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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (88978)7/22/2009 11:59:49 AM
From: Real Man  Respond to of 94695
 
That is true.



To: Rarebird who wrote (88978)7/22/2009 12:31:31 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
The problem is that the market is making new highs since March
lows right now, and that's not good for bearish trades, in
general. Shorting at the highs is very risky. 956 was broken,
so we are going higher.



To: Rarebird who wrote (88978)7/23/2009 5:07:04 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
The bear trade is too risky at the moment, even though there
are indications of a top. Jesse is reasonably good describing
it. I would not hold long positions here, but would not slam
on shorts either.

jessescrossroadscafe.blogspot.com