
I have a had a great couple days but today I came out with a great game plan and told you guys to buy the Trend-line but I reduced my bias after the bad Jobs report to neutral when it should have remained bullish-I still told you and illustrated where to get in on the buy Side on the trend line I drew and I published the chart with updates all day long.
I try to take as much info but sometimes other analysts can throw me off- I told you about the head and shoulders pattern and warned I thought it may break out-This guy had me cautious
Selling then reversing at the 69.97 area when I knew in my heart that I should be long.
Currently I am short one contract My portfolio is so heavy with material stocks I feel that I am almost hedged. A technician is not far from someone who reads ink blot tests always seeing what that they want and usually after the fact. I use technical analysis but economic data is higher in my pecking order. I gave a lot of help again I just should have kept the bias bullish
and never reduced my sell entry.
Overnight note NZD came out with lower growth shouls smack thye kiwi and push the greenback
and drop an email chrgr06@yahoo.com to schedule
