hi wahz, by reviewing my charts i was able to determine why we had an up day yesterday despite my sell signal the previous day... still, i am watching for signs that the market is in a bullish mode unlike the past 3 years...like you say, in such a case holding longs is the thing to do generally... my system will not perform well on the short side when that happens and yesterday was a bit of a warning sign to me... that's why i like systems..i just follow my system and when it underperforms (historically speaking) i just adjust it... so, i really don't pay that much attention to the market per se since my system is a great filter telling me what kind of market we have..
do i sound reluctantly bullish here? blame my system! <ggg>
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