Surfers, we are holding shorts here all the more convinced that the top is in. We are witnessing short term machine buying that will not push the DJIA into new yearly highs. I expect to see djia take a 1500 to 3000 point haircut within the next year. Buckle your seatbelts.
I think he's counting the passionate reiteration, disproportionate rhetoric, and number of times in that thread you did that. Weren't you losing Shortie Gold trades throughout up to $1000 from $800 or $600?
Readers, fellow traders, and oblates--- We are continuing to hold short Dow Jones fully faithful of a spectacular decline prior to the all time high being taken out. The position will be closed should our studies prove in error and the all time high is breached. Until then, we are in and holding short. surf PS--- pay no mind to the hecklers in the peanut gallery who will never know the thrill of victory or the agony of loss.
I know you would unlikely agree, but try to be wrong small and be right big, so that there is only a thrill of victory but never an agony of loss.
Yea, if there is no strong buying into the close, weekly charts will show a KR and it means a bit on weeklies.