longs should cash in here
Started by
andiron
, Mar 05 2010 10:59 AM
4 replies to this topic
#1
andiron
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Posted 05 March 2010 - 10:59 AM
high probability pull back..this was just unbelievable rise..so unless i see a fierce sell off, i will flip long upon pullback
#3
diogenes227
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Posted 05 March 2010 - 11:26 AM
"high probability pull back..this was just unbelievable rise..so unless i see a fierce sell off, i will flip long upon pullback"
I agree. Of course, I thought there was a high probability of a pull back on that doji two days ago too. Doji got gored.
Don't you want to at least see a down tick before a pull back call?
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#4
andiron
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Posted 05 March 2010 - 11:30 AM
TA is ~50/50..some benighted folks assume precision akin to hard sciences..alas, they are so mistaken..
#5
uburack
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Posted 05 March 2010 - 01:48 PM
high probability pull back..this was just unbelievable rise..so unless i see a fierce sell off, i will flip long upon pullback
Yes I agree. SOMEBODY should sell!
but Noooooooooo! There is no fear all is good. Nothing but buying that I can see. WTHECK?!?!?
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
