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Short Term Market Prediction: Shakeout

Wednesday, September 19, 2007 | (tshabo) Is this Spam?

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I think that the heading explains it all. All is not clear, YET.

I am short OIH to 186.

It says 100 words minimum. So I have to fill this article with something.

OK........ Thinking, Thinking,

I think that the heading explains it all. All is not clear, Yet.

Resubmit.

Grrrrrr.

Still not one hundred words. Ok. The OIH is going to hit it's 10 day moving average and then bounce back up. I do not thing that it is going to go down much further. If it does, look for firm support at the 20 day moving average. I would go long there as the possibility of it going into the 50 day moving average are remote.



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  1. Thomas (1 year ago) Is this Spam?

    OIH hit 182.37 by end of October options expiration and we did get a shakeout.
  2. jester112358 (1 year ago) Is this Spam?

    I believe you should also check out the alignment of the planets, consult any gypsy fortune tellers with expertise in equities, and read some tea leaves before drawing any firm investment conclusions.



    Investing is not a craft-think about it!
  3. Alexander H (1 year ago) Is this Spam?

    I am not commenting on the trading decision that is promoted in this article because Mr. Market already did that.



    However, if you make recommendations, please be a little bit more elaborate on why you think your idea is worth considering... There is a reason why it says 100 words minimum.

    Would have rated the article higher too, if there was more solid content in it.
  4. Joseph C (1 year ago) Is this Spam?

    Your last paragraph was the best. Before that, you told us WHAT you were doing. In the end, you finally told us WHY. It's the WHY that helps us to become better at this. I would have rated the article higher if you'd had more WHY.
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