- Chart montage of Risk Off Core Book.
- Direction is clear. Looking at these charts give me comfort that all the chop currently going on is just noise. When the chop is done, the trends will re-assert themselves.
- Expecting at least one more big down wave. My governing chart is SP500. Triangle objective downside objective around 993. But I will not be selling breaks anymore. Got enough on board now. Next wave is for profit taking and risk reduction, not for adding on.
- Easiest thing in the world to keep adding when profitable and then get caught on the snap-back.
30 September 2011
Core Book : Waiting Mode
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