Use access key #2 to skip to page content.

AdirondackFund (< 20)

Anyone Want Some Banks???

Recs

3

June 01, 2009 – Comments (8) | RELATED TICKERS: FAZ , FAS

Just my spin, but it looks as if today's rally has been right into the hands of the short sellers.  Anyone want to own some Banks?

http://finance.yahoo.com/echarts?s=%5ERIFIN#chart1:symbol=^rifin;range=5d;indicator=sma(60,13)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

8 Comments – Post Your Own

#1) On June 01, 2009 at 10:28 PM, AdirondackFund (< 20) wrote:

The perfect entry point on all trades using this system is simply to trade the SECOND (2nd) puncture of the 60 day simple moving average whether it is up or down....it doesn't matter.  Very high probability trade. 

Report this comment
#2) On June 01, 2009 at 11:24 PM, alstry (34.97) wrote:

As soon as the top ten can run from mother hen..... the rest will be cooked goose.

Report this comment
#3) On June 01, 2009 at 11:44 PM, AdirondackFund (< 20) wrote:

Alstry, they're already cooked.  You've got to know that.  It's the second puncture on the 60 Day SMA with a Gann measurement of the 1st and 2nd waves that will always tell you the direction and the amplitude of the next movement.

Here's another clue for you because you are bright.  I used to race sailboats in the WINTER.  The name of the craft was 'scat', the number on the sail was 46.  What does this tell you about the Mars-Uranus opposition at 46 degrees???  What ALWAYS happens at this moment of creation?  We are now looking straight into the eyes of the almighty.  I hope your soul can bear it.  I myself have always found it particularly challenging. 

Here's another clue.  Grow up in a place where there are no other children simply because your family is the only one with the money to live there.  It is a horrible existence, somthing you might not understand.  Propserity is a very double edged sword.  The point of the 'elect' is that the innocent should not be harmed.  This is why you warn.  I am proud of you for that.  I respect it greatly and that is why I am here.   

Report this comment
#4) On June 01, 2009 at 11:54 PM, alstry (34.97) wrote:

My friend....I have stared properity and failure in the baby blues on more than one occasion....as time passes they become differences without a distinction because the time spent at either one can be relatively limited depending on your skills and propensity for risk.

You begin to look for a higher purpose than simply money....we are about to exit the industrial age.....what comes around the corner will reshape all of our existences....and hopefully for the better for the prepared.

Report this comment
#5) On June 02, 2009 at 12:45 AM, AdirondackFund (< 20) wrote:

Exactly correct.  It is the same as '29, as 1873, as 1835 when my family came to America. We arrived on the cusp of the Kondratieff Winter.  Each and every one of these cycles ushered in a new age built on new technology.  I remember my grandmother talking about the Radio and the invention of her Father, the Motion Picture.  About Lillian Gish, the first movie star, who bounced my grandmother on her knee at the house in Garden City.  All things changed.  From how we worked to how we played.  These are quantum leaps in technology that occur, as we make our progress as inchworms.  One contraction, one thrust, and one expansion.  Then, we repeat the pattern.  It is creation that is ocurring here, though it seems damned near like Hell itself.      

Report this comment
#6) On June 02, 2009 at 7:31 AM, alstry (34.97) wrote:

Now the question is whether this change will trump all earlier changes....the morphing from the ag age to the industrial age and now to the technological age or whatever label you choose....when this ship enters the storm...the question now is how cold is the water and where are  the lifeboats????

Report this comment
#7) On June 02, 2009 at 12:16 PM, AdirondackFund (< 20) wrote:

Hey Alstry!  FAZZZZZtastic!

Report this comment
#8) On June 02, 2009 at 12:19 PM, AdirondackFund (< 20) wrote:

Nuevo linkage. 

http://stockcharts.com/def/servlet/SC.pnf?chart=$RIFIN,PLTADANRBO[PA][D][F1!3!!!2!20]&pref=G

Report this comment

Featured Broker Partners


Advertisement