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Strategies & Market Trends : Strictly: Drilling II

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To: jimsioi who wrote (25818)1/16/2003 7:53:12 PM
From: isopatch  Read Replies (1) of 36161
 
Jims <some of us can try harder to just hold on....>

Yep that's the key.

Mr Market will do things to the TA you would have thought impossible to shake you out of your positions during a major advance.

<Fade into the close> head fakes are becoming the currency of deception. And NOT just in the PM stocks! Get a load of this! (wish I owned it<lol>)

finance.yahoo.com

Gets crushed in the final hour yesterday on high volume. Today it turns around and explodes to the upside today on huge volume.

Time to recognize that some common TA signals have become contrary indicators.

Isopatch
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