This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Monday, 24 September 2012
a nice example of Jeff Cooper's 7 day reversal rule ?
I now have all but the NIKK, HSI, BSE, DAX, IBEX and SMI on *confirmed* daily momemtum sells.
Got to watch Asia tonight, and if they hold up, then the European cycle to see if the rally attempts began today find traction (they looked like classic sell opportunities to me, and we'll see soon enough if that is correct or not). If we start getting breakdowns in the last 25% of indices that I still don't have on sells, then the next thing I'll be watching is to see if the BOSO strategy works on the DJT. ;-)
Sweet.
ReplyDeleteI now have all but the NIKK, HSI, BSE, DAX, IBEX and SMI on *confirmed* daily momemtum sells.
Got to watch Asia tonight, and if they hold up, then the European cycle to see if the rally attempts began today find traction (they looked like classic sell opportunities to me, and we'll see soon enough if that is correct or not). If we start getting breakdowns in the last 25% of indices that I still don't have on sells, then the next thing I'll be watching is to see if the BOSO strategy works on the DJT. ;-)