Discussion in 'Trading' started by EqtTrdr, May 6, 2003.
Nice charts... but I would wait for the confirmation of the breakdown before going short...
If indeed this is the top and the market will duplicate the performance of the Nikkei.. there will be so much downside that being a little late to the party is no big deal...
Dont be a hero and pick tops or bottoms... Wait for the pattern to play itself out... as of right now... the bulls rule..
Of course you noticed that the correlation isn't perfect. The Nikkei is a weekly chart the SP a daily.
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