something for everyone, yet crazy enough to cause maximum pain... pull back shortly.. get the bears excited!.. then Christmas rally.. gets bulls excited.. push to new highs as the debt issue is solved then .... lookout below....
fehro wrote:something for everyone, yet crazy enough to cause maximum pain... pull back shortly.. get the bears excited!.. then Christmas rally.. gets bulls excited.. push to new highs as the debt issue is solved then .... lookout below....
For people following crude (CL).
If you are short, be carefull of the last moves... huge up could go into a litle short squeeze...
Nothing to worry if you are short since 102/98, but be carefull if you are short in the neighborhood...
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fehro wrote:something for everyone, yet crazy enough to cause maximum pain... pull back shortly.. get the bears excited!.. then Christmas rally.. gets bulls excited.. push to new highs as the debt issue is solved then .... lookout below....
fehro wrote:something for everyone, yet crazy enough to cause maximum pain... pull back shortly.. get the bears excited!.. then Christmas rally.. gets bulls excited.. push to new highs as the debt issue is solved then .... lookout below....
guessed wrong. I'm neutral. revisiting day high means 50% chances for either bull or bear.
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VIX 15m... possible double bottom.... but looks like lower is in the cards.... we are outside of the daily BB bands... which are extremely tight... range = 1.63