Man, how could this be? You and I both thought I was a lucky SOB when ES came back down to my breakeven level. Now I'm actually in the black for crying out loud. Gimme a break!
Really, this is one fucked up market. Even as a dem, the shady way in which this government is handling the current shit is utter crap.
Why did GS preannounce? Oh, don't tell me it's because they were so enthralled by the mark-up-to-nonmarket do-anything accounting. Goddamn scammers!
I agree that any sell-off will be fast. ~825 is my first target actually. Next target at ~785. There are targets further down that I'll be holding 1/3 for, but no point talking about them yet when we're only 10 points from my entry. I like the response off this initial touch of the 860-870 zone I've been watching, but a wykoff thrust up to 870 could totally be possible. If that occurs I'll hold more of my short for latter targets as its more likely to be a significant top rather than just a standard market retrace.
Always nice to see traders I respect come to the same conclusions through completely independent analysis