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Gilded gossamer


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break even on that YM experiment long

 

if bears get lucky, this dow chart just formed out the top of the right shoulder at key daily ma's. question is it for real, will it break the ma's to the upside, flatline for a bit, or just head back down to this wk's low

 

Luck! :lol:

 

We don't need luck. We need skills. ;)

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Things were lined up so nicely the past 2 days to re-enter shorts. Folks are so scared after weeks and weeks of in your face jams that even when the opportunity was there, they were afraid to take a stab. There are changes over the past 2 weeks and if you don't recognize it, you'll end up "buying & holding" the slope of hope.

 

This is what trading is about.

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Things were lined up so nicely the past 2 days to re-enter shorts. Folks are so scared after weeks and weeks of in your face jams that even when the opportunity was there, they were afraid to take a stab. There are changes over the past 2 weeks and if you don't recognize it, you'll end up "buying & holding" the slope of hope.

 

This is what trading is about.

 

The potential for a quick unraveling here is high, especially if Crapple can bust 600 in the next day or 2...

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