Tag archive for ‘contra trade’
Kill Shorty
Imagine buying tickets to go see your favorite sports team in action, or to go see an entertainer at a concert.
What if you got held up in traffic, and got there late, or missed it entirely?
What value would those tickets have if you walked in with 5 minutes left in the show?
It seems that timing is [...]
Whiplash
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Timing is everything in life and in trading.
The Boyz seem to be gunning the stops and squeezing both sides in a schizophrenic assault of our protective stops as well as our nerves.
The market has flashed a very consitent pattern the past two days. If you have been attentive, you may have guessed correctly where the market was going [...]
Elevator Operator: Which Floor Please?
Trampling the psyche of bulls and bears alike, the psychiatrists and mental health counselors are going to have their hands full if the volatility continues.
After making an undercut new low overnight, the shorts were looking in the wrong direction all morning long. The longs maintained the onslaught through lunch, and then the contra time set [...]
Bull speed ahead
The bulls took control from the 75 low overnight and never looked back.
As I like to say, hindsight is my best friend. It shows me all the places to get long and short.
I prefer to find the trend for the day and stick with it, until the supposed contra kicks in. That’s how I learned [...]
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