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Post# of 79026
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gloe

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gloe

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Re: Nocona post# 38927

Friday, 02/02/2007 12:56:22 PM

Friday, February 02, 2007 12:56:22 PM

Post# of 79026
Those RUT and NDX charts are good examples of the idea that it IS okay to short even with the price above the 34 ema, as long as the price is stretched far enough away from the 34. Then, even if the price wants to hold the 34 as support, you already have a good entry from farther above it and can just take a small profit if the 34 holds.

There never was a moment, and never will be, when we are without the power to alter our destiny. This second, we can turn the tables on Resistance. This second, we can sit down and do our work.

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