in a nutshell
is that over the next 6 days
high intradays will not exceed 11.7-11.8
high closes will not exceed 11.65
low intradays will go as low as somewhere between 11.1 and 10.5
low closes will be somewhere between 11.2 and 10.7
and how that might happen
including a bounce today--or not
and some blah blah blah
but it won`t post it
My original intended post wasn`t so hoity-toity will not will must blah blah
but it wouldn`t accept it for some reason
and I condensed it into that one...
I still can`t make myself pull the trigger on this one
even though I still think it has a high probability of hitting the target(s)
I think this will remain a paper trade--even if I regret it later
If I was going to make it I would short it either now PM at 11.71 (didn`t take advantage of 11.80 yesterday)
put a stop 11.8 with a target of 11.2 maybe 11.1. Or wait for any pop at the open up into the mid to high 11.70s
and short with a tight stop of .05 above the entry and a target of 11.3.
If I really had the confidence I would hold it until 10.8 over a few days.
But, no skin in the game here
Good thing I don`t depend of this for a living
pmmyv, are you getting nervous yet? BAC's right at a key level right now on a very short term chart basis.
I can see the market makers closing here in a way to inflict much financial pain to some Johnny Come Lately longs and shorts. Those mean rascals.
What I also said in the post it won`t take it that
I know next to nothing about BAC fundamentals other than they seem to be strong enough for a positive 2013 with good gains long term and a look to a possible earnings beat near term-- and that the big banks in general are getting positive press with anticipation that the up coming stress tests will look good.
And that my TA forecasts are simply that...take them with a grain of salt.
If you had spent years working in Zürich you would know exactly what I am talking about. A lot of things vary from Kanton to Kanton (or Canton to Canton or county to county if you prefer the English spelling, id-yet). I live here so I say Kanton all the time.
Describe to me what the different speed cameras look like in Zürich or in Luzern?
How are they situated? What do the old ones look like? The new ones?
How are the ones for red lights situated?
What color are the lines for public parking on the street?
Tell me what you have to do to get a grocery cart in Zürich (or all of Switzerland for that matter). How are the racked?
What are two most common grocery markets in Zürich?
And the two lesser know ones that every one that lives here would know?
Tell me the different methods for paying for parking on the street in Zürich?
What make are most of the taxis in Zürich? And number 2?
Do you always have to pay for parking on the street?
What are the first words out of a shop keepers mouth when they see you?
How do you pronounce it?
Do they also speak high German in Zürich or only Swiss German?
What is the speed limit on all Autobahns as you enter and leave Zürich city limits?
I live an hour from Zürich and seldom go there but I can answer all of these questions and more.
What is unique about the elevators in the Zürich airport?
What do you see played as a virtual image when you ride the underground train in the Zürich airport?
What sounds accompany it?
Keep on making yourself look like a fool.
Some people just can`t stand the embarrassment of admitting tht they have stepped out on a limb and were wrong and the submerge themselves in their ocean of denial rather than have the dignity to simply say “Oops, I was wrong. Sorry, my bad.” You are one of those people.
You had your chance in the beginning after I told you who I was.
Now you`ve hung on to your errant notions like a bad trade that`s eating you alive and you are denying the writing on the wall.
You have been seriously busted.
But I have been the bigger fool for even giving you the time of day--in that case, I guess you got what you wanted.
Honestly, I don`t know what`s wrong with people like you and what really drives you.
I suppose it`s similar to the thrill a vandal gets when he destroys someone`s property.
This is the leveling effect of cyber space. You help make the world just a little bit uglier, jaded and cynical.