Damn!!!! You must have some outrageously high standards for taking a trade!!!! I posted during the dip at 3:07. I don't think it gets better than that.
Yes I do, and none of them have anything to do with listening to anyone's calls But...when ur right ur right Nice job.
Well.... there's being right and there's being RIGHT. I can't believe we didn't squeeze through the highs like nothing?!?! Winning some is better then losing but I am surprised there wasn't another leg higher.
I'm not. As I posted earlier, 1062 to 1063 is resistance on the daily chart from a trendline perspective. Also there's a lot of bullishness here on ET and shorts capitulating - that's not a good sign for a further rally. A lot of churn here at the high right now, not really going anywhere. They could be capping it here.... we'll see.
That's what I really meant was that with the vix being out of whack (from a day trading perspective) I would be wary of a continuation move higher at this time.
and the rally continues, no need to worry people, the rally is still intact however imagine waking up tomorrow and seeing the futures down like 3%, man that would catch the bulls by surprise. Im sure they would buy it right back up to 9700+, when the printing press is on 24/7 there is no need to worry, I just want to know when they are going to shut it down....
It would make sense that we get a pullback here. We probably can't get to DOW 10,000 straight from here, it would be too big of a move and would really get overextended. They want to create a bull-trend, not a parabolic blow-off. Now is a great time to pull back a bit, and then reset for another push higher. It's right at a wait-and-see point.