Prophet
Bears with tight stops should have been out of the market for the past couple of days. There were no sensible entry points in my view. With this massive volatility, I think wide stops are a recipe for disaster. You go big with tight stops and find out very quickly whether you are right, or you sit on the sidelines altogether. If you are right you ride the bear for all your worth and if you are wrong you takes your medicine and live to fight another day.
Regards
- HBG
Trade the market you see - not the market you hope for!
another subprime victim, page-102
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Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |