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Re: Citrati post# 31343

Tuesday, 04/17/2018 9:24:57 AM

Tuesday, April 17, 2018 9:24:57 AM

Post# of 39190
Well, yesterday partial entry was too early. Within a few pennies of the 100day at 7.44 now. See if it will stop here.
Dow looking to run right through resistance. Look for re-entry. Good thing I got up early and exited.
Some guessing as I said indicators could be more oversold. Should have paid more attention to that. Will wait for a confirming reversal for reentry. Sneaky thieves may even create capitulation later today.
Stay on your toes, after all, it is an options expiry week.
Best wishes.

Update: now 4 gaps down in a row. Nibbled a little more. May have to dump it all if too ugly. Stubborn I can be. No reco for you to guess or be stubborn. Just me. Trade by your rules. 100day needs to hold cause that lower bb is now turning down.

PS: these were small nibbles, as I was not convinced. So no big loss. When I am sure and go all in it won't matter.