My Blog List
Thursday, May 1, 2008
Head and Shoulders... Hope not.
This weekly chart scared the shit out of me when I first look at it. Then I scrutinized it and found the Head volume was higher than it should be to fit the pattern of H&S. I can only hope I am right, because I have taken my long position in unit trust. Meanwhile, tomorrow KLCI will need to close strong for a good weekly chart.
Subscribe to:
Post Comments (Atom)
Words borrowed from Dr. Alexander Elder:
Trading is so exciting that it often makes amateurs feel high ...Nobody can get high and make money at the same time.
No comments:
Post a Comment