And accordingly, Gold and Oil are selling off, which isn't so wonderful for my DGP, but hey, it went up in a parabolic fashion...what did I think would happen? My stop will ensure a small profit and that's that.
As far as UWM and QLD go, I've reason to hope they will turn up again soon. Futures on Yahoo are looking pretty bouncy; I would not be at all surprised to see a violent rally today just to suck out all the new bears that sprouted yesterday all over message board land.
2 comments:
Let me help you out a bit. Your long stocks (etfs) are going to get SMOKED. I hope you LOAD UP! (sound familiar?)
Now, if only you could tell if I was sincere. Perhaps I really believe stocks are going lower, AND that you will think I'd mislead you, so you stay long?
In any case, it's very clear to me what stocks will do...good luck.
With this comment I believe you reveal yourself to be the bloody boorish moron that you truly are, for several reasons:
1)You don't know when I plan to take profits on today's move
2) You DON'T know what's going to happen, and neither do I. Any pretense of KNOWING the future is a liberal blend of egotism and stupidity.
3) I don't know the future; I just play the odds as best as I can tell. I believe odds currently favor an upward bias, for the reasons I have already cited. There is price action, and all the rest is NOISE, including you...I don't think you disagree with that either, eh?
4) In the longer term I am extremely BEARISH, same as you I venture to say. But I also think the seasonal factors will prevail in the shorter term.
5) If you feel strongly enough about me and/or my opinions to go to all the trouble to come to my blog and say rude things, I'd say your latent homosexual urges are taking hold of your actions and maybe I should post of picture to make you go away.
Love and kisses!
Post a Comment