Rarely does the market tank hard on any given day and not retrace most of it (for the wave 2 up) before continuing the move down. Therefore, I’ve learned that it’s best to wait for that first big down day (missing it of course) as the bulls will buy it back up and give the bears another chance to get short. Going short now is just gambling in my opinion.
22?
Rarely does the market tank hard on any given day and not retrace most of it (for the wave 2 up) before continuing the move down. Therefore, I’ve learned that it’s best to wait for that first big down day (missing it of course) as the bulls will buy it back up and give the bears another chance to get short. Going short now is just gambling in my opinion.
SPY its slowly rolling over136.85 ..tza is nicely 0.7% up and REVVING..
growl you bears!!
Will anyone here join me if it hits 137.30? I am betting not.
Today=11, Monday=?
Which means that anything can happen over the weekend… maybe a surprise coming? Who knows? I wish I did…
Obviously going to hit the fake print in the last few hours of trading.
EURUSD Resistance line and 200 SMA:
http://niftychartsandpatterns.blogspot.in/2012/02/eurusd-resistance-line-and-200-sma.html
ES at top bollinger band:
http://niftychartsandpatterns.blogspot.in/2012/02/es-at-top-bollinger-band.html
http://www.youtube.com/watch?feature=player_detailpage&v=8T0ckf005qo