Tuesday, March 7, 2006

Bearish?

Although the market is on the weak side now, it is not time to rush into shorts. Our breakout failed, but it does not mean they will go down instead. Some amateurs think longs are not working, why not just go short? Things are not so easy as it seems. I think we are in a trendless market. If you go short too early, you will be stopped out earlier than you think.

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