SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 676.41+0.7%Dec 18 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Mevis
To: ChartMan22 who wrote (114606)11/26/2018 4:34:07 AM
From: GROUND ZERO™1 Recommendation   of 220390
 
I agree, I was stopped out of my light short at 2655.00 overnight... took a good gain on that short, had been short on that position since 2677.50, we're almost right back to that price again...

A big gap up opening today should be interesting, a few days upside follow through and this would likely put the bottom in place...

This is still very early to say a bottom is in place, but let's see what happens over the next few days...

Looking at how the bonds have been rallying, I would suspect the market is now going to move higher from here, rates will not likely continue much higher and the higher rates have already been priced into this declining market...

So, these markets may very well be primed for a meaningful rally...

We'll see how it goes...

GZ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext