NO FEAR in this market, zippo zero zilch.
Midnight rally
- Thread starter Rickshaw Man
- Start date
I saw them turn up at the end of the day and immediately wondered how many on this thread will be buying.
Do you buy religiously every night or do you just do it after a big down? Or are using other inputs? I have noticed it tends to work if the dow is down more than 70 points. Has anyone tested this out? Works to often to be random.
If the Dow has been down a day or two, their is a 95% chance it will be higher overnight. don't be afraid this is free money.
We truly are in a no risk environment, any dip has support. I would even go as far to say averaging down your futures position, is a good strategy in this environment, because our pal Greenspan will make darn sure this market stays firm, and all economic numbers and corporate numbers will add support. Big Al will go out in Grand style.
So what are you waiting for start buying.
If US equity indexes loose some steam towards the close, just but the futures right after 4:00pm ET.
Buying YM @ 10590, no stop, I will average down should it go lower
See nothing to fear, just step in and buy, market will do the rest. What a friendly environment to trade in, I just love this no risk trading.
This is so easy, making money in this no risk environment, I love it. I hope I was not the only one who bought that dip in YM.
Looking to sell partial position @10630. Will hold the rest overnight.
SUCCESS!!!!!!!!!!!!