I think Im going short on the YM

R

retaildaytrader

You see that high pole and what might be a flag on the chart. If the YM can manage to breakdown tomorrow under the consolidation, then I might just short the YM.

I look, watch and wait. A breakdown under the consolidation on the last few bars on the chart would make me a shorter of the YM...
 
DO NOT WAIT! Short 915-913 if you get a chance. Once this move begins on the downside, you will miss it. Everyone is about to be screwed today!!!!!!!!!!!!!!!!!!!!!!!!!!!! Have a good day.
 
Quote from jax88:

DO NOT WAIT! Short 915-913 if you get a chance. Once this move begins on the downside, you will miss it. Everyone is about to be screwed today!!!!!!!!!!!!!!!!!!!!!!!!!!!! Have a good day.
More...

LOL! And while you're at it, go play leggos on the local train tracks.
 
Quote from stevegee58:

Buy the dips! Unlimited upside! The market is rigged!
More...

I agree, the midterm election is calling the shots. Everything will come up roses over the next 7 months.

The Dems will say to the American people....Just Look At The Dow!
 
I learned a while ago that the time to go short is usually when there is a certain euphoric high in the air and while liquidity is obviously decreasing. The time to go long is when the TRIN is popping and everyone is so bearish.

Right now there was a spike up in the morning and everyone seems ready to throw their account at the wind overleveraging.

I see the larger cap stocks dragging and the $INDU not seeming to keep up.

Im not into chasing things up until I am the last bagholder, but patiently waiting for my turn to get in on the short. I think that time might be today or maybe in the next few days. That bullish pop up seemed to bring us back to the top of the range.

 
Quote from Ivanovich:

LOL! And while you're at it, go play leggos on the local train tracks.
More...

You will see today that all the weak shorts coming in today will get squeezed at the close. A drop is on the cards for next week. I am positioned for it, are you? If you are long, now would be the time to say before the next week starts.
 
You must log in or register to reply here.
Back
Top