woeful tuesday, page-128

Mongombolo...Volt my way of thinking about the news is not so much the news itself but people's reaction to it...this may seem simplistic but isn't the market just people buying and selling,,,,humans making decisions.....


As for making bad decisons regarding trades I have made a few of those lately..that's the hardest part when you're in a correction..judging whether it's over or has turned into something bigger.....

You can sit around for sometime waiting for a clear sign the trend has changed but by that time the move is well underway....

My way of dealing with it is to enter with a small position....something I can live with if it goes against me or gives me a slight advantage if my call was correct....

I think Robbb's earlier post hhit the nail on the head...had some great advice......

Well things can only go down for so long then they go up again:-)