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im on the wrong side of the trade in DRYS..its down now and just when you think its going recover..it stair steps down lower..i do not like the pattern..blah..
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Let me add to that last post , the 3 day charts show crossing down but the single day chart looks like it might not cross just bounce off..but since the market is coming off the highs I expect it to go down a bit lower..
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And now heading up back in the green, wonder if that 10.35 was the dip for DRYS ? Added, Dow back in the red again,, get ready not sure where the DOW is heading EOD
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Looking at the info on AUY R1 I like the loooks of that one long term, I Might put a buy in for a few hundred shares around 5.10 range, thanks for the tip
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I just checked the charts again Morpheus and looks like the 10-20 was the bottom of that dip sma looks like it is going to cross back up again
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heres my take on the big shipping sector...with the obama rebuild plan..and fuel comming down..all that raw material will increase traffic for all truckers and shippers. these are very good long term plays right now..besides the interday play they provide..so i like DSX DRYS WLT YRCW SBLK PLD and energy plays CHK JRCC and BTU
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Looking at the 10 day charts on DRYS it has jumped first hour of trading slowley heads back to preveous open then back up firts hour to highs then slow back down for the last 3 days ,, I am going to hold DRYS until morning run to sell..JMHO
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quote:Originally posted by Morpheus: ANL ..WOW...i didnt put any mola on that horse..
I didnt even notice that one , there had been no volume and has been flat for a while then POW it took off today news out this morning just didnt see it before it had jumped..
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