This is one of those times I wish I had them.... i.e. wouldn't it be nice to throw a "bet the farm" position ahead of the FED?
Oh well, we short term traders tend to pare down hard and step aside.... risk control is better than panic control...
Although that daily MACD histogram chart on the SPX looks mighty interesting.....
mm
Speaking of Balls
Started by
maineman
, Oct 30 2007 02:31 PM
1 reply to this topic
#2
ogm
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- Traders-Talk User
- 13,780 posts
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Posted 30 October 2007 - 02:41 PM
This is one of those times I wish I had them.... i.e. wouldn't it be nice to throw a "bet the farm" position ahead of the FED?
Oh well, we short term traders tend to pare down hard and step aside.... risk control is better than panic control...
Although that daily MACD histogram chart on the SPX looks mighty interesting.....
mm
It looks horrible. Ugly momentum setup. But the price is king and its above the moving averages. So unless we break under 55 EMA the long side has the benefit of the doubt.
