Yes, pretty much I’d say it wouldn’t be wise to go heavily short until the 137.00 spy upside FP is reached. That about 1370 spx, and of course there is the 138.86 spy FP from last year that could also be the upside target. Hard too say, but I wouldn’t short until at least the first FP is hit, if not the higher one.
I did post those screen shots several times before, but I actually never received them “before the flash crash”, so I didn’t benefit from being short on that day. It was too quick, and a reader of this blog sent them to me a day or so after the crash happened.
shorting at 34.9 is a very high probability trade that will most likely succeed, imo. the exit is tough. do i get 2% lower, or 3% lower. tough to call. etf’s keep going back up, after they fall a little.
Yes, pretty much I’d say it wouldn’t be wise to go heavily short until the 137.00 spy upside FP is reached. That about 1370 spx, and of course there is the 138.86 spy FP from last year that could also be the upside target. Hard too say, but I wouldn’t short until at least the first FP is hit, if not the higher one.
this up and down motion,if you didn’t have the FP’s would probably get a lot of bears in early.
Copper at channel support line:
http://niftychartsandpatterns.blogspot.in/2012/02/copper-at-channel-support-line.html
I did post those screen shots several times before, but I actually never received them “before the flash crash”, so I didn’t benefit from being short on that day. It was too quick, and a reader of this blog sent them to me a day or so after the crash happened.
Wow, if they got the warning the night before, how could they have avoided the crash? And how come you never posted this before,that is wild.
shorting at 34.9 is a very high probability trade that will most likely succeed, imo. the exit is tough. do i get 2% lower, or 3% lower. tough to call. etf’s keep going back up, after they fall a little.
found the video at another site. they really hate bernanke at this other site!!!
more so, than here, but maybe not.
I like that guy… he’s telling it like it is!
At the very end of the video, he says all that money only ended up helping the banking cabal…
Notice the strange things on Dylan’s face starting at about 45 seconds in? Is he a reptilian too?