Anytime the Dow trades around triple 0's (11,000 right now) it's a difficult market. Don't be like Nick Leeson who made a bank go Bankrupt trying to keep the Nikkei above 19,000 in 1995. (watch the movie Rogue Trader)
still some chances for a rebound to close. not sure as this is counter-trend call, not easy to be right.
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Cobra wrote:I'm not saying low was in, there's a chance we might go like this because it could be 3 push down. Calling reversal on a strong trend day is difficult, so just for fun.
BullBear52x wrote:Until Tuesday gents if we close around here.
hmm, anyone has statistics about what happened thereafter when Mr BB52 posted happy pictures?
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not sure if anybody's reading my messages...but i just covered my spy. closed my shorts. done for now. good luck all. not a bad first trade in 5 months. i don't think it'll go lower today.
qtipped wrote:not sure if anybody's reading my messages...but i just covered my spy. closed my shorts. done for now. good luck all. not a bad first trade in 5 months. i don't think it'll go lower today.
we are reading, just seldom responding
congrats on your great trade
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.