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positiontrader

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positiontrader

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Re: was Steve post# 12882

Monday, 06/07/2004 1:45:27 PM

Monday, June 07, 2004 1:45:27 PM

Post# of 37180
Steve,

IMHO,an astute trader needs to be aware that we are now in the trending mode which requires a mind set change from the non trending mode.My concern would be if unable to change gears the short position could get trampled by the bull.

I still plan on shorting in an uptrend but for me we will have to be out of the upper band on the daily and overbought 2 days on the hourly before I would short.

Regards

Marc

Take calculated risks

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