It seems that targeting them is precisely the plan of buyers
this week, whoever they are. They are damn close now to milk more
money out of remaining live bears. This is brutal!
why be a bear? be a trader long or short trade set
ups..... many bears have been very complacent even
willy nilly let all of the profits disappear from
jan. crazy. i should of covered abit sooner. lots of
stocks breaking out here.... we shall see soon....bull brought the
volume in at key inflection points in 2009 this is a
inflection point.
Why be a bear? Because there are no buyers at this market (aside
from the PPT), market is rising because short seller are compelled
to cover their shorts and buy, not because there are genuine buyers
at these elevated levels. Any removal of support leaves at least
1.5% drop on the indexes, that happens regularly. I will not sleep
soundly with longs here, be they from set ups or otherwise. I am
staying in cash now, waiting for the last known resistance to be
overcome. Oblivion is blissful but expensive in the long run, risks
are to the downside. Good luck!
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GS negative divergence
GS and GOOG ripping ......
Posted by vdonato on 4th of Mar 2010 at 04:06 pm
maybe they're looking for all the buy stops on gs....
There are alot of buy
Posted by searay on 4th of Mar 2010 at 04:12 pm
There are alot of buy stops 1130-1150 area could cause a massive short covering rally..... we will soon see
It seems that targeting them
Posted by junkie on 4th of Mar 2010 at 04:21 pm
It seems that targeting them is precisely the plan of buyers this week, whoever they are. They are damn close now to milk more money out of remaining live bears. This is brutal!
why be a bear? be
Posted by searay on 4th of Mar 2010 at 05:25 pm
why be a bear? be a trader long or short trade set ups..... many bears have been very complacent even willy nilly let all of the profits disappear from jan. crazy. i should of covered abit sooner. lots of stocks breaking out here.... we shall see soon....bull brought the volume in at key inflection points in 2009 this is a inflection point.
Why be a bear? Because
Posted by junkie on 4th of Mar 2010 at 05:41 pm
Why be a bear? Because there are no buyers at this market (aside from the PPT), market is rising because short seller are compelled to cover their shorts and buy, not because there are genuine buyers at these elevated levels. Any removal of support leaves at least 1.5% drop on the indexes, that happens regularly. I will not sleep soundly with longs here, be they from set ups or otherwise. I am staying in cash now, waiting for the last known resistance to be overcome. Oblivion is blissful but expensive in the long run, risks are to the downside. Good luck!