Not long but not wrong
By ryeone - Posted on April 8th, 2008
Tagged:
Well the Dia Daily is showing it wants some up action as the ATR or range action continues to contract. But their is some overhead resistance that may take time to get thru here if it wants higher. I have had no other signals to trade and I know that rallies in a bear can be very attractive for some to play. But I remain in the bear camp for now. The news is very neutral, not enough to push it thru the overhead, not enough to pull it back down. What to do? Nothing! Enjoy the spring weather or get some odd jobs done about the house. Sitting on my hands. I would like to sell the rallies and let it ride.Best to you and yours; ryeone
- ryeone's blog
- Login or register to post comments
Recent comments
4 days 2 hours ago
6 days 17 hours ago
13 weeks 3 days ago
15 weeks 13 hours ago
16 weeks 18 hours ago
16 weeks 20 hours ago
17 weeks 23 hours ago
17 weeks 3 days ago
17 weeks 4 days ago
17 weeks 6 days ago