actio-et-reactio
Balance is but a brief transition between extremes.
My Pages
Trading Friends
News & Reference
Credits
Content: amg
Basis: glish & bluerobot
Powered by blogger
Web Host: lunarpages
Search
Archives
Thursday, February 14, 2002
How many rounds in this match anyway?
Whatever the "reason" thrown at it, bears are not winning this round. Swilling around in shorter time frames is known to be riskier, ie, more subject to volatility, and OE weeks amplify that effect. The AB=CD pattern has not panned precisely and as the updated 60m Andrews indicates, a breach of that Median Line suggests continuing strength.
PS - this is not a trading diary, but a forum for my ideas that I open to others. I may or may not take positions based on these observations. More importantly, my actions are tailored to my temperment and trading plan and discipline. Please, always do your own work, regardless of where you find an idea that sparks your interest.
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
recent comments
