pump and dump, big boy's game again, page-9

Hi Brainybull,

This was what i posted when CNP was at 47c

__________________________________________________________
intraday one min live (selmax)
Forum: ASX - By Stock (Back | Return to Search Results for 'cnp')
Code: CNP - CENTRO PROPERTIES GROUP. ( 37.5c | Price Chart | Announcements | Google CNP)
Post: 4528069 (Start of thread) Views: 662
Posted: 24/09/09 12:18 Stock Price (at time of posting): 46c* Sentiment: None Disclosure: Stock Held From: 124.180.xxx.xxx

New Post Post Reply Thread View (0)
Back << Previous Post Next Post >>
is showing decending tri, lower lows, 51.5, 49, and 46.5c

47c must be broken quick for her to keep going, but for those new comers, becareful, don't lose your hard earn.

Pattern is bearish for day trading now.

___________________________________________________________

My friend, I was game enough to post something that neg. when CNP was running like a mad man, knowing that many here will hate me. But chart doesn't lie.

Go to that thread and read what I wrote, I warned all the newbies.

With trading, I hate to be an explorer, what it means is...going into new "price" discovering new prices that hasn't been discovered or hasn't been around for a while or 52 weeks high...I am an old fashion guy, I like to go with "old" price. Buy on old and sell on old prices.

Ask yourself the question, when was the last time CNP was traded at 52c??? No news, pure speculation, in that case, we will relie on Chart, I posted that at the time, knowing she will fall, and even said somethign like a big move will come...that has given everyone warning.


When was the last time CNP hit 49c? It was on the 5th of May 2008...

I did 48 trades today on CNP, yes 48 buy/sell orders, and I played her like a cat with a mouse lol :P


From the chart...she has failed to close at the high by miles......sorry to say. She does look bearish.

Winecollector is right, I am not qualify to give you any advice, but I am qualify to give you one advice as a friend. Buy some T/A books and try to understand about charts. Never buys in with a rush of blood, because it can turn into a pool of blood later.

CER I hold a longer view, but CNP, I hold a shorter view, CNP, I trade her.


Regards

Selmax.