Replies to post #24018 on New Trading Systems - Think Tank

[MB3]

Sounds good to me.Have a nice weekend all.

[Swimmingly]

I see a mini inverted head-and-shoulders forming above support. More up coming.

[foxridge]

Glen, draw your line from the top of candle, rather than the wick highs on the top blue line

[euterpe1]

Hey G,

Nice ride on the short side. Starting initial long position at the close via RYDEX. $VIX in no man's land, but other indicators showing ST oversold.

[euterpe1]

Wary of May 12 action.

[euterpe1]

Go long and hang on. Don't listen to me though. I sold my QLD just at the open. Hourly way outside the BB. This is why I like 401K fund investing. I am less likely to whipsaw myself.

[euterpe1]

Is this the bottom of this move?

[euterpe1]

G, I will be selling half of all longs at the close today. Trend is still up, but the MACD with 2 straight days of vertical gets my attention.

Hope all is well...been really busy.

[euterpe1]

Nice breakout which is now looking like a head fake.