Heve gone flat, waitng for a confirmed buy signal from my systy
Started by
Chilidawgz
, Nov 20 2007 01:07 AM
3 replies to this topic
#1
Chilidawgz
-
- Traders-Talk User
- 5,683 posts
A fool and his money... (the second mousie gets the cheese)
Posted 20 November 2007 - 01:07 AM
The bulls have not been rinsed out yet:
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
ed rader
-
- Traders-Talk User
- 2,390 posts
Member
Posted 20 November 2007 - 01:10 AM
The bulls have not been rinsed out yet:
hi chili -- sounds like you too have ruled out a confirmed sell signal?
ed rader
#3
Chilidawgz
-
- Traders-Talk User
- 5,683 posts
A fool and his money... (the second mousie gets the cheese)
Posted 20 November 2007 - 01:47 AM
well we are getting there but my work says not yet, here are a few things I want to see among other indicators I follow. A reversal of these would give a buy which would want follow through for me to continue to hold
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#4
Chilidawgz
-
- Traders-Talk User
- 5,683 posts
A fool and his money... (the second mousie gets the cheese)
Posted 20 November 2007 - 01:04 PM
"hi chili -- sounds like you too have ruled out a confirmed sell signal?"
oops it was late when I replied and my brain saw "buy" instead of your confirmed sell question
short answer, we ARE in a sell mode until this thing bottoms. I trade from a few days to a few weeks or longer depending on what the mkt is giving. We all use different trading/holding periods. I have to always tell myself to throw out the concept of bear and bull and focus on the trend for my trade.
sell signal was 10/31. I am flat and in cash right now.
oops it was late when I replied and my brain saw "buy" instead of your confirmed sell question
short answer, we ARE in a sell mode until this thing bottoms. I trade from a few days to a few weeks or longer depending on what the mkt is giving. We all use different trading/holding periods. I have to always tell myself to throw out the concept of bear and bull and focus on the trend for my trade.
sell signal was 10/31. I am flat and in cash right now.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
