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Ron Jaenisch
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A personal student of Dr. Andrews of Median Line fame. Has articles published in several magazines including Stocks and Commodities, Futures and Traders World. For over 10 years has been trading and teaching the Advanced Andrews Course at www.andrewscourse.com and www.precisiontrader.com
My company:
RCS
My blog:
precisiontrader
My book:
Advanced Andrews Course Manual
  • Will The Down Trend In International Steel Continue? 2 comments
    Feb 7, 2013 11:22 AM | about stocks: GGB

    For some time GGB has been going down. It made a high in 2008 at a value over $26. Then a few years later it made another high over $17.

    At this time it appears that the bottom is not in yet.

    (click to enlarge)

    A drop from here would lead prices to the $6 area according to precisiontrader 3.31.

    Disclosure: I am short GGB.

    Stocks: GGB
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    Andrews ore signal rules
    17 Feb, 11:43 AM Reply Like
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    Down it goes
    17 Feb, 09:09 PM Reply Like
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