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Thread: Neutral Day, Bullish Confirmations – December 8, 2011

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  1. #1
    I was so proud of myself for dipping a toe in at 3:10... and then along came 3:39....

    It looks like lot of buyers came in at 3:59, didn't they?

  2. #2
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    Quote Originally Posted by ilonaross View Post
    I was so proud of myself for dipping a toe in at 3:10... and then along came 3:39....

    It looks like lot of buyers came in at 3:59, didn't they?
    Ilona, in all likelyhood, only day-traders covering their shorts.

    There’s no shame in buying a good reward-risk setup, especially when the ETF has dropped exactly one ATR which is a “normal” volatility retracement.
    Billy

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