Because. . .price RARELY goes very far without volume. The late-session pullback was a direct result of this weakness. If you did not take this into account - surprise! Renny if you are holding you have a good chance this rally will unfold quicker than the one before (and before that, ad before that). Hence, the "fulfillment". But I'd rather hedge w/options or use stops with this volatility (and do). gA aka pay$ense
"price" <b>said</b> we were fine! (volume was <i>sorely</i> lacking) But I don't scalp day-trades. Three "swing" contracts do well, however.
TUES. 12/2 9:42 am dow+81 The mighty "Ball" is NEGATIVE calling for WEAK Market action until at least high noon. SELL THIS OPENING BOUNCE, SHE'S SOUTHBOUND. Rennick out
TUES. 12/9 1:25 pm dow- 141 The mighty "Ball" is NEGATIVE calling for WEAK Market action this afternoon. MORE SELLING AHEAD, SHE'S GONNA TAKE A BIGGER DUMP THAN THE SMALL PILE PINCHED THIS MORNING. Rennick out
LOL! To kill a bull you need someone to hold it. Bill haw shown some milwakee rare courage by holding the bull by the horn when the bull was charging, and he continued holding him until the end of his charge. This man Bill is very courageous! PS: thanks for your unsolicited righteous testimony on what happens on RFT's financial blog. For those who want to read what I am talking about, check the thread at link: http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406&perpage=6&pagenumber=54