Feb. 16 (Futuresmag) This is not an easy environment because I know many of you were just getting used to being short and then you had to turn around and deal with a change of direction. As I work with a lot of traders one of the biggest problems for people who play the short side is they don’t recognize the selling phase as being intense but short. Historically, it’s the bear that takes up about 35% of the time that a bull does. Why? Hope drifts along and dies hard. Fear drops like a rock.Saturday, February 20, 2010
Crude Oil Technical Analysis in the News
Fibonacci forecaster weekly review for Feb. 16
Feb. 16 (Futuresmag) This is not an easy environment because I know many of you were just getting used to being short and then you had to turn around and deal with a change of direction. As I work with a lot of traders one of the biggest problems for people who play the short side is they don’t recognize the selling phase as being intense but short. Historically, it’s the bear that takes up about 35% of the time that a bull does. Why? Hope drifts along and dies hard. Fear drops like a rock.
Feb. 16 (Futuresmag) This is not an easy environment because I know many of you were just getting used to being short and then you had to turn around and deal with a change of direction. As I work with a lot of traders one of the biggest problems for people who play the short side is they don’t recognize the selling phase as being intense but short. Historically, it’s the bear that takes up about 35% of the time that a bull does. Why? Hope drifts along and dies hard. Fear drops like a rock.