I saw that & I was on board. I still do not see a fundamental reason to go long but the markets since Thursday are saying something else.
And to add this am i got an alert from Weiss to go long spy.
Guys, if we don't have a reversal today, I probably have to cover. This just sucks.
ROFLMAO Monica
I'm kicking now!
I'm so tired of waiting. Will someone just kick this thing in the nuts?! My concerns are that we made a higher high today than June 3 and that we are all bearish but I am still short.
Dow jones the resistance seems to be stronghttp://niftychartsandpatterns.blogspot.com/2010…
Jim, you should see this: http://humblestudent777.blogspot.com/2010/06/ti…
The idea is that the H&S is already formed, but in a compressed time frame.
Actually chart pattern predicted the up to 1140 to form a right shoulder.
Does not mean iam not a bear. The market is going down but we are headed to a lower high.
Just bought some more TZA calls.
I have a passel of those pooches.
The market looks like to move higher. on short term time frame, it wiped out all the negative Div by today's move up
I would think it will consolidate here and move higher. there will be no sell-off. i even double there is any hard pull backs, maybe 1090-ish
Friday i moved into TNA , TYH and SSO.
Dow is going to 10840 and S&P 1120-1140.
i will sell all long above 1120. probably happen this week.
I saw that & I was on board. I still do not see a fundamental reason to go long but the markets since Thursday are saying something else.
And to add this am i got an alert from Weiss to go long spy.
Guys, if we don't have a reversal today, I probably have to cover. This just sucks.
ROFLMAO Monica
I'm kicking now!
I'm so tired of waiting. Will someone just kick this thing in the nuts?! My concerns are that we made a higher high today than June 3 and that we are all bearish but I am still short.
Dow jones the resistance seems to be strong
http://niftychartsandpatterns.blogspot.com/2010…
Jim, you should see this: http://humblestudent777.blogspot.com/2010/06/ti…
The idea is that the H&S is already formed, but in a compressed time frame.
Actually chart pattern predicted the up to 1140 to form a right shoulder.
Does not mean iam not a bear. The market is going down but we are headed to a lower high.
Just bought some more TZA calls.
I have a passel of those pooches.
The market looks like to move higher. on short term time frame, it wiped out all the negative Div by today's move up
I would think it will consolidate here and move higher. there will be no sell-off. i even double there is any hard pull backs, maybe 1090-ish
Friday i moved into TNA , TYH and SSO.
Dow is going to 10840 and S&P 1120-1140.
i will sell all long above 1120. probably happen this week.