Re: MrJohnRoss' Account Talk
I mentioned previously, when this or a similar chart was posted, about it not having the most important metric--price. I seemed to be alone in my concerns. Bravo to you.
Originally Posted by
uscfanhawaii
So Monday did your crossover big time. What your chart does not show was what was the actual price of SPX when it made the weekly crossover. If I sell tuesday because the lines crossed Monday, I will be locking in almost 9% losses. I guess to avoid a 30+% loss(?). And looking at Oct '11, you did not mark that a 'sell' even tho the lines crossed. And if you did sell then, it looks like you would have lost overall by locking in that loss. We are there. What do you suggest? Of course, you were already out of the market before this crossover, but if you had stayed in like me and lots of others, would you still recommend selling at these low (but maybe not bottom) prices?
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
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