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Every Bear has his day....
- Thread starter dac8555
- Start date
Wow dow gained 100 points into the close...nuts
Scalper's paradise!
I wrote at 2:30 while the markets were tanking that there was a good chance of the markets recovering back to 12175+ like they did. Did I go long anything??? No I didnt, but came close to buying 500 SMH at 33.80 right before it tanked to intraday lows. Glad I didnt at the time but Kind of regret it now. Instead I took out a short on XHB.
Monday is a new day, im sure we open up positive and trend higher through out the day, reason I say this is because of the 100 point intraday rally back to 12194.
The news at 10am wasnt worth a -27 it was worth a -100+ . The bears are getting close.
Monday is a new day, im sure we open up positive and trend higher through out the day, reason I say this is because of the 100 point intraday rally back to 12194.
The news at 10am wasnt worth a -27 it was worth a -100+ . The bears are getting close.
Quote from S2007S:
its good to see the volatility back at least, seems like anything is possible now that we have this steady rise in the markets out of the way.
This is the kind of volitility that comes during tops and bottoms. The weekly chart was set for a beaarish conformation this week, but the last 30 minutes today ruined everything as the jam job took place. I am so ready for this market to fall and fall hard.
dip buyers will keep buying until it fails and burns them. so far it has worked.
Thats a pretty big 'until'
Dip buyers did pretty good in the 90's and since 2002
Dip buyers did pretty good in the 90's and since 2002
Quote from myminitrading:
This is the kind of volitility that comes during tops and bottoms. The weekly chart was set for a beaarish conformation this week, but the last 30 minutes today ruined everything as the jam job took place. I am so ready for this market to fall and fall hard.
I am sorry to ask, but why are you so ready to see the market fall? Why do you care if it falls/jumps ? Thanks. Just curious.