InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,830.68
(
0.86%
)
Post# of 4221
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Spider Web

Send PM Follow Ignore
Followers 10
Posts 1358
Boards Moderated 0
Alias Born 12/03/2015

Spider Web

Re: Spider Web post# 2562

Tuesday, 10/18/2016 4:50:51 PM

Tuesday, October 18, 2016 4:50:51 PM

Post# of 4221
May Be A Catch-22

I think some traders and investors got caught today in a T+3 trading frenzy, while more strong money was leaving, imo. It is a pattern. This is definitely on the RADAR for dilution and a reverse split. I think "Warren Buffet" would agree to be patient here for a pullback adjustment. This is where that Bull-Trap occurs. The close double top. There may be some sort of downward adjustment ahead.

JMO

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up