Saluting the flag in the Dow.

Posted on Jan 29, 2010 by in Letters

Nailing chart patterns as they develop is akin to sawing naked ladies in half without drawing blood.  The market will always have the last word (you may remember the supposed head and shoulders which developed in the Dow from May to July, which everybody and his dog identified) and if the identification sucks you into a bad trade the last word will be "Gotcha!!"

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