WALLSTREETGENIUS
983 posts
msg #66187
- Ignore WALLSTREETGENIUS
modified |
8/14/2008 1:09:08 PM
8/13/2008 2:21:30 PM (RIGGS)
Whenver you talk "Steel," I first usually look at Toyota Motors Corp. (TM), and (GM). And I see one more move up on their chart as early as tomorrow. So I would be very careful about pulling the trigger on the SLX today.
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Now take a look at the SLX today. Down over $2 from yesterday! And why?..."(GM)" up a whole $1 from $10.25 to $11.50 at the time of this post.
IT PAYS TO LISTEN TO A "GENIUS "
- RIGGS -
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elis58
11 posts
msg #66194
- Ignore elis58 |
8/14/2008 5:06:25 PM
wanted to ask wsg when do you exactly enter to position ? on opening of the day or you waiting for price to hit yesterday close or high ?
thanks
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WALLSTREETGENIUS
983 posts
msg #66196
- Ignore WALLSTREETGENIUS |
8/14/2008 5:30:45 PM
Elis -
I usually enter the last hour of the day. IMO this is the "witching hour!" This is the hour that dictates tomorrows open and future pricing. It's also when big institutions hook up with the "Bond Guys" and hide their money together. This always takes place after 3:PM EST. when the Bond market closes.
RIGGS
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johnnyvento
51 posts
msg #66671
- Ignore johnnyvento |
8/26/2008 1:48:17 AM
WSG said:
LOL...somebody please help this guy understand that "RSI(2)" on it's OWN merritt, cant help itself find daylight from a brown paper lunchbag!
The appearance of several misuses and misunderstandings of the English language is troubling considering the important position this person apparently holds.
1- it's = it is.... the possessive form of *it* is *its* with no apostrophe
2- merit is the proper spelling of "merritt"
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