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Re: daddybignose post# 15514

Saturday, 04/12/2008 4:58:23 PM

Saturday, April 12, 2008 4:58:23 PM

Post# of 192568
It is impossible to determine exactly how long the consoldation period will last. If you are right I will add to my position in that area, but if you are wrong I am already loaded, and ready for departure. I will say that friday's hammer candle would be enough for me to take a first buy position, and wait untill movement begins before adding to it, if I were looking for an entry level. That way you assure yourself of not being left behind.