I purposely posted ATF after the rancor it caused last time around. Will anyone bother for themselves the next similar pattern develops? Maybe. Though not holding my breath.
Not the best day, but I loaded up some more here for the gap up and recovery tomorrow. Already $2 off the low like usual. It's going to take a lot more to convince me otherwise. If this tanks below the low in the next 2 days and only then will I change my tune. I'm expecting the usual pump in overnight futures and gap up tomorrow.
24.25 point rally after a 91.50 point drop. That's some weak sauce. So you're actually trading? You think? I don't feel as dramatic as that, but anything goes in this environment. We're still up nearly 1 % for the week, so there should be plenty of downside if selling picks up.
No need to look too far out into the future (nor too far back) to become rich. One day is enough. But as I said, I dunno how much it will sell off. That's up to you to find out, sir.
That's why I don't attempt to predict too far out (except on a few occasions). I think we're going lower by week end. Just not sure how much.
Or possibly into next week. This just might be the start of the second leg down. Anyway, good luck y'all.