New highs maybe
Started by
CLK
, Oct 19 2009 05:01 AM
4 replies to this topic
#1
CLK
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Posted 19 October 2009 - 05:01 AM
Remember the false head and shoulders breakdown in July ?
It ended up making a measured move higher before it pulled back.
I know it's late in the trend but just pointing it out.
#2
teknobucks
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Posted 19 October 2009 - 06:47 AM
maybe?...... or no stopping it!
too much gubbermint inertia behind this trend.
WE GO UP...shorting only as a hedge myself.
#3
andiron
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Posted 19 October 2009 - 07:18 AM
headed up, indeed. Money will be made on the long side till this exhausts and we are not there yet..shorting IT is like waiting for godot..join the momentum perhaps intraday & enjoy the gravy..Money is made from what seems like irrational thing to do.
#4
beahero
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Posted 19 October 2009 - 08:17 AM
headed up, indeed. Money will be made on the long side till this exhausts and we are not there yet..shorting IT is like waiting for godot..join the momentum perhaps intraday & enjoy the gravy..Money is made from what seems like irrational thing to do.
can we get a "To The MOON!!!"...??
#5
porsche911sg
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Posted 19 October 2009 - 08:45 AM
headed up, indeed. Money will be made on the long side till this exhausts and we are not there yet..shorting IT is like waiting for godot..join the momentum perhaps intraday & enjoy the gravy..Money is made from what seems like irrational thing to do.
Andrion, I just wanted to say, I noticed a change in hearts of bears of the late which is a sin where markets are topping out,
I noticed this among friends, boards and many sketics.
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
