The selling becomes hard, fast, intense and when they sell everything insight, even the mighty GOLD and CRUDE. Hey, when they wanna raise cash as a measure of desperation they will sell everything they own even the strongest groups.
Near, not there yet. When you have everyone calling a possible bottom, it's never there. Too much impatience to hit that bottom and BUY BUY BUY!
Another day of horrid news, idiots adding new shorts down -200, people fading the gap and the rest of the day is just a lame battle between shorts and longs.
Not purging on a day like this tells us nothing.
Wake me when we blast through new lows and i'll consider going long.
hey fish, the day pointed to a very ugly day and the pessimism was there, i was really hoping for a nice hard trend day down and we see rubber band stretch and a snap back into the green. it was sloppy. i didn;t like it. more likely still more downside to come sooner or later.
Near, not there yet. When you have everyone calling a possible bottom, it's never there. Too much impatience to hit that bottom and BUY BUY BUY!
ReplyDeleteAnother day of horrid news, idiots adding new shorts down -200, people fading the gap and the rest of the day is just a lame battle between shorts and longs.
Not purging on a day like this tells us nothing.
Wake me when we blast through new lows and i'll consider going long.
hey fish, the day pointed to a very ugly day and the pessimism was there, i was really hoping for a nice hard trend day down and we see rubber band stretch and a snap back into the green. it was sloppy. i didn;t like it. more likely still more downside to come sooner or later.
ReplyDelete