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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 (64656)10/2/2014 2:09:26 PM
From: Seismo2 Recommendations

Recommended By
Fiscally Conservative
Mevis

  Read Replies (1) | Respond to of 218603
 
I fully agree... almost everyone is either out or short... this market will never accommodate "almost everyone"...

I don't agree at all. Maybe everyone on this board is out or short but the general market is margined to the hilt long. There's no way they all got out yesterday. This small decline yesterday and today has not scared the longs enough to panic and when they do that long margin overhang is going to crack hard.



To: GROUND ZERO™ who wrote (64656)10/2/2014 3:52:26 PM
From: Mevis  Read Replies (2) | Respond to of 218603
 
Long from 1931..... But it took 3 stop outs to finally hold. LOL. Persistence pays off, at least sometimes.