I’m still short with a small position from yesterday, and I think tomorrow will sell off… but I’m having doubts on whether or not it will be wave 5 down. Either way, it should be a nice move down.
Well, that doesn’t mean that they can’t continue swing up and down with that new $400+ Billion until that runs out and then crash. It would make one big bear flag that could drop after the Legatus meeting ends this coming October 23rd? Surprise and mis-direction is the name of the game, and everyone is still expecting a crash before the end of this month… even me.
Don’t get me wrong, I still think we’re going to sell off hard tomorrow and into next week… but maybe it stays in this bear flag channel for another month, never taking out the 1101 low? That would frustrate the hell out of both the bulls and the bears!
Calibrator is bullish and NOT of the opinion there is any imminent fear of a crash. But I still cannot BEAR to go long. They have done a good job on making me fearful.
Been out of the loop for two days. Lots of meetings. Making moves, just in case this turns out to be a monster Bull market to trap all of us Bears. via the social media. But have no fear all of my trades are primarily short efforts. Still NOT in this market yet.
I’m looking for another small short entry for some selling into tomorrow, but it could simply be a one day trade into tomorrow. The charts are so over bought now that we should still sell off on Friday regardless of whether or not this is wave 5 down or just a move to down reset the charts before more buying. Either way, it should go down tomorrow.
Another 10% short Total 90& short. bought at 123.5
I’m still short with a small position from yesterday, and I think tomorrow will sell off… but I’m having doubts on whether or not it will be wave 5 down. Either way, it should be a nice move down.
As Red said. this is NOT going to be the big crash scenario. This is only for 1 or 2 days event here to the down side. No major crash!
Well, that doesn’t mean that they can’t continue swing up and down with that new $400+ Billion until that runs out and then crash. It would make one big bear flag that could drop after the Legatus meeting ends this coming October 23rd? Surprise and mis-direction is the name of the game, and everyone is still expecting a crash before the end of this month… even me.
Don’t get me wrong, I still think we’re going to sell off hard tomorrow and into next week… but maybe it stays in this bear flag channel for another month, never taking out the 1101 low? That would frustrate the hell out of both the bulls and the bears!
Hope it “bears” plenty of fruit.
Bought another 10% 1203 Total 80% short
Calibrator is bullish and NOT of the opinion there is any imminent fear of a crash. But I still cannot BEAR to go long. They have done a good job on making me fearful.
Thanks for the update WBS, and do email me sometime… lot’s of possibilities 🙂
Been out of the loop for two days. Lots of meetings. Making moves, just in case this turns out to be a monster Bull market to trap all of us Bears. via the social media. But have no fear all of my trades are primarily short efforts. Still NOT in this market yet.
I’m looking for another small short entry for some selling into tomorrow, but it could simply be a one day trade into tomorrow. The charts are so over bought now that we should still sell off on Friday regardless of whether or not this is wave 5 down or just a move to down reset the charts before more buying. Either way, it should go down tomorrow.