To be honest, one of these days it won't happen.
It'll go down overnight.
It might even keep going for another 30 handles when it opens.
And then people will short and everyone will talk about how 'this is it....finally.....after 10 years!!''.
Hell, it might even go down the next day as well!
As someone whose been a long only trader for a few years now, i'm OK with that.
Because soon.....soon!...Just as the bears are feeling good, it'll put all of them points back on with some nice interest in the blink of an eye, and those who understand how the market MUST move will have got in at some nice numbers for maximum gains!
It'll go down overnight.
It might even keep going for another 30 handles when it opens.
And then people will short and everyone will talk about how 'this is it....finally.....after 10 years!!''.
Hell, it might even go down the next day as well!
As someone whose been a long only trader for a few years now, i'm OK with that.
Because soon.....soon!...Just as the bears are feeling good, it'll put all of them points back on with some nice interest in the blink of an eye, and those who understand how the market MUST move will have got in at some nice numbers for maximum gains!
