http://www2.barchart.com/default.asp fatts , when you get above all your ma's,theres a point where everyone is long and there are no more buyers... click market momentum and you will see over 80% of stocks are above all you r ma's ,then you start looking for a top, i posted this 3 days agoQuote from FattBurger:
Yes ammo keeps the thread alive and thats what the site owner wants.
I have never understood why a trader would waste so much of his time posting on a public forum unless he had an agenda.
This guy has been shorting this uptrend for a year. I always thought when were above the 200 day the 50 day and the 20 day moving averages that meant a rising market and one should trade in that direction.
I just don't want people to get hurt.
Quote from coolweb:
I'd hold that short for the whole day since you shorted so high up.
ES is going to enjoy killing bulls the whole day
You will take some retrace heat though.
but it definately WON't be a UP(Green) day today.
