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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (87557)5/27/2009 7:53:15 PM
From: fred woodall  Read Replies (1) of 94695
 
I have been trading this equities market for some time and I can tell you it is much easier going short on rallies than trying to speculate a intraday bottom for the move up. Make that impossible unless you are willing to except substantial risk while constantly moving stops.
This is quit the opposite of the bull in 2002,2,4,5,6 when every 5% drop was an autopilot signal to buy.

Another bull off support levels this is not. Been there done that and this ain't it.
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