GREY:ENGFF - Post by User
Comment by
BRITNICK27on Jul 07, 2008 10:34pm
325 Views
Post# 15266348
RE: TA AND CHART FOR TUESDAY
RE: TA AND CHART FOR TUESDAYNo you have me wrong, I think they are a useful tool but not when an entire market turns. Range stocks follow the charts like sheep in "normal" markets.
The newspaper is as good as charts when a market turns, determining the consolidation point of this sector is the trick that or hold tight for the news, we are not that far off now.
Imagine dumping on a possible 10% retrace then getting a hit with the bit.
Not fun.