i am infamous!! who knew?? hahaaa i like to call it my “richie renaissance” moment – and yes kihei you called it correctly – was impatience. i am on board with you and your take on the direction of the market.
Stuck and Smart….hmmmm…your version of stuck is about to make you look Smart. As I said before about a week and half ago trading too much will lose you money because you get caught in these unusual jumps.Hang in there Red, if feel like Deja vue with a call to the infamous “Richie Rant”. Patience
looks like we may go down tomorrow one last time when the VIX hits 22 or 21… but i believe the weekly trend will be turning up by mid week next week. Again, till June 5th. wait for confirmation though! hehe
LOL kihei,
i am infamous!! who knew?? hahaaa i like to call it my “richie renaissance” moment – and yes kihei you called it correctly – was impatience. i am on board with you and your take on the direction of the market.
….and i am still short!!!…..
high radition hitting CALI RIGHT NOW. When this info goes public charts won’t matter! stay short
SPY just kinda drifting around today.
http://oi55.tinypic.com/2m4as1g.jpg
Stuck and Smart….hmmmm…your version of stuck is about to make you look Smart. As I said before about a week and half ago trading too much will lose you money because you get caught in these unusual jumps.Hang in there Red, if feel like Deja vue with a call to the infamous “Richie Rant”. Patience
SPY 5 Minutes chart: http://niftychartsandpatterns.blogspot.com/2011/03/spy-5-minutes-chart.html
LOL… don’t worry about that. I’m stuck short! So, it either rallies up and my shorts get ate by the bull, or I eat the bull… I prefer the later.
STAY SHORT
Do you think that it might be an inside day for the VIX??
Well, you know I have a FP of 138.86 on the SPY… so that’s probably the final high for this P2 rally.
looks like we may go down tomorrow one last time when the VIX hits 22 or 21… but i believe the weekly trend will be turning up by mid week next week. Again, till June 5th. wait for confirmation though! hehe