Technical Analysis With Charts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis With Charts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rarebird who wrote (1430)	11/27/2005 8:01:23 PM
From: MACD X	of 6865

RARE BIRD YOU ARE FOLLOWING THE RULES Rules of investing state dont invest against the trend. And I would say that is good advice. And the trade, short apple, is very against the trend. But personelly I have great faith in the reversal triangle indicator and have watched it work many times. Waiting for confirmation is just that. Reversal triangle pinpoints the day exactly to the day and the trade is with this thought in mind. It has nothing to do with trends, bull markets, or bearmarkets. There is an 80% odds that this stock will reverse within the next two days. There is also a 20% chance this stock will start an excelleration in the next few days. My suggestion to short this stock is a high odds trade in my oppinion and is the reason that I posted it. A more conservative investor may wait on the trend break and the bearish Macd crossing for a safer entry. The majority of traders are right in the center of the trend and completely wrong at the start and at the end. The great traders are right on both ends and the middle. [knowing when to exit and enter.] Most all the indicators listed at the top of this site have exact time frames [projection or measuring points]that pin point the exact day, such as the reversal triangle. These are tools to help with the start and beginning of trends which is where everyone has trouble. the two stop seniros listed on post 1429 about shorting apple are tight and will remove any great risk on this trade.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next