THE VODAFONE THREAD

So, the TA wins again. This move down is excellent news for the traders taffee, like you and I. Why did I sell at 146? 'Cos the RSI was at 80, that's why. Thought it might still take a stab at 150, but no, "not this time" spake Mr.Market, and HE knows best, NOT the rampers.

I have Buy orders in place at 139 and lower. All that can be adjusted in an instant if things change, but for now we traders just sit it out and wait to be triggered. Maybe we'll see 150+ on the next run? I'm going to bet on it.

It's so simple really: Get a good liquid company like Vod in a chart breakout, and buy it on all the dips (sell it at RSI 80 of course, don't forget) I don't know why you people fret so.

How's your short taffee...you predicted this very well - you daredevil!!