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Cobra wrote:my bigger picture is up. I think I've made it very clear: http://www.cobrasmarketview.com/2011/10 ... 3-push-up/, the very first few lines: The big picture, maintain what I said in 10/14 Market Outlook, it’s a 2 legged up and we’re now on the very 1st leg up.
yes, I ment 1192 not 1092 ... sorryMr. BachNut wrote:Roger that Dow Trader, though I think you mean 1192.Dow Trader wrote:For who still short this market, this is one of old school traders rules regarding paper loss:
IF YOU POSITION IS CORRECT, MARKET SHOULD NOT GO AGAINST IT BY TIME AND PRICE TOGETHER.
for me, as I posted before, I will not be in the bear camp ( which means buying the dips with tight stop ) until ES prints 1092 before 1264