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madmac
Occasional Contributor
I can't remember when last everything was green.
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13 REPLIES 13
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Super Contributor
Happens. Echo of St Patrick's day.
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Valued Contributor
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Super Contributor
Simon,what's the consensus on guru street;is this just a bear market rally?If so how long do you think it will continue?
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Valued Contributor
consensus is just that bubble vision is so happy to see lots of green, that they have no idea why nor do they care .. 23,000 on the topi me thinks ..
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Super Contributor
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Super Contributor
Simon, in terms of your lazy trading system would you have been stopped out by now based on last weeks movements? I see the 60 EMA is still > 30 EMA so would that stop you from being long as a rule? Looks like TOPI is close to (or maybe has already on Fri?) closing above the 15 EMA. Thanks man.
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Valued Contributor
yip, am out and primary trend still down .. so not long ..
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Super Contributor
Simon,if you think the topi is going to 23000 why not go long?That's a lot of upside.
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Not applicable
This might still be a b-wave up, so keep your stops tighter than the rest of the herd.
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Valued Contributor
because I never let my thinking get in the way of my trading ..
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Frequent Contributor
...and that, boys and girls, is the reason is why uncle Simon doesn't really have to work for a big bank.
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Super Contributor
I agree with Simon some upside on this bounce to be had....but have those stops in there ..
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Super Contributor
So Simon, If today is your confirmation - when do you enter. Do you wait for a pullback? what's your plan.
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