Last hour squeeze coming! - bears will die
Started by
relax
, Sep 19 2008 01:24 PM
3 replies to this topic
#2
beta
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lasergirl
Posted 19 September 2008 - 01:47 PM
relax, dude. anyone long going into this friday morning blast has already locked in profits and on a plane to their favorite tropical island.
the only shorts left are the diehards, who will dig in their heels to 1300.
i think we drift/pullback lower to swinger's 1220 target by early next week.
"Daytrading -- An Extreme Sport !"
#3
relax
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Posted 19 September 2008 - 02:03 PM
comments appreciated beta
as long as today's gap remains unfilled, i think we will continue up until at least october 11 (60 days august 11 top and 1 year from the october 2007 top)
but the game is really different without the shorts, vix at 32, yet volatility seems quite low
#4
JAP
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Posted 19 September 2008 - 04:25 PM
comments appreciated beta
as long as today's gap remains unfilled, i think we will continue up until at least october 11 (60 days august 11 top and 1 year from the october 2007 top)
but the game is really different without the shorts, vix at 32, yet volatility seems quite low
Massive short covering rallies are probably history.
