Wednesday, December 09, 2015 8:05:48 AM
we live and learn.
therein lies the wisdom in paper trading for a while.
so we can make our learning mistakes for free.
be careful adding puts on this drop.
imo, the LT direction is down.
but as posted, i do expect them to run it up into next weds
just as they did in sept.
if markets are going to drop after FOMC
(regardless of what FOMC decides)
then the casino will certainly want to unload their remaining assets as high as possible before the drop...
therein lies the wisdom in paper trading for a while.
so we can make our learning mistakes for free.
be careful adding puts on this drop.
imo, the LT direction is down.
but as posted, i do expect them to run it up into next weds
just as they did in sept.
if markets are going to drop after FOMC
(regardless of what FOMC decides)
then the casino will certainly want to unload their remaining assets as high as possible before the drop...
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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