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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (47266)3/15/2013 10:52:18 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 219325
 
I sure hope so because I've remained stubborn as a mule in my short position.

I'm either going to be right - or lose a chunk of change.

My mindset (based on things I'm hearing from friends who own businesses) is that things aren't improving - it's smoke & mirrors. The problem is (as Vendit pointed out) this market appears healthy from a chart perspective and continues to grind higher.

Grinding markets remain the most difficult things for me to figure out. This market is saying "the trend is your friends" and I'm ignoring that and listening to my instinct. I'm either right - or very stupid.....and I'm starting to think the latter.

I should probably be going idiot long, margined to the gills 1999 style