a 40 to 60% Retracement. then most likely bounce back up.
First, how can you be a fellow long when you have no more shares? Second, would you mind giving me your definition of what a "long" is? My definition doesn't seem to jive with what you are saying so I was curious how you define it.