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Alias Born 01/26/2012

Re: cue-master post# 8177

Sunday, 05/05/2013 4:16:40 PM

Sunday, May 05, 2013 4:16:40 PM

Post# of 37921
When price does not respond to news as expected, and the pattern is not clear, best to not trade is my rule.

And yet, I am almost fully short with the qid. dumb and dumber.

IN many ways, the pattern is easily a top, but there are also examples were we can go another 3% higher first, before another 3% correction.

Not enough exuberance to call a top, but still.....


Bottom line: I can't do this and have a life, so am not watching in the day for now. I do see a small pullback this week, maybe 1 to 2% at most, and then higher prices for now. NOt sure if it is all about helecopter ben propping up prices, or the market sees something I dont.

Dont let trading ruin your happiness.
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