Which we have.. note the sell stop prices on the levered, Bearish, ETF's to the right.
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Bill
Wednesday, May 18, 2011
Here we are......U pays your money, U takes your chances
Here is the 11 year history of the Bernaks' favorite measure of success. It is the Russell 2000, and below is the record of its performance for the past 11 years. The "Power of the Pattern" resolves 2/3 of the time to the downs side. But if it breaks out to the high side, it would be important to have very tight stops.
Which we have.. note the sell stop prices on the levered, Bearish, ETF's to the right.
Best To Your Trading!
Bill
Which we have.. note the sell stop prices on the levered, Bearish, ETF's to the right.
Bill
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That's another tool supporting a topping process.
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ReplyDeleteUnfortunately, it a tool beyond my comprehension!
ReplyDeleteBill
Rising wedges inevitably collapse, the same way all parabolic rises do. Except that parabolics collapse in more spectacular fashion.
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