uempel wrote:Jarbo, as to these alerts: I got a CS alert this morning to stay long this week
credit suisse? those tech guys over there who showed a "weakening" up trend and potential rollover was imminent? is that a sell signal then?
Not if "they" are selling you the stock. Always look to see who is selling you the stock. Also, if they have piles, don't buy any.
Come on jimme, this ain't for beginners. I've been following Rolf Bertschi for about 15 years. His system is quite good on the long run, quite tricky short term. Relies on momentum and trending. Sometimes very accurate, sometimes awful. Very successfull in the run up from 1995 to 2000 (as was Yamada).
This isn't trending. We are in a range between 1380 and 1300. Carry on. GLTA jimme
lunch time, will be back, the bias is still up, at least the today's high will be revisited.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
it could be a hopeless bear flag. We are in the midst of a climax run and I don't think shorting here will be wise for a swing trade.
could, but I trust my indicators downmove soon...risk/reward setup here is quite good
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
ChiOsc is too high now, not sure how the market handle this...
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