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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (24315)1/15/2003 3:12:11 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Actually, in a longer term risk/reward scenario (1-year), the risk is about 4-times greater for a long position as it is for a short position from here, IMO. However, the shorter your time frame, the narrower the odds.

In a less than a month time frame, long would beat out short in odds due to the two uptrend lines that are still intact off the 12-31 lows.



To: Win-Lose-Draw who wrote (24315)1/15/2003 3:56:05 PM
From: DebtBomb  Respond to of 30712
 
""trend remains up"" not today it isn't, depends on your time-frame, gggggg

mid term chart trend is suspect, imo, (spx has gone nowhere for 3 months, after crooks did a 4-5 day gappo in early oct., hee hee)

long term chart trend is still down


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