moksah, only you can answer that, you know the supports, the
resistance, oversold/overbought, you need to take that decision
based on your risk profile.
Posted by treid4dou on 9th of Sep 2008 at 02:06 pm
maybe he /she is in need of some corroboration of our
mentors.....we all need .....if i were so expert as to do
everything is supposed i have to....maybe i would have stopped
trading and be in Mosquito Island having a piña colada.....on a
yacht..... he he he...!!!!!
some may care about the waves from a longer term point of view.
I have a core short position that I ahve kept for more than a year,
have added bits and pieces here and thre.
I have been shorting WYNN since it topped, have nailed every
turn, just by doing the waves. Waves called more decline
for cameco, while many letter writers were calling a bottom
and a new bull. Waves called a top in GG to the penny.
Trading short term is fine, but it is hard, for many, including
me, who are not as good traders as a select few, for us mere
mortals, true money is made on longer trends. There are different
techniquess in detrmining trends, corrections, and trend changes, I
jusrt so happen to use waves
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15 min SPX chart
Posted by matt on 9th of Sep 2008 at 01:50 pm
15 min SPX chart - losing support
matt, there's a gap there @
Posted by dylan398 on 9th of Sep 2008 at 01:59 pm
matt,
there's a gap there @ 1241...I believe they wanted to fill....watching carefully
is this a good time
Posted by moksha on 9th of Sep 2008 at 01:52 pm
is this a good time to add again to the ultrashorts?thanks
moksah, only you can answer
Posted by dallahoo on 9th of Sep 2008 at 01:59 pm
moksah, only you can answer that, you know the supports, the resistance, oversold/overbought, you need to take that decision based on your risk profile.
maybe he /she is in
Posted by treid4dou on 9th of Sep 2008 at 02:06 pm
maybe he /she is in need of some corroboration of our mentors.....we all need .....if i were so expert as to do everything is supposed i have to....maybe i would have stopped trading and be in Mosquito Island having a piña colada.....on a yacht..... he he he...!!!!!
matt your posts and timings
Posted by dallahoo on 9th of Sep 2008 at 01:51 pm
matt your posts and timings are priceless!
Matt's Posts
Posted by finam on 9th of Sep 2008 at 02:27 pm
I agree that they are priceless.
I am trading them on my short term account and doing very well.
How cares what wave we are in? These are working. We just have to be nimble as they change.
FinaM
some may care about the
Posted by dallahoo on 9th of Sep 2008 at 02:36 pm
some may care about the waves from a longer term point of view. I have a core short position that I ahve kept for more than a year, have added bits and pieces here and thre.
I have been shorting WYNN since it topped, have nailed every turn, just by doing the waves. Waves called more decline for cameco, while many letter writers were calling a bottom and a new bull. Waves called a top in GG to the penny.
Trading short term is fine, but it is hard, for many, including me, who are not as good traders as a select few, for us mere mortals, true money is made on longer trends. There are different techniquess in detrmining trends, corrections, and trend changes, I jusrt so happen to use waves