What happened?

Discussion in 'Trading' started by wjk, Oct 9, 2009.

  1. wjk


    To the dollar-equities inverse trade? Think I'll become a perma bull. ALL news and events are a reason to buy.

    Dollar down = buy
    Dollar up = buy
    Cramer says buy = buy (who would of thought?)
    Trading programs: Increase in short interest = send buy orders
    All other events including technical divergences, overbought conditions, geopolitical events and other = buy

    Note to self. Re-train to chase rallies without pullbacks. Retrain hand to cramp up when urge to short arises.

    Lesson learned: When the fed utters the word quantitative easing, exit all shorts immediately and bet the farm long.

    Is that about right?
  2. Magna

    Magna Administrator

    The definitive explanation for this situation was posted back on Aug 6th. Since then nothing has really changed...