Quote from saliva:
PPT is increasingly finding themselves in the corner. How they will manage to break out this time will prove to be a difficult one in my mind. But, by no means, will they gove up too easily. For tomorrow, I see a moderately bullish day. It's the following day that I'm more concerned about. Could it be the Bloody Friday that will jump start another tidal wave of selloff? Well, that's what my broken crystal ball indicates.
From a daytrader's perspective, tomorrow will take care of itself.Quote from saliva:
PPT is increasingly finding themselves in the corner. How they will manage to break out this time will prove to be a challenge in my mind. But by no means will they give up too easily, especially without a fight. For tomorrow, I see a moderately bullish day. It's the following day that I'm more concerned about. Could it be the Bloody Friday that will jump start another tidal wave of selloff? Well, that's what my broken crystal ball indicates.
Quote from MandelbrotSet:
From a daytrader's perspective, tomorrow will take care of itself.
Today's setup was extremely bullish from last night. ASusilovic, Nexen and myself saw it clearly, and startraitor either didn't trade his talk, or is currently underwater and has turned his daytrade into a position trade.
Determine the fractal you're trading on, and then make decisions which are consistent within that timeframe.
Yep, that's what I meant.Quote from Lawrence Chan:
"Today's setup was extremely bullish from last night"
If that is changed to,
"Today's morning setup was extremely bullish from last night"
then we have an agreement.
Maybe so, I dunno.Quote from Lawrence Chan:
Inability to take out 58 in one shot tells the tale. =)

Quote from volente_00:
Neck in the 20's ?
shoulder back at high 60's -70 ?
Spy option interest hints at that scenario