Thursday, January 08, 2009


 cover ISRG + $ 1400, sold POT even

2 comments:

Unknown said...

hello there,

great work and P&L

just read your blog for the first time and try to understand your methodology.
Obviously what I couldn´t figure out
was how you arrive at the values for the red and green lines ?
Can you share this ?

regards
Susn

Scott said...

Susn- if by values you mean prices, it is what the market and stock momentum tells he is a either a safe place to get in or a good place to take $ and exit. I don't pay attention to prior support/ resistance levels because these days so many have been bypassed. I pay attention to intraday sup/rez levels though as that is what is happening in the current moment.