http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864 While the world waits breathlessly for the inevitable "correction" it's worth figuring out where stops should be prudently set. We think the likelihood of a seriously painful downwave are…
This letter was posted on the edwards-magee googlegroup. Is reposted here in the event that all readers do not subscribe (which they should http://www.groups.google.com/group/edwards-magee) The best place to ask a…
And of course the Dow chart and stops are the touchstone for all indices. And also for individual stocks. Thus, if the the Dow stop is hit you should be…
The most destructive habit -- or decision, or characteristic or event or test of character-- in the markets is to contemplate a stop long set, and to reconsider it. Actually…
No Per Petterson we, nor no Luce neither. But today traders are robbing us of some of our paper profits in C and BAC. When the barbarians are coming over…
