one hour of trading and have a very peaceful market. surely, a sharp drop or a huge rally will come out of nowhere - we have seen it enough in the last several weeks. you snooze, you lose!
a few minutes ago after i closed all my positions i noticed that my account had fives "6" in a row (they were actually 666 and 66 separated either by "," or "."). i am not superstitious but i have this bad feeling today. maybe the market is meant to crash really bad, or maybe i am about to take a really stupid trade, maybe both. i don't know what to think....
Hey Gals and Gals, Here is a confirmed head and shoulders pattern from December- June; stay short. http://williamtellstradecraft.blogspot.com/2010/06/case-for-dow-4500-watch-it-unfold-week_04.html
Going to be some heck of close this afternoon, either there is a major drop into the close or they close it just above 10,000 once again, I wouldn't bet a single dollar on an afternoon rally to intraday highs, not going to happen before this weekend with all this news out on this last trading day of the week.