Comments on: January 23, 2008 Stock Market Recap http://tradermike.net/2008/01/january_23_2008_stock_market_recap/ Stock market commentary & trading ideas. Stock market weblog (blog), swing trading, day trading, stock picks, technical analysis, stock charts, stocks. Tue, 07 Oct 2008 13:54:26 +0000 http://wordpress.org/?v=2.6.2 By: Michael http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9005 Michael Thu, 24 Jan 2008 16:05:31 +0000 http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9005 I don't know what the "official" rules are. The way I use it is that when I see T2108 under 20 I don't want to be short. So in a bear market I'd use it as a warning to either get out or to get really aggressive with my trailing stops on shorts. Whether one wants to use T2108 as a signal to get long is up to the individual and how that fits with their overall trading strategy. You might find this old post useful in deciding how to use it during a bear market -- http://tradermike.net/2006/06/a_look_at_t2108_during_our_great_bear_market/ I don’t know what the “official” rules are. The way I use it is that when I see T2108 under 20 I don’t want to be short. So in a bear market I’d use it as a warning to either get out or to get really aggressive with my trailing stops on shorts. Whether one wants to use T2108 as a signal to get long is up to the individual and how that fits with their overall trading strategy.

You might find this old post useful in deciding how to use it during a bear market — http://tradermike.net/2006/06/a_look_at_t2108_during_our_great_bear_market/

]]> By: docdan http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9004 docdan Thu, 24 Jan 2008 16:00:29 +0000 http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9004 What are the rules for using T2108 in a bear market? Different from bull market rules? What are the rules for using T2108 in a bear market? Different from bull market rules?

]]> By: Dr. Duru http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9003 Dr. Duru Thu, 24 Jan 2008 05:25:57 +0000 http://tradermike.net/2008/01/january_23_2008_stock_market_recap/#comment-9003 Why not also consider the March (and 2007) lows as potential resistance for the S&P and Nazz? Why not also consider the March (and 2007) lows as potential resistance for the S&P and Nazz?

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