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Questions asked and answered by SREA
- Q: ==================================================================================================================================== DISCLAIMER - Nothing in the contents transmitted by this poster should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author may have positions in the stocks discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
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Asked by srea -
1 months ago -
1 answers -
231 views
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A: Thanks for the video .
just my quick take
1.11 short term support with 1.35 resistance in a anglea break above should take a quick
leg up. A break below should go to next area quick
.99-1.05 lots of longer supports meet up.
above .80 long term more - Post your own answer
- Q: FRE IS a N.W.O scam.
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Asked by srea -
1 months ago -
2 answers -
228 views
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A: barney frank and chris dodd ought to go to prison, enuff said, and the sooner that the
head Asshat in the white house realizes that those two have done more destruction, or as
much as bp. someone needs to tell that asshat that,there is no difference. more - Post your own answer
- Q: This was a live trade and I just wanted to show how supports and resistance works. It hit and then retraced the resistance level 5 minutes after I made the video. I know it was only 8 pips total but it is important to note how these supports and resistances work. Thanks for watching and check out the chart to confirm it.:-)
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Asked by srea -
1 months ago -
1 answers -
347 views
Bookmark this User - Bookmark this question - Report Abuse - A: com on...the action in the CHF Swiss Franc is where all the action has be happening..... more
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- Q:
Thought I would repost this in the answer area. Hope it helps someone.:-)
Από την αρχή επανδρώνει τις πρώτες σκέψεις
που
έχουμε προσπαθήσει να υπολογίσουμε όπου
προήλθαμε από. Σημαντικότερος ποιος είναι
ο
προορισμός; Η απάντηση δεν είναι όπου
πηγαίνουμε
αλλά πώς φθάνουμε εκεί. Όπως οι αμερικανοί
ιθαγενείς λένε,» δεν κληρονομούμε τη γη,
αλλά
μάλλον την δανειζόμαστε από τα παιδιά μας.»
. Αυτό
μπορεί να σημάνει πολλά πράγματα σε
πολλούς
ανθρώπους αλλά είναι η αλήθεια για εκείνους
που
θέλουν μια καλύτερη ζωή για το μέλλον.
Μπορείτε
να το καλέσετε επένδυση στο αυριανό μέλλον.
Θεωρήθηκε μόλις μπόρεσαν εκείνοι οι
άνθρωποι να
μετατρέψουν ένα υλικό σε άλλο και
δημιουργώντας
έτσι έναν πλούτο ενός μεγάλου μεγέθους. Η
γνώση
είναι δύναμη ίσως έτσι δεν μιλούσαν ακόμη
και για
τη μετατροπή του μολύβδου σε χρυσό. Ίσως
μιλούσαν
για τη μετατροπή μιας ακρωτηριασμένης
κοινωνίας
σε χρυσή κοινωνία; Μη βέβαιο αλλά θα ήταν
συμπαθητικό να δει μια ουτοπία που ήταν μιά
φορά
ένα όνειρο.
Find that hard to read? Well, I do not think you would walk into an investment
without
knowing what someone was talking about. One must always do their own research in
order to
find out the answers. The translation into English from Greek is
((From the beginning of mans first thoughts we have tried to figure out where we
came
from. More important what is the destination? The answer is not where we go but
how we get
there. As the native Americans say,” We do not inherit the earth, but rather
we borrow
it from our children.” . This can mean many things to many people but it is
the truth
for those that want a better life for the future. You can call it an investment
in
tomorrow’s future.
It was thought once that people could turn one material into another and thus
creating a
wealth of a great magnitude. Knowledge is power so perhaps they were not even
talking
about turning lead into gold. Perhaps they were talking about turning a crippled
society
into a golden society? Not sure but it would be nice to see a utopia that once
was a
dream.))
Charts and trends are the key to indicating prior price action but it is only
half of a
whole. One must also look into news that may effect the price. If you know how
to read
certain pr’s you can judge what is next and discover the patterns of the chart
that may
take place. People buy break outs because they know once that happens it almost
always
goes higher. Lets take a look at Dennis Gartman’s rules of trading.
((The 22 Rules of Trading
We give you Master Trader Dennis Gartman's 22 Rules of Trading, many of which
you can
apply to all sorts of life situations, as well as the markets.
Every day, Dennis Gartman gets up at bout 2:30 AM and writes an information
packed 4 page
newsletter on the world markets, oil, currencies, commodities political
happenings and
much more. He is read by the major trading houses and traders all over the
world, as they
stumble bleary eyed into work, grabbing the Gartman Report to find out what
happened as
they slept and to get insight as to what the issues of the day will be, and
suggestions on
how to trade. Dennis puts his trades on public display and talks you through his
logic. It
is a most remarkable work, and I find it a key part of my struggle in trying to
keep up
with what is going on. I am always amazed when on the occasions I find myself in
the
office at an early hour to find Dennis' letter hit my inbox about 5:00 AM. His
travel
schedule makes mine look tame, and from wherever in the world he finds himself,
he writes
and sends his letter. And he still maintains a single digit handicap on the golf
course.
On the Friday after Thanksgiving, he publishes his "Rules of Trading," adding to
them as
wisdom increases. Here is today's list:
1. Never, under any circumstance add to a losing position.... ever! Nothing more
need be
said; to do otherwise will eventually and absolutely lead to ruin!
2. Trade like a mercenary guerrilla. We must fight on the winning side and be
willing to
change sides readily when one side has gained the upper hand.
3. Capital comes in two varieties: Mental and that which is in your pocket or
account. Of
the two types of capital, the mental is the more important and expensive of the
two.
Holding to losing positions costs measurable sums of actual capital, but it
costs
immeasurable sums of mental capital.
4. The objective is not to buy low and sell high, but to buy high and to sell
higher. We
can never know what price is "low." Nor can we know what price is "high." Always
remember
that sugar once fell from $1.25/lb to 2 cent/lb and seemed "cheap" many times
along the
way.
5. In bull markets we can only be long or neutral, and in bear markets we can
only be
short or neutral. That may seem self-evident; it is not, and it is a lesson
learned too
late by far too many.
6. "Markets can remain illogical longer than you or I can remain solvent,"
according to
our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are
enormously
inefficient despite what the academics believe.
7. Sell markets that show the greatest weakness, and buy those that show the
greatest
strength. Metaphorically, when bearish, throw your rocks into the wettest paper
sack, for
they break most readily. In bull markets, we need to ride upon the strongest
winds... they
shall carry us higher than shall lesser ones.
8. Try to trade the first day of a gap, for gaps usually indicate violent new
action. We
have come to respect "gaps" in our nearly thirty years of watching markets; when
they
happen (especially in stocks) they are usually very important.
9. Trading runs in cycles: some good; most bad. Trade large and aggressively
when trading
well; trade small and modestly when trading poorly. In "good times," even errors
are
profitable; in "bad times" even the most well researched trades go awry. This is
the
nature of trading; accept it.
10. To trade successfully, think like a fundamentalist; trade like a technician.
It is
imperative that we understand the fundamentals driving a trade, but also that
we
understand the market's technicals. When we do, then, and only then, can we or
should we,
trade.
11. Respect "outside reversals" after extended bull or bear runs. Reversal days
on the
charts signal the final exhaustion of the bullish or bearish forces that drove
the market
previously. Respect them, and respect even more "weekly" and "monthly,"
reversals.
12. Keep your technical systems simple. Complicated systems breed confusion;
simplicity
breeds elegance.
13. Respect and embrace the very normal 50-62% retracements that take prices
back to major
trends. If a trade is missed, wait patiently for the market to retrace. Far more
often
than not, retracements happen... just as we are about to give up hope that they
shall not.
14. An understanding of mass psychology is often more important than an
understanding of
economics. Markets are driven by human beings making human errors and also
making
super-human insights.
15. Establish initial positions on strength in bull markets and on weakness in
bear
markets. The first "addition" should also be added on strength as the market
shows the
trend to be working. Henceforth, subsequent additions are to be added on
retracements.
16. Bear markets are more violent than are bull markets and so also are their
retracements.
17. Be patient with winning trades; be enormously impatient with losing trades.
Remember
it is quite possible to make large sums trading/investing if we are "right" only
30% of
the time, as long as our losses are small and our profits are large.
18. The market is the sum total of the wisdom ... and the ignorance...of all of
those who
deal in it; and we dare not argue with the market's wisdom. If we learn nothing
more than
this we've learned much indeed.
19. Do more of that which is working and less of that which is not: If a market
is strong,
buy more; if a market is weak, sell more. New highs are to be bought; new lows
sold.
20. The hard trade is the right trade: If it is easy to sell, don't; and if it
is easy to
buy, don't. Do the trade that is hard to do and that which the crowd finds
objectionable.
Peter Steidelmeyer taught us this twenty five years ago and it holds truer now
than then.
21. There is never one cockroach! This is the "winning" new rule submitted by
our friend,
Tom Powell.
22. All rules are meant to be broken: The trick is knowing when... and how
infrequently
this rule may be invoked!)) -
Asked by srea -
1 months ago -
7 answers -
322 views
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A: gucci sneakers hot sale for you at gucci
outlet,there have also have gucci handbags for
you! more - Post your own answer
- Q:
Hello, stockpickr!
Just wondering what your thoughts or on cnu and zoom thanks. -
Asked by srea -
1 months ago -
3 answers -
297 views
Bookmark this User - Bookmark this question - Report Abuse - A: (CNU) broke out more
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- Q: New Question: YouTube Video Charts: http://www.youtube.com/user/buyittradeit The trendy Twitter: Please add me to your twitter http://twitter.com/buyittradeit Where you can find me on Ihub: http://investorshub.advfn.com/boards/addPersonMrk.asp?user=114757 Yahoo trading group on Yahoo instant messenger please feel to add buyittradeit to your Yahoo instant messenger for an invite into our daily day trading chat room. Hope all the stockpickrs have a great weekend.:-)
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Asked by srea -
1 months ago -
0 answers -
354 views
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- Q: Have to watch the 52-week high club because these tend to trend higher. What we the bulls want to see is the support levels hold while we continue the longer term 52 week upward trend. RSI and the MACD look strong at this point. Checking the support levels we can see higher highs which is also a good sign for Ford (F)
-
Asked by srea -
1 months ago -
2 answers -
288 views
Bookmark this User - Bookmark this question - Report Abuse - A: ya don't suppose it has anything to do with the $5B their getting? more
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- Q: Chart video of A I like this chart because it has been making 52-week highs. The trend as they say is your friend. The trendy facebook page: http://www.facebook.com/group.php?gid=122809923421 The trendy Twitter: Please add me to your twitter http://twitter.com/buyittradeit Where you can find me on Ihub: http://investorshub.advfn.com/boards/addPersonMrk.asp?user=114757
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Asked by srea -
1 months ago -
3 answers -
349 views
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A: Srea, This is REALLY a good lesson for me, I am working on the JPMorgan Health Conf coming
up and review my notes from Jan 2009, WHY IN THE HECK didn't I buy A??? I know, Copper
Bubble...but this is what I wrote in Jan 2009..."10 am...Watch this one NOW..This is
a Medical Equip Maker..makes Gas Chromatic, Mass Spec...it could be trending off it's 52
week low...had a good qtr. Dec 15 cut 500 jobs..yeah in a bad economy cap x is cut in
labs..but still could be getting cheap. Small short interest" more - Post your own answer
- Q: Happy New Years People!
-
Asked by srea -
1 months ago -
3 answers -
195 views
Bookmark this User - Bookmark this question - Report Abuse - A: Happy New Year more
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- Q:
Yes, drummyboy I still hold a little bit myself ans drink the stuff daily.
Personally since the share structure has changed I think we are looking at a new
chart and one could say a different stock for the same company. I did draw some
support lines and resistance lines that could be watched though until we see a
true pattern take form. With a lower share structure you have better odds of
them having a better EPS imo. Just something to watch though and I hope this
helps. -
Asked by srea -
1 months ago -
1 answers -
180 views
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A: srea, thanks so much. as im familiar with the charts, and seeing that its forming a whole
new base of support in its new step out of the penny realm,and evolved.they are all over
now, but they need more ads now to go along with the turn.visibility, and more of it.again
i thank you for your great response, and happy new year to you and yours. more - Post your own answer
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