2 charts...count on hourly is a 5 of C of a ZZ..but could easilly be a series of 1's and 2's......if ZZ we may not hit the target noted on the weekly...but should if 1's and 2's.
http://stockcharts.com/c-sc/sc?s=$HGX&p=60&yr=0&mn=2&dy=13&i=p22160412514&a=95078255&r=5682.png
http://stockcharts.com/c-sc/sc?s=$HGX&p=W&yr=3&mn=6&dy=0&i=p35086960010&a=91715896&r=1105.png
HGX
Started by
eminimee
, Jan 16 2007 07:48 AM
3 replies to this topic
#1
Posted 16 January 2007 - 07:48 AM
#2
Posted 16 January 2007 - 08:21 PM
Teaparty,
Nice chart work.
Looks like the downside could pile up fast, are you in puts here ?
I think I might try a small position somewhere in here.
#3
Posted 16 January 2007 - 08:40 PM
I'm in May puts since the neckline kissback.
#4
Posted 16 January 2007 - 09:05 PM
i tried shorting xhb at the close, but it wasn't available. i'll probably need to go the options route as i think there's a good decline coming and now seems to be a very good entry point.
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