Once in a while ..

Technicals just break down as panic selling takes hold. Given the importance of China it has been wise to use stops, even if that means some losing trades a along the way.

From here the market really can go anyway. There is strong evidence for a huge bounce but i am keeping the systems out for now.

The transition period between bull and bear, i mean real bear, can be tricky. That is most probably what we have experienced.

Leave a Reply

Your email address will not be published. Required fields are marked *