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


To: Perspective who wrote (1888)10/8/2008 7:27:29 PM
From: skinowski  Read Replies (1) | Respond to of 3209
 
Agree, hard to tell, it could be a corrective range, or the beginning of a breakdown. Guess the way to go is to determine stops and give it a try.

I - sort of - "capitulated" today. Covered another bunch of shorts - mostly puts, on which i don't like using stops.

Just noticed - JNJ broke the lower line of a huge ED. May bounce around a bit, but this really can't be seen as anything bullish for the longer term. See the lower line here... broken over the past couple of days.

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