sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Tuesday, January 24, 2012

I read an article that said the market has been going down because of Europe's debt problems.  So i check the chart for SP500 to see how bad.  Im expecting to see a big down bar and potentially a stop out since i "entered" a long trade about a week ago.  From what i see on the chart, i wouldnt even consider price to have "gone down".  The chart looks great and i would describe it as - price has steadily risen since i went long.  Financial news is terrible.  You would have to be emotional and gullible to believe any of it.  Keep going up S and P.

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