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To: MythMan who wrote (5622)4/25/2010 10:42:31 AM
From: Rarebird  Respond to of 26251
 
Relying on one indicator is worse than clownish; it's a recipe for bankruptcy.

As for following trends, they work well until they don't. In the case of this trend, the change in trend will be abrupt and losses quite steep. And this is coming from someone who has projected since the beginning of this year a solid uptrend into mid-May. Moreover, I've given precise turn dates well ahead of time.