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#11 CLK

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Posted 15 February 2017 - 09:49 AM

Added on the bounce, I really don't know what else to do.



#12 fib_1618

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Posted 15 February 2017 - 10:24 AM

Added on the bounce, I really don't know what else to do.

 

Close your position and learn from the mistake?

 

Always give yourself the opportunity to come back another day.

 

Fib


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#13 thoughtpwr

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Posted 15 February 2017 - 02:28 PM

Wow, broke though upper channels, my laggard longs are looking good, but my vxx is wasted.  Now metals are in synch with SPY during the same day.  Engergizer Bunnies.  I am glad I am using put spreads, its a lot less stressful in finding where to take profits.



#14 fib_1618

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Posted 15 February 2017 - 02:38 PM

Yes, the underlying strength remains quite positive for the bulls.

 

The path of least resistance remains to the upside, and will likely to continue into mid March now.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#15 CLK

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Posted 16 February 2017 - 09:06 PM

Took the hit on my short position, long for tomorrow.