Posted by junkmaylbox on 23rd of Mar 2009 at 09:31 pm
Well, Matt, I was one of the posters with bearish
inclination for two reasons: one, I was expecting that wave 1 had
ended and wave 2 began. By definition, wave B up is not supposed to
go above the top of wave 1, and wave C down should follow. Two, I
lost money last week by entering a premature short on Thursday of
the preceding week, and was eager to make up those losses.
This market is tricky for a reason, I am inclined not to
over-analyze it but simply take it for a ride, in an old-fashioned
manner: down and then up without having to check its progress and
mess up with my interference. Hopefully one of these days it
will happen.
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Well, Matt, I was one
one thing I've noticed is that the posters on the ...
Posted by junkmaylbox on 23rd of Mar 2009 at 09:31 pm
Well, Matt, I was one of the posters with bearish inclination for two reasons: one, I was expecting that wave 1 had ended and wave 2 began. By definition, wave B up is not supposed to go above the top of wave 1, and wave C down should follow. Two, I lost money last week by entering a premature short on Thursday of the preceding week, and was eager to make up those losses.
This market is tricky for a reason, I am inclined not to over-analyze it but simply take it for a ride, in an old-fashioned manner: down and then up without having to check its progress and mess up with my interference. Hopefully one of these days it will happen.