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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (1682)9/2/2008 2:21:38 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 3209
 
I think your count nails it. Time for iii of 3 of B!



To: jjstingray who wrote (1682)9/2/2008 2:25:21 PM
From: skinowski  Respond to of 3209
 
It's all a matter of estimating odds and controlling risk - and executing accordingly. On the daily the decline since May was sharp and hard, and the consequent rally was hesitant and choppy. Bulls would need a large advance to confirm a change in trend - which so far, on the daily, is hard to describe as anything but bearish.


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