Comments on: Trader Vic 1-2-3 Setup? http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/ Sat, 13 Mar 2010 03:09:49 -0800 http://wordpress.org/?v=2.8.2 hourly 1 By: Matt http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/comment-page-1/#comment-14331 Matt Sun, 30 Sep 2007 15:29:46 +0000 http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/#comment-14331 I like this one too. I don't like to short the market in an uptrend either. However, I am a bit skeptical of this rally. Take a look at the NH list and volume is pretty weak. AAPL, AMZN, RIMM, etc. I sold half my position in AAPL Thursday because it is looking tired. CHLB fell Friday after Chris' post on higher volume. I'm in Monday morning with both feet. Mental stop loss if it closes above $46.96 (200 DMA). I like this one too. I don’t like to short the market in an uptrend either. However, I am a bit skeptical of this rally. Take a look at the NH list and volume is pretty weak. AAPL, AMZN, RIMM, etc. I sold half my position in AAPL Thursday because it is looking tired. CHLB fell Friday after Chris’ post on higher volume. I’m in Monday morning with both feet. Mental stop loss if it closes above $46.96 (200 DMA).

]]> By: Link Love Friday | A Trade A Day http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/comment-page-1/#comment-14324 Link Love Friday | A Trade A Day Fri, 28 Sep 2007 12:02:34 +0000 http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/#comment-14324 [...] off is an article at chrisperruna.com. Chris has a nice 1-2-3 setup in CHLB a la Trader Vic. I’ve read Victor Sperandeo’s Methods of a Wallstreet Master. It’s [...] [...] off is an article at chrisperruna.com. Chris has a nice 1-2-3 setup in CHLB a la Trader Vic. I’ve read Victor Sperandeo’s Methods of a Wallstreet Master. It’s [...]

]]> By: Terry Zink http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/comment-page-1/#comment-14318 Terry Zink Fri, 28 Sep 2007 03:17:31 +0000 http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/#comment-14318 I agree with you that this is 1-2-3, but isn't the reversal to reclaim support on Sept 18 actually indicative of 2B? I agree with you that this is 1-2-3, but isn’t the reversal to reclaim support on Sept 18 actually indicative of 2B?

]]> By: Chris http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/comment-page-1/#comment-14317 Chris Fri, 28 Sep 2007 01:43:56 +0000 http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/#comment-14317 Jonathan, I hear ya! But a successful setup is a successful setup for a reason. The reward outweighs the risk when looking at the P&F chart. I must take the trade. No "what ifs" in this business. I can't be scared to take a loss. Jonathan,
I hear ya! But a successful setup is a successful setup for a reason. The reward outweighs the risk when looking at the P&F chart. I must take the trade. No “what ifs” in this business. I can’t be scared to take a loss.

]]> By: Jonathan http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/comment-page-1/#comment-14316 Jonathan Thu, 27 Sep 2007 23:50:52 +0000 http://www.chrisperruna.com/2007/09/27/trader-vic-1-2-3-setup/#comment-14316 Just say no to shorts in an uptrend! Chris don't do it :) Other than general market direction, it looks like a nice setup to me. Just say no to shorts in an uptrend! Chris don’t do it :)

Other than general market direction, it looks like a nice setup to me.

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