went long SPY

Discussion in 'Trading' started by noob_trad3r, Oct 3, 2011.

  1. Another morning gapup?

    It looks like a lot of bears shorted the bottom while following what they thought was a "clear downtrend".

    The market may be forcing them to see an "uptrend", cover their shorts, and go long, so that it can stick it to them again.
     
    #61     Oct 12, 2011
  2. Marcell

    Marcell

    Oh yeah, just like how our genius grandsupercycle keeps calling tops and giving out high alerts on upcoming avalanches. What a genius.
     
    #62     Oct 12, 2011