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Well getting to the upper end of 1910/40 now.
Dan … KAIS went long on 20/01/2016 at close.
Bloomie Bimbo’s just commenting that some crook said “China is not as bad as it seems” lol lol
So why has the US gone up and not China and thats on a very bad AMAZON number.
You got to love them.
Looks like 1940 for WNE
Plan your trade, trade your plan!
Sorry to hear that Daniel. These mustards will get you any which way they can.
GREED KILLS.
You will get it back, but go back to slow and steady mate. Keep stake sizes the same.
Plan your trade, trade your plan!
Hate taking a hit but sometimes you simply get it wrong.
On a positive note, went to the dentist for the second time in 24 years and no cavities. Think of all the dentist bills I have saved and my teeth are still fine. Robbing dentists are worse than bankers……
KTS negated, but the good news is that the next signal will be another KTS, which will be the second KTS.
Patience is the key here.
I have to keep adding every 10 points for now and so I am short again 1930.50.
Plan your trade, trade your plan!
Hate taking a hit but sometimes you simply get it wrong. On a positive note, went to the dentist for the second time in 24 years and no cavities. Think of all the dentist bills I have saved and my teeth are still fine. Robbing dentists are worse than bankers……
lol add to the list of crooks Lawyers. They are in a different league.
Plan your trade, trade your plan!
OK cash markets shut. That the EOM crooks done.
Now on Monday for the 401K crooks.
Plan your trade, trade your plan!
This is the sort rally that of bull counter rally happened in the Bear.
I do feel we will see lower lows as all the bigger MA’s are all pointing down now.
Just a question of if 1910/40 holds it or we have further upside first.
1960 is SPX is possible as an extension. I will expect that too hold.
Either way my plan is it has to hold the 50 DMA on all the bull bounces. I expect that to fall from its current 2007 level, so by the time it does react at 1960 and fall and then bounce the 50 DMA will be nearer 1960.
Rough plan, but there you go, we have a plan
Plan your trade, trade your plan!
I have no concern about today whatsoever, its all part of the game. I expected bullish (been my theme for days) but I was just not prepared to long today.
As it stands my average on todays 4 shorts is around 1915.
Plan your trade, trade your plan!
[Hi Dan,
I took a hit of some 70 points this week trying to long the market when it was falling . would have been in a healthy profit had i had a small stake and held. Even 3 positions and looking at the losses makes it look very scary.
I am now short 1902 and will probably get killed monday. I broke a rule and am carrying over a trade. Have always closed out at the end of day for a profit or loss.
So dont worry you will probably get a chance to add higher or find a better trade. Well done on Amazon but that was a big gamble!
New BDIP at close. Monday is DAY1.
So Monday will be a DAY1 and DAY4 BDIP
WNER with 401K
However a day after a Marabozu.
Bring it on.
1933 today is the high. 1940 is not that far away and we are now in undershoot territory, if that is what it wants.
FOr once I will sound like Dan, lets see if we get a trigger over the weekend or just a pop and drop on Monday or even an UP Monday and then fall back on Tuesday onwards.
All outcomes above say down, hence I have to stay in shorts for now
Plan your trade, trade your plan!
Was thinking of going to cinema tomorrow but not much on, other than The Big Short…..one of you mustards must have seen it – any good? Will Mrs Q really hate it, or just hate it?
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