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


To: Proud Deplorable who wrote (165014)6/16/2009 1:41:13 PM
From: heinz44  Read Replies (1) | Respond to of 314117
 
Well, I think I will rather follow Fields / Sinclair
AS they defended certain prices all the way up, Sinclair said many times "so they will defend 1000" eventually to loose and then pick the next line
At some point they will throw in the towel
Interesting how most here don't take Sinclair as being the GURU
Personally he has stopped me from being whipped about consistantly
I'm talking re G and TNX
if you must..trade 1/3 on strength.....and buy back on weakness
followed that to a T and have done very well on those 2
I have also made sure that I hold those 2 at a dif broker (call in by phone) so as not to get crazy in using their margin to buy the p+d ers or "flavour of the day"