Some times my mind, over rules my gut instincts. After I sold my shorts 10 minutes from the close, I got a clear gut feeling to go long. My rational mind was thinking it was to dangerous to go long near the close. I had to remind myself to trust my own calibrator and buy a half position long in the market. Than buy the other half in the morning.
Meaning what? Bullish or Bearish? I’ll be doing a video update tonight, but I see a “possible” gap down in the morning (depends on how bad the initial claims are?) but then a reversal all day long… closing positive with nice rally. “If” the intraday FP is correct, then we should at least go to 117.50 SPY… if not more?
I do like your assessment of the direction of the market for Tomorrow Only
Cool… I think you did the right thing. Even if it gaps down in the morning, I see it quickly reversing and squeezing the shorts all day long.
Some times my mind, over rules my gut instincts. After I sold my shorts 10 minutes from the close, I got a clear gut feeling to go long. My rational mind was thinking it was to dangerous to go long near the close. I had to remind myself to trust my own calibrator and buy a half position long in the market. Than buy the other half in the morning.
Meaning what? Bullish or Bearish? I’ll be doing a video update tonight, but I see a “possible” gap down in the morning (depends on how bad the initial claims are?) but then a reversal all day long… closing positive with nice rally. “If” the intraday FP is correct, then we should at least go to 117.50 SPY… if not more?
DR. copper is dropping like a rock. Futures low $ 3.06 from 3.51 high
I was second guessing my long position at the close. But I have to go with my own calibrator (gut) signal.
Just had a chance to read those links… Blonder! Very scary! I’m less then a mile from the ocean here in Florida, so I’ll be toast if that happens!
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/09/s-500-analysis-after-closing-bell_29.html
That is what it is saying, as hard as that is to believe. And YOURS is coming.
I bought a long position at the close.
Are you going long