YOU ARE NOT ALONE
Just as soon as I write my 2 day RSI post I find that I have some good company on this trade:
"Given the recent propensity of this market to quickly reverse any sharp spike, the program-driven feel of the action, the profit-taking by bears who were short into the Fed news and window-dressing pressure that is likely to emerge as we wind up the quarter, I'm looking for a pretty quick reversal. I'm contemplating some index longs before the close. This is a dip that invites buyers, not more selling."
Yes, that is correct, the other guy, REVSHARK.
posted by DAVID at
3:59 PM
2 Comments:
I happen to agree and loaded up at 3:50. We'll see tomorrow - won't we?
yes and if not tomorrow that is ok- it is not a one day trade- but if it dips down in the morning again - i will probably buy some EMINI SP FUTURES-
CHEERS
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