- sharp decline under 87 into stop paradise a.k.a cheap prices
- sharp rally into EOM and follow through into rollover
Today's game is "I dare you to hold over the holiday weekend" .. they might reward those who stick around to the closing bell with a little run one way or the other.
I had a short on but I washed it out at even. I still believe in the short but I've had a good month and I'd like to relax a little this weekend.
I should comment that I got out a few days ago at 1306. I'm long since then, and I think we head back to 1420 or so. It's been a bumpy ride, but I like this infrequent method of trading.
Quote from skyriderfox:
Getting out long after a roughly 80 point up move since 12/5/12...wasn't an easy ride initially.
ranting is running high lately, as for the previous late entry post,please refrain from this in the future,try to make them live ,and for the ranting that follows these posts,please refrain also
ranting is running high lately, as for the previous late entry post,please refrain from this in the future,try to make them live ,and for the ranting that follows these posts,please refrain also
i was seeing bear flag a few days ago. now starting to question it given the higher lows up against the base at 27-30. could go either way. techinical indicators are inline with price action so could be a bull head fake.