bears got ball and attacking but need break the green line below to seal the deal. wait.
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BullBear52x wrote:IYR new low
SRS new hi
intraday, XLF/FAS are next to follow. for those that cheer BAC be warned
IYR moving to possible support... or major break down
Nice charts. XLF is at support also, but the counter trend crew are sitting pretty right now. a gap down will be a home run a support will give the bears a stress free hedge entry.
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Last edited by BullBear52x on Wed Sep 19, 2012 3:54 pm, edited 2 times in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente wrote:does anyone have any hard stats on the average hold time for a swing trade, long or short ?
Hold it until it starts to fail, relative to something. My REMX has been outperforming IWM for the past 10 days and is continuing to outperform, so why swing out of it.
well, guess that's it for today. I don't read chart as bearish yet but bears do have some hopes in the very short-term. thank you guys, I'll see you tomorrow.
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