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Re: Alex G post# 48274

Friday, 11/22/2002 7:20:34 AM

Friday, November 22, 2002 7:20:34 AM

Post# of 704047
Morning alex

while you've selected 2 post out of hundreds..i can and often do change direction as the charts suggest..after all i trade the markets for a living...and teach others how to do it as well..

that day i was looking for a big break..it actually came as the SPX broke a triple bottom..however that day was an outside day reversal..i exited my puts and scalped and daytraded for 2 weeks or so being very cautious of that reversal...

i then went heavily long as posted on my thread on SI..each week i put it up 1 week behind my subscribers...

so as a P&F chartist we have to go with the flow and play caboose...

the entire market sentiment has changed...biases will kill you...

good luck

OJ

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