Not to worry, his constipation will clear up soon.
BTW tomorrow we have PPI numbers. Then CPI on Wednesday and the unemployment on Thursday.
Swing Trading QQQ
- Thread starter schizo
- Start date
BTW tomorrow we have PPI numbers. Then CPI on Wednesday and the unemployment on Thursday.
Alright MOFOs, you've had your chance. Now brace yourself. We're going down tomorrow.
The markets were supposed to go down by the start of this thread.
So, you’re short?
Okay. Time for some bear humor. First posted May 19 last year. Still funny and relevant as we have a double top currently.
Consider me an early bird, the very first one in line to plunge in the water and get killed (for the benefit of those who come after me). So better you add a week delay to my calls and that day is fast approaching.The markets were supposed to go down by the start of this thread.
According to wxytrader and his magical Cycles, its all Sunshine and Rainbows from here.
What really matters is how many new accounts were opened this week, and if they are betting long or short. Someone has this data, and they are lining up to inflict MAXIMUM PAIN!
That's why trading is so difficult. Timing is critical and I'm sure it's not uncommon for someone to get it nearly right, but still lose money since the timing is slightly off.
I disagree with that view with the markets being impersonal (think of it as an order matching engine which is what it really is).
Of course, most people seem to get it wrong, so there is no doubt pain as a result for many players. But that's just coincidental and not because some entity is deliberately trying to cause inflict pain.
I may be wrong, but that's my view.
Anyway, I'm picking up a lot of bearish sentiment lately, so I wouldn't be surprised if the rally continues. It's not uncommon with some back and forth coming in a prior high, so maybe both bulls and bears will hurt before resuming a direction.