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Yea haha... I bought way too early
Do you really expect a sell off?
Well here's the intraday count for YM. Index dailies show c downs for a bit more.
Plus my Vector is bearish and I think more retrace for a day or two would be healthy, and fit nicely in the bigger counts in indexes. We're currently in 'c's as I see it. Dow could go as low as 600 before a bounce. And that low point will be crucial support as far as the count goes. But having said that, the market could rally very soon. My bias is just short right now, and I'll be happily buying after any more weakness as soon as the light turns green.
Cover this Dec YM at lod for +118 points. Stalking conservatively considering intraday Vector...it's strengthened so perhaps Mr. Bull is whispering....
Well good luck. If you're looking for something setting up for me right now is IRM I posted over at NB's Hot Pick thread. Great r/r; risk sub1% to target 16%. I also still really like my RE short dude.
Good luck!
Good afternoon Spikefader, hope your trades are all movin your way today dude!
I'm still holding that VPHM short position. Here's my reasoning to hold it. opinion?
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