1 reply to this topic

[Mr Dev]

when things roll over and say sell ...you sell. I'm trading off a 10m signal and although it may diverge here.. it did go back to a sell and in a bearish atmosphere ....you gotta go with it. Leave hoping for an upturn alone...its just a trade. Well for me it was a loser here today..I though that this morning may have held a bit better,...now that previous lows have been broken on some indexes its likely others will follow suit. Again just another example of playing the days in the week more bearish than bullish over all...and don't stick around on the bullish bet either....I took my losses today...shifted mostly into gold here as I like the action I saw in the GLD..hopefully more money will look to hide in gold and the good gold funds will capitalize. I'm looking for a wild ride to continue into next week. Funny I see Cramer trying to spook the FED into an ease... telling people to walk away from their homes. I think the language could be easing but I think the market will be lower before they step in with a surprise announcement. Just thoughts. Have a nice weekend.

[Sentient Being]

I wondered what he was up to. That walk away from your homes line was outragous.