- Search Energy EXCH
-
Infinity replied May 16, 2008I think the shorts are good. That last rejection at the 204.4 area confirms that the bears are in control. Also, do not underestimate the power of that consumer confidence number. I think we are in for a nice ride....... Have a great weekend all. ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
Don't read too much into that. Mine closed at 203.6 but the day chart shows the channel is being respected....Short looks very good to me..
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
This is typical short covering going into the weekend. Next week will be lower. The hammer guy will be waiting to strike....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
I don't see that happening....but if it does that would be quite bullish indeed
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
It seems it wants to go to the 1h 100sma (203.7). Ephisi, are you there?
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
I just don't like the fact that we have not had a 1h or 4h close below 203 since May 13. Also the lower tl on the dow since May 9 is holding................ cant hold forever though
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
I hope you are not a guy "owning" another guy......
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 16, 2008
I hope you have a stop. This is the drop I think. Hurray for consumer sentiment......
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
I just googled it and I don't blame you. I see they have it twisted all over the net......wikipedia and all. 
It was originally just a slang for Jamaicans who live abroad....Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
Good to see you here bro! Good luck in your trading.......
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
I would disagree that all indicators say strong bearish although I do see, as I have stated before along with many other members, a big fall coming soon. Right now we are trading above the 1h 100sma, which is always very strong resistance or support ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Infinity replied May 15, 2008
I think this thing needs either a slap or a toilet....
Auslanco - GBP/JPY and GBP/USD (newstrade)