Everything is impermanent

This is just a diary of my market views and not recommendation to buy or sell anything I mention here.

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Wednesday, April 13, 2011

RUA touching lower TL in the channel

NDX, /NQ, /ES touched similar lower TLs

but

I will go long only after getting similar confirmation from SPX, $DJI, COMP and RUT

Posted by Deej at 6:29 PM

Labels: RUA

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“I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion.”

- Jesse Livermore

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