The only safe way to play this is to layer in. At the very end of the last wave up before the melt down. The market will surprise many by its shocking moves to release the bears from its position.That is why I said a week ago, that many bulls and BEARS will miss this move downward.
That is why I will not generally use options. By layering in as the market goes upward, you do not have to deal with being correct at a given point on the charts. I personally use ETFS x2 at the moment. On Annas board, I saw one comment where he threw in the towel. He was fed up and will not touch this SH_T again using options. This is a good indicator as you know, that we must be getting close to a top.
Red I will personally e mail you when I receive more info.
Yes, now what? We hit my 1185-1187 (50% chance target) and then hit 1201 (33% chance) and up next is 1218-1220 (10% chance). Will it hit tomorrow on one last gap up? I wish I knew?
The only safe way to play this is to layer in. At the very end of the last wave up before the melt down. The market will surprise many by its shocking moves to release the bears from its position.That is why I said a week ago, that many bulls and BEARS will miss this move downward.
That is why I will not generally use options. By layering in as the market goes upward, you do not have to deal with being correct at a given point on the charts. I personally use ETFS x2 at the moment. On Annas board, I saw one comment where he threw in the towel. He was fed up and will not touch this SH_T again using options. This is a good indicator as you know, that we must be getting close to a top.
Red I will personally e mail you when I receive more info.
Yeah, but it sure cleaned out a lot of bears… which was why it happened.
Today was one of the biggest sucker rallys i have seen in a long time.The crooks and getting worse and worse
Yes, now what? We hit my 1185-1187 (50% chance target) and then hit 1201 (33% chance) and up next is 1218-1220 (10% chance). Will it hit tomorrow on one last gap up? I wish I knew?
Looking at other Blog boards, a lot of bears are running back to their caves.
Managed to get another 10% at 1192 Total 50 %
Me too, as I’m very lightly short as well.
I hope that was not the end of this move upwards. Only 40 % short Need to be 100% short
I believe the sp has a good chance of reaching 1220 shortly before Friday. That will clear out the bears.
I just hope I do not have to layer in at 1250 level. LOL