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Honestly...I want a gap. A DOWN gap....something dramatic

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TripTrap   Thursday, 04/15/21 09:26:22 AM
Re: None
Post # of 22261 
Honestly...I want a gap. A DOWN gap....something dramatic that shows we have hit bottom. Then a turnaround back up...

Of course I would love a breakaway gap up and we never look back. We have hit an exact double bottom at .60 from the March 5th low so you never know.

We are going to see if clearing the books of shorts sales carries any weight today. They have until the close to do that. My thinking was the MMs would spike it down below .60 and scare the crap out of retail traders this morning getting them to abandon their longs as much as possible. Then the MMs spend the rest of the day buying back their shorts.

But if we open up a bit then not sure how today will play out.

This is a ROCK SOLID company. As long as the fundamentals stay pretty much the same...the MMs can take it down to minus 10. I'm am not going anywhere!

JMO


"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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