Buyer @ 2900 +- 10 2930 looks good but ... We might as well go 30 pts lower. Previous low is @ 2903. Bet at least on a retrace (50 +-15Pts) It would look like this Then Sell 2950 to around 2700 +-75Pts
Is today the trading halt day we've waited 22 yrs for ? I figured the first 7% trading halt is around 2806. Second 10% halt around 2715. 3rd which we don't even want to think about is a whopping 2410.Panic is 10 times worse than Greed . But real panic rarely happens
I was short at 67 but since I didn't post the trade at that time I said to call me short at 48 or wherever the market was when I posted. As you know from watching me trade I take +10's and trail. I did stop out and reverse 72 took my +10's at 82 and then sold the close of the bar that closed at 11;35 Eastern ... soon after I posted the chart saying that it was a bear flag all along. Most folks would at least at that point assume I am short or preparing to be short. I then reiterated the targets form the first short which turned out to be pretty good targets. But all seaweed wants to focus on is the short at 48, which was actually at 67 but if I had posted I was short at 67 when the market was already 20 points lower he would have cried about that. At any rate, eug, you, @speedo, @SPYgrain, and Marco (can't remember his user name) saw how I do this. I can't believe after what I posted here the last two weeks that seaweed still wants to come and play the role of the failing trader who insists everyone else fail as well. Anyone here ready to come forth and vouch for seaweed? Anyone know who this guy is? Mbondy? Surf?
People too caught up what others do .What others make is irrelevant . I don’t post trades as it’s meaningless. Talking about levels and direction of the mkt is relevant .A screen shot of my ira recently .