FWIW, I added to

    Posted by Jim on 28th of Nov 2011 at 08:24 pm

        FWIW, I added to the current short early this AM. My gut says we are going to fall apart, and this trade will be profitable for me. Have no Idea what I am doing, just going with my gut. I see red down arrows on Matt/Steve's long term tools, I see longer term charts they post for us pointing down.......I'm short, shorting bounces till I run out of money, and holding shout till something changes my mind.

       My gut is all I have, and what I can put together with what Matt/Steve post for charts etc. above. Wish me luck.....I just can't see this Europe thing working out any time soon, or the problems we are facing in the U.S. either. I hardly ever post, because I have nothing to offer, but appreciate you all very much.

    well..

    Posted by burkmere on 30th of Nov 2011 at 02:10 pm

    Guess it's not working out too well, Jim...

    I find going opposite of

    Posted by tomW1 on 30th of Nov 2011 at 11:13 am

    I find going opposite of my gut works best Jim. The problem is every other guy is going with the same gut feelings and the market has a way of going opposite the masses. fwiw

    Never trade with your gut.

    Posted by ronroy on 30th of Nov 2011 at 09:10 am

    Never trade with your gut.

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