yeah, you are correct technically speaking. i have been short BBI for quite awhile now with wide stops. see my thread "a rare marketsurfer stock pick" under trading forum. i just sort of have a "feeling",,,,,
will be trading mechanically off the channel figures today. upon review of multi timeframe charts--- there is potential that we nailed a short term djia top on 10.16.2003 however, only time will tell---will rely on system to place us on the right side.
as you know, system fired shorts as 9727 was smashed and we were able to enter at the aprox. equivalent to 9713 cash dow. holdings shorts here. retrospect indicates closing shorts yesterday was in error, but we are back on the board surfing down here and now. short BBI.
as you know, system fired shorts as 9727 was smashed and we were able to enter at the aprox. equivalent to 9713 cash dow. holdings shorts here. retrospect indicates closing shorts yesterday was in error, but we are back on the board surfing down here and now. short BBI.
the cash DJIA is slim jimming its way into the depths here. the extreme bearish sentiment appears to be continuing into the afternoon. holdings shorts.
yeah man. thanks rex. bailed early yesterday, but system nailed another nice nice wave down today, over 100 points in the DJIA. currently short entering thursday. still very confident in destruction to BBI--holding shorts.