Wednesday, October 15, 2008

Fractal

I told my friends look at market again in Nov. For now, dont bother.


Based on symmetry of followthru in small triangle, the large triangle breakdown may bottom in Mar-Jun 2009. However, let market do whatever it wants. When time is ripe signs will appear. As traders we dont trade on our assumptions. We trade on facts and probabilities.

Updated May:
Market really rallied fabulously since late mar. There's value in discretional analysis, question is how to combine it with systematic analysis to derive a evolutionary fit model for trading survival?