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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (13058)2/28/2002 2:11:36 PM
From: rocklobster  Read Replies (1) | Respond to of 26752
 
Susan,

could I run something by you.. if you look at this move back up, it seems that shorting right now is the thing to do since the break confirmed the trend down, right? but I've found in the past that this type of trade often turns very strongly in the other direction from the trend..I've had lots of big losses trading this kind of setup and then it keeps going .. what are your thought on this setup?

rok



To: Susan G who wrote (13058)2/28/2002 2:11:47 PM
From: sean sanders  Respond to of 26752
 
ya I'm thinking we just retraced a bit to the bottom trendline of the sym tri but who knows ...