We really should have held that close up North at 2720... I couldn`t help but lighten my load on all lifts.. something may be rotten in Denmark... I anticipate a pretty sizeable gap tomorrow in the AM. Volatility at or near market extremes are usually indicative of a change of direction with a big move to follow... That Monster 500 Handle single day move in Crude just may be the precursor!
I might have missed it, where did you get out of the 2900 long? By the way the journey to travel around the world starts with a small step.
nasty sell of from the pre market highs from a few hours ago. Expecting yet more downside at a guess. Bears still seem in control Will wait until the open to make a trade I think
Not even worth debating with an Uber bull. I have a friend that has the same mindset. Guy sees only long trades. I told him if he wants to short to just flip his screens upside down. He still can’t pull the trigger. In the meantime he is down huge for the last two months but looks only at every buying opportunity. He is somewhat shell shocked. Also know of another guy that made $4 mil trading into dot com bubble. When mkt started tanking, he drew acct down to $1mil. F’d his mindset up so badly he quit trading. Imagine that...still had $1mil in account but could not pull the trigger any longer. That’s how psychological this game is!