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positiontrader

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positiontrader

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Re: was Steve post# 10778

Friday, 04/23/2004 6:11:49 PM

Friday, April 23, 2004 6:11:49 PM

Post# of 37180
Steve,

If it is minimally down after a major white candle I would just say it is a consolidation day.If it is a major red candle I would call it a possible reversal day.

I went back to green YTD by 1%,not much to write home about.Up 6.57% MTD and hoping to have my first 10% month in 7 months if we have a good week next week.I now think the next countertrend day will be Wed.and we will be out of the upper band at that point.

Regards

Marc

Take calculated risks

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