mostly seems to be squeezing shorts, since "common sense" tells me that economy has been damaged and this market should just limp along to the end of Dec. Difficult when the technicals go against logic
ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
mostly seems to be squeezing shorts, since "common sense" tells me that economy has been damaged and this market should just limp along to the end of Dec. Difficult when the technicals go against logic
http://www.bloomberg.com/news/2013-...-high-as-equities-fixate-on-budget-talks.html
These hedgies are going to be destroyed, again.
These hedgies are going to be destroyed, again.
Wall Street loves kick the can. Imagine what kind of rally could be had if they removed debt cieling and gave bama open check book.
I would not underestimate the lengths they will go to and the means they will employ to turn those positions profitable.
You guys crack me up with your theories and reasoning.
This market is extremely hard to predict long term, even for total experts, there are just too many variables at work here, best course of action is to attack the short term timeframes (15/30/60/4hr) and have it ball with them as long as volatility remains acceptable; and yes bidirectional, when it's time to short you short, and when it's time to reverse and go long, you go long, all else is a display of amateurism.
This market is extremely hard to predict long term, even for total experts, there are just too many variables at work here, best course of action is to attack the short term timeframes (15/30/60/4hr) and have it ball with them as long as volatility remains acceptable; and yes bidirectional, when it's time to short you short, and when it's time to reverse and go long, you go long, all else is a display of amateurism.