no way
Why not? We were just 5 pts shy of that level moments ago.
no way
I commend you...This thing has taken out too many layers of resistance...albeit its far too vertical, but that just attracts levels upon levels of shorts until this thing exhausts itself...markets feel too illiquid, just too easy to push around these days...very different from when I started...
You'd think given your UWTI experience you'd better understand why averaging down on your biggest losers is a foolish technique. "Cost average" is irrelevant, every new buy has to be evaluated as a separate trade, and simply buying more doesn't make you better off.
Don't forget the dow ran up 1000 points in a week, so if it pulls back 200-300 points I hope the bulls don't go whining like little bitches again!
You keep saying stuff like this but the only meaningful whining I've seen for years are perma bears like you getting frustrated with markets. The conspiracy theories and doom and gloom crowd have been so out of touch it's funny. It won't be long before we get the old Fed controls the market, money printing, and "nothing is real" posts from you and others. It is extremely rare to ever see a long investor on here say much of anything that is the remote bit negative.
What we do get is you posting this shit a lot.
You keep saying stuff like this but the only meaningful whining I've seen for years are perma bears like you getting frustrated with markets. The conspiracy theories and doom and gloom crowd have been so out of touch it's funny. It won't be long before we get the old Fed controls the market, money printing, and "nothing is real" posts from you and others. It is extremely rare to ever see a long investor on here say much of anything that is the remote bit negative.
What we do get is you posting this shit a lot.