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

"Sell down to your sleeping point"

Tuesday, April 7, 2009

Genie in a bottle

Right, so I catch a genie in a bottle like that and Again... we are looking for that 5 minute retest. But when you have a nice winner, it's good to take half off, and wait to the retest. At the 5 min retest if it double bottoms you null out that half, but still have the half you won on. No stress if you go back to NULL.
And no worry if you keep moving up.. and you look for the place to re-engage.

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc