The long bumpy wait.
By ryeone - Posted on March 22nd, 2008
Nothing to do but wait! But lots of intra-day moves. The ATR is really up here. (As range expands in price action.) When I see agreement with-in the indies, then I can consider the set-up. Till then its just basic chop. Wide ranging chop, but chop all the same. Reading the blogs and media here. Things are more toned down from last week. Not predicting if its over, not not predicting if its over. Bland words like "We will do whatever it takes to keep the financial mkts stable." and stuff like that. So Im sitting on hands. Will sell the rallies and let it run.
best to you and yours
ryeone
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