D & R: New definition.

Optionpro007

Optionpro007

As I stated yesterday, and according to how bull markets end, once the leaders of the pack start to rollover, you end having a bear market.
(If somebody has a different opinion I would love to hear it)

In my view the leaders of the pack have been the small caps.

I believe that at this time a sensible move would be to either short the market(as I have done) or at the very least practice some D & R.

D&R as in Dump & Review.....
 
I'm not bullish nor bearish but so far all I see is a 2-3 day divergence and not much ''rolling over'' yet. And, considering the bullshit going on in this market it's not enough to stake the bear flag on.

Can it go down another 2-3 days? Sure! But still not enough to be so bearish about.
 
Quote from risktaker:

I'm not bullish nor bearish but so far all I see is a 2-3 day divergence and not much ''rolling over'' yet. And, considering the bullshit going on in this market it's not enough to stake the bear flag on.

Can it go down another 2-3 days? Sure! But still not enough to be so bearish about.
More...

I trade with a little longer time in frame in mind.
 
its too early to know for sure.... but yeah everyone is looking at the divergence right now so i dont know how good of an indicator that would be neway.
 
You must log in or register to reply here.
Back
Top