what a selling off day !
First, I hope nobody got hurt today by the market's big drop so far.
As I mentioned last night, in order to confirm the "done" of this market correction, bulls need to get back the 1070. Apparently, it hasn't been successful so far.
More analysis later. Enjoy !
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Not hurt at all, actually, I am enjoying the market drop becuase I just opened short positions this morning, so far so good. I am expecting more drop on the way. The Bulls are so fat, it's time to get slaughtered, and the Bears have been hunger for 7 months, now need some food for hibernate for winter.
ReplyDelete:) :O
Tiger, I am still enjoying reading your analysis.
JZ
JZ,
ReplyDeleteCongratulations on your nice short position ! Let's see 1020's support strength then !
Hopefully, we can drop below 1000 as I predicted before. At that time, I plan to buy some longs.
Tiger