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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Stoctrash who wrote (10742)12/1/2008 5:05:58 PM
From: nspolar1 Recommendation  Read Replies (1) of 33421
 
Added a we bit more at the close.

Going to add (w/margin) everyday we have a red stick, for 9 to 13 days.

Margin and leverage kill. Gotta break the habit soon.

We should be in the 9th inning, but I think we have an extra inning or two coming up. The depth of this may surprise many. Not I ... have kept lowering my targets as this has moved along.

Be flexible and respect trendlines, from here on in. Look for reversal sticks. Concentrate, concentrate, and go bug eyed.

I think we get a sharp bottom here, when it comes.

TF
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