Unique swing trading signals and stock market commentary.
Tuesday, January 24, 2012
Hold confirmed.
Things were looking good this morning, but the bulls dashed our hopes yet again. I'm not sure what it will take to make this market correct. Perhaps FOMC tomorrow??
I was wondering what would happen if this trade went against us, i.e., the market just kept going up. As I understand it, the stoploss you've instituted needs for the market health indicator to flip over; however, since it's already healthy, it can't do that. So, do I assume that in situations such as the one we're in the system has no stoploss?
I was wondering what would happen if this trade went against us, i.e., the market just kept going up. As I understand it, the stoploss you've instituted needs for the market health indicator to flip over; however, since it's already healthy, it can't do that. So, do I assume that in situations such as the one we're in the system has no stoploss?
ReplyDeleteJ, Tried to download your 2011 signals (last post of 2011) and it doesn't seem to be connecting to the file. Can you repost a link?
ReplyDeleteThoughts for today? Buy Strength?
ReplyDeleteOUCH!! FED NEWS was liked by the market.
ReplyDeleteThat's why I'm curious about a stoploss when the system is short but the market is "healthy."
ReplyDeleteOh, THE PAIN
ReplyDeleteYes this sucks.
Delete