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General : MELI View All Messages
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Recommend  Message 269 of 276 in Discussion 
From: MSN NicknameFrankyB_Is_Back  in response to Message 268Sent: 9/3/2008 7:20 PM
 
Boys and Girls...MELI  is exactlly at the supprt Level  in the $28-$29 area that Greedy's Chart in  post #264 CLEARLY shows.Even with  the GENERAL MARKET  In  MELTDOWN,breaking under $28 a retest of the LT $26 (07/08/08) is Credical  This support MUST HOLD  or $20-$23 is possible..
Hopefully EVERYONE  had Fully Hedged  when MELI Broke down at $40.
this Market has turned ugly, I really see no end in Site until after elections at eariest.. At Best  DOW  10,800 Will hold and Trade bewteen 10,800-11.800
.
  Being HEDGE , YOU  should DO nothing..But
 
Relax.Like me..have a few Drinks   and Have a FEW more Drinks in the Jacuzzi..
 YOU will See  CLEAR.. ........
You Will CLEARLY See..if You liked MELI When  J CRAMER said BUY at $56..You got to LOVE MELI at $28-$29
YOU GOT TO OWN MELI 
..PLEASE Stop..You're KILLING ME..CARRY On Boys and Girls


Replies to This Message The number of members that recommended this message.    
     re: MELI   Kutz  9/3/2008 8:56 PM