tag:blogger.com,1999:blog-2335748440449035592.post258717270018602638..comments2008-12-23T16:06:35.312-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2335748440449035592.post-70469019154631695922008-12-23T16:06:00.000-05:002008-12-23T16:06:00.000-05:00I looked at EXP chart and it broke its 50 day moving average, low $19s, last Thursday. At that point I'd be a seller, not buyer. The chart is not in good shape. I realize Obama is Midas, but unfortunately many stocks going up of late are doing so on nothing more than Obama. It does not take much to change that viewpoint and the stocks then have no fundamental reason to be bought.<BR/><BR/>That's the problem with buying on "thesis" over reality. One we pull back the curtain the Wizard of Oz is not so impressive - thats the story with almost all of these stocks going up on hope.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-37450736916289232852008-12-23T16:02:00.000-05:002008-12-23T16:02:00.000-05:00the more people that know the truth, the more it will spread<BR/><BR/>If I had time I'd devote a full blog to how the govt and their tiny niche of society work to screw the vast majority. I read things every day that I don't post here since it doesn't apply. I am just posting the "economic" specific stuff. It is pretty sad really for the entire country that this is the system.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-33050212417735378322008-12-23T14:36:00.000-05:002008-12-23T14:36:00.000-05:00Thanks, I enjoy the site, am a daily reader. I get more and more angry by the day about what is happening with the banks, and taxes, it's outrageous.dclancyhttp://www.blogger.com/profile/09935101366879612882noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-71428091156863577632008-12-23T14:25:00.000-05:002008-12-23T14:25:00.000-05:00dc, TA is as much art as science. There is no "right" line to use. EMA has worked for me much more than SMA over the years so I use that. Others probably find the exact opposite. TA is just a guidepost or another tool to supplement. Nothing is fool proof or near it, we just try to have odds in our favor as much as possible and any form of TA helps to a degree.<BR/><BR/>Nos, not too worried. APWR is pricing in pestilence and famine at 3,4,5,6. Its a trading vehicle until it can break out. Very little faith in the company as evidenced in any stock price for APWR below 15.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-938839288638582912008-12-23T13:17:00.000-05:002008-12-23T13:17:00.000-05:00FYI, Dow Jones Newswires put this out today:<BR/><BR/>A-Power Cut To Mkt Perform From Outperform By Raymond Jamesnosajiohttp://nosajio.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-10271224069935124292008-12-23T11:15:00.000-05:002008-12-23T11:15:00.000-05:00Why do you use the EMA moving average over the SMA moving average?<BR/><BR/>For example, I just bought some EXP, an infrastructure Obama trade, it is pulled back to it's 50 day SMA, but is below it's 50 day EMAdclancyhttp://www.blogger.com/profile/09935101366879612882noreply@blogger.com