short term traders are long from 3246.50 es
#32
Posted 04 February 2020 - 06:02 PM
The rally could huge? or as I assume you mean the selling could be huge?
#33
Posted 05 February 2020 - 10:47 AM
Took profits early today, in cash. Today could be a failing top, not sure, but have had a huge rally since Jan 31. We came within 7 points of the old high on the SPX and made new highs on the NASDAQ which looked assured to me. We could have a case of inter market bearish divergence. Between today and Friday is the key to the future, IMO. I'm not willing to go short as we could make a new high by Friday, but still not sure. Next week looks down regardless. We have a Bradley due on the 8th (top?), full moon and moon in Leo over the weekend which often times marks a top. It could be a secondary top not sure tho'.
#34
Posted 11 February 2020 - 10:58 AM
Pretty quiet down here now about tops, these predictions aren't looking so great at the moment!
#35
Posted 11 February 2020 - 11:39 AM
12SPX it has gotten quiet. I've been wrong, wrong wrong. on this short but I never made a prediction about huge down day or anything of the sort. The repo money apparently has a death grip, and yeah, it will be a death grip as it squeezes all real life out of the markets and only the super rich will remain. But their house of cards will fall too.
#36
Posted 11 February 2020 - 12:12 PM
- Ya loved Powells response about the question on repo purchases that its no big deal just keeping things inline lol! What a joke! Then why are they doing them.....
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