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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Douglas M. Benedict who wrote (47033)12/11/2005 11:17:27 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
You points are well taken, I am simply pointing out that parabolics are an extremely high risk trade. The high points are very sharp and narrow in duration, like threading a needle. Ultimately 99% of participants will seriously miss the needle, either by getting out too early or being too late. Only the very lucky or liars will thread the needle of parabolics. Plus others will get sucked in and ride the rollar coaster all the way back down.

I've traded a long time, and when I get a parabolic in something I own, the "red alert" comes on, and I pick a spike at various points to sell or distribute into, even if it means there's another spike (typical of this action) the next day.