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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: James C. Mc Gowan who wrote (15667)8/21/2002 12:04:46 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
James,
I went long on a couple of BBH calls based on a couple of buy sigs on the P&F chart. I got out by the hair of my chinny chin chin. In other words, I took a loss, but didn't get killed. Once the chart started to break down I bailed.

I have maintained a pretty bearish stance since last January. This despite getting some bullish indications on the P&F charts. This year, I have only gone long a handful of times and then only for very short periods of time.

I am going to be posting the bullish and bearish cases a little later tonight. One thing to note is that a reliable contrarian indicator is just as good as an accurate indicator.

So, yeah, I agree with you.