ajtj99's Market Pulse

[Initq]

CROX Thinking out loud.

Sorry to hear about the knees that was some jump, for me it’s lower back. Those every increasing insults of ageing, You know the future can’t be getting better once you are compelled to bring chocolates and flowers to your General Practitioner on your annual exams.

CROX Fundamentals for me here gives me a sense of the depth of the institutional holders. And that there exists enough positives to mitigate an emotional trading response from me. Even with Knock off they brought in over 800 million. I am not trying to lay down a case for long term buy and hold.

I agree being long here is not wise. I’m here, my plan was not to day trade but swing position trade with a month-two horizon.
Even with that said being here long may not be wise I hate low volume action in wipe saw markets.

Bulkowski points out that returns on HS breaks return less if the neckline angle is oriented in the direction of the break, also less if the direction of the stock trend . Percentage returns on a neckline break down is listed as 55% of the Head to Neckline , measurement in bull markets. ( Thanks again for bringing him to my attention) I bookmarked this page of his excellent site.

http://thepatternsite.com/measure.html

I presented hopefully game plan to minimize my loss in this market.(If anyone can add techniques that have helped them TIA)

I hope PPT jam job the Dow Theory Buy Signal and my over all position cover any laggards losers. CROX I like the set up not my position in it, Thank you for bringing it to my attention. I just don’t think a sell AT the open is called for in this instance. Within 15 min we will see.