The meltdown has begun.. .. we are currently close to plus 500 points in the short trade over the last 30 days. surf
Quote from marketsurfer:
Surf alert surf alert surf alert
We have closed YM long @ 15297 and reversed short with max size 10 contracts @ 15301
Price Drivers have Spiked 9 full points today which is the sharoest and most aggressive move I have witnessed in a live market. I believe it is signaling a substantial reversal soon. You gotta be in it to win it. Short. Short. Surf
Quote from marketsurfer:
... WIth the PD's, we KNEW it was going to trend prior to any price signals from TA, hence the all in type position.![]()
Quote from temuco:
Well, to be fair, marketsurfer, you perhaps undeservedly confer your PD's with a bit too much "edge" over TA. After all, your PD's were calling for a big rally in crude that got you inot a losing long position not once, but twice. It did rally more than $10, but only after it fell $8 first. This is perhaps why you attract such tenacious detractors - you seem at times to lack all humility, in spite of much publically available experience to support a reasonably modest and humble attitude toward the market. Everyone has losses, and were you to credit your losses (and limit them) as you do your gains, (which you nicely allow to run), you might find your audience more receptive to your ideas.
Good call on the Dow short, by the way!