an other subjective metics... It's obvious this trend is weakening, and should correct... So now that that is obvious, we want a good entry.... So we set that trendline, and wait for it to coross it convincingly....
It's never paid me to "Chase" Thinking Oh!!!!! that is it, that is the Top Tick!!! What pays is to Wait, and look for a Great Entry...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, August 27, 2008
Regardless of wavecounts
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