I'd rather know about a thought process (TA) than an action (position), probably because there is knowledge to be gained from the former. Just my preference, if I really need to choose between one of the two.
spielchekr – But it’s the ACTION (position) that traders take that determines the price, which leads to “Price is King” argument. Whatever their “thought process” may be, ultimately it’s their ACTION that counts.
Nevertheless, if I had to choose, I’d like to know both. And, I’d weigh both of them equally rather than taking one over the other. Just my preference, too...
) and short the bad nations like EUR now, BRIT next and JAPAN after (and the financials on the piigs)... I think you're going to do pretty, pretty well... Wait for market turn to go short... Pre-emptive shorting is a margin assassin!!!
