What did yesterday's fully long fully short interpret as Mark? I am not sure but I thought yesterday's indication was virtually no significant top, or the pull back wasn't big enough?
Lack of short Bears says "almost no chance of a top" yesterday.
So, I viewed the weakness as VST. I will say that I expected and still expect another leg down, but I'm not nearly as confident about that as I am new highs coming.
M
Thanks. I am trying to interpret that sentiment correctly.
Well, I shorted 'em!
Started by
OEXCHAOS
, Jan 17 2018 09:37 AM
12 replies to this topic
#11
melonseed
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Posted 18 January 2018 - 03:09 AM
Trade safe.
#12
OEXCHAOS
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Mark S. Young
Posted 18 January 2018 - 09:37 AM
I just want to be clear, we were nearly 100% certain that new highs were coming and that weakness would be contained.
It's very rare that we can say anything in this business with near 100% certainty.
M
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#13
melonseed
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Posted 18 January 2018 - 01:15 PM
Anything that adds to the percentage is good mark. I am happy at 60-70%
Trade safe.
