So you have 4550 for the target? I, on the other hand, think we will sell off into the open and then pop afterwards. Anyway, I have a resting short order at 4527. Less than 2 points to go.
Short 4527 SL 4537 Damn, not sure where to place the stops. There are booby traps everywhere up there.
yeah, i'm thinking 4555 ish will trade soon. If it comes down and takes my BE stop, i'll very likely be looking to long that dip and get back in pretty soon after. Would expect some profit taking and a decent down day at some point, but for me it's easier to just assume we're gonna keep going up everyday when the market is like this rather than looking for shorts. Been destroyed many times being a bear during a ferocious rally
No doubt, that's how it should be played. I'm just an old geezer who loves to counter trade. BTW my price target is 4490.