So today MRGE closed at $3.52. This market has basically gone into a channel with the indicator of choice not issuing any signals. Sooooooooo, I am going to hold this for a while yet (against my own advise) and see what happens.
Tune in next week, same bat-time, same bat-channel.
Saturday, August 29, 2009
Wednesday, August 5, 2009
Here We Go
So this is the 2nd week of trading above 8877 in the Dow. I'm now DCA over 12 months to get back in to this stock market.
8877 should be strong support. All major markets are trading above the 200 day moving average and everything looks ship shape.
8877 should be strong support. All major markets are trading above the 200 day moving average and everything looks ship shape.
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