And everytime I hear another "reformed" bear say don't fight the tape, I will buy an additional, very short term trade, August put.
Sunday, July 26, 2009
Dow futures short? DON'T FIGHT THE TAPE
OK I know Y'all have been waiting for me to post my long suggestions (in order to crash the market), and I am having trouble finding some. The amount of bullish setups on charts tanked big time on Friday. I'll keep trying though, I think 4 longs posted here will be enough to tank the market. Meanwhile, I was front running myself by taking some Dow futures shorts.
And everytime I hear another "reformed" bear say don't fight the tape, I will buy an additional, very short term trade, August put.
And everytime I hear another "reformed" bear say don't fight the tape, I will buy an additional, very short term trade, August put.
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I'm interested in suggested longs. I think this is the tip.
ReplyDelete1) If we break down, a lot of us will see whether we will retest and upshoot and turn intermediate bullish
or
2) It 'was' a fake out and all the charting finally makes sense as we reverse.
Thankss