stops

Technical threads getting a bit long and deviating into FA speculation...

Food for thought when you get a mo.

heres a view after a fabulous run and retrace..(Nasdaq down 2.82% doesn't help.).
There are two backtested stoploss calcs on the chart for medium term trades. the figures are on the top of the chart heading....The yellow MA is a 7 period exponential it was broken for the first time today at 24..Thats not good but given the low volume momentum of the drop its OK...if being flexible with stop calcs...(read the above link)
Oh The elephant taking a bath is a mirage...cheers
24's on the Buy again..fingers crossed