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Posted : Sunday, February 10, 2008 9:30:01 AM
Registered User
Joined: 10/31/2004
Posts: 12
Location: deerfeild breach Fl.
any comments on  M T N.?
Posted : Sunday, February 10, 2008 12:13:34 PM
Registered User
Joined: 10/26/2005
Posts: 238

It is right in the middle of a daily price channel which makes it a high risk entry for me at this time. I would be watching this for a shout entry.  AB

Posted : Sunday, February 10, 2008 4:19:13 PM

Registered User
Joined: 4/18/2005
Posts: 4,090
it is forming a stochastics divegence... and RSI is divergent... all the red BOP would freak me out.. but I've been coming across allot of charts where it's working in reverse.. last time there was serious red bop on this chart was right att  the bottom of the swing.. that could be the case this time.

but it's quite shortable as well.  Nearlhy a perfect set up for my short strategy... minus the divergences.
Posted : Monday, February 11, 2008 11:13:44 AM
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Joined: 5/1/2007
Posts: 158
Ordinarily, MTN would fit my buy patterns - but it just doesn't feel right - or maybe I'm not into skiing, either on snow or with the stock p0rice as slope - actually, now that I look at it, rose too high on the bounce to fit my favorite pattern - the big 'W' - see "It's a Mad, Mad, Mad World" for details.
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