
Mesabi Trust (NYSE - MSB)- This is what things looked like when we identified this trading possibility during the closing weeks of 2010. MSB had been consistently responding to sixth-harmonic planetary price lines for the Sun and Cupido, which had not only tracked trends, support, and resistance for this stock, but had also nailed key trend reversals as well, with a trading bottom on a Sun/Cupido sextile in February, a trading top on a Sun/Cupido trine in April, and the start of the current uptrend on a Sun/Cupido trine in August. By the time MSB was featured in our Stocks To Watch, however, we had just had MSB hit a correct intraday high on the planetary price lines for a fresh Sun/Cupido sextile. (For hands-on training in planetary price lines using the Galactic Trader software, be sure to get the special DVD program on "Profitable Trading with Planetary Timing" at http://www.HarmonicResearchAssociates.com/shop/shopexd.asp?id=40 )
The net result of our trade to the short side with MSB? A whopping 17.87 gain! When we bought to cover our position on January 3, 2011 at 40.45, we had pulled in a return of $1,760.00 in just 8 trading days.
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Getting a 17.9% Return on a Short Position in Mesabi Trust (NYSE - MSB)
January 16, 2011
MSB had been consistently responding to sixth-harmonic planetary price lines for the Sun and Cupido, which had not only tracked trends, support, and resistance for this stock, but had also nailed key trend reversals as well, with a trading bottom on a Sun/Cupido sextile in February, a trading top on a Sun/Cupido trine in April, and the start of the current uptrend on a Sun/Cupido trine in August. By the time MSB was featured in our Stocks To Watch, however, we had just had MSB hit a correct intraday high on the planetary price lines for a fresh Sun/Cupido sextile. (For hands-on training in planetary price lines using the Galactic Trader software, be sure to get the special DVD program on "Profitable Trading with Planetary Timing")
The net result of our trade to the short side with MSB? A whopping 17.87 gain! When we bought to cover our position on January 3, 2011 at 40.45, we had pulled in a return of $1,760.00 in just 8 trading days.
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