Wednesday, May 9, 2007

NYX, washed off at the bottom.

There are two support lines of interest, one at 81.85 which was tested and held and one at 80.51. So far the 81.85 looks like it is holding and the stock is trying to put the bottom.
This is the daily chart with the support lines I mentioned above. Also the 200 sdma is coming at play here offering some extra support. The stock looks washed off here ready for a bounce. Growth is very good going forward http://finance.yahoo.com/q/ae?s=NYX.

4 comments:

zstock7.com said...

hey zues, good timing on the NYX chart, you read my mind...I bought NYX this morning...glad to see you are still up and running..
z-stock

Anonymous said...

Z stock thanx for the comments. I just checked your blog. You have a good thing going on there. Where do you find the time?


Zeus111

zstock7.com said...

hey zues, i spend probably less than one hour a day on the blog and nine hours searching out the watchlist. so far the blog picks are running 95% accurate....Meaning if someone bought every pick...9 out of ten would have made them money, or eventually corrected enough... to get money back.....some picks are just futile to try and solve, like shorting steel sector, or shorting DIA...but it's nice to put up a chart and imagine what could be...
zee..
i'm glad you like the blog....feel free to ask me about any stock...i usually have some opinion, or even better an entry number worked out.

zstock7.com said...

hey zues, hoping to find some of your wisdom, splashed around here. No new territory, today. I'll be back.
z-stock
I'm stuck on short term market direction. I have reasons for going to 13,800 and reasons to crash and burn next week or so. In the meantime I'm shorting NSC, AMTD,AMT. Just in case next week is bad, and i'm still buying on the dips, just in case market is good. I also changed my blog heading to, "this site is 98% accurate," so now there's a lot of pressure on me to keep posting only those pics that win. So far so good.