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Strategies & Market Trends : Take the Money and Run

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To: bramble88 who wrote (15417)8/16/2002 10:32:46 PM
From: Petrol  Read Replies (2) of 17639
 
If this run goes on for another 4 days the way it has I might have to take a hatchet to my mouse so I can be permanently barred from trading -g- (just kidding, really)

But if you notice from many of the charts (i am by no means a chartist) most bounces after new lows have bounced up to the 50.

I have this analogy for the bounces we get in the market: it's like a ball you drop... the first bounce is strong but not as high as the first, the second is lower, and lower...etc. get it?

That's about the extent of my deep thoughts. I want fair value and one day I'm gonna get it on everything I'm short. hehe!

Which stocks do you trade?
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