tag:blogger.com,1999:blog-253123551511703819.post7646305437281508197..comments2023-06-21T12:09:29.290-04:00Comments on The Night Owl Trader: The Week AheadMichelehttp://www.blogger.com/profile/11446439300213187649noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-253123551511703819.post-34337774376370486042010-05-08T21:07:29.826-04:002010-05-08T21:07:29.826-04:00Thanks. One of the nice things about swing tradin...Thanks. One of the nice things about swing trading is that you don't have to have a heart attack over every crazy gyration in the market.<br /><br />It's not so much that I'm bullish as that I'm contrarian. And right now, everyone seems to be in Chicken Little mode. I don't believe he situation right now is any worse than in was in late 2008 or early 2009, and we all saw how that turned out.<br /><br />Even so, the charts do not yet show an all-clear. We'll have to have a bit more patience and wait for a bullish candlestick to show up before buying. The nice thing is that we've fallen so far so fast that we won't be leaving much on the table by waiting.Michelehttps://www.blogger.com/profile/11446439300213187649noreply@blogger.comtag:blogger.com,1999:blog-253123551511703819.post-15791329086657535302010-05-08T20:41:03.490-04:002010-05-08T20:41:03.490-04:00I tried to go long a small position on Friday too....I tried to go long a small position on Friday too. But it got stopped out at breakeven. So I am planning to try again next week.<br /><br />You have very good patient and discipline. I have much to learn from you. It's been great reading about your bull-side perspective through Thursday's mess.Paul@Quantisanhttps://www.blogger.com/profile/06918300419332818703noreply@blogger.com