Posted by dowjones4k on 12th of Feb 2009 at 06:00 pm
i find it more helpful to look at the morning charts formulate
my own thoughts first then listen to their commentary - which
lately i totally ignore.
i do not play any current month options and set my goals more to
long term thinking on the downside as i believe this is a
depression we heading into.
i have studied the 1929 charts a lot and formulate my strategy
around that. i have done this since November 20. i have
bought double short funds and sold calls untill lately as i believe
we are ready for a big move. i have found this has cut out my
whipsaws.
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i find it more helpful
SPX 10 min chart.pngPer my 10 min chart way earlier ...
Posted by dowjones4k on 12th of Feb 2009 at 06:00 pm
i find it more helpful to look at the morning charts formulate my own thoughts first then listen to their commentary - which lately i totally ignore.
i do not play any current month options and set my goals more to long term thinking on the downside as i believe this is a depression we heading into.
i have studied the 1929 charts a lot and formulate my strategy around that. i have done this since November 20. i have bought double short funds and sold calls untill lately as i believe we are ready for a big move. i have found this has cut out my whipsaws.