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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: NOW who wrote (10053)3/3/2009 8:25:20 AM
From: Perspective  Read Replies (2) of 41420
 
Cripes, everything happens so darned quickly these days. I've been watching this setup since the November low - what, 60 trading days or more. Then it just utterly collapses in the space of 3 days. Not so much as a bounce. Minor wave ii before the collapse was virtually nonexistent. Want a 38% correction to at least get a sense for how vigorous a short-covering rally might be? Not a chance. You had to sell into weakness. Yuck. Not the way this bear was raised.

For that reason, I'm looking into the component issues a little more deeply. Sometimes they provide easier entries, better risk/reward setups.

finance.yahoo.com

`BC
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