Remarkable... 3 days in a row of reversals after a breakout to new highs.... I think breakout buyers must feel like these critters.
It's been a change of character, since buying a breakout on the index has been one of the most no brainer trades for months on end. Certainly something we've been milking. Not working this week.
I guess back to the box we go for now, day 18. [Dec 2, 2009: Day 16 Stuck Inside the Box]
Friday, December 4, 2009
Breakout Buyers Get Whack a Mole'd Again; Back into the Box We Go
Posted by
Mark
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11:15 AM
Breakout Buyers Get Whack a Mole'd Again; Back into the Box We Go
2009-12-04T11:15:00-05:00
Mark
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Breakout Buyers Get Whack a Mole'd Again; Back into the Box We Go
2009-12-04T11:15:00-05:00
Mark
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