friends and trends

[eddy66]

I've finally become friends with the trend.I've given up my logic,my individuality and the fight not to be a conformist,as that is the only way to be a profitable trader.

[KVW]

Well done, it's the only wat to trade lets say it's the trendy way....LOL

[#3]

i was humbled today by ams so yes have to stop thinking and just go with the flow!pride is..... as explained to mr willis in pulp fiction

[#4]

just stay out for now eddy, dont go long, or short.. the market is heading for a super concrete wall days away.. stay out and buy at the lows

[eddy66]

I've been long for 4 days with a trailing stop of 1.5% and it hasn't triggered yet.I'm sticking to my exit strategy and at this point when it does trigger,I'll be well in the money.As forthe way down,I'm not getting on that train again.

[#6]

eddy, are you long AGL?

[SimonPB]

you got a date an time for this concrete wall ?? or just a vague "in a few days" ??

[eddy66]

yes moose.

[richardw]

That has to the be most bearish thing I've heard in a while ;)

[#10]

Trends always continue long after all logic supporting it has gone out the window. Thanx heavens for that.

[Ninja]

I have an upside target of R280 for agl before it runs into any resistance and then R300.....Sentiment seems very bulish and we could see the ALSI break through Fib 50% at 25 500 and the Dow has closed above Fib 1 retracement at 9397....Dow could now move up towards the 50% retracement above 10 000....long may this rally continue!