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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (164332)6/11/2009 9:14:38 PM
From: robnhood  Read Replies (3) | Respond to of 313650
 
Makes no difference, stocks, oil, you name it. Correct predictions are tough, and most likely right about 50% of the time



To: Proud Deplorable who wrote (164332)6/11/2009 9:23:47 PM
From: robnhood  Read Replies (1) | Respond to of 313650
 
On that first chart of oil. If you sold it when it broke it's uptrend channel, and bought it when it broke it's downtrend channel , you would have made huge.
This is hindsight of course but nonetheless that is fairly basic chart trading and it worked perfectly on oil.