I analyzed what would have happened that -160 Friday, and buying that dip would have resulted in a smalll loss, that would’ve been recouped on Monday. Hell, they could change the program tomorrow and screw everybody, but the haircut would be no bigger than any other haircut I’ve taken unsuccessfully shorting!
Yeah, I don’t see what would really tank this market except cutting off the ca$h……eur/usd down 1.30 EOD and the market was flat? I mean, if you BTFD and the momentum changes, so what? Just take your small haircut and change strategery again.
Whatever hit I’m going to take on longs, I could have more than made that money going long this week.
Hi ACP, I’m going back to buying all the dips, just like you said to do.:)
here’s another sweeping stop EWZ or this is a short term target price 76.
I’m going back to buying the dips. I have a lot of lost opportunities, from staying out of longs, this week. http://zstock7.com/wp-content/uploads/2010/09/EWZ-2-10-FP.jpg
The Deutsch bourse buying out the Nyse is the bell ringing at the top. Unfortunately, it hasn’t been announced yet. Dow rsi is too high also. Daily upcount for all indices now at 8 consecutive closes above the close 4 periods earlier. A close at this level or above will give us the vaunted 9 count to go along with the weekly 10 count.
What time? Maybe they rally hard in the morning to put in a new high and then sell it all off into the close on the protesting? (all planned and timed out that way of course)
And yes, I still think Bernanke is a MADMAN!!!
I analyzed what would have happened that -160 Friday, and buying that dip would have resulted in a smalll loss, that would’ve been recouped on Monday. Hell, they could change the program tomorrow and screw everybody, but the haircut would be no bigger than any other haircut I’ve taken unsuccessfully shorting!
Yeah, I don’t see what would really tank this market except cutting off the ca$h……eur/usd down 1.30 EOD and the market was flat? I mean, if you BTFD and the momentum changes, so what? Just take your small haircut and change strategery again.
I needed a moment of clarity……
Whatever hit I’m going to take on longs, I could have more than made that money going long this week.
Hi ACP, I’m going back to buying all the dips, just like you said to do.:)
Hi ACP, I’m going back to buying all the dips, just like you said to do.:)
here’s another sweeping stop EWZ or this is a short term target price 76.
I’m going back to buying the dips. I have a lot of lost opportunities, from staying out of longs, this week.
http://zstock7.com/wp-content/uploads/2010/09/EWZ-2-10-FP.jpg
sweeping stop, is that what they call them?
dam!
you can. just buy 1 call.
and DARE the market to make it worth something.
it’s lots of fun!
The Deutsch bourse buying out the Nyse is the bell ringing at the top. Unfortunately, it hasn’t been announced yet. Dow rsi is too high also. Daily upcount for all indices now at 8 consecutive closes above the close 4 periods earlier. A close at this level or above will give us the vaunted 9 count to go along with the weekly 10 count.
What time? Maybe they rally hard in the morning to put in a new high and then sell it all off into the close on the protesting? (all planned and timed out that way of course)