Itâs like know one is scared to buy after this big move up, everyone is running to get in. Typical heard mentality.
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ES Journal Archive (2009 - 2010)
- Thread starter Jahajee
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Man, that actually hurts. Without a doubt, this market is screwed up to the core, but what can ya do? You can't fight the damn tape.Quote from Roman Candle:
Itâs like know one is scared to buy after this big move up, everyone is running to get in. Typical heard mentality.
Methinks we're heading up to 950 by the close.
closed short at 945. Long at 944.50, 3 point stop.
I guess if you were lucky enough to buy in the last three minutes on Friday and hold over the weekend and sold at 9:00am cst this moring you did pretty well.
If you waited till all the economic data was out of the way like were all told to do this is what you were left with.
If you waited till all the economic data was out of the way like were all told to do this is what you were left with.
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Quote from Lawrence Chan:
A very important development here.
Today is taking out exactly the 20 days consolidation. As if we are reading a text book.
Tomorrow, if gap up and sell back into the 20 days range, an important top is printed.
Spot on! That could be the final (failed) breakout to the upside.
Given the present euphoria I don't imagine a rounding top developing to end this rally but rather an impulsive, brutal down move.
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