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‘Where are you now?’ are the title words to a Britney Spears song. But she has no copyright to those words as it is a question I have often asked – mainly of myself.
After a very strong rally out from the 5.27 low on February 12 2004 to the most recent 19.73 high on February 3 2006, Sugar (SB-SpotV) has since retreated to an area of support in June 2006.
I wish I had a dollar for every time I have had someone come up to me and argue about Elliott Wave counts. In fact, I think if I was to ask for a dollar each time, I might just be able to rely on that as my sole income!
There are many technical trading systems designed around the idea of trading markets out of retracements against the predominant trend.
When placing your buys or sells, it is amazing the advantage you can gain by avoiding paying full tote.
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