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Non-Tech : Raptor's Den

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To: bcrafty who wrote (9915)4/4/2003 11:51:03 AM
From: GrillSgt  Read Replies (2) of 10157
 
Thanks,,

I have no way to determine length of cycle oat this point. Heck, last cycle went 9 days! I generally plan for 12-13 but of course nothing is certain. Regading the "turn on a dime comment", I was referring to only short term..not for the anticipated cycle. As for the length, "minutes vs hours", I would have to let the market action decide that. Cycle tops and bottoms can be extremely frustrating to game and unfortunately these are the days that the best ops present themselves. There have been several recently. Last cycle went 9 days..9 days! There was another back in mid-late Feb that proved to be very expensive by sticking to the "rules" I have developed. It was a confirmed upcycle and the low close after the mid cycle highs was not above the end of the previous cycle which it should have been for an upcycle.. Those will make you question yourself thinking it could have actually been a "disguised" downcycle. Like any model one chooses to use, nothing is for certain which is why discipline is so much more important over your conviction. If there was one that was easy and always correct, everyone would be using it. Like Bradley turns <gggg>
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