Thursday February 21st
2:23 pm
Market is iterating Tuesday's session
3 X Multiplier = a large decline as this unfolds
flat and waiting
Friday
Started by
Frac_Man
, Feb 21 2008 02:52 PM
3 replies to this topic
#1
Frac_Man
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Hank Wernicki M.A.
#2
gismeu
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Posted 21 February 2008 - 03:04 PM
Hank,
if you see a large decline coming then why don't you short it?
just wondering ...
tia, gis
If you can't buy Happiness, STEAL IT!
#3
The End
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Posted 21 February 2008 - 07:16 PM
coco for cocopuffs. That be why. 
NONE of what I type should be taken as financial advice.
#4
kwest
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Posted 21 February 2008 - 07:33 PM
Hank,
if you see a large decline coming then why don't you short it?
just wondering ...
tia, gis
Don't mean to speak for Hank but at least 3 reasons not to short immediately:
1) the fractal may show some nearterm up/ sideways action;
2) the fractal may need to play out more -- to confirm itself with one or more moves;
3) the pattern may offer a better entry point for risk/reward; an optimal place for stop protection.
Of course, maybe Hank has another reason...
When in doubt, cash it out.
