what happened to all the bears?

Discussion in 'Trading' started by Free Thinker, Jun 11, 2003.

  1. prox

    prox

    True, there are forecasts and then there's trading.. the most one can do is project areas of reversals, but who really knows if that's going to be "the" final top or bottom. Therefore, trading and money management is still critical. Yes I'm guilty for stalking shorts yesterday, but the trader part of me knew that something was changing and to reverse.

    But, when you combine doing your analysis homework and then it pans out as you expect, it's a lot easier to take the trade.
     
    #11     Jun 12, 2003
  2. balda

    balda

    well there are a lot of BEARS here on this chat to go long:D
    weekly NASDAQ avobe 100 ma nice trend up.
     
    #12     Jun 12, 2003
  3. prox

    prox

    100 ma on the weekly isn't very important to a daytrader, we care about the now and near future. :D
     
    #13     Jun 12, 2003
  4. Short-term traders and daytraders are looking for quick hitters on the short side.

    Calm down bronco bull ... this is still a bear market. Take a look at a chart that's longer than 1 year.
     
    #14     Jun 12, 2003
  5. The bears have been waiting for this rally to stall.

    Friday 11:30 est
    indu down 104
    spx down 12.50
     
    #15     Jun 13, 2003