The Intelligent Trader; The Long and Short of It - April 27, 2008

The market over the past month has been on a tear. When our indicators went to OFFENSE a while back, I was deluged with emails asking me why I was not heeding the sage wisdom of the all-knowing talking heads. In my defense, all I can say is this: when the “Money Honey” and the rest of her friends tell me to do something, I will continue to ignore them and listen to the indicators. The reason is that the indicators have a better track record and they don’t have an agenda.

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RAC
The Intelligent Trader