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.

1 comment:

  1. I'm interested in suggested longs. I think this is the tip.

    1) If we break down, a lot of us will see whether we will retest and upshoot and turn intermediate bullish


    2) It 'was' a fake out and all the charting finally makes sense as we reverse.



Insightful and Useful Comment!