Another squeeze higher. Bears are getting killed here. Its too late to cover now. I will hold on to my short position and wait for the buying panic to subside tomorrow or Monday. I expect us to revisit 1090 next week.
5 comments:
Anonymous
said...
This is crazy man. Well at least I didn't buy that much EDZ. Gonna hold. I can see us having much more to go up.
That was 2 percent on Tuesday, .3 percent Wednesay, 1 percent today. Nutz
This market didn't go up on the carry trade with the dollar getting stronger, so I don't expect it to go further up with the dollar getting weaker.. dunno.
The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
5 comments:
This is crazy man. Well at least I didn't buy that much EDZ. Gonna hold. I can see us having much more to go up.
That was 2 percent on Tuesday, .3 percent Wednesay, 1 percent today. Nutz
be careful here, if any dollar weakness we could shoot straight up here and take out the yearly highs
This market didn't go up on the carry trade with the dollar getting stronger, so I don't expect it to go further up with the dollar getting weaker.. dunno.
Bears were a bunch of no shows, again.
you see this after hours action
give me a gap up tommorrow
Post a Comment