That’s your call on that… I wouldn’t, as the “long side” is way over crowded right now. Trying to catch that last 1% move is risky. While we could possibly rally up to a double top, the odds are heavily against the bulls.
The high may be in today, with some selling into the close, and then another ramp up tomorrow only making a double top from today. Or, it could push up to 1170 tomorrow? There’s no way to know how high it’s going tomorrow, but there’s plenty of evidence that the “high” will be put in today or tomorrow.
And after midday Wednesday, whatever level the market is at… IMHO, will be an awesome shorting opportunity.
Noted on that maybe i should go with a short run on the rally and keep my stops tight for the roller coaster thats coming making making a steak from the bull as it does its final dance
Glad you got out with a profit DJ… Tomorrow is the last day of the POMO’s and I think it will be the best spot to get short at. I estimate around 11am-1pm est will be the top.
The “curve ball” will probably be a really bad non-farm payroll report, but it could be anything? I’m just guessing there.
Right on the money thank god i took the PL for shorts yesterday didnt even knew the POMO money was kicking in nice heads up on that info red especially on the time frame DJ30 seems to be stabilizing now testing its highs of 10850 and the bulls are banging on the wall right now however markets still active for the next few hours i wonder what curve ball will be coming from the markets this time.
When did you send it? Just now? I don’t see it? I keep my main email address open all the time with Outlook but the I don’t always have the google chat on, and haven’t check it lately (I only use that email for the chat function and rarely send emails with it).
Use my main email and resend it…
red at reddragonleo dot com
The google email at…
reddragonleo at gmail dot com
is again, primarily used to chat with (mainly Anna, but I have few others on the chat list).
What they are doing right now is killing the last diehard bear. This will be over with by midday Wednesday. With NO bears left in the market, and all the bulls long… and with NO more free money (via the POMO’s), along with the non-farm payroll report coming this Friday… I’d say this is absolute the perfect setup to surprise everyone with a huge sell off!
Afterall, after today’s ramp job, who in their right mind is now expecting a crash? No one… and that’s the point! Surprise the masses by making a false breakout to the upside just before a crash.
You know they just cleared out all the remaining overhead stops just now. There is nothing left to support this market after tomorrow… every bull is already long. Every bear is being cooked on the grill right now. Who’s going to keep buying up this market now? No one! She’s going to fall… I’m even more confident of it now then I was last week.
Do you have the image?
That’s your call on that… I wouldn’t, as the “long side” is way over crowded right now. Trying to catch that last 1% move is risky. While we could possibly rally up to a double top, the odds are heavily against the bulls.
The high may be in today, with some selling into the close, and then another ramp up tomorrow only making a double top from today. Or, it could push up to 1170 tomorrow? There’s no way to know how high it’s going tomorrow, but there’s plenty of evidence that the “high” will be put in today or tomorrow.
And after midday Wednesday, whatever level the market is at… IMHO, will be an awesome shorting opportunity.
Noted on that maybe i should go with a short run on the rally and keep my stops tight for the roller coaster thats coming making making a steak from the bull as it does its final dance
Glad you got out with a profit DJ… Tomorrow is the last day of the POMO’s and I think it will be the best spot to get short at. I estimate around 11am-1pm est will be the top.
The “curve ball” will probably be a really bad non-farm payroll report, but it could be anything? I’m just guessing there.
Right on the money thank god i took the PL for shorts yesterday didnt even knew the POMO money was kicking in nice heads up on that info red especially on the time frame DJ30 seems to be stabilizing now testing its highs of 10850 and the bulls are banging on the wall right now however markets still active for the next few hours i wonder what curve ball will be coming from the markets this time.
FP alert… 115.20 spy!
When did you send it? Just now? I don’t see it? I keep my main email address open all the time with Outlook but the I don’t always have the google chat on, and haven’t check it lately (I only use that email for the chat function and rarely send emails with it).
Use my main email and resend it…
red at reddragonleo dot com
The google email at…
reddragonleo at gmail dot com
is again, primarily used to chat with (mainly Anna, but I have few others on the chat list).
hi red have u got my mail???????????& here is my own gut feelings we might see one more(actually its too much now)push on the upside target ??????
APPLE near 50 hour moving average
What they are doing right now is killing the last diehard bear. This will be over with by midday Wednesday. With NO bears left in the market, and all the bulls long… and with NO more free money (via the POMO’s), along with the non-farm payroll report coming this Friday… I’d say this is absolute the perfect setup to surprise everyone with a huge sell off!
Afterall, after today’s ramp job, who in their right mind is now expecting a crash? No one… and that’s the point! Surprise the masses by making a false breakout to the upside just before a crash.
You know they just cleared out all the remaining overhead stops just now. There is nothing left to support this market after tomorrow… every bull is already long. Every bear is being cooked on the grill right now. Who’s going to keep buying up this market now? No one! She’s going to fall… I’m even more confident of it now then I was last week.