Monday, December 5, 2011

Remember 1260 the Pretcher Line in the Sand His Disciples Stop

A perfect Taunt to the Bears....blow out their stops at 1260 and a bit higher up to 1266, and then tank the market on a quick drop.    Perfect way to get bears excited, ready to recommit their capital.    Ms. Market can be a real bitch some times.

I got very lucky, went to very tight stops after seeing a blimp on the Euro, retained 90% of all long profits, back in long from a lower level.

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Insightful and Useful Comment!