tip for all the bottom callers

[coolweb]

Price takes 3-5-14 days to settle before ever jumping straight back up.
The only time when price reverses quickly is the immediate next day after a big drop in price.

It should only be a one time event, succession of 3-5 days selling is plain old selling out.
Nobody will buy back their used car after they sold it 3 days earlier unless they are retarded.


The market is never done selling, until <b>everybody is DONE. </b>



Drive by tip from the coolweb.
Good luck.

 

[nampooya]

thanx from a learning newb,this site is full of lessons.Your analogy makes me feel foolish,but I've been known to miss the obvious.

 

[FaderTrader]

Yea - ur right. It's better to chase lol

 

[William Rennick]

Quote from coolweb:

Price takes 3-5-14 days to settle before ever jumping straight back up.
The only time when price reverses quickly is the immediate next day after a big drop in price.

It should only be a one time event, succession of 3-5 days selling is plain old selling out.
Nobody will buy back their used car after they sold it 3 days earlier unless they are retarded.


The market is never done selling, until <b>everybody is DONE. </b>



Drive by tip from the coolweb.
Good luck.

Good post.

 

[TrueRange]

todays lows are the bottom for the next three months (spx, compx,indu)...timely thread

 

[just21]

Why does it rally at 11:30 est when the european markets close?

 

[tamaharbor]

"Sell in May and Go Away"

 

[scalper21]

Quote from coolweb:

Price takes 3-5-14 days to settle before ever jumping straight back up.
The only time when price reverses quickly is the immediate next day after a big drop in price.

It should only be a one time event, succession of 3-5 days selling is plain old selling out.
Nobody will buy back their used car after they sold it 3 days earlier unless they are retarded.


The market is never done selling, until <b>everybody is DONE. </b>



Drive by tip from the coolweb.
Good luck.

good post