I replied to Mr Dev yesterday: "IMVHO, the PTB are setting up the market for a big hit on Thursday and/or Friday...

IMVHO, the PTB are setting up the market for a big hit on Thursday and/or Friday and they were selling to the bagholders today. When they raise the guillotine on investors and traders, the investors and traders say, "look the blade is going away from our necks, we're safe!" Like they say on small street, "sold to you!!." Caveat Emptor." Cheers, Bob-C

Bob, do you ever tire of being right so often? I never get bored of keeping my drives in the fairway either! Now if only I could chip and putt As for the market, I am mostly gone away in may. Taking a small stab at longs today for the intermediate term trade. Best luck on your trading.

Edited by pdx5, 28 June 2012 - 12:36 PM.

Bob, do you ever tire of being right so often?
I never get bored of keeping my drives in the fairway either!
Now if only I could chip and putt

As for the market, I am mostly gone away in may. Taking a small stab
at longs today for the intermediate term trade.

Best luck on your trading.

Muchas gracias Roberto, it's always a pleasure to hear from you. I enjoy your humor too! LOL

You're wise to protect your assets and buy small amounts of stock at a time while testing the water just the way Jesse Livermore used to do. "Better a steady dime than a seldom dollar."

Best of luck on all of your trades and lots of happiness too.

All the best,

Bob