CH37 wrote:thank you.
happy trading and good luck.
Welcome aboard!
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bushwaffle wrote:There is no fundamental reason for this market to be bought short/intermediate term. Cobra's outlook to the 1000 area should be in play soon, very soon.
I wouldn't be surprised to see one last push up to 1220-1240 area before the fall to 1000 starts.
everybody is looking for 950-1000, so we won't get it. i think the bottom is in for the year...
frankthetank wrote:What a day. Stopped out and now would have made 30% if i didn't get stopped out. market maker is out to screw us shorters
Same thing happened to me, stopped out of my shorts shortly after announcement with that pop to slightly over 1200. That's why it sucks trading at work with google finance charts.
frankthetank wrote:What a day. Stopped out and now would have made 30% if i didn't get stopped out. market maker is out to screw us shorters
I came dangerously close to getting stopped out of my position in UUPT. (3x long dollar). That huge phantom candle at 2.30 missed me by 10 cents. Definitely is ruthless out there.
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volume surge, exhaustion bar plus a little too stretched, so could be a rebound of some kind here.
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looks like transports broke the neckline? What do you think?
Thanks as usual.
my view on $TRAN is it's forming a big continuation pattern (like Diamond) therefore will continue down eventually.
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Just to be clear here folks: don’t underestimate the sometimes-casual tone on this board; it is astonishing how many “heavyweights” are here, each trading their own niche of expertise (and some are generous enough to share a bit), some in their low-profile “gosh-y’all” costumes.
The King Cobra still the “Lord of the Belt”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.