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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Matt's Posts
15 min SPX chart
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