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ELEMENTS MLCX Grains Index TR ETN Message Board

  • SilverD19 SilverD19 Mar 16, 2005 12:43 PM Flag

    To weak hands who can't read charts..

    Support is at $18.50 folks. Why the hell are you selling here, especially before the conference call?

    Well, I think $18.75 is the low for the day, and we'll close over $21.

    Just my opinion. Bye weak hands!

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    • I agree - like I stated earlier I expected a drop when earnings came out. Weak hands. Thats fine - I want them out anyway. Sell your shares to someone who sees the big picture. Im actually pretty happy with the support level thus far. Anyone who has more than 2 brain cells to rub together could see that the earnings for Q4 were going to suck. I expected a big loss - I think most longs did. Shake out the weak. If I was short I would be buying right now. This level will not hold today. And this is not a mass exodous. Look at the volume. It's not big. Frankly the loss is less than I had expected. All signs here point to long. Shorts better hurry up and cover now....

5.12Jul 23 4:00 PMEDT

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