Quote from jeffalvinson:
I am not a bearish trader, in fact my trading system is bullishly biased, but lets be honest about something right now:
"If you look at the last 6 daily candlesticks of the NDX, you will notice that the NDX has 5 out 6 negative candles and has
shed 74.91 points (-4%) in the last 6 trading days.
I seriously doubt than anyone bullishly trading the NDX or COMP everyday for the past 6 days has had a positive overall result."
If you did, I challenge you to come clean and to list the entry and exit prices of those trades during the past 6 trading sessions." (don't reveal your methodology, just the trades)
Jeff
That wont stop these guys dusting off the cheerleader skirts and forming a human pyramid