i bet most are down more than 30% if they started investing in june... he's big on australian stocks and we all know how bad the aussie dollar got bitchslapped. i love him though just picked up his new book
didn't realize it wwas that big an issue.. in any case, trades were stopped out... the long above the descending trendline is what i'll be looking at next
why is a retrace inevitable? sure sometimes triangles get a retest but its never inevitable... im short and staying short until 1.165ish and resistance i would just use fib #s from the peak