Discussion in 'Trading' started by NoDoji, Nov 13, 2013.
The market is hitting all-time highs and there isn't a single new 'Top" thread in sight.
I been selling on new contract highs, so long as I can hedge quietly.
Good observation if it is about SPY, but notice that QQQ and IWM may not have made new highs!
And for QQQ and IWM there is a thread!
Give it time
When was the last top of IWM? October 29?
Since you seem to watch/trade new highs, I have this question. From October 9 to October 20, did you observe many of them and they were more successful than not? In latest move is the number less compared to October 9 to 20 if you were to count outside of S&P?
What does it mean to "hedge quietly"?
I have no idea what the definition of "success" is as applied to a new high price.
All I hear these days is how the rest of the year is "chasing performance". No sign of a top...you are very right
180.50. The bear is back behind his desk.
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