AI
Wednesday, April 30, 2003 9:37:57 AM
Morning Steve,
Yes, if we keep getting a lot of noise here at the highs then that could be a signal the markets do not want to move higher. Definitely a good thing to take any profits when they are there as the markets have been seeing some short term volatility. If the next trend that develops becomes a little clearer then it might be best to hold some of the trades longer term. Looks as though we are getting a little bit of a pullback here but still above the 100/320SMA. Will we have a move today similar to the FTSE? Will just have to watch and see what happens Eh?
Good Trading Steve! :^)
Yes, if we keep getting a lot of noise here at the highs then that could be a signal the markets do not want to move higher. Definitely a good thing to take any profits when they are there as the markets have been seeing some short term volatility. If the next trend that develops becomes a little clearer then it might be best to hold some of the trades longer term. Looks as though we are getting a little bit of a pullback here but still above the 100/320SMA. Will we have a move today similar to the FTSE? Will just have to watch and see what happens Eh?
Good Trading Steve! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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