Mr. Market pulls back from the ~1100 level again and test the 1080 again. So funny, it is closed just at 1080, to be more precise, 1079.60. Leave people to bet on either up or down from there.
But, again, clearly, you can see the trend down is pretty clear, as discussed last night in a reply to bokchoy's comment. One thing, I want to make it clear is the trap zone is still valid now for both bulls and bears. So let the market make its own decision. At the same time, put your bet.
Today's paper trading is just on ETFC, as described in the updates. Have a great weekend ! Next week will be fun !
good call, tiger, I appreciate your experience! I was biased yesterday to the long side, so, you know, I just didn't see it clearly. :(
ReplyDelete-bokchoy
bokchoy, thx. I may be wrong also. Only Mr. Market is right all the time. We all are Mr. Market's student. By now, say me is correct on the correction is too early. Still, Mr. Market is sitting inside the trap-zone, although near the edge of the downward. But who knows what exactly Mr. market will do from there ? Only Mr. Market himself. Tiger
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