I'm staying put… in my “puts” of course. I'll ride it out for the next few days if I have too. A big drop is coming, I can just feel it now.
So, what's the plan Leo? I thought I made a smart buy of FAZ at $15.20 late in the day and after going up at 15.45 the thing collapsed to $14.60 @ closing.
It looks as if the trend until the 6th might be up. What are your thoughts?
Apparently Obama said at a speech that the Friday jobs report will be exceptionally strong (500K ?)
Just green shoots.
It will be clearer in a few more sessions.
Carl at day’s end:
1060-1085 estimate for today (25 points) 1070.75–1098.25 actual range today (27.5 points )Market was 10-13 points above Carl’s range.
For the past 10 days, average actual range is 26.2 pointsTrades: No Trades todayGrade: C (lost no money)
In the past 10 trading days, Carl has taken just one trade, a loss of 4.75 points.
And I was long and got stopped out 🙁
It's looking quite bullish now.
chartpatterntrader – shows bull flag breakouthttp://stockcharts.com/def/servlet/Favorites.CS…
Decisive break above the teal lines across the board.
you got that right!
I'm staying put… in my “puts” of course. I'll ride it out for the next few days if I have too. A big drop is coming, I can just feel it now.
So, what's the plan Leo? I thought I made a smart buy of FAZ at $15.20 late in the day and after going up at 15.45 the thing collapsed to $14.60 @ closing.
It looks as if the trend until the 6th might be up. What are your thoughts?
Apparently Obama said at a speech that the Friday jobs report will be exceptionally strong (500K ?)
Just green shoots.
It will be clearer in a few more sessions.
Carl at day’s end:
1060-1085 estimate for today (25 points)
1070.75–1098.25 actual range today (27.5 points )
Market was 10-13 points above Carl’s range.
For the past 10 days, average actual range is 26.2 points
Trades: No Trades today
Grade: C (lost no money)
In the past 10 trading days, Carl has taken just one trade, a loss of 4.75 points.
And I was long and got stopped out 🙁
It's looking quite bullish now.
chartpatterntrader – shows bull flag breakout
http://stockcharts.com/def/servlet/Favorites.CS…
Decisive break above the teal lines across the board.
you got that right!