"The Day of the Lundy!!"
- Thread starter Don Bright
- Start date
we'll see over the next couple weeks, otherwise get some salt ready for that hat 
Hey greynuts....
Ive seen and studied enough. To go long and expect a complete reversal on a V is Hat munching madness unless you intend on holding a long time....but that would make you an investor not a trader. Enjoy the food stamps....
Ive seen and studied enough. To go long and expect a complete reversal on a V is Hat munching madness unless you intend on holding a long time....but that would make you an investor not a trader. Enjoy the food stamps....
Today (and a bit tomorrow) will show us if we can expect upside. We need to consolidate, sell some "real short term" holds, clean up the mess a bit, and hold some sort of upside rally today to be opitimistic on the market going up.
If we stay with 50 points on the Dow, we have a chance to close the week with a good day...if not.....well, at least the volatility is paying the traders to stay around. 2 months ago, those that "whine" were whining about lack of volatility....well, no more, even the VIX is at record levels.
Don
If we stay with 50 points on the Dow, we have a chance to close the week with a good day...if not.....well, at least the volatility is paying the traders to stay around. 2 months ago, those that "whine" were whining about lack of volatility....well, no more, even the VIX is at record levels.
Don