Good day Kospi traders. The market gapped down today after a down day yesterday, and seems to be making an attempt to fill the gap. I'm thinking the market goes lower after the gap is filled. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3018739">
The gap has filled. I guess I should have gotten long. I'm short now @250.55. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3018757">
Stopped out. Such strength. I guess the North Korean attack on South Korea is nothing for the market to worry about.
Last hour of trading before the close.... what do you anticipate for the final hour? I got my ass kicked today. All losers today from trying to short this market. A couple of clear losers, and let one winner with a huge unrealized gain turn into a loss. By the way, it that a cup-and-handle formation? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3018856">
The close was near the day's high, just a bit below the high of the day and slightly above yesterday's close. A big green candle today. Your expectations for tomorrow? More strength? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3018874">
More strength, but then it always pisses me off when it turns out the market is not correlated to my gut.