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Old 12-05-2006, 12:45 PM
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Re: Retracement Methodologies

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Money is made slowly in an uptrend while quick money is made in a downtrend. Be patient with your trades in an uptrend. As long as prices continue to make a higher high, your longs should still look good. Warning signal exists when volume dries up or the flow of the tape gets caught in traffic.

you know, you're right....it's weird though, who'd have thought prices seem to be affected by gravity as well? You'd think they'd go up as quickly as down...but you are definitely right on that note.

Patience is KEY in an uptrend.

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