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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some may care about the
15 min SPX chart
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