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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?


To: MACD X who wrote (4230)2/21/2007 10:50:43 PM
From: The Ox  Respond to of 6865
 
You exited positions for good, if not excellent reasons. My point is not to embarrass anyone. Far from it.

The TA, as I see it, is saying there is no reason to get bullish until a reversal is formed.

Playing a bounce or a day trade is one thing. Starting a long term bullish position when the trend is down....well, that's a very dangerous and, most likely, a losing short term call.

Best of luck to all!

TO