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desertcynlite

01/10/12 8:35 AM

#921 RE: duchamp #920

Thanks so much! He's a fighter. The doctors keep giving us the speech that this is it and then Dad fights his way back to life. I call him Dad O' Nine Lives. :) They are supposed to be moving him out of the ICU today. My father has cancer so, one of these days it won't work out so well but, for now we have today.

Sure wish I could trade today. Perhaps it's good to take a little break and just watch the market do it's thing. It's better to not trade when one is ill or in an emotionally challenging position. I knew the squeeze was coming today but, wasn't decided in which direction. (I'm using the squeeze study in my TOS charts.) Just a note though, the hourly chart for TZA on Monday had a flat bottomed triangle with lower lows throughout the day and that usually breaks to the downside as seen in the premarket activity this morning. In this market if one is going to gamble, the odds are usually with the longs. I tend to be more of a bear at heart and I'm trying to let go of that leaning. It doesn't help to have an attachment to either direction.

Best of luck trading to everyone today.