Friday, January 19, 2007

Nice Entry on NYX


Here is the classic Cramer run up on news, and steady pullback to the rising 50dma. Very nice entry for a longer term bullish view on this stock.

78.6% Retracement & 50DMA Support

5 comments:

MillionDollarJourney.com said...

Looks like a double top to me. I would be short term bearish.

Terence said...

I guess that I should have waited for your post before I entered. Oh well, at least I'm in if it does rebound from here.

Terence
http://optionjungle.blogspot.com

Pablo said...

Nice blog!

Anonymous said...

What happened to your ER2 doubling every four days system?

By now that $5,000 should be up to $100,000 or more.

CHIC-HANDSOME said...

good year