Actually, the mkt bounced off a channel I drew this am perfectly. If we only knew which 'indicator' to play, we'd all be rich. Look what they did to TGT, ramped to 63.50 LATE, and closed 62.20. Someone got bagged.
stocks still sinking after the 4pm closing, seems many want out and dont care at this point to take a loss even if they bought stocks around DOW 14k.
Yes indeed. Hey, if you let 8 to 10 ES points gain turn into a loss, then what are ya. lol no matter what you think you have to trade what you see. Thats how you stay alive.
I'm holding a measly 1 ES contract long over the weekend that I bought 10 minutes after the closing bell. Huge panic at the close today; once we get past the weekend and people's emotions settle down I suspect the markets will open in the green on Monday.