|
发表于 2011-10-14 08:19 AM
|
显示全部楼层
10/14/2011 Intraday Watering
Post a reply
First unread post • 5 posts • Page 1 of 1
10/14/2011 Intraday Watering
by Cobra » Fri Oct 14, 2011 8:03 am
Gap up, like I said last night, test the high first, now key time, as every time revisit the previous extremes there's a chance for reversal. Fail to breakout decisively or cannot even make a higher high then the price would normally try the opposite direction. So key time, let's see.
The big picture is clear though, unless we're still in a range, otherwise, the pullback will be shallow cause the push up we had is way too strong to fail at the very first reversal attempt.
This market requires no logic, it's kind like, hey, I know tomorrow would be fine, the day after tomorrow will be ugly, but, who cares about the day after tomorrow, since tomorrow is fine, so we shall up and up and up until galaxy far far away. So let's try not to argue, hey, we are in deep trouble, the only question need to ask is: will tomorrow be fine? If the answer is yes, then you bet, the market is going to galaxy far far away.
Despite my crazy logic about the market which drawn after years of observation, don't worry, I remain cool headed, because I still know, the day after tomorrow we're not fine! Make sure you always remember that.
|
|