end of day squeeze

only reason why tech is up is on the GOOG $900 price target lifting the likes of BIDU and AAPL again. HPQ earnings werent anything great.
 
Quote from Cocaine:

As long as price is showing me, based on what I see, that its strong I will agree with you. But once I see signs that its no longer, I will switch mindsets very quickly. I'm not saying that we wont fill the gap, but once PA is no longer showing strength, its wise to not get stuck thinking that a gap fill has to happen.
More...

" I will switch mindsets very quickly"

No argument there. Once my thesis and stops are violated, I don't argue with markets, I follow their lead.
 
good stuff, most people get stubborn and need to be proven right. sounds like you dont need your ego fed :D

Quote from dtrader98:

" I will switch mindsets very quickly"

No argument there. Once my thesis and stops are violated, I don't argue with markets, I follow their lead.
More...
 
Quote from Cocaine:

good stuff, most people get stubborn and need to be proven right. sounds like you dont need your ego fed :D
More...

Cost me a few limbs, but yes, I checked my ego at the door long ago.
 
See this is where noobs get crushed. They see the gap, they see we are strong and then disregard a down move as just a retrace. They avg in, avg in, avg in and then get crushed. Thats why PA is king.

Not trying to preach to you, you obviously know what you are doing, just pointing out the traps that noobs fall in to when they get so committed to a certain event happening.


Quote from dtrader98:

Cost me a few limbs, but yes, I checked my ego at the door long ago.
More...
 
You must log in or register to reply here.
Back
Top