Is the Fed's Cred Shot?

Quote from austinp:

The point I tried to emphasize here yesterday morning was <b><i>to not prejudge future price action based on prior market behavior.</i></b>

I personally found it hard to believe the upside had profit potential, especially in today's consecutive gap & bleed upward. Austin P
More...

Those two statements are diametrical.
 
<i>But... when the trade signals are clear buys, trusting the charts and fading my nagging logic / emotions is usually where the trend truly is.</i>

riskarb, the natural logic - belief - prejudge is often our first instinct. That's what I meant to say. Acting on trade entries according to the charts and not our belief is the point I hoped to make. Buying the charts was not "easy" to do from an emotional standpoint, but it sure beat the tar out of selling them :>)

Trade To Win
Austin P
 
You must log in or register to reply here.
Back
Top