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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77643)	1/6/2016 10:01:45 AM
From: GoodGord	Read Replies (2) \| Respond to of 218671

After 18 months of sideways markets the first instinct is still to buy the dip. Have to wonder how it all ends for the dipsters.

To: GROUND ZERO™ who wrote (77643)	1/6/2016 10:49:20 AM
From: Mevis	3 Recommendations Recommended By GROUND ZERO™ Hank Scorpio Justinfo Read Replies (1) \| Respond to of 218671

Well the first trip got stopped out on the dip to 1972 or so. The second one at 77.5 stuck and I just sold it into 2088. now i'll focus on 1986 and 1996. Now most folks, including me many times, would say OK stop F'in around and let this thing settle down. But, I dont like waiting for the close for confirmation, especially with these overnight charades. U end up leaving too many points on the table. So I am willing to play some ping pong around the price points....... but its an all or none approach and u have to be resilient and prepared to approach it the same way every time. The one time you deviate is when u get nailed and/or miss a large move.