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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (2707)12/26/2006 3:03:39 PM
From: skinowski  Read Replies (1) | Respond to of 2852
 
I understand that one needs a buy signal to go long from this s-t oversold point... but why go short? I am not disagreeing, just interested in the reason. I'd think that it would be nice to see a failure to rally, along with signs of a likely breakdown...