For the same of completeness, here is how the cyclic picture looks like now. 80 week low is ahead of us sometime. I think maybe b/w now and first few days of Jan. This is my best guess for now. I am however not trading it positionally. Just hit and run.
When we have bigger bearish cycles like this one, its normal for them to extend and that is what is happening right now. Thats why trading rules are needed - to keep us out of trouble. Run your trading like a business instead of blaming your tools and everybody else except yourself :)
Ok. Thats it from me for a while..Holidays, Christmas, New year all coming up..Gonna take it easy for a while.
Have a great Christmas and New Year..Everybody.
Best,
Lee
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9 comments:
Merry Christmas and a prosperous new year Lee!
Thanks buddy..!
I appreciate your wishes...just for the simple reason that generally what I get here in comments are catcalls and challenges and criticisms..So anything else is always a welcome change...Its been too much of a hassle..!
Thank you..and wish you also a very very prosperous new year and a merry xmas.
Best,
Lee
Wishing u a very happy Christmas and
HAPPY NEW YEAR
Have a nice time
VMD
Lee,
Wishing you a Merry Christmas and a very happy new year! Have a good vacation.
Cheers,
Chandra
Dear Lee,
Wish U & UR family a Merry Christmas and N'joyable week end.
Hi Lee
Merry Christmas & Happy New Year!
regards.
rm
Dear Lee,
Wishing you A Merry Christmas and advance New Year Wishes. May Confused Bull turn in to Big Bull in New Year.
Thanks & Regards,
Ravi
Dear Lee!
Merry Christmas & Happy new year to u & ur family too, God bless.
Rgrds,
Kumar
Hi Lee,
Update your views yar
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