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Re: What turnaround in CL? / Hi Z
By:P
Date: Tuesday, 26 August 2008, 11:54 am

Many will try to chase these markets, and will not understand that the long term trend has changed. Speculators will trying to buy rallies, and will be surprised when they see that the markets will no longer have the ability to make new highs. Since I don't buy rallies and buy the bottom of the TR and sell near the top of a TR, I think my short term trade should be ok as the market rallies back to broken ice and builds the final redistribution TR before markdown.

Have a great day,

Peter

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