Don't Get Whipsawed
The safest trades to look for are those that you can trade confidently and with lower risk. This past weekend, as I have done many times before, I warned subscribers:
If anyone is considering shorting this drop, even if we drop below the cited support levels, I want to warn you that the move down, if a purple wave 5, would not be very pretty, in the same manner in which the prior waves down had not been. Therefore, the wave 5 would subdivide into a 3 wave event, and such wave structures are not easily tradable....956 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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