Red, we want good news, not bad news! Bad news is fueling this short squeezing machine. The good news is what will finally trigger the big sell-off. Keep sentiment bullish, even after a 10% drop. Buy the dips of a 15% drop. Triple down on a 30% drop…. that is what we want. Interesting that even you don't think it is possible we get a greater than 5-10% drop. I gotta admit, almost unanimously, all bears think this will fall “some other time… maybe in the summer or fall”. This was a blow off mania top, pure and simple. We fall hard starting tomorrow…. and bigger than anybody can imagine — like 25% big…. for starters. This gap tonight will grow to the downside and nobody will be able to short this thing!
XLF won't hit this number until ***the top*** time wise, for those that don't trade the XLF it will be a good point of synergy relative to other sector price levels
TNA is a HOLD (wait for a possible SELL-IF signal after the close on Thursday, for a possible sell at some point Friday). Today was a White Candlestick, indicating a normal up day.
TNA is now up 46% since the buy signal on Feb 9th. TNA was $36.69 at the time, and closed today at $53.70.
TZA is a WAIT (wait for a possible BUY-IF signal after the close on Thursday, for a possible buy at some point Friday). Today was a Black Candlestick, indicating a normal down day.
TZA is now down 33% since the sell signal on Feb 9th. TZA was $11.04 at the time, and closed today at $7.37.
THE top or an interim top, you think?
Red, we want good news, not bad news! Bad news is fueling this short squeezing machine. The good news is what will finally trigger the big sell-off. Keep sentiment bullish, even after a 10% drop. Buy the dips of a 15% drop. Triple down on a 30% drop…. that is what we want. Interesting that even you don't think it is possible we get a greater than 5-10% drop. I gotta admit, almost unanimously, all bears think this will fall “some other time… maybe in the summer or fall”. This was a blow off mania top, pure and simple. We fall hard starting tomorrow…. and bigger than anybody can imagine — like 25% big…. for starters. This gap tonight will grow to the downside and nobody will be able to short this thing!
Rock on Red
we'll have to prise their grubby fingers off this one by one
Sundance – are you saying when XLF hits $15.82 – that would be a sign of market top?
thanks
XLF won't hit this number until ***the top*** time wise, for those that don't trade the XLF it will be a good point of synergy relative to other sector price levels
yes and given the action over the past 3 days a reaction for a couple days is likely, the $SPX 1131.56 gap is the first stop
Do you give that any merit to the current move.
The view from Americanbulls
TNA is a HOLD (wait for a possible SELL-IF signal after the close on Thursday, for a possible sell at some point Friday). Today was a White Candlestick, indicating a normal up day.
TNA is now up 46% since the buy signal on Feb 9th. TNA was $36.69 at the time, and closed today at $53.70.
TZA is a WAIT (wait for a possible BUY-IF signal after the close on Thursday, for a possible buy at some point Friday). Today was a Black Candlestick, indicating a normal down day.
TZA is now down 33% since the sell signal on Feb 9th. TZA was $11.04 at the time, and closed today at $7.37.
Summary: The candles today changed nothing.
Your thoughts are what keep this boring market going…
Refresh your page… and don't worry, I'll never give up.