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Great day on the bonds, I must say. Out early with a pocket full of tin.
The market behaved in exemplary fashion and since it was as good a run down
as it was a run up yesterday, it was very much a Duke of Wellington couple
of days (you know, up the hill and down the hill!) even if they weren't
large range days...
As you can see from the chart (albeit with an hour to go), we have yet
another day of higher highs and higher lows, so the up trend continues, for
those who need to know. What fever or relief this will cause, I know
not...
Anyway...
Having alerted the list to the perils of trying to day trade with
indicators and listening to other people's opinions, I think it will only
be considered bad form for me to continue to labour the point. As one
correspondent stated, if the posts continue, they will prove their own
point and if the commentary is always hedging its bets, people will soon
see through it. If the posts stop it will be either out of embarrassment
or else because the fax list of subscribers gleaned from here is big enough
to have to stop.
We will soon know, one way or the other...
The point is that those who want lagging opinions have been warned and
those that don't want them any way, won't now get bored with it all.
Therefore, may I suggest that if anyone wants to have a discourse on the
best way of day trading the bonds, without using indicators or any other
extraneous cycles, oscillators and the like, they use the reply to author
rather than all button.
Bill Eykyn
www.dbceuro.com/bille.htm
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