Oh, no, he found me....Guys, Zeev is my professor.....He is brilliant, humble, and humourous, and what I would consider a top gun trader....
Zeev, I know you expect the Christmas rally, and you will probably get it, since my emotions are good contrary indicators...Right now I am scalping shorts and hoping for a catastrophe...Have had a rough two weeks trying to go long....I was 10 of 14 shorting but then, brilliantly decided to go long, and paid through the nose......Now that I am going short again, should be time for bull rally.....
Question Professor:
When a stock is moving to the downside and hits support areas, what figure do you use to calculate takeout of support area for Nasdaq stocks...I have gotten very good at predicting support and resistance areas, using Gann Retracements, Fibonacci Ratios, MA's, BBands, Envelopes, Volume studies, etc..... However, I would like to figure the firepower necessary on downside to penetrate support areas, as I continue my shorting adventure....You don't have to answer this, if it a personal trader secret...But as Lizard knows, I always try to get info out of everyone....
Got to get to a class......Regards and good to hear from you....
Can I say it, I missed your commments.....Mark |
