good advice ,wait for this to flush out,the way they are blowing thru supps and then those dont hold as res and the reverse tells you the larger money is not taking a stand,and they have a lot more info than we do,good market to get picked off in, best not to have any strong convictions, another way top say it ,don't be stubbornQuote from RedTankEra:
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.