Every Bear has his day....

Volatility is an understatement. This is some wild sh*t but you gotta luv it on the shorter time frames.

 

Wow dow gained 100 points into the close...nuts

 

Scalper's paradise!

 

SHORTS GOT PWNED!!!!!!!!!!!!

 

I wrote at 2:30 while the markets were tanking that there was a good chance of the markets recovering back to 12175+ like they did. Did I go long anything??? No I didnt, but came close to buying 500 SMH at 33.80 right before it tanked to intraday lows. Glad I didnt at the time but Kind of regret it now. Instead I took out a short on XHB.
Monday is a new day, im sure we open up positive and trend higher through out the day, reason I say this is because of the 100 point intraday rally back to 12194.

The news at 10am wasnt worth a -27 it was worth a -100+ . The bears are getting close.

 

This is the kind of volitility that comes during tops and bottoms. The weekly chart was set for a beaarish conformation this week, but the last 30 minutes today ruined everything as the jam job took place. I am so ready for this market to fall and fall hard.

 

dip buyers will keep buying until it fails and burns them. so far it has worked.

 

Thats a pretty big 'until'

Dip buyers did pretty good in the 90's and since 2002

 

I am sorry to ask, but why are you so ready to see the market fall? Why do you care if it falls/jumps ? Thanks. Just curious.

 

vix going higher. i am craving myself to see it at least @14.