Replies to post #20081 on The TradingEdge

[blacktruck]

What I am saying is this.......as we traverse from wave to wave we get channel variations...

So in looking at the 30 the rise could be a breath taker.....or I could also have it all wrong...( this is also fairly crude as I just got back)

[ACCUMULATIONS]

M,
Going forward I'll never be net short the market again.
I'll always be at least 50% long via TNA,
and play the shorts as I know or " what is in my face ".
If I take the hedge off early and I'm wrong I can always
reestablish on the other side the 50% later at lower prices.
I'll be playing the bounces instead of sitting on dead money.
Everytime I think I have a crystal-ball I lose.

Not in much pain myself. Got rid of all my debt and starting small again.
The happy man wins in life not the rich one......;)


Bret