Too many bears?

Quote from ASusilovic:

I like PANIC DAYS....best trades ever made begin with PANIC DAYS !!! :D :D :D
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agree, not only that but my nice positions in QID and SDS are working well today to keep my portfolio in the GREEEN!!!!
 
Quote from duard:



The sky is falling... So what the PPT took the day off. Next week is op-ex. We haven't even retested support. Once we do buyers will be waiting.
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PPT to the rescue and they didn't even try to keep it quiet. They announced it. 2nd best to a rate cut. "Inject and announce" now we have both the Fed and the commercials net long...

J. Q. Public bend over again and take this LONG up the........
 
Quote from duard:

spoos up 20 pts so far....

PPT to the rescue and they didn't even try to keep it quiet. They announced it. 2nd best to a rate cut. "Inject and announce" now we have both the Fed and the commercials net long...
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Good place to take profits for a day trade...
 
Quote from whitster:

"This is not the time to guess, it's time to protect your capital."

this is a time to INCREASE your capital.

for pete's sake, the opportunities are everywhere. this is supposed to be a TRADING website. traders can make $$$ off either direction. if you can't, you are not a trader.
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You must be one of those starey eyed new folks that thinks he has finally found the way to make money, and its how everyone else does it too.
 
Shorts will try to jam it back down, but I think the easy money on the short side (intermediate term) has been made...risk definitely increasing on the short side
 
Quote from una11:

Shorts will try to jam it back down, but I think the easy money on the short side (intermediate term) has been made...risk definitely increasing on the short side
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They will jam it back down from neutral which is where profits were taken. PPT mission accomplished. Lunch time on the street and an unopposed drift down to levels higher than this mornings low...

Just a guess.

I'm done for the day. The afternoon session is not likely to be very spectacular. An early weekend for me, see ya and good luck...
 
If we manage to close in the green today we'd have an intraday reversal to the upside & a higher low with a higher high on the VIX. Just looking at technicals that constellation is a positive.
 
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