What are they going to do next week when the market reopens, buy or dump. and why?
4 replies to this topic
#2
Harapa
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Posted 29 December 2016 - 12:35 PM
Just melt up...slow and painful for both bulls and bears
Edited by Harapa, 29 December 2016 - 12:36 PM.
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#3
alexnewbee
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Posted 29 December 2016 - 03:24 PM
First week up IMHO. Then down into Feb.
"we do G.d's work" Lloyd Blankfein
#4
kinga200
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Posted 29 December 2016 - 07:50 PM
What are they going to do next week when the market reopens, buy or dump. and why?
Long weekend. My system has been trying to change the trend since 12/22. My $VIX model has been on a sell but got confirmation with the XLF & SPY yesterday...So I am short till otherwise.
Good Luck
#5
tsharp
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Posted 30 December 2016 - 08:51 AM
No crystal ball here, though I think the IT trend is still up... the alt count here, rather than a wave-i, wave-ii, wave-i, wave-ii, is wave-iii, wave-iv of the next larger wave-i, with a corrective wave-iv, still underway or complete, and wave-v getting underway... I lean towards the former... time will tell.
Link to SP00 240-min chart: https://postimg.org/image/olmigbrh5/
