Actually it looking more likely that we’ll go down Anthony as the longer they trade sideways (making a bear flag) the more likely we’ll drop hard. If no rally starts tomorrow and they just work off the short term oversold conditions then Friday or Monday we could see a crash wave down.
Rally or Crash tomorrow… don’t know which? The charts are oversold enough now that a crash could happen… or they rally hard and squeeze the bears. Tough call here?
holding some SLV and HCA
HCA on the 2.50 divy – should gap up in the AM
SLV on FOMC, should be up also in the am , a little FOMC crack to take her up a bit…he he he
Guess a rally t is… doubt this last more then a day or two though. got burned a bit yesterday by holding, so I think I might just sell at the open
FACEBOOK Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/10/facebook-chart-analysis.html
IWM Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/10/iwm-chart-analysis.html
Actually it looking more likely that we’ll go down Anthony as the longer they trade sideways (making a bear flag) the more likely we’ll drop hard. If no rally starts tomorrow and they just work off the short term oversold conditions then Friday or Monday we could see a crash wave down.
Still early, but not looking like we’ll crash tomorrow, yet.
CRASH N BURN ANYTIME
I’m up for a crash anytime lol
Rally or Crash tomorrow… don’t know which? The charts are oversold enough now that a crash could happen… or they rally hard and squeeze the bears. Tough call here?
The Bears definitely look tired right now. I think you are right about going long… at least for a few days.
holding some SLV and HCA
HCA on the 2.50 divy – should gap up in the AM
SLV on FOMC, should be up also in the am , a little FOMC crack to take her up a bit…he he he