If we go down from here Steve, it would confirm a theory I have that since the end of the bull, 'throwovers' are more prevelant, and it forces one to raise stops (a bit above clear reversal targets) for the easy money is there (for 'da boys') to take out stops, even though a move is reversing. You agree or any thoughts? In other words, now one has to have a 'shorting zone' vs. tight stop
It sucks too, because then you have to lose even more with a higher stop (when wrong)..
Da boys are always going to get there money, and nowadays they have to work for it (taking out stops, etc.). Late 90s were great, cause everyone so fat, these piddling games were not so much played (IMO). Everyone riding same rocket, etc. (that's not to say that those heavy short lame-o stocks didn't get intentionally crushed by insiders to the game too)
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