3min chapter

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202: “Buying pullbacks, avoiding bear markets” – Larry Tentarelli

Better System Trader

CHAPTER

What Are You Saying That's Stopping You From Buying a Pullback?

This, this first breakdown, this big red bar, very cautionary. The fact that s and p ran up into the 20 day moving average and failed. So so all this tells me is to be more cautious. I don't predict. And i've been in markets long enough to know that just when the market looks like the bottom is going to come out of it, it can reverse higher right away.

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