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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (74624)2/17/2007 12:24:28 AM
From: blitzfund  Read Replies (1) | Respond to of 94695
 
GZ Heck I plan on being wrong every time I put on a trade. I figure out how much money I will most likely lose and place the stop. The problem I’m having now is the market has been so choppy I can't let the trend be my friend, you know let my profits run. But I’m taking a stance and yes I will most likely be wrong but ifffffffff I’m correct I’m going to make some money. BWDIK

IMHO When I look at the current charts the only pattern I see is, if you excuse my French…..someone giving us the finger! I’m going to call it this pattern “pissed off lady right hand chart pattern” in my log book for future reference.

That said, I’m going short and staying short until I get stopped out and that may be Tuesday or it may be a couple months from now if I’m able to follow this market down into long term investor darkness with a trailing stop.

Blitz



To: GROUND ZERO™ who wrote (74624)2/17/2007 12:32:36 AM
From: blitzfund  Respond to of 94695
 
Foot Note: NDX and NASDAQ chart that is.