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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (15920)11/13/2001 8:25:27 AM
From: JustTradeEm  Respond to of 19633
 
the bottom is always seen in the rearview mirror....

Are tops seen the same way ??

JB



To: Kelvin Taylor who wrote (15920)11/13/2001 8:26:06 AM
From: Paul A  Read Replies (2) | Respond to of 19633
 
yup- thanks.. I just cant ignore the gap to one last time hope my strategy pans and we have reached that double top here as the TA people would say..

Nothing has really changed from my original plan when I started taking positions about 2 weeks ago, but it just never broke out either way..

funny- I never really believed in that saying the trend is your friend.. at least not for position trades.. In fact, usually going against the trend is the way to make huge returns.. Day trading yes, not position trading tho.. : )

Incidentally- any good momo/squeeze em longs you have in your pocket you care to share? My vision is a bit err short right now and hard to focus on anything going up!

-- hey, as for Afgan.. Not so sure why this is considered a victory.. The northern alliance is a cause of some concern, and the talibon is probably thinking strategically rather then run and hide.. and the war is far from over, thats years away regardless of what happens in Afgan and warnings will start providing some reality checks very soon.. so I wont be going long aside from day trades but rather re-starting short positions near 2000