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


To: Seismo who wrote (79115)2/1/2016 7:39:03 PM
From: GoodGord  Respond to of 221504
 
Yes but each V bottom took awhile to turn down again. My time frames only last hours or overnights. So its not worth the risk if the bottom holds and takes many days or weeks to retest. Not to mention if the market just bounces all the way back to highs likes it been doing the last few yrs.



To: Seismo who wrote (79115)2/2/2016 12:20:08 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Bender

  Read Replies (1) | Respond to of 221504
 
There's nothing but thin air between where the market is right now and, well (no pun intended), deep into the abyss...

GZ



To: Seismo who wrote (79115)2/2/2016 1:42:42 PM
From: yard_man  Respond to of 221504
 
I've noticed this as well -- deep and "perfect" V's are often indicative of coming swoons -- if they happen in a day.