across a number of indices, how strong is the selling today, are
they going to give up today or wait for the economic news tomorrow
first? my guess is tomorrow, we could easily count five waves
down from yesterdays highs so a abc jerk you around again today
would make sense....bonds are breaking out so that signals
the move is coming soon. It would take a move over yesterdays
highs to get me to close out anything, otherwise still 100%
short.
at support
Posted by cwa82675 on 5th of Feb 2009 at 10:06 am
across a number of indices, how strong is the selling today, are they going to give up today or wait for the economic news tomorrow first? my guess is tomorrow, we could easily count five waves down from yesterdays highs so a abc jerk you around again today would make sense....bonds are breaking out so that signals the move is coming soon. It would take a move over yesterdays highs to get me to close out anything, otherwise still 100% short.
Thank you for an update,
Posted by junkmaylbox on 5th of Feb 2009 at 10:09 am
Thank you for an update, I like your trading philosophy and perspectives very much!