Have you noticed that's how we started each day so far this week. We gap up and then punish daytraders all day long with ridiculous price action until the last half hour of the trade. we have moved 2 points in an hour on the R2K futures. That is plain torture
Wish I could help you, Buddy. I've been sleeping with one eye open since I've been short this week. Honestly, It's probably a trade I shouldn't have made given the momentum. I just didn't see the upside craze until too late. Pretty stupid, I must say.
I do feel like this thing sets up for a...
I won't lie. I'm still short. It takes a strong stomach to short in this environment. I'm shorting for a slight pullback not an Armageddon/Doom/Gloom short. We'll see how it plays out. Good luck my friends.
How do you guys see today shaping up? A rally into the close, a sell off so we fall back below the 200 DMA on the S&P (928). I could use some insight, I like bouncing ideas off people....helps in putting thoughts together. Insights will be appreciated. Please try and associate good logic and...
Ooo there's must be some nice recovery on the way. BUY! BUY! BUY! (Sarcasm, of course). I may not have been in this game for a decade, but the craziness going on now, is just mind numbing.
LOL!! I trade the /TF for the most par but I use the /ES for correlation. I was just trying to pick your brain based on the charts. Like you probably know by now, I'm short biased, but this crazy market is shooting my blood pressure up.