Heck no bro. the below text is from my header. i try to keep the short and med term status up to date so people can see what im thinking (for those that give a rats ass-ggg). we did get some upside on fri but was relatively limited at the intraday highs, and flat by the close. 1/3 to 1/2 is all im looking for as a retrace then next leg up. i also feel that despite the black oxy aht we have about a 50% chance of follow thru on monday wiht another 2% in the indexes.
one last thing before i head out, even if we drop on mon/tues for the retrace, odds are almost 100% we will at least make it back to the highs set friday.
later
stve
we got the follow thru and i am now prepared to be fully bullish and look to buy dips and maintain a long position. i think it is reasonable to retest in coming weeks, but not required as yesterday could have been our retest (even though we went lower than feb 13th)
Short term view: Everything was green and a dark shade. I see little upside without a 1/3 to 1/2 retrace. i wont play puts, but wait for the dip to buy calls. I will sell the calls i have at the best prices i feel i can get tomorrow
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