Thursday, February 18, 2021 11:47:20 AM
I do not short stocks at this time. Even if I think it is a blowoff move that is almost a sure thing. I think that would be too risky in the environment we are in at the moment. My opinion can change even intraday, like it did for me yesterday when I saw the volume picking up here and the SP rising. "InItForTheMOney" mentioned a W pattern to the upside in BMIX yesterday. I think that is entirely possible. I offered the idea that we may blow off, shoot really high then come back down hard and stay down for a long time. I mentioned that I would be selling during the fake rally.
Third and most likely scenario is that we continue down to .0154 which is support at the end of the current pattern, "low tight flag".
All my opinion because I try to keep it real.
Peace
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