Bears, keep your powder dry, don't pull the trigger on too many short positions until price action ducks back below these lines...The December 28th, double nodes took 13 trading days to resolve into a top on 1/15/10, the 3/11/10 nodes could take almost as long, so patience is required...
3 comments:
Hi Mark,
I just started to scale in my shorts.
Cheers,
Hopper,
Have not seen you around in a very long time.
Mark,
I also started to scale in -- small amount short.
Dollar has a bid tonight
thanks for everything Mark
old john
Hi Hopper and John,
Good to hear from you both...
Regards,
Mark L.
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