I still don't like the setup on SRS yet. No divergence on
the intraday charts, and $DJR is in no-man's land between R
levels. Even if I'm wrong, and I miss a big move on SRS, I'd
rather do that than get on the wrong side of it; it's a big mover
and I'd rather miss the bus than get run over by it.
I agree. It was a mistake for me to place the second trade too
quickly around 52.2. And I know the reason - nice profit in the
last couple of weeks gave me some illusion - should be more
disciplined
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I still don't like the
SRS
Posted by rjdst on 31st of Mar 2009 at 03:19 pm
I still don't like the setup on SRS yet. No divergence on the intraday charts, and $DJR is in no-man's land between R levels. Even if I'm wrong, and I miss a big move on SRS, I'd rather do that than get on the wrong side of it; it's a big mover and I'd rather miss the bus than get run over by it.
I agree. It was a
Posted by jlink on 31st of Mar 2009 at 03:31 pm
I agree. It was a mistake for me to place the second trade too quickly around 52.2. And I know the reason - nice profit in the last couple of weeks gave me some illusion - should be more disciplined