Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.92

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Nov 7 4:00 PM EST

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Investor Clouseau

To: d[-_-]b who wrote (87992)	11/18/2016 8:09:05 AM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 218584

Okay, on your question earlier this week, finally this morning I can see a reasonable place for an exit stop for the TQQQ now that I see how this week's action unfolded, sorry for taking so long but there was no place until this morning without taking a hedge position... a straight stop close only below this Wednesday's low would work... otherwise, I'm just letting it run... I think the selling is over... whatever selling that was overnight... looks like a ton of shorts are trapped and will now probably be willing to pay anything to escape before this market reaches altitude... GZ

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