This absolute b.s. he stated a few pages ago where he was "short" some significant percentage of the time. The braindead aliases will believe it, anyone who is paying attention knows this fraud was short for like 15 minutes when it broke 2550. Again, who are the morons who believe this garbage.
Based on retests of the support we re-entered. You could certainly be right though. Unless we break the trendline higher we're stuck.
For this range, LONG @ 2643.00 - STOP @ 2628.00. If and when the break above entry occurs, stop will be moved to 2637.75. Initial and trail stop both maintain 3:1 If over head resistance proves stronger, SHORT @ 2638.50 - STOP @ 2642.50.
Hold of 2647/48 opens up 2580 Risk is 6 for 67 Next open area would be 2664 but the value of the long trade has been crippled with 59% of the move already completed
And the move back up continues here with the basing put in yesterday and overnight. We will be challenging that 2690 area in fairly short order and meet the weekly downtrend line. Then, things will get more interesting ----especially if we break through.
Frisky, while I agree B1S2 does seem to be the perennial market bull for as long as I've followed this thread (it was in fact I that asked him if he ever went short), implying that Baron in some way has a hand in this thread is comical. I really don't think Baron needs the clicks that bad. Besides, this thread is worth tuning into just for me. Did you notice how I called the Top yesterday at 8 AM (2650) and the bottom last night at about 7:30PM (2630)? (j/k) "Part art part science". -LL
I agree. I was in a bit of a mood last night when I posted that, too bad I can't delete it. That (and this) will be my final posts on this thread.