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Red
Posts
Whipsaw Galore…
Wow! Was that a wild day or what? I'm glad I wasn't day trading, as that must have slapped a lot of people silly. But,...
Stuck in the middle…
I'm not comfortable going long here, or short... yet. We are stuck in the middle between solid support at 998-1000, and huge resistance at 1100-1108. ...
What I wild ride today was…
Today looked like a roller coaster ride! Up, down, back up, then down. That's what you call a major "Whiplash". It looks like we might be...
Weekend Update…
OK... so what's the plan for next week? Well, I was off on my Thursday forecast, as I expected a flat day on Friday and...
Just a little more…
Wow... when I said I expected a bounce, I didn't think it would all happen in one day! That was a pretty big move, but...
Time to Bounce…
I'm expecting a bounce now for a few days... maybe into Monday? We hit the target of 1040-1050 area as I expected. Since there is...
Almost ready for a bounce…
Today was a flat consolidation day as expected. I'm still looking for the 1040-1050 area to be hit before any decent bounce back up. That...
That’s What I Call a Good “Bitch Slap”…
Well, it looks like the bulls finally got "bitch slapped"... It's about time! Over 242 millions shares traded on the spy today... and that means...
Weekend Update…
That sure was a nice start... Let's hope that it continues, (unless you're a bull of course). Just an update... I sold my short positions...
Let’s flip a coin…
Tomorrow is a tough call to make. On one hand, the market did retrace back up as I expected... but it did it on horrible...
