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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (948)11/19/1998 4:45:00 PM
From: Nazbuster  Respond to of 90042
 
take a look at AMZN chart a just think of how much money was made and lost today.....WOW

MAN! I could use a trade like that (short)! I've been on the wrong side of those a couple of times.

Tim, do you even know how you go about reading the tea leaves of a chart like that to know which way it will break after such a long sideways trading pattern? Or do you just avoid trades like that where there is no clear momentum in the first place?


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