Here is one of my posts on XIV back in February...posted that we could be in a wave A of 5...
I knew we were not done yet and that we would most likely get a pullback to B, then up to C of 5...hehe...so far that is what has transpired...now we will see if we bust the support..
Edit: the arrow is about when I did my post... viewtopic.php?f=2&t=827&hilit=xiv&start=160#p118312
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Last edited by TraderGirl on Fri Apr 19, 2013 9:48 am, edited 1 time in total.
I'll have a long meeting this morning, hopefully could be back in 2 hours. For now I'll say, this bull may have legs.
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Nothing here today suggests so far that yesterday wasn't a short term bottom. XLF and USD/JPY are both strong. Holding long, ideally until Wednesday/Thursday.
Lots of weekend hedging going on is what I saw. I think it was a very good op to get long going into next week. I see 1555 Min Monday, Tuesday and test of the highs by the end of next week.