Quote from Don Bright:
According to my machine, we missed the mark on the 13th. But, hey, most of you have it right....let's respond to the market, never try to get opinionated....it can be devastating.
I'm not even being negative about the original poster, not at all....he just fell for the trap that so many fall for....to put too
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much faith in "stuff" (charts, fib's, etc.). Anything can be right
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sometimes, but traders need to respond rather than predict (for the most part).
Heck, what is a "swing trader" anyway? Just a "day trader" who is waiting for the stock to "schwing" back the right direction......(small joke).
Don
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Underlined Don Bright Trading quote about the danger of ''put too much faith in stuff''
As much as I like a complex number of moving averages;
had 4 brand name chart services in one month.
All 4 chart services had a different number for a simple 10 period moving average.
==========================================Trade what you seeand make sure you double check it preferable in sunlight, the germkiller.