Interesting LT comments from UI today, which I hold in high regard. Hopefully I'm reading his commentary correctly, my decoder isn't updated.
Maybe my big doom into march, new high into summer isn't so far fetched? It would only be a new high in price, as I believe the true bear will show itself from that point forward. I posted this a few days ago -- I don't like that the market will turn back up, but if we can make money off of it, that is all that matters. Like you said Pata, mind the dollar. And I think the dollar most likely will continue to rise until its intermediate peak in late Feb/March.
SL set at 1292
ReplyDeleteAre you still holding the position?
ReplyDeleteNah, they stopped me out. It was an stupid trade (wrong time). However, short is the right side IMO.
ReplyDeleteGL
looks like a possible ST top today. I hate ST. It delays IT. Nobody light a match, this market is full of hot air.
ReplyDeletePata, I also had wrong trades today. Stopped out twice with losses in AH and RH.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteInteresting LT comments from UI today, which I hold in high regard. Hopefully I'm reading his commentary correctly, my decoder isn't updated.
ReplyDeleteMaybe my big doom into march, new high into summer isn't so far fetched? It would only be a new high in price, as I believe the true bear will show itself from that point forward. I posted this a few days ago -- I don't like that the market will turn back up, but if we can make money off of it, that is all that matters. Like you said Pata, mind the dollar. And I think the dollar most likely will continue to rise until its intermediate peak in late Feb/March.