Thread: Watch $C - Citigroup Inc.
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Old 08-31-2009, 10:20 PM   Nav to Top 
Siforus
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Did I help?
Big Smile Well it's about time

Been buying and selling this since 3.77
Gotta have money to live so own 930 @ 4.50 now
Don't shoot me but I copied this off the google finance.......................

Jorge
I did my homework: The 4.00 barrier was as exciting for all the C
holders (long and day trading holders) as was the 5.00 barrier. Here
is a comparison of what happened before and after both barriers were
broken:

WHEN C BROKE 4.00
August 12: Strong push towards 4.00 (Low 3.73, Close 3.99)
August 13: Broke 4.00, stayed Low 4.00's
August 14 (FRIDAY): Open 4.16, reached post march High of 4.52, Closed
4.04 (lower than opening)

WEEKEND
August 17 (MONDAY): PROFIT TAKING DAY: Open BELOW 4 (3.87), low 3.8,
horizontal run closed at 4.00.
August 18 (TUESDAY): Here we go again, Open ABOVE 4 (4.07) STAYED IN
4.10's

Now check this out:
WHEN C BROKE 5.00
August 27: Strong push towards 5.00 (Open 4.73, Close 5.05)
Augsut 28 (FRIDAY): Open 5.29, reached post march high of 5.43, Closed
5.23 (lower than opening)

WEEKEND
August 31 (MONDAY): PROFIT TAKING DAY: Open BELOW 5 (4.94), low 4.84,
SEEMS horizontal run to close in 5.00
Sept 1st: what do you thing shorters? time to cover !!!!

Last edited by Miles; 09-01-2009 at 03:28 AM.. Reason: formatting!
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