Last day of Feb, Dow ending with hitting its 13 yrs low. looking at Dow, we have had 6 consecutive down months. During the Great Depression, do you know how many times there were 6 consecutive down months? ZERO. How about 5 consecutive down months during the G.D? ZERO. There were 4 consecutive down months twice, and 3 a few times. But Never 5+ consecutive down months. And here, we just completed 6 down months in a row, and honestly, I would surprised if March finished in the green, this would put us at 7 months in a row of Black Bars! Worse than the G.D??? Food for thought.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Sunday, March 1, 2009
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