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are bottoming now in a wave2


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#141 senorBS

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Posted 09 December 2015 - 10:56 AM

don't like the action so I exited longs, remember I am a TRADER here and nothing else

 

Senor



#142 tria

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Posted 09 December 2015 - 11:24 AM

don't like the action so I exited longs, remember I am a TRADER here and nothing else

 

Senor

 

Good for you Senor, we have probably seen the highs for this week, at least in Gold.

The downside is probably limited too, however and imo.


In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#143 dougie

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Posted 09 December 2015 - 01:30 PM

I thought you were thinking 60% chance lows were in and 40% chance this was a B wave up?

Are you selling based on the B wave scenario or something much more bearish?

 

Thanks!

don't like the action so I exited longs, remember I am a TRADER here and nothing else

 

Senor



#144 senorBS

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Posted 10 December 2015 - 06:16 PM

 

I thought you were thinking 60% chance lows were in and 40% chance this was a B wave up?

Are you selling based on the B wave scenario or something much more bearish?

 

Thanks!

don't like the action so I exited longs, remember I am a TRADER here and nothing else

 

Senor

 

I am saying I don't know and see no clear 5-wave rallies, could easily have an UGLY bottom here and keep working higher in choppy fashion,I am out for now

 

Senor



#145 dougie

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Posted 11 December 2015 - 01:32 AM

Agreed on the no 5 wave rallies so I don't see how anything other than a st bottom is in place