See PM
Did you see my previous post? I also sent you those updated charts...did you get them? I still think this thing runs up into that daily resistance...
Based on the following I am covering the AMGN short: 1) Previous weekly decline was 17 weeks...this decline from the July high is now at 17...
Gettin ready to send 'em out tonight. -D
Thank you Jay. Who knew ET would have such a drama unfold. This is better than made for TV movies :p
The "man of the people" thing was me making light of the matter... 618 Capital Partners, LP ...I also emailed you personally so we can talk....
Sorry you feel that way. Your perception is not reality. Oh, this "shovel" I'm using to trade AMGN must be broken...The trade is only up 10...
Hey there. You're right, you got me...I'm all snake oil. Actually, I'm a trader like everyone else that goes through hot and cold periods. I trade...
Still Holding AMGN Short...for those interested :) If you would like an updated chart of what I'm looking at feel free to email me.
Patience is tough:D ... especially with these longer term set ups Nice trade man! -D
Thank you :)
.gif file is too big to post...so I guess if anyone is interested just email me and I'll send you the chart. Thanks, Derrik
Our short trade is working out nicely. However, the daily chart that I've attached is doing a symmetrical two step pattern into a Fibonacci price...
Slowly breaking down or buildinga base to make a thrust to the upside? The key resistance is from 69.61-71.18. The last two countertrend...
My response to the keep or sell before earnings is this: Whatever you do...do it all the time with all your trades. So for me I choose to hold...
I'm also still short AMGN stop above current swing high of 72.37.
I definitely classify myself in the pattern recognition trader's camp. However, some of my best trades are put on AFTER a pattern is broken....
Round #2: Assuming we don't make a new high in Thursday's session, I'll be going short below Wednesday's low with a stop above Tuesday's high...
Hey there. Yes...stopped out based on the daily chart, but still very interested in the short trade based on the weekly chart from the original...
Good point about the day trading. I'm coming at it from a swing trading perspective. The calculation for Beta can be any 5 period time frame by...
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