Comments on: A Natural Correction or Top? http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: DrFox http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/comment-page-1/#comment-8838 DrFox Mon, 11 Jun 2007 14:08:24 +0000 http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/#comment-8838 Hi Chris, Now it is my turn to pay a tribute. :-) I couldn't agree with you more. Trends will not change is a sudden, but ratter in slow pace. Here in Brazil we call these freaking trades "sardine" and we say they always end up fried up in hot oil by changing their minds every minute based on the last news. Just one thing a lot of people seen to forget is to always have some cash ready on the sidelines in order to really take advantage of the oportunities given by the corrections. It require some boldness to buy them, but it has paid it for on the last ocurrences. []'s DrFox Hi Chris,

Now it is my turn to pay a tribute. :-)

I couldn’t agree with you more. Trends will not change is a sudden, but ratter in slow pace.

Here in Brazil we call these freaking trades “sardine” and we say they always end up fried up in hot oil by changing their minds every minute based on the last news.

Just one thing a lot of people seen to forget is to always have some cash ready on the sidelines in order to really take advantage of the oportunities given by the corrections.

It require some boldness to buy them, but it has paid it for on the last ocurrences.

[]‘s

DrFox

]]> By: Declan Fallon http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/comment-page-1/#comment-8734 Declan Fallon Sun, 10 Jun 2007 09:51:04 +0000 http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/#comment-8734 Nice summary Chris. The 25% rule is a good 'un - couldn't be simpler. Best wishes, DJF Nice summary Chris. The 25% rule is a good ‘un – couldn’t be simpler.

Best wishes,

DJF

]]> By: KevinPickell http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/comment-page-1/#comment-8703 KevinPickell Sun, 10 Jun 2007 03:22:18 +0000 http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/#comment-8703 That daily chart on the dow shows THREE BLACK CROWS candlestick pattern. That would suggest strong resistance above the first candle of the three crow pattern. So markets may rally back up there, but be aware that there is signifigant resistance there and overall the pattern is short term bearish. I wouldn't be surprised to see the Dow put in a correction. That daily chart on the dow shows THREE BLACK CROWS candlestick pattern. That would suggest strong resistance above the first candle of the three crow pattern. So markets may rally back up there, but be aware that there is signifigant resistance there and overall the pattern is short term bearish. I wouldn’t be surprised to see the Dow put in a correction.

]]> By: Raj http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/comment-page-1/#comment-8665 Raj Sat, 09 Jun 2007 17:47:20 +0000 http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/#comment-8665 Do you think it would be a good idea to now buy ETFs that short stocks? Do you think it would be a good idea to now buy ETFs that short stocks?

]]> By: IM http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/comment-page-1/#comment-8602 IM Fri, 08 Jun 2007 23:57:24 +0000 http://www.chrisperruna.com/2007/06/08/a-natural-correction-or-top/#comment-8602 Very strong upside move today. A little too strong. I'd have liked to see some capitulation before going long. Monday will be interesting. Very strong upside move today. A little too strong. I’d have liked to see some capitulation before going long. Monday will be interesting.

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