Short Term Trading Week Starting: 17 Dec, page-114

@48&3  In reponse to your question above  -  I don't know about the market in general. I am of the opinion that most of my shares are oversold , and have been in an accumulation phase , and are being prepared for a run (follow the big guys, if they are in, they will take the sp up. ) My portfolio has been rising and falling to the same portfolio dollar value for the last 6 weeks give or take.  The formula I am working on is to pick a trend change, (and not the recoveries in a downtrend, as they can end up being traps.) You have to believe in the formula you have.  And until you are proven wrong , you back yourself.  Otherwise you get shaken out of your position.  Anyway,  even being wrong is useful, as long as you put the time into working out where you are going wrong .