MysteryTrader's Commentaries
May
17
2007
Time for a Pullback?
by MysteryTrader
Overall Rating:
Anybody who made that call has been wrong! So, why would anybody in his or her right mind do it? Because “No tree grows to the sky,” that’s why. The rally is losing steam and is overdue for a correction. Sure it is a risky call, but sometimes you just got to take a chance on change. I would not bet the farm on this feeling, however. Stay flexible and use actual stops.
Tags: currencies | vantagepoint | jobman
