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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: fahrenheit451 who wrote (23036)8/4/2006 11:17:29 PM
From: Math Junkie  Read Replies (1) of 42834
 
"Now you are getting to the major issue. I would expect a professional trader to see what was happening in the market as a result of the election problem and realize that his initial analysis had been overtaken by this unforeseen event and close out the trade to cut his losses. Brinker should have reached this conclusion some at time in the 30 day period following election day. The thing I find interesting is that some of his subscribers did just that while he acted like a deer caught in the headlights."

Excellent point, and it also shows why Brinker was right to get out of the business of attempting short term trades.
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