Poll, Is The Low In?

Discussion in 'Trading' started by The Answer, Mar 13, 2004.

  1. +================================
    Told an elitetrader to early this month this month, paraphrased,
    yes a low has been put in ;
    fortunately hedged comments with comment more conservstive:cool: traders may want to wait for 50 day moving average[50dma]

    And early this month & now $xau leaders & some black gold leaders nicely close to 50dma.

    DIA & SPY look look stronger than SMH & QQQ.

    However SMH & QQQ can be like a sports car in the sense they tend to go faster in ANY direction.

    Doesnt mean one has to trade/invest them fast.

    :D
     
    #31     Mar 23, 2004
  2. To the Bulls that bought the low at 1087 SPX just a week ago!

    :)
     
    #32     Apr 2, 2004