My system was built to catch these whipsaws, but these past few trades have definitely gone awry. I can't remember having 3 losing trades in a row, so the system is due to have a winner after these last 2 losers. I suppose this short signal is not over yet, though.
I'm going heavily short on the close. Best of luck to all. Take it easy!
Archiving November Trades...
I must say J, you've got b-lls, err fortitude! Can't do much in the face of markets driven by news (bear market).
ReplyDeleteIm in with you. Like I said earlier. She is going to come down hard once the smoke clears from this sad bailout by the global banks. MM's will catch many people with their pants down long while we collect greatly.
ReplyDeleteWe are at the same point as September 18th-19th 2008 when the FED stepped up and tried to save things with it's new buying policy and insuring deposit accounts to $250,000. What happened after that?? The plunge. What is really lurking out there. I got raped today but I have a very tough time going long.
ReplyDeleteDr. Evil's got it exactly right. TA counts for nothing lately. Europe is runing the show.
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