To be a BEAR, or not to be a BEAR!?!

Discussion in 'Trading' started by BlueStreek, Dec 7, 2006.

  1. duard

    duard

    Alot of breakout reversals with an expansion in volatility a sign of changing trend but so far the trend is intact. See attached chart.
     
    #21     Dec 9, 2006
  2. Nothing but sine waves being painted by the major indices this week....tough to make money with that price action.
    Could be one more push up to make new highs, then the breakdown before Christmas. The Fed is at a quandary right now...they have no idea if this economy is staying strong or getting weak...much weaker.
     
    #22     Dec 9, 2006
  3. I may have to change my handle. I used to do nothing but shorts but this market has forced me to change my ways and I am a better trader for it. I think I have finally obtained neutrality and I dont care which way it goes on any given day.
     
    #23     Dec 9, 2006
  4. Yes. That's a good attitude to take. Look at Friday's action in the RUT or eRL futures. Fast Move up, then....Fast Move down.....then Slow Move Up, Slow Move down.
    Net move for the day: ZERO...or close to it.
     
    #24     Dec 9, 2006