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.
IT/LT
Started by
CLK
, Nov 13 2011 08:15 AM
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