I just was told about their website on Saturday, so I didn't even browse though it yet. I just read their twitter feed, and that was one bold call about 7070 dow by the end of the week.
I'll be going short again on Monday or possibly Tuesday, and I'll stay short until I see some what happens when we tag the 20 month moving average on the monthly chart around 988 spx.
I don't like the long side, as I play options and the vix going down while the market goes up, would kill my profit. I'll probably just sit on the sidelines in cash,until I see the dust settle.
A rally will come, but another sell off is coming first. How low is anyone's guess? I think at least the 20 MA on the Monthly chart, for starters.
By the way, was that chart free, or did you subscribe to their service?
Thanks Steveo…. so how was Tokyo? Not too far for you, since you live in Hawaii. Must be nice to never have to worry about freezing cold weather, or snow. I'm jealous… LOL
I think they need to update their charts. Maybe their service is directed toward long term investors, as that doesn't work well with us swing traders.
Tokyo was very interesting. Will post pix and thoughts.
This is the official start of my study on SocioEconomicAnthropolgy (SAE).
Free sub till May 31! Hurry!
lol
I just was told about their website on Saturday, so I didn't even browse though it yet. I just read their twitter feed, and that was one bold call about 7070 dow by the end of the week.
I'll be going short again on Monday or possibly Tuesday, and I'll stay short until I see some what happens when we tag the 20 month moving average on the monthly chart around 988 spx.
I don't like the long side, as I play options and the vix going down while the market goes up, would kill my profit. I'll probably just sit on the sidelines in cash,until I see the dust settle.
A rally will come, but another sell off is coming first. How low is anyone's guess? I think at least the 20 MA on the Monthly chart, for starters.
By the way, was that chart free, or did you subscribe to their service?
A copy of the chart they have on their site.
http://www.screencast.com/t/MjcyMWIzM
LOL…
It hot here too. I'm up north with family in West Virginia, but my primary address is in Florida. Hot down there too, I'm sure…
Wisconsin, where it was ironically 88 degrees today.
Where do you live at Dread, if you don't mind saying?
Shanghai is up 2% right now. Looks like massive short covering. I think we could see the same. I guess we'll all know in about 11 hours at the open.
Thanks Steveo…. so how was Tokyo? Not too far for you, since you live in Hawaii. Must be nice to never have to worry about freezing cold weather, or snow. I'm jealous… LOL