look at this:http://img94.imageshack.us/i/sp500482.png/
Wow. The bulls control the day on no volume. tough for the shorts.I added a few positions but should have waited till the end.
Wow…
Talk about a bear squeeze today! This was brutal for the bears. Hopeful the bulls will get squeezed just a hard over the coming few days.
Exactly…
Scare them all out of the market, and then sell it off hard. I'm staying short, even though I'm underwater on my position. Selling is coming soon.
my thoughts exactly. Where is your avatar?!
The goal is to….scare off bears, making sure their Stop Loses react….and then? in a day or two …….attack?
Everytime we have a rounded top like this, we crash hard after it.
Light volume usually lets the market float higher, so that is too be expected. We need heavy volume to come in, as it will likely be selling.
Was hoping you might agree. Thanks, San!
We have a divergence in stochastics when we went to 1095, shouldn't be going much higher (gulp).
Also still within 12dma (Sundancer's teal line), now on Day 4 at the edge! Something's got to give soon.
look at this:
http://img94.imageshack.us/i/sp500482.png/
Wow. The bulls control the day on no volume. tough for the shorts.
I added a few positions but should have waited till the end.
Wow…
Talk about a bear squeeze today! This was brutal for the bears. Hopeful the bulls will get squeezed just a hard over the coming few days.
Exactly…
Scare them all out of the market, and then sell it off hard. I'm staying short, even though I'm underwater on my position. Selling is coming soon.
my thoughts exactly. Where is your avatar?!
The goal is to….scare off bears, making sure their Stop Loses react….and then? in a day or two …….attack?
Everytime we have a rounded top like this, we crash hard after it.
Light volume usually lets the market float higher, so that is too be expected. We need heavy volume to come in, as it will likely be selling.
Was hoping you might agree. Thanks, San!
We have a divergence in stochastics when we went to 1095, shouldn't be going much higher (gulp).
Also still within 12dma (Sundancer's teal line), now on Day 4 at the edge! Something's got to give soon.