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#1 CLK

CLK

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Posted 13 November 2011 - 08:15 AM

After reviewing my topics from mid 07 thru March 09 I see that my IT/LT timing is good, but I let the st moves make me second guess sometimes. I got extreme bearish at the 09 bottom but I quickly turned IT bullish on the 12th. Most of my problem was that I traded options and you can lose easily on those despite being right, and I was under constant pressure to focus too short term to try to not lose on those. Right now my long term charts indicate this is a bear market and I'm trading it accordingly even though I'm hedged at the moment, looking for a spot to take that off. If/when we get to new lows internals will indicate whether the bear is over or not.