[Attachment(s) from Ralph Architzel included below]
The indicator I use (which backtested sort of neutral versus buy and hold C fund) is above its sell threshold. I plan to exit when it turns down, which of course means you will have some loss days before selling.
At least that way I won't catch the inverse of a falling knife, whatever that is called (rising rocket?)
At least that way I won't catch the inverse of a falling knife, whatever that is called (rising rocket?)
On Wed, Feb 17, 2016 at 11:19 AM, timedtrade@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
They are related....The only rationale reason to stay in S at noon today is that you believe there is a decent chance that S will continue to rise through the resistance levels around 925. Otherwise, you are holding out for <2% more gains that may or may not be able to be locked in given our trading restrictions....I am holding for now as I think there is no sure bet that we will hold at 925....What do others think? Remember, you have to be concerned not only about how far below the floor could be if direction changes, but about what happens if you jump and the elevator just keeps rising....
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Attachment(s) from Ralph Architzel | View attachments on the web
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Posted by: Ralph Architzel <rarch71@gmail.com>
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