daytrading feb 8 morning, page-84

  1. 2,889 Posts.
    Endless, I agree with you on PEN. The PnF chart gave a clear buy signal at 2.8 and the SP has now "blown" a bit high. I have sold all my holdings and am prepared to sit and watch for a while as I am expecting a pull back soon.
    I am very suspicious of the large buy oders at 6.4 and 6.5

    I am not "anti" Pen, I just think the run from 2.8 has been great and it may be time for a breather. If I miss a couple of points it will be OK!
 
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