By Sell Puts
I was away from the computer most of the day today unfortunately, everything seems to happen when i am gone! Today was another day of volatility, gapping down in the open then charting up to positive 298 points. YOu might ask is the selling over? i think the there are still people out there who do not know if this is the bottom and may continue to sell. BUT we do not chart up 500 points for the hell of it, investor sentiment is changing for the positive a bit.
I do think the fed cut the rates to soon PLACING a band aid on our market's gaping wound. SACK IT UP AND DIVE, WE NEED TO GET HURT. As a child we learn from getting hurt, we must do the same in the markets. Bernanke resign please.
Drumbeat: June 2, 2012
4 hours ago
3 comments:
Hey buddy keep the good work.
What indicator you are using for your channel ?
i am using the stoch to predict oscilation points. as for the actuall channels they are basic rays which snap-to trends.
I literally stumbled upon your blog yesterday. It's now on my fav list. No "fan-boi" here, I'm old enough to be your dad ! And a long time investor/trader. You're a smart fellow and I enjoy reading your posts. Keep up the good work.
Ed from Jersey
Post a Comment