Today is the day

Quote from TILT2:

I can't disclose the details but I can tell you my trading system is very simple, sometimes simple works!
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No question, keeping it simple is the way to go. You planning on staying short?
 
Quote from Wide Tailz:

Maybe we should get ready to BTD
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Hi Wide Tailz,

Hadn't heard of BTD before so I went to an acronyms website:

acronyms.the freedictionary.com/BTD

The choices included

1. bored to death
2. born to die
3. brothers til death
4. beat the Dow
5. born to drink
6. buy the dip
7. born to drive
8. beg to differ

My best guess is that you meant (6). Am I close?
 
Quote from LEAPup:

I have to agree. I'm also looking at a vertical put spread right now for my retirement $.
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Put on an extra one for our next visit to Hooters too.
:D
 
Quote from Slope Trader:

6. buy the dip
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BTFD

Major trendz are getting rough & weak, so I believe whatever pop will just be a B wave before the real smackdown.

But I don't believe we can just capitulate here, because The Market moves in a zig-zag, to shake money out of weak accounts.

:eek:
 

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Quote from Wide Tailz:

BTFD

Major trendz are getting rough & weak, so I believe whatever pop will just be a B wave before the real smackdown.

But I don't believe we can just capitulate here, because The Market moves in a zig-zag, to shake money out of weak accounts.

:eek:
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"Buy the dip", you are right. A strong rebounce is expected next week, but just a rebounce.
 
Quote from TILT2:

Nasdaq has been rebouncing since last Friday, but again, it's still a rebounce.
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There are no such words as "rebouncing" and "rebounce", so I don't know what you mean.
 
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