Wednesday, April 8, 2009

BULLS IN TROUBLE

Technically the market today was a net negative for the bulls...with 20 min. to go today it has been a disappointment for bulls...may go green to close...but it is forming an HnS on spy.......anyway closed longs today....tiny srs faz tbt...tiny

6 comments:

  1. hi kli,

    do you have a target on SRS or S&P during earnings/during wave 2 down?

    thanks.

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  2. what about that bs close, does that change your thinking or not

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  3. Not to much trouble

    The uptick rule will change all of these problems that have kept the market down...I am so sick of these short sellers keeping the market down...I wnet to the doctor (friend) the other day (rich bastard, those guys are really over paid)...All he could talk about was how he is making money in the shorts...well now maybe things will be even

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  4. SRS should have near term nice move but in P2 wtf knows.....and close as it should have leaves you dangling....R shoulder perfect top...it is only a one day hns so i wont get my panties in a wad..but it is worth noting...bulls looked weak at close....

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  5. Up strongly in the AH. Better unemployment number tomorrow. BTW, prominent blogger, Bill Cara, is bullish. He says that one must be blind to not see the start of a bull market.

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  6. I am in P2 and that is bullish and big....agree...trying shorts for quick scalps only.........we should however test 768 within P2....trying shorts for quick scalps with tight stops may NOT be a winning proposittion...cut your losses and stay in cash....wait for pullback and go loooooooooooong

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