Posted by Robert50 on 11th of Aug 2011 at 02:18 pm
IMO, worse thing we could do is sell at the bottom. I have
started to hedge in the past hour. To sell, I will
wait for the signal because it looks like things are starting to
head sideways. If we get a signal on a bounce, I will then
make my own decision on whether to sell, stay, sell 1/2, etc.
Historically, the system has comeback pretty well.
As Chas points out, we have a higher low on the Renko Charts and
I see the inverse ETF's are starting to break down slightly.
IMO, worse thing we could
what are you all planning to do going forward?
Posted by Robert50 on 11th of Aug 2011 at 02:18 pm
IMO, worse thing we could do is sell at the bottom. I have started to hedge in the past hour. To sell, I will wait for the signal because it looks like things are starting to head sideways. If we get a signal on a bounce, I will then make my own decision on whether to sell, stay, sell 1/2, etc. Historically, the system has comeback pretty well.
As Chas points out, we have a higher low on the Renko Charts and I see the inverse ETF's are starting to break down slightly.
My CALLS ARE UP 178%
Posted by Robert50 on 11th of Aug 2011 at 03:05 pm
My CALLS ARE UP 178% TODAY and I am still at a $3K loss. You gotta love it!