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Post# of 25966
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AnderL

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AnderL

Re: FinancialAdvisor post# 10523

Thursday, 08/18/2005 9:14:43 AM

Thursday, August 18, 2005 9:14:43 AM

Post# of 25966
Hit my 1200 target though, lol.

Read about it here #msg-7197701

You do realize that that was the 200 Day MA? Trading much like the USD Index did back at the beginning of the year. Let's see what is does between 1140 and 1100. FWIW - these declines are not that catastrophic when you realize that program trading is not the norm over in the ShangHai like it is here. You also have to account for higher volatility at periods of large consolidation and reversal.


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